Seattle Trucking Startup Convoy Hires Investment Bank to Explore M&A Amid Market Challenges

Seattle trucking startup Convoy has hired an investment bank to explore potential M&A options, including a sale, merger, or strategic investment, amid market challenges and multiple layoffs. Founded in 2015 and valued at $3.8 billion, Convoy aims to increase platform volume to reach profitability.

DDan Lewis GGrant Goodale CConvoy