FundedIQ
Administrative Services

Pargo: Funding, Investors & Team (Sep 2026)

Pargo is a smart logistics company specialising in click and collect delivery making distribution in South Africa more accessible, affordable and convenient through an extensive network of over 4,000+ Pargo Points.

pargo.co.za LinkedIn Cape Town, South Africa 51-100 employees
Delivery Last Mile Transportation Logistics
Total raised
$4.0M
Rounds
1
Latest
Undisclosed round
Oct 2024

Pargo has raised $4.0M across 1 funding round on record, the most recent an undisclosed round of $4.0M announced in Oct 2024.

That round is below the $4.7M median round size for Administrative Services companies tracked on FundedIQ over the last two years.

Pargo Company Profile and Key Stats

Total funding raised
$4.0M
across 1 round on record
Funding rounds on record
1
Latest funding round
Undisclosed round
$4.0M in Oct 2024
Employees
51-100
reported band
Headquarters
Cape Town, South Africa

Latest funding round on record: Oct 2024.

Pargo Funding Rounds

Date
Round
Amount
Undisclosed round
$4.0M

Pargo Founders and Leadership Team

Name
Role
Contact
Derk Hoekert
Founder
Locked

Contact details for the Pargo team: 1 of 1 has an email address on file.

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Pargo Funding Compared to Other Administrative Services Startups

Segment
Companies
Median round

Pargo's latest round of $4.0M is below the median round in Administrative Services. Medians cover the last 24 months of disclosed rounds.

Funded Startups Like Pargo in Administrative Services and Cape Town

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Pargo Funding FAQs

What does Pargo do?

Pargo is a smart logistics company specialising in click and collect delivery making distribution in South Africa more accessible, affordable and convenient through an extensive network of over 4,000+ Pargo Points.

How much funding has Pargo raised?

Pargo has raised $4.0M across 1 round on record. The most recent is an undisclosed round of $4.0M announced in Oct 2024.

When did Pargo last raise funding?

Pargo's most recent funding round on record is an undisclosed round of $4.0M, announced in Oct 2024.

Who founded Pargo?

FundedIQ lists Derk Hoekert (Founder) at Pargo.

Where is Pargo headquartered?

Pargo is based in Cape Town, Na - South Africa, South Africa.

How many employees does Pargo have?

Pargo is in the 51-100 employee band.

How does Pargo's funding compare to other Administrative Services startups?

Pargo's latest round of $4.0M is below the $4.7M median round size for Administrative Services companies on FundedIQ across 1,897 tracked companies over the last two years.

About FundedIQ's Pargo Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Pargo is left off this page rather than filled in.

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