When was Convoy founded?

Convoy was founded in 2015 and raised its 1st funding round within a year of its incorporation.

Where is Convoy located?

Convoy is headquartered in Seattle, United States.

Who is the current CEO of Convoy?

Dan Lewis of Convoy. They are also angel investors in 8 startups, including .

How many employees does Convoy have?

As of Mar 31, 2026, the latest employee count at Convoy is 381.

Is Convoy a funded company?

Convoy is a funded company, having raised a total of $828M across 9 funding rounds to date. The company's 1st funding round was a $2.5M Seed round, raised on Oct 26, 2015.

How much is Convoy worth?

The last known valuation of Convoy was $3.8B as of Apr 21, 2022.

When was the latest funding round of Convoy?

Convoy's latest funding was a $100M Venture Debt round on Mar 2022, with participation from 1 investor.

Is Convoy a Logistics Tech company?

The primary sector of Convoy is Logistics Tech.

Where does Convoy rank among its competitors?

Convoy ranks 1st amongst 219 active competitors, of which 41 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was Flock Freight, which secured $60M in May, 2025.

Who are the top competitors of Convoy?

Convoy's top competitors include Uber Freight, CloudTrucks and uShip. Among them, Flock Freight secured the most recent funding round in May, 2025.

Convoy - 2026 Company Profile, Team, Funding & Competitors

Sectors and market segments that Convoy operate in

Convoy serves in the Transportation and Logistics Tech market segments.The primary business model of Convoy is:

Transportation and Logistics Tech > Logistics Tech > ***** **** > ***** ******

Company Details

Digital freight network platform for the trucking industry. The platform connects truckers to on-demand freight services. Its features include instant quotations and online booking, automated loading suggestions, bidding, online payments, fuel cards, viewing of shippers, and facility details on loads. It also offers transportation management software for managing freight processes, a GPS tracking system, a quoting system, and more.

Website: convoy.com
Social
Email ID: *****@convoy.com
Phone Number: +1 **********

Key Metrics

Founded Year

2015

Location

Seattle, United States

Stage

Acquired

Total Funding

$828M in 9 rounds

Latest Funding Round

Venture Debt, Mar 2022, $100M

Last Known Valuation

$3.8B as on Apr 21, 2022

Investors

T. Rowe Price & 55 more

Ranked

1^st among 219 active competitors

Employee Count

381 as on Mar 31, 2026

Investment & Acquisitions

GoodShip

Similar Companies

BlackBuck & 1029 more

Exit Details

Acquired by DAT Solutions (Jul 28, 2025)

View Convoy's full profile

Convoy is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Convoy, Inc CIN: 340669381473571000 , Belgium, Active	Mar 29, 2015	-	909 (As on Dec 31, 2022)	-

Convoy got acquired by DAT Solutions on Jul 28, 2025.

Click here to take a look at Convoy's acquisition in detail

Convoy has raised a total funding of $828M over 9 rounds. Its first funding round was on Oct 26, 2015. Its latest funding round was a Venture Debt round on Mar 2022 for $100M. 1 investor participated in its latest round. Convoy has 38 institutional investors and 18 angel investors.

Here is the list of recent funding rounds of Convoy:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 2022	$100M	Venture Debt	-	-	-	Hercules Capital
Dec 2021	$150M	Conventional Debt	-	-	-	JPMorgan Chase
Dec 2021	$160M	Series E	$3.8B	-	Baillie Gifford, T. Rowe Price	Park West Asset Management

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View details of Convoy's funding rounds and investors

The founders of Convoy is Dan Lewis.

Here are the details of Convoy's key team members:

Dan Lewis: CEO & Co-Founder of Convoy. They are also an angel investor in 8 startups.

View details of Convoy's Founder profiles and Board Members

Convoy's employee count trend

Convoy has 381 employees as of Mar 26. Here is Convoy's employee count trend over the years:

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Top competitors of Convoy include Uber Freight, CloudTrucks and uShip. Here is the list of Top 10 competitors of Convoy, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Convoy 2015, Seattle (United States), Acquired	Digital freight network platform for the trucking industry	$828M	TriplePoint Capital, Harmony Venture Partners ... & 54 others	73/100
2nd	Uber Freight 2017, San Francisco (United States), Series B	Provider of end-to-end logistics and transportation management system solutions	$2.78B	Greenbriar Equity Group, Rotating Boulder Fund ... & 5 others	73/100
3rd	CloudTrucks 2019, San Francisco (United States), Series B	Provider of web-based payment management solutions for the transportation industry	$142M	Menlo Ventures, Tiger Global Management & 11 others	70/100
4th	uShip 2003, Austin (United States), Series D	Online marketplace connecting customers with carriers for large item transport	$54.4M	Benchmark, Kleiner Perkins & 4 others	68/100
5th	Transfix 2012, New York City (United States), Series F	Provider of freight technology solutions for brokers and third-party logistics	$125M	New Enterprise Associates, G Squared & 13 others	68/100
6th	Loadsmart 2014, New York City (United States), Series D	Online marketplace for booking trucking services	$384M	Maersk Growth, Chromo Invest & 21 others	67/100
7th	Echo Global Logistics 2005, Chicago (United States), Acquired	Supply chain management serivces for enterprises	$17.3M	New Enterprise Associates, Z47 & 3 others	66/100
8th	Trucker Path 2013, San Francisco (United States), Acquired	Freight marketplace and assistance app for truckers	$21.5M	Renren, SVB & 1 others	66/100
9th	Truckstop.com 1995, New Plymouth (United States), Acquired	Online load board integrated with freight management functionalities	-	Bregal Sagemount, Europa	64/100
10th	Flock Freight 2015, Encinitas (United States), Series E	Online marketplace to book shared trucking services	$460M	SoftBank Vision Fund, SignalFire & 12 others	64/100