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Marlies Hoogvliet - Partner
Quicargo
About Quicargo
Out of the 6.5 million trucks on European roads, 50% are currently driving empty. This offers a real potential to use all of that empty capacity, which results in lesser congestion on the roads, lesser carbon footprint, more sustainability, and more options for small businesses to move their goods. Avishai Trablesi, an Israeli entrepreneur, realised that potential and founded Quicargo to fill that market need and change the way logistics works.
Technology
Quicargo is a technology which maps the empty capacity on trucks (‘carriers’), to companies that need to send goods across (‘shippers’). It is a product that finds a match and makes the booking in 30 seconds through a seamless, easy-to-use experience. It is like booking a taxi within a minute on your app – and we all know how successful that has been – so, imagine the potential with 6.5 million trucks in Europe and beyond.
The Growth
In the last 2 years, Quicargo’s success has been extraordinary – it has grown to $2M in revenues with a monthly growth of 25%, it has rounded up a series of well-respected investors, it has signed up industry leaders (ex-TNT) to be advisors, and the team expanded rapidly. If that seems impressive, the plan for the next two years is even more so – the aspiration is to grow the business five- to tenfold, expand into Germany and Belgium, and grow the team even more.