Convoy

Convoy is a Seattle-based digital freight network startup operating in the logistics, transportation, and technology sectors, recognized...

Facts

HQ
Seattle
Sectors
Logistics, Transportation, SaaS
Type
Corporation Seattle business license
Registered name
Convoy Inc Seattle business license
Stage
startup
Total raised
$479.6M SEC Form D filings Total of this company's SEC Form D filings
Last round
$302.2M · Oct 2019 SEC Form D

Zenoti raises $80M extension from TPG Capital, total funding $330M and valuation near $1.5B after December Series D

Zenoti raised an $80 million extension to its December Series D led by TPG Capital, bringing total funding to $330 million and valuing the company near $1.5 billion; the enterprise software serves over 12,000 spas, salons and wellness businesses across 50 countries. The company, founded by Sudheer and Dheeraj Koneru, charges per-store subscriptions, has a growing payments arm, saw revenue double in 2020, expects 120% growth in 2021, and plans expansion into pet grooming and fitness.

Uber Freight raises $500M led by Greenbriar, valuing the unit at $3.3B

Uber Freight raised $500 million in a funding round led by Greenbriar that values the trucking logistics unit at $3.3 billion, and the business reported $211 million in adjusted net revenue for Uber’s most recent quarter with a $49 million quarterly loss. The unit operates a digital freight marketplace with about 65,000 carriers and competes with startups like Convoy, which recently raised $400 million at a $2.7 billion valuation.

Cloud Paper raises $3M seed led by Greycroft with Mark Cuban, Gwyneth Paltrow, Ashton Kutcher and Guy Oseary investing

Seattle startup Cloud Paper, which makes tree-free bamboo toilet paper shipped direct to consumers, raised $3 million in a seed round led by Greycroft and backed by investors including Mark Cuban, Gwyneth Paltrow, Ashton Kutcher and Guy Oseary. The year-and-a-half-old company says signups jumped 800% amid the pandemic and highlights sustainability claims such as plastic-free packaging and over 1 million pounds of carbon saved or offset.

Former AWS, Dropbox, Facebook, Convoy Leaders — Linda Lian, Tom Kleinpeter, Francis Luu, Viraj Mody — Launch Stealth Seattle Startup to Build Digital Community Tools

Four former Seattle tech leaders — Linda Lian, Tom Kleinpeter, Francis Luu, and Viraj Mody — have quietly formed a new startup building tools to help users create digital communities, according to a recent tweet by Lian. The team brings experience from Amazon Web Services, Dropbox, Facebook, Convoy and Madrona Venture Group; Lian declined to provide further details.

Amazon's ambitious health band; 4-day work week; Convoy hires ex-Expedia CEO

Here’s what we’re talking about on the GeekWire Podcast this week. Amazon surprised everyone by unveiling a new health band, the Halo, this week. The device will not only track your steps but also measure your body fat and even analyze your voice to assess your degree of “energy and positivity." But will it protect your private health info from prying eyes? Seattle startup Volt has taken the pandemic-inspired work-from-home plan to a new level by going to a four-day work week. Are Volt employees as productive as they were when they worked five days a week? And what do…

GeekWire Awards 2020 Goes Virtual; Ally Wins Startup of the Year as Bill Gates and Celebrities Celebrate

GeekWire held a virtual GeekWire Awards livestream honoring top Pacific Northwest tech companies and leaders across 12 categories, with winners accepting via Zoom and special video messages from figures like Bill Gates. Seattle startup Ally won Startup of the Year, and the event included entertainment such as The Drunken Tenorperforming an "Opera di Zoom."

Seattle rises three spots to crack Startup Genome’s global top 10, backed by $3.59B in 2019 VC funding

Seattle climbed three places into Startup Genome’s global top 10 startup ecosystems, driven by strengths in AI, big data, analytics, life sciences and a strong startup genealogy from Microsoft, Amazon and the University of Washington. Venture funding reached a Seattle-area record of $3.59 billion in 2019, and the city ranks highly on performance, funding, market reach, talent, connectedness, knowledge and infrastructure.

Convoy leans on technology to navigate COVID-19 surge after $400M raise at $2.7B valuation

Seattle digital freight startup Convoy experienced record activity on its network as COVID-19 increased demand for essentials, and CEO Dan Lewis says the company’s efficiency-focused technology helps it navigate a volatile, recessionary period. Convoy remains a Seattle unicorn after raising $400 million at a $2.7 billion valuation in September and continues serving major shippers like Anheuser-Busch, Home Depot, and Procter & Gamble.

Week in Geek: The Uber of dating

Tired of the dating scene? Exclusive dating app League is hoping so, and it’s bringing its Uber of dating to Seattle. Plus, a ride-along with Seattle Police as they enforce the new Washington state distracted driving law and what truck drivers think of startup Convoy and the emergence of automated vehicles. Follow all our coverage and read the stories we talked about this week at GeekWire.com Thank you to this week's sponsors: The University of Washington's Human Centered Design and Engineering department. Learn more: www.hcde.washington.edu. And Hughes Marino, the commercial real estate company now expanding to Seattle. Learn more: hughesmarino.com…

People

  • Grant Goodale
    Grant Goodale Executive, Chief Experience Officer (stepped Down), Executive Officer, Director

Online