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Cargomatic operates a logistics technology platform that connects shippers with local truckers in real time. It matches freight loads with available trucking capacity, focusing on drayage and nearby, short‑haul moves to enable on‑demand trucking services. The system works by signaling available loads to nearby carriers through the platform (and vice versa), letting shippers post freight and drivers accept jobs, all aiming to move shipments quickly and efficiently. Compared with competitors, Cargomatic emphasizes real‑time, local trucking connections and has grown through multiple funding rounds to scale its platform, supported by investors such as Warburg Pincus and Canaan Partners. Its goal is to make freight transportation more connected and efficient by expanding access to on‑demand local trucking solutions.
Industries
Data & Analytics
Automotive & Transportation
Enterprise Software
Company Size
201-500
Company Stage
Series B
Total Funding
$55.8M
Headquarters
Long Beach, California
Founded
2013
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Total Funding
$55.8M
Below
Industry Average
Funded Over
6 Rounds
Industry standards
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Fullbay names Paul Malone president and CRO. Malone most recently served as CRO at Truckstop.com, a transportation technology and freight-matching solutions company. Jeff White is the Managing Editor of Counterman. He joined Babcox after a 20-year career in TV News as a Producer. You can contact him at [email protected] Published: September 9, 2026 Fullbay has hired Paul Malone as president and chief revenue officer, effective Sept. 8, 2026. In the newly created role, the company said Malone will lead its go-to-market functions, focusing on accelerating growth, deepening customer value, expanding market presence, driving operational excellence and advancing adoption of Fullbay Next, the company's mobile-friendly, AI-native shop management platform launched in August. Leadership experience in transportation and logistics. A seasoned revenue executive, Malone most recently served as CRO at Truckstop.com, a transportation technology and freight-matching solutions company. Previously, he was CRO at ACERTUS, an automotive third-party logistics (3PL) provider, where he led an enterprise-wide commercial transformation. Across both roles, Malone built and executed revenue strategies, strengthened commercial organizations, and helped drive growth across the transportation and logistics industries. Executive perspectives. "Paul understands both where our industry sits today and where it's headed, making him an ideal leader for Fullbay's new chapter," said Trent Broberg, CEO of Fullbay. "His deep transportation and logistics expertise, combined with his AI-first approach to go-to-market strategies, will be instrumental as we continue to evolve our business and bring transformational solutions to our customers. We're excited to have his experience and perspective as we continue to strengthen Fullbay's position as an industry leader." "Having sat on the fleet side of this industry, I know exactly where the friction lives between fleet management and service operations. Fullbay is solving that from the inside out, and the Fullbay Next platform's AI-native approach is exactly the kind of shop management software this space has been waiting for," said Malone. Career background. Prior to his CRO roles at Truckstop and ACERTUS, Malone served as executive vice president of sales and marketplace at Cargomatic. Earlier, he spent nearly a decade at Truckstop.com leading commercial organizations and a decade at Swift Transportation leading operations.
LONG BEACH, CA, UNITED STATES, March 14, 2025 / EINPresswire.com / - Cargomatic, a leading short-haul logistics provider, today announced it has been recognized as" Local Freight Carrier of the Year " by Logistics Tech Outlook.
Cargomatic recognized as a "best place to Work" for the third consecutive year.
FMC Commissioner Carl Bentzel joined Cargomatic on a recent People on the Move podcast.
Bekaah Boettcher, Director of Global Logistics at Trek Bicycles, joined Cargomatic on a recent People on the Move podcast.
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Industries
Data & Analytics
Automotive & Transportation
Enterprise Software
Company Size
201-500
Company Stage
Series B
Total Funding
$55.8M
Headquarters
Long Beach, California
Founded
2013
Find jobs on Simplify and start your career today