Contguard Overview
Contguard provides end-to-end solutions for monitoring and managing goods in transit. The company enables its clients to optimize their supply chain management by delivering in-depth information analysis as well as real-time data on their shipping. Contguard's first-layer solutions provide its clients with access to real-time information about their cargo, including location, arrival and departure times, and any deviations from the planned route; the cargo's predefined temperature and humidity; intrusion alerts to notify if a container's doors have been opened or if the container has been otherwise accessed; and shake impact notifications if the cargo is not properly handled. The second layer of service includes comprehensive business intelligence reports to suit the client's unique requirements, providing actionable insights regarding the supply-chain procedures and enabling better planning and effective procedures.
Cumulative Funding Raised Over Time ($)
$9.5MMar 2018
$11.0MNov 2016
Latest News
Neutral
How will insurers cover shippers with containers stranded across the world? - The Loadstar
The article discusses the impact of Covid-19 on marine cargo insurance. It explains how the pandemic has led to containers being stranded around the world, increasing demurrage and detention charges. The article also discusses how insurance policies may or may not cover these charges and the potential remedies available to cargo owners. It further discusses the implications of force majeure declarations by ocean carriers or port facilities, and the potential for business interruption coverage. The article is a guest post by Jose Guerrero, president of Virtual Claims Services.
Customers
growth-positive
Citi invests in supply-chain shipment co Contguard
Israeli supply-chain shipment monitoring and business-intelligence services provider Contguard has received investment from Citi Ventures and Canaan Partners Israel. The financial details of the investment were not disclosed. The funds will be used to build and scale Contguards technology to improve insights into product shipments in the international trade industry. Contguard estimates that over $0.5 trillion of manufactured goods are in transit without supply-chain oversight, resulting in inefficiencies and losses. The company offers IoT-enabled shipment monitoring, data, and business intelligence to optimize the supply chain. Contguard serves Fortune 500 customers in various industries and plans to accelerate technology development, expand sales and support activities, and develop partnerships with banks and insurance companies.
InvestmentExpand
| Sector | Automotive & Mobility Technologies |
Funding
| Total funding | $11M |
| Last funding | $9.5M |
| Stage | Mature |
| Rounds | 2 |
| Investors | 3 |
Team Members
3
Employees: 11-50
Web & Social Links
| Website | contguard.com |
| Careers | Careers page |
Locations
HaNagar 6, Hod HaSharon, Israel
Photos & Videos
2 item(s)
Contguard Business
Business models
B2G, B2B2C, B2B
Product stage
Released
Employees
11-50
Sector
Automotive & Mobility TechnologiesLogistics & Transportation ManagementIndustrial TechnologiesOperational Optimization SolutionsTarget Customer
Industrial ManufacturingTransportation & LogisticsLogisticsMaritimeTransportation InfrastructureCore Technology
SensingGeolocationTags (18)
monitoringtrackingcargoremote-monitoringsupply-chainmarinesecurityautomotivepharma-companiesbanksfood-and-beveragebig-databusiness-intelligenceinsurance-companieslogisticssensorsindustry-4.0smart-mobilitySolutions
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Use Cases
Transportation & Logistics VerticalGeographic Markets
GlobalContguard Financials
$11M
Total funding
Undisclosed
Capital raised
$9.5M
Last funding
Mature
Funding stage
2
Total rounds
3
Investors
Cumulative Funding Raised Over Time ($)
$9.5MMar 2018
$11.0MNov 2016
Private Equity Funding
A Round
Mar 2018
$9.5M
Canaan Partners Israel, Citi Ventures, Axa Venture Partners
Seed
Nov 2016
$1.5M
Canaan Partners Israel
Contguard Lifecycle
Cumulative Funding Raised Over Time
$9.5MMar 2018
$11.0MNov 2016
All Events
A Round
Mar 2018
$9.5M
Canaan Partners Israel, Citi Ventures, Axa Venture Partners
Seed
Nov 2016
$1.5M
Canaan Partners Israel
Contguard News
2 articles
Neutral
How will insurers cover shippers with containers stranded across the world? - The Loadstar
The article discusses the impact of Covid-19 on marine cargo insurance. It explains how the pandemic has led to containers being stranded around the world, increasing demurrage and detention charges. The article also discusses how insurance policies may or may not cover these charges and the potential remedies available to cargo owners. It further discusses the implications of force majeure declarations by ocean carriers or port facilities, and the potential for business interruption coverage. The article is a guest post by Jose Guerrero, president of Virtual Claims Services.
Customers
growth-positive
Citi invests in supply-chain shipment co Contguard
Israeli supply-chain shipment monitoring and business-intelligence services provider Contguard has received investment from Citi Ventures and Canaan Partners Israel. The financial details of the investment were not disclosed. The funds will be used to build and scale Contguards technology to improve insights into product shipments in the international trade industry. Contguard estimates that over $0.5 trillion of manufactured goods are in transit without supply-chain oversight, resulting in inefficiencies and losses. The company offers IoT-enabled shipment monitoring, data, and business intelligence to optimize the supply chain. Contguard serves Fortune 500 customers in various industries and plans to accelerate technology development, expand sales and support activities, and develop partnerships with banks and insurance companies.
InvestmentExpand
Contguard Team
Employee Info
| Employees (range) | 11-50 |
| Exact count | 50 |
| Team members | 3 |
Similar Companies
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Contguard Internal
Recent Updates
No update log entries.
Note: Free-text notes visible in the original Finder "Internal" tab are not present in the imported profile data. Only the update audit log is available.
Admin Info
| Confidence | 100/100 |
| Missing | markets |
| BI Verification | Natalia Golczar |
| Registrar ID | 514922079 |
| Crunchbase | contguard |
| Last updater | Maor Perlov |
| Updater email | maorperlov@gmail.com |
| Last update | 2021-02-18T00:00:00.000Z |
| Created | 2015-08-30T00:00:00.000Z |
| Claimed | Yes |