G-ILS Transportation Ltd. (Stargo)

www.stargo.co

Formerly Global Intelligent Logistics Services

High-Tech Company

Graduated from: Granot Ventures

TECH VERTICALS

Artificial Intelligence, Big Data, Data Analytics, Deep Learning, Deep Tech, Machine Learning, SaaS

General Data

Sector	Enterprise Software & Infrastructure
Company Stage:	Initial Revenues
Established	2008
Number of Employees	53
Employees in Israel	33
Reg. Number:	abCDe

DESCRIPTION

Stargo is an artificial intelligence-based pricing optimization and shipment automation platform, designed to eliminate freight pricing, placement and shipping inefficiencies, focusing on: conversion of unstructured to structured data, optimizing pricing of shipment via air, sea and/or road, optimizing proposal generation, shipment creation automation – into operational ERP and guaranteed payment and reconciliation.

TECHNOLOGY

Stargo's platform utilizes artificial intelligence to automate manual processes involved in pricing and proposal of cargo, using real-time information and generate accurate and comprehensive proposals in a short time, enabling freight forwarders to manage their transportation sales service and customer service processes.

	TARGET MARKETS
	Freight forwarders, Cargo, Air Lines and Shipping Lines Industries, Logistics ERP platforms.

	BUSINESS MODEL
	B2B

COMPETITORS

Cargologic , BuyTasker , ByteMaster

CONTACT INFO

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Main Address: Raanana, Israel

Address	8 Hasadna St.
City	Raanana
Country	Israel
Zip	4365104

Contact Person	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

	MANAGEMENT

Key Executive

Name	Title
Mr. Joel Sellam	CEO & Founder
Ms. Josiane Rosenbaum	COO

	BOARD

Board

Member	Title	Affiliation
abC Defghij	Chairman	President & Co-Founder, XM
abC Defghij	Board Member	CEO & Founder, Global Intelligent Logistics Services (G-ILS) Ltd.
abC Defghij	Board Member	Venture Partner, Lucion Venture Capital
abC Defghij	Board Member	Chief Digital Officer, Stargo
abC Defghij	Board Member	President, Sunrise Financial Group
abC Defghij	Board Member	CEO & Founder, Ascent Advisors, LLC

	FINANCIAL ROUNDS

Total Capital Raised
abCDe

Financial Rounds

Numbers of Investors

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Round

Date

Stage

Amount

Valuation

Third Round - Extended

Mar. 17, 2022

Initial Revenues

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Investment Company	abCDe
abC Defghij	Investment Company	abCDe
abC Defghij	Private Investor	abCDe
abC Defghij	Private Investor	abCDe

Third Round - Extended

Jan. 01, 2022

Initial Revenues

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Investment Company	abCDe
abC Defghij	Private Investor	abCDe
abC Defghij	Private Investor	abCDe

Third Round

Apr. 28, 2021

Initial Revenues

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Angel Club/ Group	abCDe
abC Defghij	Investment Company	abCDe
abC Defghij	Investment Company	abCDe
abC Defghij	Private Investor	abCDe
abC Defghij	Private Investor	abCDe

Second Round

Mar. 01, 2018

Initial Revenues

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Investment Company	abCDe
abC Defghij	Private Investor	abCDe
abC Defghij	Private Investor	abCDe

First Round

May. 01, 2016

Initial Revenues

abCDe

Seed

Jan. 01, 2013

Seed

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Government Agency	abCDe	R&D Grant
abC Defghij	Incubator	abCDe

	Non-Equity Assistance

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Date

Stage

Remarks

Non-Equity Assistance

Jan. 01, 2019

Initial Revenues

Contributor	Type	Amount	Remarks
abC Defghij	Corporate Accelerator	abCDe

Last Updated:	abCDe
IVC Number:	abCDe