Valuation · 2021
$650K
2024 Revenue
$14.4M
Funding
$23.5M
Team
54
Founded
2010
Stargo Revenue, Valuation & Funding (2024)
Stargo generated $14.4M in revenue in 2024. Source: zoominfo.com
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
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.
| 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 | Not recorded |
| 2010 | Launched 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.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2021 | Series C | $6.5M | $650K | 1000% | Not recorded |
| 2018 | Series B | $12M | $35M | 34% | Not recorded |
| 2016 | Series A | $5M | $10.5M | 48% | Not recorded |
Founder / CEO
Joel Sellam
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.
Stargo Employees & Team Size
Stargo employs approximately 54 people as of 2026, up from 53 in 2023.
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 54 employees (December 2024) | Not recorded |
| 2024 | Reached 53 employees (October 2024) | Not recorded |
| 2023 | Reached 53 employees (December 2023) | Not recorded |
| 2022 | Reached 54 employees (December 2022) | Not recorded |
| 2021 | Reached 38 employees (December 2021) | Not recorded |
| 2021 | Reached 43 employees (April 2021) | Not recorded |
Frequently Asked Questions about Stargo
What is Stargo's revenue?
As of 2024, Stargo generated $14.4M in revenue.
What is Stargo's valuation?
As of 2021, Stargo was valued at $650K.
Who founded Stargo?
Stargo was founded by Joel Sellam.
When was Stargo founded?
Stargo was founded in 2010.
Who is the CEO of Stargo?
The CEO of Stargo is Joel Sellam.
How much funding does Stargo have?
Stargo raised $23.5M across 3 rounds.
How many employees does Stargo have?
As of 2024, Stargo had 54 employees.
Where is Stargo headquartered?
Stargo is headquartered in Ra'anana, Israel.
Compare Stargo to the industry
Stargo operates across multiple industries. Browse revenue, funding, and growth data for Stargo 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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