The platform, launched in 2021 by Mihai Nastase, aims to fully digitize the relation between clients and transporters, by reducing transport costs, improving response and transit times and streamlining the logistical process.
Cargo Buddy is meant for both legal entities and individuals, complementing, at times, courier services. Any kind of cargo The platform can be used for the transport of any cargo, without restrictions of weight, size or typology. Once posted in the application, the cargo will be taken over directly by a transporter located in proximity (similar to ride-sharing systems), at the price proposed by the client or at a dynamic tariff.
In 2023, Omnia Capital took over freight forwarder Dumagas Transport from investment fund Bancroft.
“The investment in Cargo Buddy is another step taken towards consolidating and developing the transportation sector, in which we believe. Dumagas and Cargo Buddy share synergies and values and the investment aims to support the digitalization of a systemic industry, for the purpose of boosting the operational performance and enhancing the commercial conditions offered to our clients (…)”, said Matei Ladea, Partner Omnia Capital.
The company is at its second investment round.
The current round was carried out with legal assistance from lawyers bpv Grigorescu Stefanica, a project led by Catalin Grigorescu,