Cargofy raises €9.6M Series A to put AI 'digital workers' into freight operations

Ukraine-based Cargofy has closed a €9.6 million ($11 million) Series A — comprising €5.2 million in primary capital and €4.3 million in secondaries — to scale its AI "digital workers" across freight operations. The round was co-led by u.ventures, Toloka and Movens Capital, with participation from Des Traynor, co-founder of Intercom, and other angels. One of Cargofy's earliest backers fully exited through the secondary, reportedly returning more than 50× its initial investment.

Digital employees, not software

Cargofy's framing is deliberate. "We're not building logistics software," says CEO and founder Stakh Vozniak. "We're building AI infrastructure where companies can hire digital employees for their operations." Its agents mirror the workflows of human freight staff without changing how a company operates — connecting to 70-plus existing tools (TMS, ERP, load boards, carrier-compliance systems) and communicating with carriers by email, handling documents, sending follow-ups and organising dispatch around the clock, in multiple languages.

The company says it started earlier than most AI logistics players and spent years embedded in freight operations, accumulating terabytes of proprietary data before pivoting in 2023 to build agents trained on it.

The numbers it is selling on

Cargofy leans on operational traction rather than promises: it reports that one dispatcher can manage a fleet ten times the usual size, that a 315-truck fleet saves around €72,400 ($83,000) a month, and that one US client cut annual logistics costs by more than €4.3 million. Clients named include SuuS, Nova Group, Zammler, Metinvest and Vista.

The Series A funds three pushes: new local "pods" in Germany, the Netherlands, France, Spain and more US regions; a more international team (today about 10% non-Ukrainian, with a target of 40%); and deeper agent capabilities, extending from front-office client communication into back-office billing, compliance and carrier coordination. Founded by Vozniak, Alex Kovalchuk and Dimitri Alexiou, the company already operates across Europe, the United States and the Caspian region.