Convoy CEO Dan Lewis Seeks Deal to Preserve Team and Tech After Shutdown and 533 Layoffs
Convoy CEO Dan Lewis is working on a deal that may retain some of the company’s technology and team following the shutdown and layoffs of 533 employees amid a freight recession and poor investor interest. The Seattle startup, once valued at $3.8 billion and having raised $260 million, could not finalize a strategic deal and has ceased operations.
More: GeekWire
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GeekWire / Taylor Soper: Seattle Trucking Marketplace Convoy Pauses Shipments and Considers Sale Amid Market Recession
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