Convoy was founded in 2015 by Grant Goodale and Dan Lewis. Convoy has not officially endorsed a plan to participate in an IPO.

Convoy is a digital freight operator that utilizes machine learning to streamline the shipment process for carriers. Per Forge data, Convoy raised $1.1 billion in funding over 10 rounds. Their latest funding was raised on Apr 21, 2022. Key investors include CapitalG, Greylock, Generation Investment Management, JP Morgan, and T. Rowe Price.

These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.

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Learn More About Convoy

To invest in Convoy pre-IPO

Can you invest in Convoy pre-IPO?

You can no longer invest in Convoy with Forge. But if you are an accredited investor interested in buying pre-IPO shares of a private company, you can learn more about how to invest in the private market or register today to get started.

Can you sell shares of Convoy before it goes public?

You can no longer sell shares of Convoy on Forge as this company is no longer private. However, if you own shares of a private company, Forge may be able to help you sell them in a way that works for you and the company. Learn more or register with us today to get started.

What is the pre-IPO value of my Convoy shares?

Forge can no longer determine the value of Convoy shares as this company is no longer private. However, if you own shares of a private company, Forge may help you value and sell them in a way that works for you and the company. Learn more or register with us today to get started.

Is Convoy a publicly traded company?

Convoy became a public company following its M&A on 11/01/2023 and is now a publicly traded company.

To learn more about Convoy potential IPO

Will Convoy go IPO?

Convoy became a public company following its M&A on 11/01/2023.

What is Convoy’s IPO price?

The IPO price of Convoy is not currently available.

When was Convoy founded?

Convoy was founded in 2015.

What is Convoy funding to date?

Convoy has raised $859.52MM to date.

Who are Convoy’s major investors?

Y Combinator
Red Sea Ventures
Global Tech Ventures
Park West
Reid Hoffman
Durable Capital Partners
Lone Pine Capital
Generation Investment Management
Greylock Partners
William Gates
Mosaic Ventures
Andra Capital
Marc Benioff
Bezos Expeditions
Baillie Gifford
T. Rowe Price
Allen & Company
Triplepoint Venture Growth
Fidelity Management & Research
Fidelity Management
G Squared
Capitalg
Cascade Investment
Jeffrey Bezos
Omidyar Technology Ventures
Greylock
Advisors.Fund

Convoy Funding Rounds and Valuation

Funding History Chart
Funding Round Details
Funding Date Share Class Amount Raised Price per Share Post-Money Valuation Key Investors
04/21/2022 Series E $160MM $xx.xx $3.8B Baillie Gifford, Park West, T. Rowe Price
Price per Share
$xx.xx
Shares Outstanding
9,698,204
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Baillie Gifford, Park West, T. Rowe Price
11/13/2019 Series D-1 $30MM $xx.xx $2.83B Baillie Gifford, Capitalg, Durable Capital Partners, Fidelity Management, Generation Investment Management, Lone Pine Capital, T. Rowe Price
Price per Share
$xx.xx
Shares Outstanding
2,215,657
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Baillie Gifford, Capitalg, Durable Capital Partners, Fidelity Management, Generation Investment Management, Lone Pine Capital, T. Rowe Price
11/13/2019 Series D $388.76MM $xx.xx $2.83B Baillie Gifford, Capitalg, Durable Capital Partners, Fidelity Management, Generation Investment Management, Lone Pine Capital, T. Rowe Price
Price per Share
$xx.xx
Shares Outstanding
28,711,644
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Baillie Gifford, Capitalg, Durable Capital Partners, Fidelity Management, Generation Investment Management, Lone Pine Capital, T. Rowe Price
09/28/2018 Series C $196.09MM $xx.xx $1.08B Advisors.Fund, Capitalg, Greylock, Lone Pine Capital, Triplepoint Venture Growth, T. Rowe Price, Y Combinator
Price per Share
$xx.xx
Shares Outstanding
27,616,400
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Advisors.Fund, Capitalg, Greylock, Lone Pine Capital, Triplepoint Venture Growth, T. Rowe Price, Y Combinator
07/25/2017 Series B $66.02MM $xx.xx $357.16MM Bezos Expeditions, Cascade Investment, Greylock Partners, Marc Benioff, Mosaic Ventures, William Gates, Y Combinator
Price per Share
$xx.xx
Shares Outstanding
21,594,216
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Bezos Expeditions, Cascade Investment, Greylock Partners, Marc Benioff, Mosaic Ventures, William Gates, Y Combinator
03/22/2016 Series A $18.65MM $xx.xx $53.27MM Allen & Company, Bezos Expeditions, Greylock Partners, Jeffrey Bezos, Marc Benioff, Omidyar Technology Ventures, Red Sea Ventures, Reid Hoffman
Price per Share
$xx.xx
Shares Outstanding
30,971,840
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Allen & Company, Bezos Expeditions, Greylock Partners, Jeffrey Bezos, Marc Benioff, Omidyar Technology Ventures, Red Sea Ventures, Reid Hoffman
Updated on: Dec 3, 2024

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