Convoy (company)

Convoy was an American trucking software company co-founded by CEO Dan Lewis and CTO Grant Goodale.

[5] They joined existing Convoy investors Greylock Partners (the VC fund of LinkedIn co-founder Reid Hoffman), Salesforce CEO Marc Benioff, Amazon founder Jeff Bezos via Bezos Expeditions, former Starbucks President Howard Behar, Code.org founders Hadi and Ali Partovi, and the founders & CEOs of eBay, Instagram, KKR, and Dropbox, among others.

[8] In 2019, Convoy raised $400 million, led by Generation Investment Management and T. Rowe Price at a $2.75 billion valuation.

[11] In a memo sent that day to employees, Lewis points to "a massive freight recession and a contraction in the capital markets" as major factors resulting in the company's failure.

[12] On 1st November 2023, supply chain company Flexport acquired Convoy's assets and retained a small group of employees for an undisclosed sum.