Nuvocargo Raises $12M for its Digital Freight Forwarding Platform Focused on US-Mexico Trade

407 SHARES Freight forwarding and logistics have long been an industry that relies on disparate workflows, heavily reliant on a pen and paper model despite trillions of dollars of annual trade. The pandemic has led to an increase in digital adoption as the need to continue commerce superseded the industry's traditional unwillingness towards anything digital. Nuvocargo is an all-in-one digital platform that's focused on cross-border trade between the US and Mexico, a $600B+/yr market. The company offers freight forwarding, customs brokerage, insurance, and is also looking to make a mark in trade financing. Supporting businesses with unprecedented transparency and efficiency,…