- cargo.one acquires ocean rate platform Cargofive to unify air and ocean rate data, creating the industry’s most comprehensive multimodal rate infrastructure
- The AI-native operating system builds upon integrated air and ocean rate infrastructure and enables agentic workflows to work alongside teams
- cargo.one raises $20M from Bessemer Venture Partners and other leading technology investors to accelerate AI investments
cargo.one, the AI technology provider for logistics, today announced the acquisition of ocean rate platform Cargofive and the launch of the industry’s first AI-native operating system for multimodal freight. The platform unifies air and ocean freight data into a single robust foundation, powering accurate agentic workflows to operate natively alongside teams. The strategic move, complemented by around $20M investment from investors including Bessemer Venture Partners, positions cargo.one as the prime infrastructure layer for AI transformation in global logistics.
Freight forwarders and carriers alike are investing heavily in AI programs, but most solutions remain bolt-on tools that sit disconnected from the most relevant knowledge source: structured data. The result is a fragmented technology landscape where AI promises efficiency but delivers complexity and does not progress beyond the pilot phase. cargo.one’s multimodal AI-native operating system addresses these challenges with a unified approach where agentic workflows and operational data exist natively in a single system.
The acquisition of Cargofive, which closed on February 25, fundamentally expands cargo.one’s rate data foundation by adding connections to the top 10 ocean carriers and scalable ocean rate data ingestion and management capabilities. Cargofive offers a full spectrum of ocean rates spanning four million trade lanes and is trusted by hundreds of forwarders globally. cargo.one is now the industry’s most complete rate database, enabling freight forwarders to automate air and ocean workflows from a single platform rather than managing fragmented tools.
As a go-to logistics AI partner, cargo.one combines renowned technology quality, fully integrated rate data, and in-house logistics expertise. cargo.one’s AI-native operating system equips logistics companies to deploy ready-made AI agents or build custom ones using open protocols like MCP servers. Built on comprehensive multimodal rate data, cargo.one’s infrastructure includes RAG-based knowledge retrieval and supervision layers that monitor AI outputs to ensure accuracy and reliability.
Unlike bolt-on AI tools that require integration with separate systems and third-party data, cargo.one’s workflows operate natively within the same platform. Humans and AI work side by side using the same data, ensuring teams maintain full control while automation handles repetitive tasks.
“Most AI projects in logistics fail to deliver ROI because they lack access to robust, structured data”, says Moritz Claussen, Founder and Co-CEO of cargo.one. “Real returns come from unified data infrastructure operating at enterprise scale. With Cargofive, we’re expanding the foundation already embedded inside many of the world’s top forwarders’ operations to encompass ocean needs, and we are delivering what makes AI actually work in production.”
Sebastian Cazajus, Founder & CEO of Cargofive, added, “Across the industry, forwarders are asking for integrated air and ocean solutions that eliminate data silos. cargo.one has already set the standard in air. Together, we are bringing that same quality and scale to ocean freight, creating a truly multimodal operating foundation to enable agentic workflows.”
“Data and AI are inseparable – quality data is the foundation for quality AI”, says Stefan Borggreve, Member of the Management Board at Hellmann Worldwide Logistics, “cargo.one has built a comprehensive operating system that our teams trust. When AI workflows operate using the same reliable data our people use daily, we can confidently deploy automation and focus on delivering the best customer experiences”.
“When evaluating AI partners, logistics leaders should look beyond individual features to the underlying foundation,” says Bob Goodman, Partner at Bessemer Venture Partners. “Features become commoditized quickly; what matters is having a partner with comprehensive data infrastructure and industry-specific expertise that can evolve with your needs. cargo.one has built exactly that foundation for multimodal logistics.”
cargo.one’s AI-native operating system is available now, enabling freight forwarders and carriers to run agentic workflows, including those for rate management, quoting, booking, and customer support, using consistent data and under their teams’ full control. The first cargo.one customers have already been onboarded to its ocean rate management and quoting solution, with cargo.one’s wider customer base to benefit in the coming weeks.
