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Nuvocargo Revenue (2024)

Tech-enabled freight forwarding, customs brokerage, and trade finance between USA and Mexico

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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.

Nuvocargo Revenue GrowthReported revenue / ARR over time · latest figure estimated$0$1.5M$3M$4.5M$6M$7.5M2018201920202021202220232024$0$3.2M$5.1M$6.4MSource: GetLatka.com
YearMilestoneSource
2024Nuvocargo Hit $6.4m revenue in October 2024Estimated
2023Nuvocargo Hit $5.1m revenue in October 2023Estimated
2021Nuvocargo Hit $3.2m revenue in January 2021
2018Launched 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.

Nuvocargo Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$0.2$0.4$0.4$0.6$0.6$0.8$0.8$1$12018Source: GetLatka.com
YearRoundAmountValuation% SoldSource

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.

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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.

Nuvocargo Team GrowthReported headcount over time040801201602018201920202021202220232024008888Source: GetLatka.com
YearMilestoneSource
2024Reached 88 employees (December 2024)
2024Reached 118 employees (October 2024)
2023Reached 118 employees (October 2023)
2022Reached 149 employees (October 2022)
2021Reached 90 employees (December 2021)
2021Reached 33 employees (January 2021)

Frequently Asked Questions about Nuvocargo

What is Nuvocargo's revenue?

Nuvocargo generates an estimated $6.4M in annual 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 is bootstrapped and has not raised outside funding.

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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