Kargo.ai Raises $42M Series B to Scale Global Warehouse Deployment with Enterprise Clients
Kargo, a leader in industrial artificial intelligence (AI) technology for supply chain and logistics, today announced the closing of a $42 million Series B funding round. The round was led by Avenir, with participation from Linse Capital, Hearst Ventures and Lightbank, and previous investors Matter Venture Partners and Sozo Ventures. The new capital will be used to accelerate Kargo’s mission to transform real-time inventory data infrastructure across warehousing and logistics globally.
Kargo Elevates CTV Pause Ads With Premium Creative and Enhanced Capabilities in Future Today PartnershipKargo’s launch partner Future Today, a leader in FAST, debuted the Pause Ad format with the Ad Council’s Skills-First campaign
Kargo Raises the Bar in CTV, Surpassing Attention Benchmarks Set by Leading Platforms, TVision Study RevealsNEW YORK, Sept. 10, 2025 (GLOBE NEWSWIRE) -- Kargo, the leading creative optimization platform, today announced new results from its partnership with TVision that show how Kargo CTV ads serve as a high-performance complement to YouTube, driving stronger attention and deeper engagement on CTV.
Kargo’s High-Impact Ad Formats Now Available Globally on Amazon AdsThis collaboration combines Kargo's premium inventory and high-impact formats with Amazon Ads audience insights to deliver a global programmatic advertising solution
Kargo and the Ad Council Launch New CTV Pause Ads Partnership to Support Skills-First Hiring and ‘Tear the Paper Ceiling’The activation champions STARs—workers Skilled Through Alternative Routes—by raising awareness at key moments of viewer attention.
Kargo’s CTV Creative Drives Real Performance, Latest TVision Attention Study RevealsNEW YORK, Aug. 19, 2025 (GLOBE NEWSWIRE) -- Kargo, the leading creative optimization platform, is continuing to innovate in the Connected TV (CTV) space, delivering stronger outcomes and smarter measurement for advertisers. As part of its ongoing partnership with TVision, a leader in television measurement and audience attention data, Kargo's latest campaign performance demonstrates a significant leap forward in capturing consumer attention at scale through its high-impact creative and unique ad formats.
Kargo Wins CTV Innovation Award in 8th Annual MarTech Breakthrough Awards ProgramPrestigious International Annual Awards Program Recognizes Standout Marketing, Advertising and Sales Technology Around the World
Kargo Brings CTV Video and CTV Glass Experiences to TiVoNew partnership with TiVo enables immersive, full-screen advertising moments across TiVo-enabled devices (IPTV and TIVO OS)
Kargo Raises $18M to Set New Industry Standards for Inventory Management
Kargo, a leader in industrial artificial intelligence (AI) technology, announced an $18.4 million investment led by Matter Venture Partners, with participation from previous investors Sozo Ventures and Founders Fund, as well as existing customers and new strategic investors Lineage and Armada Supply Chain Solutions, LLC. Kargo also announced the successful rollout of its computer vision solution at 240 Armada dock doors to automate inventory management across the food supply chain provider’s national network of warehouse hubs.
Kargo’s CTV Business Grows 96%, via Context, Commerce, and Creative InnovationsSolutions Drive Measurable Brand Lift and Business Outcomes for Advertiser Clients including Mondelez, Post, and American Eagle Outfitters
Kargo Names Ed Preedy as General Manager, EuropeExperienced Industry Leader to Lead Kargo’s European Go-to-Market Efforts and Drive Global Expansion
Kargo Welcomes Eric Hoffert as Chief Technology OfficerVisionary Technology Leader to Drive Innovation and Focus on Accelerating Kargo’s Streaming and Video Capabilities
Diageo Executive John Kennedy Joins Kargo’s BoardA Global Brand Leader, Kennedy Will Advise Kargo as It Further Expands their European and APAC Presence
Global Supply Chain Leader Armada Implements Kargo AI Solution to Set New Industry Standards for Inventory Management
Kargo, a leader in artificial intelligence (AI) technology for logistics, and Armada Supply Chain Solutions, LLC, a leading supply chain solutions provider, announce the successful rollout of Kargo’s computer vision solution at 240 dock doors to automate inventory management across Armada’s network of warehouse hubs. This strategic deployment underscores Armada's commitment to leveraging innovative technology to provide unparalleled service to their customers, which include many of the largest restaurant brands in North America.
Narrative, Kargo’s Audio-to-Video Format, Unlocks CTV For Thousands of BrandsUnique Audio-to-Video CTV ad format enables audio advertisers to reach precise audiences on CTV with high-impact advertising for better reach and performance
Kargo Introduces the Kargo Lift: Bringing AI Capabilities to Forklifts to Enhance Automation and Visibility
Kargo, a leader in industrial artificial intelligence (AI) solutions, today announced the Kargo Lift, a new addition to the Kargo product portfolio. Purpose-built for forklifts and automated guided vehicles (AGV), the Kargo Lift extends the AI capabilities of the Kargo Towers, automating critical processes and enhancing visibility for warehouses, manufacturing facilities and distribution centers.
Kargo Announces New Integration with TikTok for Better Targeting and Reporting for Commerce AdvertisersNEW YORK, July 23, 2024 (GLOBE NEWSWIRE) -- Kargo is announcing an integration with TikTok to enable Kargo Commerce customers to directly access offline sales insights in TikTok Ads Manager. The integration improves targeting and reporting for advertiser campaigns and enables true omni-channel measurement and high quality data. Advertisers will get real time, granular insights that measure the impact of their TikTok ads across their full funnel, including online and offline performance.
Jess King Partners With Fabrik to Launch ‘On The Record’Fabrik Technology Will Support New Site Focused on Wellness, Parenting and Music
Kargo Partners with Attain to Power Real-Time Sales OutcomesAdvertisers can see how campaigns perform against sales metrics to optimize performance
Kargo Is Industry’s Only Scaled 100% Premium SSP According To Jounce MediaIn partnership with Jounce Media, Kargo removes all made for advertising supply, creating the industry’s most scaled 100% premium SSP
Kargo Partners With Snap to Develop Creative Science and a Dynamically Generated Product Catalog for E-commerce and Retail AdvertisersNEW YORK, March 27, 2023 (GLOBE NEWSWIRE) -- Kargo via its Kargo Commerce division today announced that the company has signed a novel Strategic Partnership with Snap, creator of Snapchat, that will enhance formats, activation and optimization solutions for e-commerce and retail advertisers. The investment by both parties will build on existing Snap Dynamic Ads and Kargo Commerce capabilities, expanding the use of Kargo’s creative science platform and retail media tools to increase advertisers’ return on ad spend (ROAS). Creative Science is Kargo’s approach to combining dynamically personalized design with a measurement feedback loop to optimize towards creative led outcomes.
Kargo Names Jennifer Pelino as Chief Strategy OfficerIndustry Leader Joins Kargo’s Executive Team as Part of Multi-Year Growth Plan
Kargo Acquires CTV Platform VideoByte as Part of Major Video ExpansionVideoByte Offers Unique ConnectedTV Advertising Formats to Complement Kargo’s Omnichannel Portfolio
Kargo Raises $25 Million Series A to Build the Future of Supply Chain Visibility
Kargo, a supply chain visibility company, today announced a $25 million Series A led by Sozo Ventures with participation from Founders Fund, Activant, Human Capital, Strike Capital, Lineage Ventures, and Flexport. The capital will be used to expand the Kargo team and scale its software and hardware offerings. Kargo also announced that Sozo Ventures’ Managing Director Spencer Foust has joined its Board of Directors.
