C
Convoy
Digital freight network that moves truckloads and design solutions that address supply chain inefficiencies
About Convoy
Convoy.com is a leading digital freight network that leverages technology to streamline the freight industry. It serves a wide range of clients, including some of the nation's largest brands, by reducing their freight costs and increasing efficiency. Convoy's business model is based on providing a digital platform that connects carriers with shippers, thus eliminating the need for a traditional freight broker.
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The company operates in the freight and logistics market, which is characterized by high volatility. Convoy's technology platform is designed to withstand this volatility by providing a sustainable capacity model. This means that Convoy can consistently provide its clients with the trucking capacity they need, regardless of fluctuations in the market.
Convoy's revenue comes from the fees it charges for its services. For example, when a shipper uses Convoy to arrange a shipment, Convoy charges a fee for this service. The company also offers a drop-and-hook program, which allows shippers to drop off a trailer at a carrier's location and pick up another one, thus saving time and increasing efficiency.
The company's technology platform also provides real-time tracking of shipments, which helps shippers streamline their operations by eliminating uncertainty about when trucks will arrive and shipments will be delivered.
In addition to its technology platform, Convoy distinguishes itself through its high level of service and tailored programs. The company has earned a deep level of trust from its clients, which has allowed it to form long-term partnerships that go beyond just providing a tech platform.
At a glance
- Founded
- 2015
- Headquarters
- Seattle, United States
- Sector
- Transportation
- Power Law
- Thoroughbred$100M+ revenue
Latest news
Press, funding announcements and product moves mentioning Convoy.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed19 investors entered at this stage
Drew Houston
Michael Dougherty
Grant Ries
Ali Partovi
Charlie Songhurst
Howard Behar
Omidyar Network
Allen & Company
Hadi Partovi
Farzad (Zod) Nazem
Marc Benioff
Adrian Aoun
Henry Kravis
Fuel Capital
Hooman Radfar
Bezos Expeditions
Dara Khosrowshahi
Nicolas Berggruen
Noosheen Hashemi
Series A7 investors entered at this stage
Greylock Partners
Jeffrey Wilke
Gary R. Chartrand
Red Sea Ventures- MGMike Gamson
Kevin Systrom
Jeff Bezos
Series B and later11 investors entered at this stage
CapitalG
Lone Pine Capital
T. Rowe Price
Generation Investment Management
Baillie Gifford
Fidelity Investments
Rancilio Cube
Jovono
Hercules Capital
JP Morgan
Park West Asset Management
Source: Dealroom Talent Intelligence.
Global footprint
team presence
across markets
Market sentiment
An AI-synthesised read of the highest-engagement posts about Convoy on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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