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Logistics

Convoy

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

1501 4th Avenue, Seattle, WA 98101April 17, 20241 min read
Total Raised
$400M
Valuation
$3.8B
Latest Round
Series E
Employees
1500+

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

Company Info

Headquarters
1501 4th Avenue, Seattle, WA 98101
Founded
2015
Team Size
1500+
Last Round
$400M(Apr 2024)

Investors (7)

Y
Y CombinatorLead
Lead Investor
Verified investor in Series E
G
Greylock Partners
Investor
Verified investor in Series E
C
Cascade Investment
Investor
Verified investor in Series E
C
CapitalG
Investor
Verified investor in Series E
B
Baillie Gifford
Investor
Verified investor in Series E
T
T. Rowe Price
Investor
Verified investor in Series E
F
Fidelity
Investor
Verified investor in Series E

Topics

verified(3079)real-funding(3079)convoylogisticsseries-e1501-4th-avenue

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