Convoy

Convoy raised a total of $828 million across multiple rounds, beginning with a $2.5M seed round (2015), followed by major injections including $16M Series A, $62M Series B, $185M Series C, and a massive $400M Series D. Additional funding included a $160M Series E, $250M debt financing, $100M venture debt, a $15M venture round, and grants plus secondary transactions. Backed by CapitalG, T. Rowe Price, Baillie Gifford, Y Combinator, and JP Morgan, Convoy achieved a $3.8B valuation before being acquired. Its funding history positioned it among the most well-capitalized players in digital freight.