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

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.

South Africa South Africa Latest News, South Africa South Africa 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 »