Sunday, December 22, 2024
Technology News
Trusted, Accurate, and Validated
Home / Business  / Cargo Systems Raises $4.4 Million

Cargo Systems Raises $4.4 Million

Cargo Systems Raises .4 Million
Credit: getcargo.today

According to a recent SEC filing, Cargo Systems raised $4.4 million in financing from an undisclosed investor.

Founded in 2016 by former Birchbox employees, Cargo aims to help rideshare drivers earn more money with a monthly shipment of complementary and premium products that they can sell to their passengers in transit. The company claims that drivers can earn up to $1.50 extra per passenger in sales commissions, plus weekly and monthly bonuses, referral bonuses, and tips through Cargo’s in-app tipping.