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How Stargo CEO Joel Sellam grew Stargo to $14.4M revenue with a 54 person team in 2024.

Provider of transportation management services intended to automate manual processes, using real-time information. The company provides transportation management software sales services that enable freight forwarders to manage the sales and customer service processes, enabling organizations to generate accurate and comprehensive proposals in seconds instead of hours or days.

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Stargo Revenue

In 2024, Stargo's revenue reached $14.4M. The company previously reported $5.8M in 2024. Since its launch in 2010, Stargo has shown consistent revenue growth.

Stargo Revenue GrowthReported revenue / ARR by year$0$4M$8M$12M$16M20102012201420162018202020222024$0$2M$4M$14MSource: GetLatka.com
YearMilestone
2024Stargo Hit $14.4m revenue in November 2024Source
2024Stargo Hit $5.8m revenue in October 2024
2023Stargo Hit $3.9m revenue in December 2023
2021Stargo Hit $2.4m revenue in April 2021
2010Launched with $0 revenue

Stargo Valuation, Funding Rounds

Stargo reached a $650K valuation in 2021, set during its Series C round.

Stargo has raised $23.5M in total funding across 3 rounds, most recently a $6.5M Series C round in 2021.

Stargo Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$8M$15M$23M$30M$38M20102012201420162018202020212010 cumulative: $0 • 2010 Founded: $02016 cumulative: $5M • 2010 Founded: $0 • 2016 Series A: $5M @ $11M valuation2018 cumulative: $17M • 2010 Founded: $0 • 2016 Series A: $5M @ $11M valuation • 2018 Series B: $12M @ $35M valuation2021 cumulative: $24M • 2010 Founded: $0 • 2016 Series A: $5M @ $11M valuation • 2018 Series B: $12M @ $35M valuation • 2021 Series C: $7M @ $650K valuation$24M2010 Founded: $0 valuation2016 Series A: $11M valuation2018 Series B: $35M valuation2021 Series C: $650K valuation$650KSource: GetLatka.com
YearRoundAmountValuation% Sold
2021Series C$6.5M$650K1000%
2018Series B$12M$35M34%
2016Series A$5M$10.5M48%

Stargo Employees & Team Size

Stargo employs approximately 54 people as of 2026, up from 53 in 2023.

Stargo has 54 total employees in different roles and functions.

Stargo Team GrowthReported headcount over time0132538506320102012201420162018202020222024005454Source: GetLatka.com
YearMilestone
2024Reached 54 employees (December 2024)
2024Reached 53 employees (October 2024)
2023Reached 53 employees (December 2023)
2022Reached 54 employees (December 2022)
2021Reached 38 employees (December 2021)
2021Reached 43 employees (April 2021)

Founder / CEO

Joel Sellam

Executive with over 20 years of sales and strategy experience from leading global companies such as Symantec, Eagle Global (CEVA) and Pittston's Bax Global Group For the past 30 years, Joel Sellam has proven to be a successful entrepreneur, charismatic leader and innovative thinker in the industrial management industry. Most recently, Joel founded Stargo that is completely transforming the freight industry pricing process. As the CEO of Stargo, he is leading the company’s product and business development processes. Joel brings a unique viewpoint at the intersection of global financial and marketing processes, a keen understanding of sales and business strategies, on the one hand, and successful penetration of the market with new innovative products, on the other. A dynamic manager, Joel has led corporate processes of Symantec AA Middle East, Pittston BAX Group (operating through BAX Global) in Africa and Southeast Asia. Joel also served as a senior VP at Eagle Global Logistics and Brinks. He has been a leading consultant for major corporations; his key strategic activities have included assessment of administrative effectiveness, comprehensive development of marketing and sales strategies, global product structure, decision-making in technological challenges, and fundraising.

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Customers

We do not have customer count information for Stargo yet.

Frequently Asked Questions about Stargo

What is Stargo's revenue?

Stargo generates $14.4M in revenue.

Who founded Stargo?

Stargo was founded by Joel Sellam.

Who is the CEO of Stargo?

The CEO of Stargo is Joel Sellam.

How much funding does Stargo have?

Stargo raised $23.5M.

How many employees does Stargo have?

Stargo has 54 employees.

Where is Stargo headquarters?

Stargo is headquartered in Raanana, Israel.

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Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .