Diligence memo · auto-generated · as of July 2, 2026

Nuvocargo Inc.

Nuvocargo Inc. looks fair against its niche peers and is dormant on financing cadence.

DeprioritizeFinancing has gone silent well past the sector's normal cadence — treat as inactive until outside confirmation of a live operation.

Businessfiled

Nuvocargo Inc. operates in AI / ML, based in NEW YORK, NY, USA. Your AI partner for North America truckload freight

Sub-sector tags: Artificial Intelligence, Logistics, ai/ml.

Capital & rounds (filed)filed

Nuvocargo Inc. has raised $21M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Series B (a $15M–$40M round).

Largest single filing: $21M on 2021-11-19.

Most recent recorded round closed around 2021-11-19.

Valuation (modeled)modeled

Provath models Nuvocargo Inc. at approximately $472M (range $50M–$1.4B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.

Read: Fair. Modeled value is 0.96× the median modeled value of Series B AI / ML companies in 2019–2021 (22 peers) — value vs value, same stage and era. Within the normal band (96% of peer median) for its niche.

Financing rhythm & timingmixed

Last raise 4.6 yr ago; this sector typically re-raises about every 11 months.

Only one round on record and long silent — often defunct, acquired, or gone quiet.

Comparablesmixed

Capital scale ranks ahead of 92% of AI / ML peers (2067 compared).

Modeled value ranks above 96% of those peers.

Closest niche peers: Nile AI, Inc., Outlier AI, Inc., ClosedLoop.ai Inc., Airbyte, Inc., Common Intelligence, LLC.

Peoplefiled

3 named people on file across officers, directors and signatories.

Risks & flagsmixed

Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.

No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.