Y Combinator

Convoy closes $185M Series C to reach unicorn valuation – FreightWaves – John Paul Hampstead, Associate Editor

Convoy’s founders: CTO Grant Goodale and CEO Dan Lewis. ( Photo: Convoy ) The growth equity investment fund of Google parent company Alphabet, CapitalG, led this round of Convoy’s capital raise, bringing the digital brokerage’s total funding raised so far to more than $265M and a valuation exceeding $1B. As part of the deal, David …

Convoy closes $185M Series C to reach unicorn valuation – FreightWaves – John Paul Hampstead, Associate 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 »

Convoy and Uber Freight take on US truck brokerage – JOC – Chris Barnett, Special Correspondent

Convoy, backed by billionaire tech pioneers Jeff Bezos and Bill Gates, and Uber Freight, an offshoot of the globally disruptive ride-sharing giant, are trying to grab a slice of the fragmented US truck brokerage market, taking different routes to lure skeptical drivers and capacity-hungry shippers. The two technology startups are attempting to persuade US shippers …

Convoy and Uber Freight take on US truck brokerage – JOC – Chris Barnett, Special Correspondent Read More »

Convoy, Uber Accelerate Push to Match Carriers With Loads Via Mobile Apps – Transport Topics

The push to automate freight brokering is gaining momentum with technology startup Convoy raising $62 million to accelerate its growth plans and Uber Freight adding features and expanding into new markets since its May launch. These digital freight brokers offer mobile applications that match carriers with loads, automate manual processes and provide upfront pricing and …

Convoy, Uber Accelerate Push to Match Carriers With Loads Via Mobile Apps – Transport Topics Read More »

Tech celebs behind $62m Convoy investment

Some of the biggest names in technology, including Jeff Bezos, Marc Benioff and Bill Gates, were involved in the latest funding round for Seattle-based freight matching marketplace Convoy.    Even in an era of almost unprecedented interest and venture capital investment in transportation and logistics technology, the list of investors in Seattle-based freight matching technology …

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Convoy raises $62M from Bill Gates and other luminaries to transform trucking industry with technology

It’s a warm summer afternoon at the TA Seattle East truck stop in North Bend, Wash., and Jerry Brooks is waiting for business. The 60-year-old driver from South Carolina wants to head back east, but the offers he’s received so far don’t meet his standards for distance and pay. “Everybody you see here is looking …

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