| Founded | 2015 |
|---|---|
| Closed | 2023 |
| Country | USA |
| Sector | Logistics |
| Total raised | $930M total (Amazon, T. Rowe Price, SoftBank) |
| Collapse type | Sudden Collapse |
| Founder | Dan Lewis |
Convoy
"The digital freight brokerage that raised $930M to disrupt trucking — shut down when the post-COVID freight market collapsed overnight"
Unexpected shutdown within weeks of a trigger
Key Events Timeline
Convoy built a digital freight brokerage connecting shippers with carriers via algorithm, promising to eliminate the fragmented, phone-based traditional freight broker market.
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