Qargo Series B 2025

TLDR

Qargo raised EUR 28M in a Series B round in December 2025 led by Sofina to scale its transport management software for road freight.

Overview

The EUR 28M Series B led by Sofina, one of Belgium's most prestigious family holding companies with a long track record in tech investment, is a significant validation for Qargo's transport management platform.

Qargo provides TMS (Transport Management System) software to road freight companies, helping them digitize operations, optimize routes, and manage carrier relationships. The logistics software category is large and fragmented, with legacy systems still common across European trucking and freight companies.

Sofina's participation signals confidence in Qargo's ability to consolidate market share and build a category-leading position in European logistics software.