Latest round

Series E

Last raised

Apr 2022

Total raised

$718M

Investors

15

About Convoy

Convoy, Inc.Founded in 2015 and headquartered in Seattle, US, Convoy, Inc. operates a logistics platform that connects brokers with trusted carriers. The company was co-founded by Dan Lewis and Grant Goodale. Rowe Price.The Convoy Platform serves as a marketplace facilitating connections between freight brokers and carriers. It features a user-friendly mobile application that allows carriers to optimize routes and maximize load efficiency, while brokers gain tools for managing freight logistics effectively.The Convoy revenue model is transaction-based, generating fees from successful matches between brokers and carriers. It operates under a B2B structure, where brokers incur costs for utilizing the platform's services.In October 2023, Convoy, Inc. discontinued its operations, marking a significant shift in the company's trajectory. As such, there are no current plans for new product launches or market expansions.

Who invested in Convoy

15 investors across 5 rounds

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Funding rounds

  1. Series E

    Apr 21, 2022

    Amount

    $160M

    Investors

    Locked

  2. Series D

    Oct 31, 2019

    Amount

    $302M

    Investors

    Locked

  3. Series C

    Sep 14, 2018

    Amount

    $177M

    Investors

    Locked

  4. Series B

    Jul 10, 2017

    Amount

    $62M

    Investors

    Locked

  5. Series A

    Dec 21, 2015

    Amount

    $16M

    Investors

    Locked

Questions about Convoy

Who invested in Convoy?

Convoy has 15 investors on record across 5 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Convoy raised?

Convoy has raised 5 venture rounds. Sign up free to see how much each round raised and the total.

When did Convoy last raise money?

Convoy's most recent round on record is a Series E, in Apr 2022.

What does Convoy do?

Convoy is a software company.

Where is Convoy headquartered?

Convoy is headquartered in Seattle, US.

Which VCs invest in companies like Convoy?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Convoy's stage. Their profiles are linked below.

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