Company · Mobility & Logistics

OkCargo

okcargo.com ↗ ·Madrid ·Seed

OkCargo is a Madrid-based digital road freight operator specialising in full truckload (FTL) transport within Spain and internationally. Its platform uses big data and AI algorithms to match shippers' loads with a network of carriers and to optimise routes, cutting empty kilometres and fuel use; unlike a load board, OkCargo acts as the transport operator and takes full responsibility for each shipment. Customers include Alcampo, Decathlon, Nestlé Waters, Leroy Merlin, ArcelorMittal and Central Lechera Asturiana, and in Q2 2026 its managed loads grew 32.5% and revenue 39.7% year on year, with a positive EBITDA margin. Founded in 2022 by Carlos Cancela and Luis Sanz, the company raised a €2.5 million first round led by Cardel Consultores in October 2022 and later took on Ontime founder Carlos Moreno de Viana-Cárdenas as a shareholder; in 2026 it closed €2 million in growth debt with CaixaBank to fund its 2026-2028 growth plan.

Founded
2022
Founders
2
News
11
Rounds
1
Investors
1
SectorsLogistics, Freight Transport, AI, Marketplace Start-up MapMobility & Logistics › Freight & cargo tech

Profile updated 24 Sep 2026

Founders

Carlos Cancela Martínez
Co-founder & CEO
Luis Sanz
Co-founder & COO

Global models

No comparables on record yet.

Investors 1

Cardel Consultores
Investor Spain

Funding rounds 1

Seed · €2.5M
Digital road-freight platform OkCargo closed its first round of €2.5M to expand its sales and tech teams. It had 700+ carriers on the platfo…
2022-10-25

News & media 11

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