CargoLabs Inc.

FinTech For Truckers.

  • Stage Full Product Ready
  • Industry Software
  • Location Charlottesville, VA, USA
  • Currency USD
  • Founded October 2019
  • Employees 2
  • Incorporation Type C-corp
  • Website cargolabs.org

Company Summary

CargoLabs is building the 1st & only solution to the 'Dark Capacity' problem.

Today, SMB spot market truckers (fleets <20 trucks) are barred from entering the enterprise market. Transactional costs of annual insurance products prevent SMB carriers from accessing required lines of enterprise insurance.

CargoLabs offers a daily & immediate digital insurance product (no cost of insurance agent) to eliminate the 25k barrier to entry for SMB fleets.

Team

  • Jake Spradling
    CoFounder & CEO

    Full Stack Developer
    MultiCloud & Serverless Web Architect (AWS & GCP)
    Blockchain Dev
    Mobile App Dev (iOS & Android)

    Sales Experience from time working at:
    1. RedHat
    2. ParkMyCloud (Acquired by Turbonomic in 2019—Turbonomic acquired by IBM for $1.9B in 2021)

    Previously Founded:
    ZenBlock - a real-time digital asset portfolio management tool

    Met John during undergrad at UVA as fraternity brothers in ΑΣΦ during UVA's Fall '15 Semester.

  • John Hernandez
    CoFounder

    Trucker
    Refrigerated Trucking Broker (focus: Produce)
    Shipper
    Warehouse Worker

    Graduate from UVA (Dec. '16)
    Intern on Capital Hill (2015 - 16)

    Previously Founded:
    Event Horizon Analytics - a political polling digital solution

    Met Jake during undergrad at UVA as fraternity brothers in ΑΣΦ during UVA's Fall '15 Semester.

  • Jack Hamilton
    Blockchain Developer

    Full Stack Blockchain Developer
    Background in C++ Game Development
    SaaS Sales Experience

  • Alex Jensen
    Data Analyst

    BS in STAT & ECON from UVA (Spring '20)
    MS in STAT (expected Summer '21)
    Python, STATA, & R Developer

  • Harvey Snook
    CoFounder & COO

    +30 yrs. experience selling freight insurance as a licensed insurance agent specializing in long-haul trucking insurance.

Advisors

Previous Investors

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