Convoy
Flexport CEO Ryan Petersen made it clear that while he was keen on buying Convoy because of the “incredible tech stack” it built, he wasn’t buying its strategy.
Supply chain logistics platform Flexport is acquiring the assets of shuttered digital freight network Convoy, according to a memo Flexport CEO Ryan Petersen sent to staff Wednesday. Flexport will restore…
Tesla ‘digs its own grave with the Cybertruck,’ Convoy collapses and Rivian scores a win at Rebelle
Welcome back to The Station, your central hub for all past, present and future means of moving people and packages from Point A to Point B.
Convoy, the Seattle-based digital freight network that connects truckers with shippers, is shuttering its Atlanta office and laying off workers as part of a restructuring. This is the third time…
Technological innovation has caused a rise in e-commerce that is crying out for more truck drivers to deliver our smartphones and Pelotons and pineapples. But the trucking industry, the backbone…
Hear how to accelerate slow-moving industries on TechCrunch Live
Dan Lewis launched Convoy in 2015 into an established industry dominated by several legacy businesses. Now worth $3.8 billion, the company is a leader in bringing digital services to trucking…
The next wave of supply-chain innovation will be driven by startups that help incumbents win
For years, the narrative for innovation in supply chain has focused on the disruptors. Less heralded has been the next wave these disruptors often catalyze: Digital enablers.
The Station: EV SPACs face new regulatory speed bump, more on Rivian’s reorg and VW weighs direct sales for Scout brand
Welcome back to The Station, your weekly guide to everything going on in the world of transportation. Many readers of this weekly newsletter are likely enjoying a three-day weekend thanks…
Featured Article
Why Convoy’s Dan Lewis expects digital freight to go mainstream within the year
“I guess I’m glad that our plan was not to go public right now. I think it’s a good thing for our business eventually to fully realize the potential of the company.”
Convoy, a digital freight network that connects shippers with carriers, has raised $260 million in fresh funding to scale up initiatives that will push the trucking tech industry into new…
When I first met Garrett Camp in March 2007 on a reporting assignment, it was at the San Francisco-based offices of StumbleUpon, a web-discovery tool that had registered more than…
Digital freight marketplace BridgeLinx raises $10 million in Pakistan’s largest seed funding
BridgeLinx, a 9-month-old Lahore-headquartered startup that operates a digital freight marketplace, said on Tuesday it has raised $10 million in what is the largest seed financing round in Pakistan. Harry…
Loadsmart raises $90 million to further consolidate its one-stop freight and logistics platform
Leading on-demand digital freight platform Loadsmart has raised a $90 million Series C funding round, led by funds under management by BlackRock and co-led by Chromo Invest. The funding will…
Greylock’s Reid Hoffman and Sarah Guo to talk fundraising at Early Stage SF 2020
Early Stage SF is around the corner, on April 28 in San Francisco, and we are more than excited for this brand new event. The intimate gathering of founders, VCs,…
Companies in Seattle raised a record $3.5B in VC funding this year.
Convoy, the digital freight network that connects truckers with shippers, has raised $400 million in a Series D funding round as it aims to scale its business amid an increasingly…
Roughly two years ago, as the gig-economy company TaskRabbit was nearing its eventual sale to Ikea, its founder, Leah Busque, headed into the venture world. More specifically, she joined Fuel…
The shipping and logistics space is being rapidly transformed by technology — so it’s no surprise that this is a space ripe for significant disruption.
Social e-commerce startup Goxip raised $5 million in January, and now the Hong Kong-based business has brought in more cash with a strategic $1.4 million investment from financial services company…
CapitalG, the growth equity arm of Alphabet, has led the $185 million round in Convoy, its first investment in the Seattle-based, tech-enabled trucking network. The round brings Convoy’s total raised…
For Convoy, a meet-and-greet hosted earlier this year by two prominent investment firms has resulted in one of the bigger Series B fundings of 2017. As Convoy cofounder and CEO…
Dan Lewis wasn’t convinced that a startup that connects small trucking companies to people who need shipments was going to work. But he went door to door in a warehouse…
