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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.
Last updated
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 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.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2021 | Series C | $6.5M | $650K | 1000% | |
| 2018 | Series B | $12M | $35M | 34% | |
| 2016 | Series A | $5M | $10.5M | 48% |
CEO
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.
| Question | Answer |
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| Favorite online tool? | - |
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We do not have customer count information for Stargo yet.
Stargo employs approximately 54 people as of 2026, up from 53 in 2023.
Stargo generates $14.4M in revenue.
Stargo was founded by Joel Sellam.
The CEO of Stargo is Joel Sellam.
Stargo raised $23.5M across 3 rounds.
Stargo has 54 employees.
Stargo is headquartered in Raanana, Israel.
Stargo operates across multiple industries. Browse revenue, funding, and growth data for Stargo in each sector below.
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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Valuation
$650K
2024 Revenue
$14.4M
Funding
$23.5M
Team
54
Founded
2010
| Year | Milestone | Source |
|---|---|---|
| 2024 | Stargo Hit $14.4m revenue in November 2024 | zoominfo.com |
| 2024 | Stargo Hit $5.8m revenue in October 2024 | Estimated |
| 2023 | Stargo Hit $3.9m revenue in December 2023 | Estimated |
| 2021 | Stargo Hit $2.4m revenue in April 2021 | |
| 2010 | Launched with $0 revenue |
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 54 employees (December 2024) | |
| 2024 | Reached 53 employees (October 2024) | |
| 2023 | Reached 53 employees (December 2023) | |
| 2022 | Reached 54 employees (December 2022) | |
| 2021 | Reached 38 employees (December 2021) | |
| 2021 | Reached 43 employees (April 2021) |
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