The ocean freight rate platform Cargofive, portfolio company of EIT Urban Mobility, has been acquired by cargo.one. Together, they create the logistics industry’s first AI-native operating system that spans both air and ocean freight.
For Cargofive, this deal is a strategic response to market reality. Digital freight is increasingly dominated by larger platforms covering multiple transport modes. Rather than continuing to compete in an increasingly crowded ocean-only technology market, Cargofive is now part of a platform already embedded inside many of the world’s top freight forwarders’ operations.
Sebastian Cazajus, Founder & CEO of Cargofive: “Across the industry, forwarders are asking for integrated air and ocean solutions that eliminate data silos. cargo.one has already set the standard in air. Together, we are bringing that same quality and scale to ocean freight, creating a truly multimodal operating foundation to enable agentic workflows.”
The acquisition is complemented by a roughly $20M investment into cargo.one from investors including Bessemer Venture Partners, signaling strong confidence in the combined platform’s potential to define the infrastructure layer for AI transformation in global logistics.
Anna Burgués, Investment & Portfolio Manager of EIT Urban Mobility: “The acquisition by cargo.one validates our early-stage investment in Cargofive. By digitising ocean-freight pricing and quoting, Cargofive creates predictable, real-time decisions that ripple into the road and rail ‘last mile’ of ports, where congestion and air pollution impact cities most severely. It is demonstrated that maritime digitalisation and truck-flow optimisation are among the most cost-effective ways to cut emissions and improve operational efficiency.”
The data problem that makes AI fail
As a go-to logistics AI partner, cargo.one combines renowned technology quality, fully integrated rate data, and in-house logistics expertise. cargo.one’s AI-native operating system equips logistics companies to deploy ready-made AI agents or build custom ones using open protocols like MCP servers. Built on comprehensive multimodal rate data, cargo.one’s infrastructure includes RAG-based knowledge retrieval and supervision layers that monitor AI outputs to ensure accuracy and reliability.
Unlike bolt-on AI tools that require integration with separate systems and third-party data, cargo.one’s workflows operate natively within the same platform. Humans and AI work side by side using the same data, ensuring teams maintain full control while automation handles repetitive tasks.
“Most AI projects in logistics fail to deliver ROI because they lack access to robust, structured data”, comments Moritz Claussen, Founder and Co-CEO of cargo.one. “Real returns come from unified data infrastructure operating at enterprise scale. With Cargofive, we’re expanding the foundation already embedded inside many of the world’s top forwarders’ operations to encompass ocean needs, and we are delivering what makes AI actually work in production.”
cargo.one‘s AI-native operating system is available now, enabling freight forwarders and carriers to run agentic workflows, including those for rate management, quoting, booking, and customer support, using consistent data and under their teams’ full control. The first cargo.one customers have already been onboarded to its ocean rate management and quoting solution, with cargo.one’s wider customer base to benefit in the coming weeks.
