Series C

Truck Technology Startup Raises $97 Million for Port Freight Plan – WSJ – By Erica E. Phillips

The developer of a freight-matching app for truck drivers and shippers at the ports of Los Angeles and Long Beach has raised $97 million in new funding as the startup works to improve its fledgling technology and expand to other ports. NEXT Trucking Inc. said Wednesday that Brookfield Asset Management Inc. ’s venture investment arm …

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Tech 25: Silicon Valley money and the network effect lead Convoy to #4 – NewsTechnology Freight.

Just three years after its founding in Seattle by two former Amazon executives, the leading digital freight brokerage Convoy reached a unicorn valuation and took the #4 spot in the Freight.Tech 25. Dan Lewis, co-founder and CEO, worked at Microsoft and Google before serving as the GM of New Shopping Experiences at Amazon. Grant Goodale, …

Tech 25: Silicon Valley money and the network effect lead Convoy to #4 – NewsTechnology Freight. Read More »

Convoy secures $185 million in Series C funding round – Logistics Management – By Jeff Berman, Group News Editor

Seattle-based Convoy, a digital freight technology-enabled network, recently announced it secured $185 million in Series C funding. The company said the round of funding was led by the growth equity investment fund of Google’s parent Alphabet City, CapitalG. With this funding, Convoy said that the amount of total capital it has raised now stands at …

Convoy secures $185 million in Series C funding round – Logistics Management – By Jeff Berman, Group News Editor Read More »

Digital Freight Startup Convoy Raises $185 Million, Surpasses $1 Billion in Value – WSJ – By Erica E. Phillips

Digital freight-booking startup Convoy raised $185 million in a funding round led by an investment arm of Google parent company Alphabet Inc., GOOG 0.76% adding big new backing for the company competing in an increasingly crowded field trying to reshape U.S. shipping operations. The funding round led by Alphabet’s CapitalG, one of the biggest investments …

Digital Freight Startup Convoy Raises $185 Million, Surpasses $1 Billion in Value – WSJ – By Erica E. Phillips Read More »

Trucking startup Convoy reaches $1B valuation after huge $185M investment led by Google VC arm – Geek Wire – BY TAYLOR SOPER

After serving 14 years for the Royal Canadian Navy, Ira Lawrence was ready for a new adventure. He and his wife decided to start a trucking company in 2017, but several hurdles nearly caused them to quit before even getting started. But then Lawrence found Convoy, a Seattle startup that developed an app to match …

Trucking startup Convoy reaches $1B valuation after huge $185M investment led by Google VC arm – Geek Wire – BY TAYLOR SOPER Read More »

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