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3 Latest Announced Rounds

$631.05M Raised in 57 Funding Rounds in the past 7 Days - View All

Funding Round Profile

PayCargo

start up
United States - Coral Gables, Florida
  • 15/06/2022
  • Series C
  • $130,000,000

The Most Trusted Logistics Payment Platform


Related People

Eduardo Del RiegoFounder

Eduardo Del Riego United States - ND

Mr. Del Riego began his career with Crowley Maritime starting in operations, then sales, to line management running Crowley's Dominican Service from Jacksonville. In 1984 he left Crowley to start EDR International, Inc. (EDRII) partnering with Southern Steam, Inc. with franchise for Florida and Caribbean. In 1992 upon sale of company to Inchcape Shipping of London Mr. Del Riego remained with company through 1994 heading Latin America Division. In late 1994 partnered with Di Gregorio Family of Brazil to build U.S. Network $100 million company. In 1999 along with partner started Athena Information Systems which was sold to Plus Integration of Holland in 2001 and also started Marine Cargo Line which he merged with Active International of Pearl River New York in 2005 to create Active Freight & Logistics and headed as company President. EDR International sold its interest in AF&L in 2009 after growing company to $30 million revenue. Mr. Del Riego is currently Managing Partner and CEO of PayCargo an online payment system for the transportation industry. He is an investor in several companies where he serves as Advisory Board Member (Super Terminais, DG Holding, United Agency, and others).

Specialties: Specialize in start up business. Developing business plan and implementing to grow company to stability, profitability, and market share growth. Has done this in shipping business, logistics, and Technology. His strength is in developing strategic partnerships that form long term success for all parties.