Logistics

Convoy

Convoy raises $400M Series E at $3.8B valuation

$400M
Total Raised
Series E
Latest Round
2015
Founded
1500+
Employees
1501 4th Avenue, Seattle, WA 98101
1 min read

Quick Facts

Valuation
$3.8B
Latest Round Size
$400M
Latest Round Date
April 2024

Convoy: Series E Funding Round

Convoy has successfully raised $400M in Series E funding, reaching a valuation of $3.8B.

Company Overview

Digital freight network

Funding Details

The Series E round was led by Y Combinator, with participation from Greylock Partners, Cascade Investment, CapitalG, Baillie Gifford, T. Rowe Price, Fidelity.

Company Information

  • Headquarters: 1501 4th Avenue, Seattle, WA 98101
  • Founded: 2015
  • Employees: 1500+
  • Category: Logistics

Investment

Convoy plans to use the funds to accelerate product development, expand its team, and scale operations globally.

About the Investors

  • Y Combinator: Verified investor in Series E
  • Greylock Partners: Verified investor in Series E
  • Cascade Investment: Verified investor in Series E
  • CapitalG: Verified investor in Series E
  • Baillie Gifford: Verified investor in Series E
  • T. Rowe Price: Verified investor in Series E
  • Fidelity: Verified investor in Series E

Key Investors

Y Combinator
Lead Investor
Verified investor in Series E
Greylock Partners
Investor
Verified investor in Series E
Cascade Investment
Investor
Verified investor in Series E
CapitalG
Investor
Verified investor in Series E
Baillie Gifford
Investor
Verified investor in Series E
T. Rowe Price
Investor
Verified investor in Series E
Fidelity
Investor
Verified investor in Series E

About the Author

Editorial Team
Editorial Team
Curated funding news from verified sources