{"id":10204,"date":"2018-09-22T11:30:25","date_gmt":"2018-09-22T08:30:25","guid":{"rendered":"https:\/\/tirport.com\/digital-load-startup-convoy-received-185-million-usd-investment-1-billion-usd-valuation-reached\/"},"modified":"2023-02-21T19:56:45","modified_gmt":"2023-02-21T16:56:45","slug":"digital-load-startup-convoy-received-185-million-usd-investment-1-billion-usd-valuation-reached","status":"publish","type":"post","link":"https:\/\/tirport.com\/en\/digital-load-startup-convoy-received-185-million-usd-investment-1-billion-usd-valuation-reached\/","title":{"rendered":"Digital Freight Startup Convoy Reaches 1 Billion USD Valuation With 185 Million USD Investment"},"content":{"rendered":"\n<figure class=\"wp-block-image aligncenter\"><img decoding=\"async\" src=\"https:\/\/tirport.com\/wp-content\/uploads\/2018\/09\/Dijital-Yuk-Startup-i-Convoy-Aldigi-185-Milyon-USD-Yatirimla-1-Milyar-USD-lik-Degerlemeye-Ulasti.webp\" alt=\"Digital Freight Startup Convoy Reaches 1 Billion USD Valuation With 185 Million USD Investment\"\/><\/figure>\n\n<p class=\"wp-block-paragraph\">Digital freight startup <strong>Convoy<\/strong> has raised $185M in an investment round led by the investment arm of <strong>Alphabet Inc.<\/strong> , <strong>Google<\/strong> &#8216;s parent company. <strong>Google<\/strong> has given a big boost to the company, which is competing in an increasingly crowded space to reshape its logistics operations in the US.<\/p>\n\n<p class=\"wp-block-paragraph\">With this investment round led by <strong>CapitalG<\/strong> , <strong>Alphabet<\/strong> &#8216;s investment arm, one of the largest investments by technology-oriented freight transportation startups, <strong>Convoy<\/strong> increased its total investment amount to 265 million USD. <strong>Dan Lewis<\/strong> , chairman of the board of <strong>Convoy<\/strong> , announced that the valuation of the company exceeded 1 Billion USD.<\/p>\n\n<p class=\"wp-block-paragraph\">Seattle-based <strong>Convoy<\/strong> aims to adapt <strong>Uber<\/strong> &#8216;s technology-based innovations for on-demand passenger transportation to the logistics industry, like all other digital freight startups. These companies include Uber Freight, a branch of <strong>Uber<\/strong> <strong>, Transfix, Cargomatic Inc.<\/strong> and there are many technology-oriented companies such as <strong>Trucker Path<\/strong> .<\/p>\n\n<p class=\"wp-block-paragraph\"><strong>Source:<\/strong> <a href=\"https:\/\/www.wsj.com\/articles\/digital-freight-startup-convoy-raises-185-million-surpasses-1-billion-in-value-1537524002\" target=\"_blank\" rel=\"noopener\">WSJ<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Digital freight startup Convoy has raised $185M in an investment round led by the investment arm of Alphabet Inc. , Google &#8216;s parent company. Google has given a big boost to the company, which is competing in an increasingly crowded space to reshape its logistics operations in the US. With this investment round led by [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":6062,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_gspb_post_css":"","footnotes":""},"categories":[86],"tags":[],"class_list":["post-10204","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industry-news"],"blocksy_meta":{"styles_descriptor":{"styles":{"desktop":"","tablet":"","mobile":""},"google_fonts":[],"version":6}},"_links":{"self":[{"href":"https:\/\/tirport.com\/en\/wp-json\/wp\/v2\/posts\/10204","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tirport.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tirport.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tirport.com\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/tirport.com\/en\/wp-json\/wp\/v2\/comments?post=10204"}],"version-history":[{"count":0,"href":"https:\/\/tirport.com\/en\/wp-json\/wp\/v2\/posts\/10204\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tirport.com\/en\/wp-json\/wp\/v2\/media\/6062"}],"wp:attachment":[{"href":"https:\/\/tirport.com\/en\/wp-json\/wp\/v2\/media?parent=10204"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tirport.com\/en\/wp-json\/wp\/v2\/categories?post=10204"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tirport.com\/en\/wp-json\/wp\/v2\/tags?post=10204"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}