2016 · Series A
Would you have funded Convoy?
Uber for trucking
Two former Amazon managers run an app that matches shippers with truckers automatically, replacing phone-based freight brokers.
- Raised $80 million by 2017
- Cyclical freight market
Show what happened
💥 Bust
Convoy It was valued at $1 billion in 2018, then shut down in November 2023; Flexport took its assets.
Top venture firms invested.
Sources: Convoy (company) (Wikipedia)