Convoy
Facts
- HQ
- Seattle
- Sectors
- Logistics, Transportation, SaaS
- Founded
- 2015 Seattle business license
- 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
WTIA launches 2026 Washington Tech Universe Map detailing 625 companies and founder lineages — first update since 2015
The Washington Technology Industry Association (WTIA) released the 2026 Washington Tech Universe Map on July 27, 2026 — the first update since 2015 — visualizing 625 notable Washington tech companies and the founder lineages linking Microsoft, Amazon, the University of Washington, and new hubs. The wall-sized map organizes companies by founder origin to highlight how major organizations act as launchpads for successive generations of local tech founders.
Zoom Acquires Seattle AI Startup Common Room to Enhance Sales Signal Tracking in Zoom Revenue Accelerator
Zoom has acquired Seattle-based startup Common Room, which developed an AI-powered platform for sales and marketing teams to track buyer signals, in a move to enhance its Zoom Revenue Accelerator platform with deeper buyer intelligence. Common Room, founded in 2020, had raised $52 million in funding and was named Startup of the Year at the 2022 GeekWire Awards.
Former Convoy CEO Dan Lewis Launches Stealth Startup Focused on AI Infrastructure and Supply Chain Intelligence
Dan Lewis, former CEO of Convoy, has launched a stealth startup aimed at developing AI infrastructure and enhancing supply chain intelligence.
Convoy Co-founder Dan Lewis Shares Startup Culture and Leadership Lessons at 2026 Seattle AI Summit
Dan Lewis, Convoy co-founder and Microsoft VP, shared lessons from building the now-shuttered unicorn startup at the 2026 Seattle AI Startup Summit, emphasizing deliberate culture shaping, codifying values based on proven practices, and ensuring employees understand the 'why' behind decisions. His insights aim to help entrepreneurs create strong startups by fostering ownership and intentional culture design.
Seattle Startup Radar Highlights AI-Driven Ventures Like The Carry’s $299 Fitness Vest and Color42’s Music Video AI with 1,000 Users
Several Seattle-area startups led by founders such as Esther Sedgwick of The Carry and Prince Bajracharya of Color42 are leveraging AI across diverse sectors including fitness, music marketing, and autonomous debugging. These companies are at early stages with products launching this year and are receiving feedback from a GPT-powered critic called 'Mean VC' to refine their market strategies.
Logic raises $4.3M seed round and launches GA no-code automation platform
Logic, a Seattle business automation company founded in 2024, raised $4.3 million in a Seed round and launched the general availability of its no-code automation platform after a year-long beta. The funding, from investors including Founders’ Co-op, Audacious, Neo (Ali Partovi), Brex executives, and Convoy co-founder Dan Lewis, will be used to expand product capabilities, grow adoption, and strengthen engineering and go-to-market teams.
GoodShip Raises $25 Million and Opens First Bellevue Office Following 10x Revenue Growth in 2024
GoodShip, a logistics software startup founded in 2022, raised $25 million to open its first office in Bellevue, Washington, after growing its annual recurring revenue tenfold in 2024. The company serves notable clients like Kellanova and Tropicana and is backed by investors including Greenfield Partners and Bessemer Venture Partners.
Flexport Sells Convoy Technology to DAT Freight & Analytics for Approximately $250 Million in 2024
Flexport announced it is selling Convoy's freight marketplace technology to DAT Freight & Analytics for around $250 million, after acquiring Convoy in 2022 following its shutdown. DAT, part of Roper Technologies, will operate the marketplace, expanding its freight-matching network in North America.
DAT Freight & Analytics Acquires Seattle Fintech Startup Outgo to Expand Freight Carrier Finance Services
DAT Freight & Analytics acquired Seattle fintech startup Outgo, which provides banking services and finance software to freight carriers, allowing it to enhance cash flow solutions for trucking businesses. Outgo will continue to operate in Seattle and its CEO, Marcus Womack, will join DAT's executive team.
Convoy Co-Founder Grant Goodale Joins Ryder as Chief Product and Technology Officer
Grant Goodale, co-founder and former CTO of Convoy, has joined Ryder as chief product and technology officer, marking his return to the trucking industry. Additionally, Seattle startups Shipium and Graham & Walker announced key leadership hires with Geoff Tamman named CFO and Ryan Hughes as chief of staff, respectively.
Seattle Startup Gable Raises $20M Series A Led by Crane Venture Partners to Coordinate Data Changes Across Teams
Seattle startup Gable raised $20 million in a Series A round led by Crane Venture Partners to help companies coordinate data changes and ensure data quality across teams. Founded by ex-Convoy data leaders, Gable serves clients like Glassdoor and Grab and has raised $27 million total.
Convoy Co-Founder Dan Lewis Joins Microsoft as Chief Product Officer for Enterprise AI Solutions
Dan Lewis, former Convoy CEO, has joined Microsoft as chief product officer for Business & Industry solutions and Copilot AI, focusing on enterprise AI initiatives. Lewis returns to Microsoft after leading Convoy to a $3.8 billion valuation before its 2023 shutdown.
