A Bezos-backed trucking startup now valued at $2.75 billion just raised $400 million from Al Gore's fund to dominate the digital-freight market

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

Convoy raised $400 million for its freight brokerage and software solution. The Seattle-based trucking tech unicorn is now valued at $2.75 billion.

Convoy just raised $400 million for its freight brokerage and software solution. The Seattle-based trucking tech unicorn is now valued at $2.75 billion. Convoy was unable to share the details of that valuation. Trucking is an $800 billion industry, and one that tech giants like Uber and Oracle are rushing to disrupt. Sign up for Business Insider's transportation newsletter, Shifting Gears, to get more stories like this in your inbox. Visit Business Insider's homepage for more stories.

Convoy just raised $400 million for its freight brokerage and software solution. The Seattle-based trucking tech unicorn is now valued at $2.75 billion. Convoy was unable to share the details of that valuation. Trucking is an $800 billion industry, and one that tech giants like Uber and Oracle are rushing to disrupt. Sign up for Business Insider's transportation newsletter, Shifting Gears, to get more stories like this in your inbox. Visit Business Insider's homepage for more stories.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Balderton Capital: New $400 million fund for European tech startups - Business InsiderLondon headquartered Balderton Capital new fund will invest in Series A rounds in some of Europe's most exciting startups. Any one else read that as dicktrace and depoop?
Source: BusinessInsider - 🏆 729. / 51 Read more »