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

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

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!

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