Data-driven general store for a world in transit
Cargo is merging convenience retail with ridesharing and autonomous vehicles to disrupt the $875B C-Store industry, 80% of whose retail locations are gas stations dependent on car ownership. In partnership with major rideshare companies, Cargo enables drivers to earn more money and better ratings by providing their passengers with affordable access to essential goods (gum, snacks, Advil, charge cords etc.) while in transit. In turn, rideshare companies get improved driver retention and brands get scalable, unique access to premium consumers.
Backed by Techstars Ventures, Fontinalis Partners, Detroit Venture Partners, Rosecliff Ventures, New Ground Ventures, The Gramercy Fund, Ride Ventures, and Bleu Capital, Cargo was named one of CB Insights' Next-Gen Retail companies alongside Snapchat, Pinterest, Birchbox, WeWork, Postmates, and others.