Nuvocargo raises $12M to digitize the freight logistics industry – TechCrunch
Nuvocargo, a digital logistics platform for cross-border trade, is trying to modernize the process. The company offers an all-in-one service that rolls freight forwarding, customs brokerage, cargo insurance and even trade financing into one UI-friendly software and app. So [Nuvocargo] just creates more visibility throughout the process, from where the goods literally are to visibility around your finances.”But Nuvocargo is thinking beyond the actual movement of goods. The company is also starting to offer customs brokerage, comprehensive cross-border cargo insurance and factoring, or short-term account receivable finance. This is what attracted QED Investors, a firm that typically focuses on financial technology rather than logistics and trucking.