Seattle Engineers Steve Krenzel and Jess Garms Raise $4.3M for Logic, an AI Startup Automating Business Processes via Document-Driven APIs
Seattle engineers Steve Krenzel and Jess Garms founded Logic, raising $4.3 million to develop AI-powered automation that transforms business workflow documents into APIs. Their startup aims to simplify enterprise automation using large language models for various industries including e-commerce and logistics.
Seattle Startup Outgo Raises $15M and Secures $50M Credit Facility to Speed Cash Access for Trucking Carriers
Outgo, a Seattle-based startup providing banking services to trucking carriers, raised $15 million in a previously undisclosed funding round alongside a $50 million credit facility. The company offers finance software helping carriers access cash within hours and manages invoice processing with lower fees than traditional factoring companies.
Seattle Startup Gable Raises New Funding to Enhance Developer and Data Team Collaboration Amid AI Boom
Seattle startup Gable, which helps developers and data analysts collaborate by providing real-time data change visibility, is raising a new funding round to support growth amid increasing demand driven by AI and data quality needs. Founded last year, Gable has 19 employees, paying customers, and previously raised a $7 million seed round led by Zetta Venture Partners, Crane Venture Capital, and Essence Venture Capital.
YC Graduate Manifold Freight Raises $1.9M to Aggregate Spot Freight in Trucking Logistics
Manifold Freight, a Seattle-based startup founded by ex-Convoy engineers, raised $1.9 million in seed funding to develop trucking logistics software focused on aggregating spot freight opportunities. The funding round was led by New Stack and Y Combinator, from which Manifold recently graduated.
2024 GeekWire Awards on May 9 in Seattle to Honor Over 50 Pacific Northwest Tech Innovators
The 2024 GeekWire Awards event will be held on May 9 in Seattle to honor top innovators and leaders in tech from the Pacific Northwest, with over 50 finalists across multiple categories. Tickets are limited and the ceremony features awards, a dinner, and entertainment.
Tola Capital co-founder Sheila Gulati raises $230 million third fund, firm totals $688 million in capital
Seattle venture capital firm Tola Capital, co-founded by Sheila Gulati, raised a $230 million third fund in November and has already made multiple investments, bringing the firm's total capital raised to $688 million. Gulati, whose early exposure to tech influenced her career, runs the AI-focused firm that has backed companies like Simpplr and B12.
Former Convoy Engineers Launch Manifold Freight Startup to Build Spot Freight Marketplace in Seattle
Andrew Huff and Oliver Jones, former Convoy engineering leaders, launched Manifold Freight, a Seattle startup in Y Combinator focused on creating a spot freight marketplace that helps carriers find shipments without taking load risks. Manifold aims to reduce reliance on brokers and load boards that take high fees by charging carriers a usage fee based on fleet size.
Flexe Cuts 38% of Workforce, Laying Off 99 Employees Amid Market Challenges Despite $119M Series D Funding
Seattle-based warehousing and logistics startup Flexe cut 38% of its workforce, affecting 99 employees amid market challenges despite a $119 million Series D funding round. The layoffs reflect broader difficulties in the startup sector following pandemic-driven growth.
Flexport Acquires Convoy’s Technology and CEO Dan Lewis After Convoy’s Sudden Shutdown
Freight company Flexport acquired Convoy's technology and some employees, including CEO Dan Lewis, after Convoy abruptly shut down, citing a modest purchase price. Convoy, once valued at $3.8 billion, collapsed due to market challenges and exhausted strategic options despite significant funding.
Convoy Faces Class Action Lawsuit for WARN Act Violations Following Abrupt Layoff of 533 Employees
Trucking startup Convoy faces a proposed class action lawsuit alleging violation of the WARN Act by laying off 533 employees without 60 days' advance notice or severance after its abrupt shutdown. The lawsuit seeks 60 days of wages and benefits for affected workers.
Seattle Trucking Marketplace Convoy Pauses Shipments and Considers Sale Amid Market Recession
Seattle-based trucking startup Convoy has paused shipments and is reportedly winding down operations amid a freight market recession and financial struggles, with layoffs and potential sale talks ongoing. The company, valued at $3.8 billion last year, faces stiff competition and market headwinds, and plans to share more details on its transition later this week.
Flexport Cuts 165 Jobs at Bellevue Office Amid 20% Company-Wide Layoffs to Restructure for Profitability
Logistics company Flexport is laying off 165 employees from its Bellevue office as part of a broader 20% company-wide workforce reduction announced last week, aiming to restructure for profitability. The Bellevue office remains operational and important for technology and product development despite recent leadership changes and past layoffs.
Outreach Cuts 12% of Staff Amid Economic Pressures, Aiming for 2024 Profitability
Seattle-based sales software startup Outreach laid off 12% of its staff amid shifting economic conditions and ongoing cost-cutting efforts, aiming for profitability next year. This follows previous layoffs of 5% in August 2022, 7% in February 2023, and another 5% last month, with some business functions being offshored to Mexico City and India.
People
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Grant Goodale Executive, Chief Experience Officer (stepped Down), Executive Officer, Director
