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
Total funds raised
€4.5M
Rounds
2
Investors
2
Last round
Sep 2026
SectorsLogistics, Freight Transport, AI, Marketplace Start-up MapMobility & Logistics › Freight & cargo tech

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Founders

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

Global models 5

Convoy
United States · convoy.com ↗
Digital freight network that algorithmically matched shippers' full truckloads with carriers and took responsibility for each shipment as the broker (shut down in 2023).
$1.1BComparable
Uber Freight
United States · www.uberfreight.com ↗
Tech-enabled FTL operator that matches shipper loads with carriers through its app and owns the shipment relationship with enterprise shippers.
$1.0B+Comparable
Sennder
European digital road freight operator that runs FTL shipments for large shippers using a carrier network and data-driven matching, the closest European match to OkCargo.
$500M+Comparable
Flock Freight
United States · www.flockfreight.com ↗
Tech-driven freight operator that uses algorithms to pool loads and cut empty miles, selling capacity to shippers as the responsible carrier of record.
$400M+Comparable
Loadsmart
United States · loadsmart.com ↗
Digital freight operator that prices and moves FTL loads for shippers through AI-driven matching with carriers.
$350MComparable

In the same niche 24 others

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Notes: Most funded first

Investors 2

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CaixaBank
www.caixabank.com
Led Venture Debt 2026 Spain
Cardel Consultores
Led Seed 2022 Spain

Funding rounds 2

DateRoundAmountLead
PublishedArticle
2026-09-21 Open Cosmos, Exein y Fever, protagonistas de las rondas ↗
Forbes España
2026-09-21
2026-09-17 OkCargo cierra una ronda de financiación de 2 millones de euros con CaixaBank para financiar su plan de crecimiento ↗
2026-07-30 OkCargo acelera su crecimiento y consolida la rentabilidad en el primer semestre de 2026 ↗
Ruta del Transporte
2026-07-30
2026-04-08 Luis Sanz (OkCargo): "No realizamos cargas sin margen: es un principio que forma parte de nuestra cultura" ↗
Ruta del Transporte
2026-04-08
2026-01-20 OkCargo permite la digitalización del documento de control del transporte, obligatoria desde octubre, de forma gratuita ↗
Ruta del Transporte
2026-01-20
2025-05-29 OkCargo presenta su nueva plataforma de cargas propias para transportistas profesionales ↗
Diario de Transporte
2025-05-29
2024-07-18 OkCargo logra un crecimiento espectacular y alcanza un aumento en ventas del 43% ↗
Diario de Transporte
2024-07-18
2024-04-15 Spanish digital freight operator OkCargo signs strategic alliance with UETR ↗
Trans.info
2024-04-15
2024-03-19 OkCargo abre una oficina en Berlín ↗
Ruta del Transporte
2024-03-19
2024-02-12 OkCargo crea su propia plataforma de Inteligencia Artificial ↗
Ruta del Transporte
2024-02-12
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