Navlungo Transforms Freight: Secures $6.5M in Series A to Accelerate Digital Logistics Revolution

Navlungo is excited to announce that it has successfully raised $6.500.000 in its latest funding round—a significant milestone that marks the next chapter in its journey to revolutionize the logistics industry. Founded on a vision to transform freight transportation, Navlungo has steadily evolved from its early days of in-depth field research in 2019 into a trailblazing force in the technology-centered logistics arena. With an initial investment of $250,000 in 2020 propelling the company forward, Navlungo has honed a digital platform that enables freight owners to seamlessly view and purchase hundreds of transportation offers from a diverse pool of qualified service providers in just a few minutes. This new influx of capital will empower Navlungo to further refine its innovative platform, enhance its technological capabilities, and expand its network of vetted forwarders across more than 3000 routes. By classifying and curating transportation offers based on specific customer needs, the platform ensures that users receive reliable, cost-effective, and professionally managed services every time. The funds raised will also accelerate ongoing research and development, enabling the company to integrate additional data-driven solutions and state-of-the-art tools that optimize the freight matching process. Moreover, Navlungo plans to invest in strengthening partnerships with its stakeholders and extending its reach to new markets, ensuring a broader network of support and trust for every cargo shipment. This successful funding round is a testament to the robust market confidence in Navlungo’s vision and its commitment to reshaping the logistics landscape. With an unwavering focus on quality and customer service, Navlungo is well-positioned to usher in a new era of efficiency and reliability in freight transportation.