About

Founded

2015

Headquarters

Seattle, Washington

Industry

Mobility & Transportation

Company Description

Convoy is a digital freight network solving problems in the $800B trucking industry. We partner with the best trucking companies and shippers to move millions of truckloads, rethink freight fundamentals, and design innovative solutions that address supply chain inefficiencies.

Quick Links

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Funding

Total Raised

$1.1 billion

Valuation

$3.8 billion

Significant Investors

Baillie Gifford, T. Rowe Price, Y Combinator

Company Traction

As of June 2023, Convoy reported that its network has seen 16% fewer crashes than the industry, and 99.95% of loads get delivered without a cargo claim.

As of June 2023, Convoy has a nationwide network of 400,000 dry vans and reefer trucks.

Convoy customers include The Home Depot, Procter & Gamble, Unilever, Dollar Shave Club, Dollar General, Land O’Lakes, LG Electronics, and Anheuser-Busch.

As of April 2022, Convoy has leased 3,000 trailers and was on pace for $1 billion in revenue.

Leadership Team

Dan Lewis: Co-Founder & CEO of Convoy. Former GM of New Shopping Experiences at Amazon.

Dorothy Li: CTO at Convoy. Former VP and GM, BI and Analytics Services at AWS.

Grant Goodale: Co-Founder & Chief Experience Officer at Convoy. Former Software Development Manager at Amazon.

Mark Okerstrom: President & COO at Convoy. Former CEO at Expedia Group.

Ryan Gavin: Chief Growth Officer at Convoy. Former GM of Artificial Intelligence and Machine Learning Marketing at AWS.

Press

FreightWaves (June 26, 2023): Convoy reduces staff, co-founder comments on resignation

The Seattle Times (December 5, 2022): The Uber-ization of US trucking is only speeding up

TechCrunch (April 21, 2022): Convoy raises $260M Series E to expand digital freight network products

Convoy