Trucking company backed by Bono and the Edge valued at $3.8bn | Business Post

Bono and the Edge were early investors in Convoy, the on-demand US trucking company. Other investors include Bill Gates and Jeff Bezos

Convoy, an on-demand trucking company backed by Bono and the Edge, has raised an additional $260 million at a $3.8 billion valuation. Headquartered in Seattle, Convoy is a provider of on-demand shipment services designed to connect trucking companies with freight shippers. The company’s platform uses machine learning to connect a network of more that 400,000 trucks in the US to move goods more efficiently.Subscribe from just €1 for the first month!

Canada Canada Latest News, Canada Canada Headlines

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

Former directors of Carbon Collect in legal battle for control of company | Business PostThe company aims to produce forests of ‘trees’ that would be many times more efficient at removing CO2 than living trees
Source: businessposthq - 🏆 8. / 71 Read more »

Elon Musk meets Twitter executives as company considers deal | Business PostSocial media giant now ‘more open’ to discussing billionaire’s takeover offer
Source: businessposthq - 🏆 8. / 71 Read more »

The Big Interview: ‘Some people may deny it, but in entrepreneurship luck features in everyone’s journey’ – Dan Kiely, investor and founder of Voxpro | Business PostAfter selling Voxpro, the company he founded with his wife Linda, the entrepreneur is now backing start-ups and is developing a philanthropic foundation No shit Dan
Source: businessposthq - 🏆 8. / 71 Read more »