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Convoy
AddedFeb 27, 2023
UpdatedJun 1, 2026
Convoy

Convoy

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Convoy: Leading digital freight network optimizing trucking, saving costs, and reducing carbon waste.

HQ
Seattle, WA, US
Founded
2015
Overview
Analysis
Compare
Fundraising
Employees
News

Convoy, founded by Dan Lewis and Grant Goodale, was a leading digital freight network headquartered in Seattle, Washington. The company aimed to revolutionize the trucking industry by optimizing freight logistics through a connected network of carriers. Convoy's platform facilitated efficient matches between shippers and carriers, reducing costs and minimizing carbon waste.

Notable investors included Y Combinator's Continuity Fund, Bill Gates' Cascade Investment, and Barry Diller. The company raised $62 million in Series B funding in 2017 and later reached a $3.8 billion valuation. Despite its innovative approach and significant backing, Convoy ceased operations in 2023.

Convoy - Similar Companies

Uber logo

Uber

uber.com

Flexport logo

Flexport

flexport.com

MacroPoint logo

MacroPoint

Loadsmart logo

Loadsmart

loadsmart.com

Airspace logo

Airspace

airspace.com

Flock Freight logo

Flock Freight

flockfreight.com

OneRail logo

OneRail

onerail.com

CloudTrucks logo

CloudTrucks

cloudtrucks.com

Internal logo

Internal

Preteckt logo

Preteckt

preteckt.com

Convoy - Quick Facts

Who are Convoy's competitors?

Companies similar to Convoy include Uber, Flexport, MacroPoint and Loadsmart.

When was Convoy founded?

Convoy was founded in 2015.

Where is Convoy's headquarters located?

Convoy's headquarters is located in Seattle, WA, US.

When was Convoy's last funding round?

Convoy's most recent funding round was for $160M (USD) in April 2022.

How much has Convoy raised to-date?

As of Apr 21, 2022, Convoy has raised a total of $1.1B (USD).

Convoy - Classification

Ownership
  • Private Equity
  • Venture Capital
Technology
  • AI
  • Machine Learning
Geographic Exposure
  • United States
Model
  • Platform
Revenue
  • Software
  • Transactional
Customer
  • Enterprise
  • Small Business
Main Product
  • Freight Logistics
Tags
  • Cloud
  • Freight Tech
NAICS
  • 540000Professional, Scientific, and Technical Services
  • 541000Professional, Scientific, and Technical Services
  • 541600Management, Scientific, and Technical Consulting Services
  • 541610Management Consulting Services
  • 541614Process, Physical Distribution, and Logistics Consulting Services
SIC
  • 4700Transportation Services
  • 4720Arrangement Of Passenger Transportation
  • 4729Arrangement Of Passenger Transportation, Not Elsewhere Classified
Show 12 more industry codes
NAICS
  • 485100Urban Transit Systems
  • 513200Software Publishers
  • 480000Transportation and Warehousing
  • 510000Information
  • 485000Transit and Ground Passenger Transportation
  • 513000Publishing Industries
  • 485110Urban Transit Systems
  • 513210Software Publishers
SIC
  • 7300Business Services
  • 4730Arrangement Of Transportation Of Freight And Cargo
  • 7370Computer Programming, Data Processing, And Other Computer Related
  • 7372Prepackaged Software