Chargel

Chargel

Freight brokerage platform that connects hippers and carriers with avalable trucks. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
$8—12m (Dealroom.co estimates Apr 2023.)
Dakar Kwilu (HQ)

Financials

Estimates*

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Revenues, earnings & profits over time
USD2023
Revenues<1m
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DateInvestorsAmountRound
-

N/A

-
*

$750k

Seed
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$2.0m

Seed
*
N/A

$500k

Debt
Total Funding$2.8m

Recent News about Chargel

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Chargel is a pioneering company in the logistics industry, focusing on providing advanced fleet management solutions. Founded by Senegalese brothers Moustapha and Alioune Ndoye after their successful exit from the hospitality tech startup Teranga, Chargel aims to address the significant challenges in fleet management that impact the profitability of truck owners.

Chargel serves truck owners and operators who are looking to optimize their fleet operations and increase their earnings. The company operates in the logistics and transportation market, offering a business model that combines technology and dedicated support to streamline the entire transport process.

Chargel makes money by offering subscription-based services and transaction fees for the use of its platform, which provides access to missions, fast payments, and dedicated support. The company's innovative approach not only simplifies fleet management but also fosters career growth and professional development for its team members.

Keywords: fleet management, logistics, transportation, truck owners, profitability, efficiency, technology, fast payments, dedicated support, Senegal.