Convoy Raises $16M in Series A

What does Convoy do?

Convoy, is a rapidly growing on-demand service for local and regional trucking. The company used latest technology for connecting with shippers with the nearby carriers and instantly books jobs. This company is reinventing trucking industry with an on demand service for regional and local shipments. The company helps in booking jobs instantly without over pricing and even on short notice. With this company, it is as easy to create shipments as it is to order things from Amazon. It provides local and regional trucking on demand through which companies can save money, time and hassle. It provides instant access to carries to move everything from a single pallet to a truckload full of stuff.

How much Convoy was funded?

Convoy raised$16M in Series A on March 23, 2016 from Mike Gamson, Kevin Systrom, Gary R. Chartrand, Omidyar Technology Ventures, Jeffrey Wilke and Greylock Partners.

Previous funding

• $2.5M on October 26, 2015 from Omidyar Technology Ventures, Farzad (Zod) Nazem, Noosheen Hashemi, Grant Ries, Michael Dougherty,Nicolas Berggruen, Charlie Songhurst, Henry Kravis,  Allen & Company, Ali Partovi, Dara Khosrowshahi,  Hadi Partovi, Hooman Radfar, Howard Behar,  Fuel Capital, Marc Benioff,Bezos Expeditions, Adrian Aoun and Drew Houston.

What is next for Convoy?

The company plans to use the latest funding raised for accelerating its technology development and for expanding its footprint into additional regions.  Hadi Partovi, the co-founder of Code.org and Simon Rothman and Reid Hoffman of Greylock Partners have joined the company’s Board of Directors.

More about Convoy

The company was founded by Daniel Lewis and Grant Goodale. It has its headquarters in Seattle, Washington. This is a rapidly growing on demand service for the local and regional trucking. The company is serving tremendous need for the trucking industry. It is transforming the trucking industry and raising the expectations of shippers and carriers alike.