What is Convoy's business focus and history?

Convoy was a digital freight network based in Seattle, United States, founded in 2015 by Dan Lewis and Grant Goodale. It connected shippers with carriers to move truckloads efficiently across the country. The company raised over $1 billion in funding, with a peak valuation of $3.8 billion. In November 2023, Flexport acquired Convoy's assets for $16 million.

Convoy Corporate Details & Core Services

Convoy was a digital freight network that connected shippers with carriers to move truckloads efficiently across the United States. The company utilized technology and data to address inefficiencies in the trucking industry, aiming to reduce costs for shippers, increase earnings for drivers, and eliminate carbon waste.

Convoy Contact Information & Official Links

Website https://convoy.com
Social        
Email id info@convoy.com
Phone number (855) 526-6869
Head office address Seattle, Washington, United States
Tags digital freight network logistics trucking

What are Convoy's Key Business Metrics & Stats?

No of employees
Founded year 2015
Type private
SAICS CODE 4731
NAICS Code 488510
Industry Logistics
Location Seattle, Washington, United States
Parent Company dat.com
Convoy Firmographic Snapshot 2026 2015 Founded Year Global Employees United States Headquarters Logistics Industry Private Type Verified by DexterAgent.ai

How much funding has Convoy raised to date?

Name Description
Funding Amount USD 62 Million
Stage Series B
Latest Valuation 3.8 Billion (USD)
Lead Investor Y Combinator's Continuity Fund
Investors Y Combinator's Continuity Fund, Bill Gates, Mosaic Ventures, Bill Bradley, Barry Diller

What are Convoy's Core Products?

Name Description
Convoy Go A drop-and-hook service providing shippers with flexible, reliable capacity and carriers with increased earnings through preloaded trailers.

What are the latest developments at Convoy?

Date Type Description
November, 2023 Acquisition Flexport acquired Convoy's assets for $16 million.

What industry awards and recognitions has Convoy received?

Date Type Description
March, 2022 Recognition Named to Fast Company's World’s Most Innovative Companies List for 2022

Convoy VS Uber Freight VS Flexport VS Cargomatic : 2026 Comparison

Feature Convoy Uber Freight Flexport Cargomatic
Core Strengths Convoy Go Uber Freight TMS, Managed Transportation, Freight Brokerage Ocean Freight, Air Freight, Trucking, Customs Brokerage, Trade Finance, Cargo Insurance, Order Management, eCommerce Fulfillment, B2B Fulfillment, Returns Management Drayage, Intermodal, Less-Than-Truckload (LTL), Full-Truckload (FTL), White Glove Delivery
Founded Year 2015 2017 2013 2013
Stock Name/Ticker
Type private private private private
Global Employees 5800 2100 185
Revenue (Annual) $320 Million(2023) $5.1 Billion(2024) $2.1 Billion(2024) $95.6 Million(2025)
Headquarters Seattle, Washington, United States Chicago, Illinois, United States San Francisco, California, United States Long Beach, California, United States
Latest Valuation $3.8 Billion $3.3 Billion $3.8 Billion $0
LATEST REVENUE (TRILLIONS USD) EMPLOYEE COUNT (THOUSANDS) INNOVATORS VISIONARIES DISRUPTORS GIANTS Uber Freight 5.1 | 5800 Flexport 2.1 | 2100 Cargomatic 95.6 | 185 Competitive Landscape 2026 DexterAgent.ai
Name Description
Legal Name Convoy Inc.
Cin number
GST number
Registration number

Who is in Convoy's executive leadership team?

Name Designation
CEO Dan Lewis
Chief Technology Officer Grant Goodale

Where are Convoy's primary office locations?

City Country
Seattle United States

What are the current business signals and market intelligence for Convoy?

Pain points Inefficient freight matching, High operational costs, Carbon emissions from empty miles
Sales motion Direct sales to shippers, Carrier recruitment
Buyer Persona Logistics managers, Supply chain directors
Type of customer Shippers, Carriers
Key customer domain anheuser-busch.com, pg.com, unilever.com

What is Convoy's annual revenue history?

Year Revenue (USD)
2023 320 Million

What are Convoy's risk management and compliance ratings?

GDPR RIsk No
Privacy Risk No
Company Ratings
Glassdoor Rating

What are Convoy's business model and service classifications?

Saas Yes
Offline Stores No
Service Yes
Ecommerce No
Exporter No
Mobile App Yes
Retail No
B2B Yes
B2C No
Manufacturing No
Wholesale No
Importer No
Get Company Intelligence in API
(Price is 0.1 USD/Record - pay as you go)

 

Get Company Intelligence in API
(Price is 0.1 USD/Record - pay as you go)