Product Reports Resources Pricing Login Book a demo
COMPANY PROFILE

Convoy

Explore full profile

Digital freight network that moves truckloads and design solutions that address supply chain inefficiencies

Seattle, United StatesFounded 2015Transportation
Valuation $0–100M Last recorded · 2023
Revenue $500M–1B Latest reported FY
Headcount 100–500 Current team size
Total funding $500M–1B Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Convoy and the history behind them.

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.

Read full description

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.

Source: Dealroom company data

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.

See all news

Investors

37 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed19 investors entered at this stage

Series A7 investors entered at this stage

  • Greylock Partners
  • Jeffrey Wilke
  • Gary R. Chartrand
  • Red Sea Ventures
  • Mike Gamson
  • Kevin Systrom
  • Jeff Bezos

Series B and later11 investors entered at this stage

Team profiled 90 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
6 countries with
team presence
🇺🇸 United States78.9%
🇵🇭 Philippines14.1%
🇭🇳 Honduras2.8%
🇨🇴 Colombia1.4%
🇨🇦 Canada1.4%
Top 5 of 6 shown
Web traffic by country
42K monthly visits
across markets
🇺🇸 United States76.7%
🇳🇬 Nigeria5.2%
🇨🇦 Canada5.2%
🇬🇧 United Kingdom4.8%
🇮🇳 India4.3%
Top 5 markets shown

Market sentiment

Posts on X, past 7 days

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

See Convoy on the full Dealroom platform

Live deal flow, founder pedigree, hiring signals, revenue trajectory, and the full cap table.