2024 Revenue
$6.4M
Funding
$0
YOY
26.5%
Team
88
Founded
2018
How Nuvocargo CEO Deepak Chhugani grew to $6.4M revenue with a 88 person team in 2024.
Tech-enabled freight forwarding, customs brokerage, and trade finance between USA and Mexico
Last updated
Nuvocargo Revenue
In 2024, Nuvocargo's revenue reached $6.4M. The company previously reported $5.1M in 2023. Since its launch in 2018, Nuvocargo has shown consistent revenue growth.
| Year | Milestone | Quote |
|---|---|---|
| 2024 | Nuvocargo Hit $6.4m revenue in October 2024 | |
| 2023 | Nuvocargo Hit $5.1m revenue in October 2023 | |
| 2021 | Nuvocargo Hit $3.2m revenue in January 2021 | |
| 2018 | Launched with $0 revenue |
Nuvocargo Valuation, Funding Rounds
Nuvocargo is a bootstrapped Freight Management Software startup. Founded in 2018, Nuvocargo has grown to $6.4M in revenue without raising any venture capital or outside funding.
As a self-funded Freight Management Software SaaS company, Nuvocargo has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|
Founder / CEO
Deepak Chhugani
CEO
Deepak Chhugani, CEO I'm currently the Founder/CEO of Nuvocargo (YC W18). Before that, I spent time in M&A at BofA Merrill Lynch and I also have experience as a GP in private equity real estate, raising capital to buy multifamily properties in Southeast USA. I joined YC in winter 2018 with a different idea (thelobby.io) and had a crazy pivot about 6 months post YC. I grew up in Ecuador, was born in Kenya, and my parents are Indian. I'm incredibly passionate about the intersection between USA and Latin America.
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
We do not have customer count information for Nuvocargo yet.
Nuvocargo Employees & Team Size
Nuvocargo employs approximately 88 people as of 2026, down from 118 in 2023.
| Year | Milestone |
|---|---|
| 2024 | Reached 88 employees (December 2024) |
| 2024 | Reached 118 employees (October 2024) |
| 2023 | Reached 118 employees (October 2023) |
| 2022 | Reached 149 employees (October 2022) |
| 2021 | Reached 90 employees (December 2021) |
| 2021 | Reached 33 employees (January 2021) |
Frequently Asked Questions about Nuvocargo
What is Nuvocargo's revenue?
Nuvocargo generates $6.4M in revenue.
Who founded Nuvocargo?
Nuvocargo was founded by Deepak Chhugani.
Who is the CEO of Nuvocargo?
The CEO of Nuvocargo is Deepak Chhugani.
How much funding does Nuvocargo have?
Nuvocargo raised $0.
How many employees does Nuvocargo have?
Nuvocargo has 88 employees.
Where is Nuvocargo headquarters?
Nuvocargo is headquartered in New York, New York, United States.
Compare Nuvocargo to the industry
Nuvocargo operates across multiple industries. Browse revenue, funding, and growth data for Nuvocargo in each sector below.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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