Convoy CEO Dan Lewis Discloses Near-M&A Deals Before Trucking Startup's Shutdown Amid Freight Recession

Convoy CEO Dan Lewis revealed on LinkedIn that the company reached advanced stages of two potential M&A deals before shutting down amid a prolonged freight recession and declined investor interest. The Seattle-based trucking startup, which had about 500 employees before the shutdown, had raised $260 million at a $3.8 billion valuation 18 months earlier.

DDan Lewis