Convoy
Logistics / FreightUSAClosed 2023
Total Raised
$1B
Peak Valuation
$3.80B
Employees
500
Year Collapsed
2023
Business model
Digital freight brokerage matching truckers with shippers via app.
In brief
A digital freight brokerage backed by Jeff Bezos and Bill Gates, matching truckers with shippers. A severe freight downturn combined with tightened venture funding left it unable to find a buyer, ceasing operations in October 2023.
See the What Happened tab for the full account.
Key facts
- Founded
- 2015
- Closed
- 2023
- Headquarters
- Seattle, USA
- Industry
- Logistics / Freight
- Employees
- 500
- Revenue
- Undisclosed
- Founders
- Dan Lewis, Grant Goodale
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Often compared with: Uber Freight, J.B. Hunt 360, Flexport.