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Convoy

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A digital freight network that addresses supply chain inefficiencies for trucking companies.

HQ

Seattle, WA, USA

N/A

N/A

Founded
2015
Company
Analysis
Valuation
Contacts
Convoy is a digital freight network designed for the trucking industry. The company’s platform enables instant quotations and online bookings, automated loading suggestions, bidding, and online payments. Its aim is to make freight more efficient and sustainable while also reducing costs and increasing earnings for carriers.
Convoy was founded in 2015 by Dan Lewis and Grant Goodale.
Employees
946
As of Mar 07, 2023
Total Raised to Date
$1,090,500,000
17 Months Since Last Deal
Last Deal Details
$160,000,000
Series E (April, 2022)
Last Valuation
Undisclosed

Company Overview

Operating Status
Active
Ownership Type(s)
Institutional
Main Product(s)
Data & Analytics, Delivery Services
Technology
Business Intelligence, Data Visualization
Tags
FreightTech, DataOps

Operating Model

Model Type(s)
Subscription, Professional Services
Revenue Type(s)
Recurring, Transactional
Customer Type(s)
Enterprise, SMB
Geographic Exposure
USA
Total Customers
1,000 - 10,000
Retention Range
90 - 95%

Convoy - FAQ

When was Convoy founded?
Convoywas founded in 2015.
Where is Convoy’s headquarters located?
Convoy’sheadquarters is located in Seattle, WA, USA.
How many employees does Convoy have?
Convoyhas 946 employees as of March 07, 2023.
How much has Convoy raised to-date?
As of September 18, 2023,Convoyhas raised a total of $1,090.50 million (USD) since 2015.
When was Convoy’s last funding round?
Convoy’smost recent funding round was for $160.00 million (USD) in April 2022.
How many customers does Convoy have?
Convoyhas an estimated 1,000 - 10,000 customers as of April 22, 2023.
Who are Convoy competitors?
Companies similar toConvoyincludeAirspace,Flexport, andMacroPoint.
Source(s): This page includes data and analysis provided by the company, OpenAI, and our research analysts
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