There are a few businesses that are unknown to common people. But those business plays an important role to make our life easier. Either directly or indirectly, as Convoy does. To form the connection between shippers and carriers Convoy plays an important role. It is set up in 2015 to build the technology that minimizes the waste in the Freight industry. Presently, it acquired the top investors including T. Rowe Price associates and Generation Investment Management. As well, Y Combinator, Lone Pine Capital, Capital G, and Bezos Expeditions believe Convoy and dream to build a more sustainable future with the help of Convoy. The duo of Dan and Goodale are masterminds behind Convoy’s success.
About Convoy
As said earlier, Convoy is established in 2015. However, just in two years, it raised the Series B funding of 62 million dollars. Also, grabbed the chance to get Continuity Fund from Y combinator. The founders of big firms like Amazon, Starbucks, Hadi, and several other firms have invested in Convoy. Moreover, the founders of Instagram, eBay, and Dropbox also interested to invest in Convoy.
It raised 180+ million dollars investment from CapitalG in 2018. Furthermore, Convoy attracted an investment of 400 million dollars from Generation investment Management in 2019. With this, it valued 2.75 billion dollars firm in the world.
The Backstory of foundation
Convoy’s journey gets started in early 2015. Grant and Dan both were the researchers in the supply chain. That time, they both were at Amazon. However, the actual journey to start Convoy began when Dan visited warehouses and truck stops. They came to know about the fears, uncertainty, and the frustration of truckers. Researching for two to three months, they set up the firm as a local star up. With this, the service in Washington State gets started. Convoy is solely dedicated to transporting the world with zero waste and maximum capacity.
To bring the positive change and improvise deliver efficiencies and to change truckers’ lives they come up with the idea and set up Convoy. In just two years, it acquired the trust of top investors in the market. In fact, the CEOs of big firms believed Convoy to change the future of the Freight industry. Presently, it is one of the leading firms that transform the world with maximum capacity and minimal waste.
Glimpse to Founders life
The business is the product of the idea and dedication of founders. As well, they invest time to explore the business and work for the betterment of society. No doubt, any businessman set up the firm to gain the profit. But we cannot neglect their agenda to serve society. With an innovative approach, they work to simplify human life. Like Dan and Grant does with their business venture Convoy. Let’s see the journey of Dan and Grant to set up Convoy.
Dan Lewis-Chief Executive Officer
He is the present CEO at Convoy. Prior to that, he worked as a General Manager at Amazon. Also, he served as Vice president of product at Wavvi. Dan has experience as Microsoft’s group product manager. However, he started his career in the supply chain for Oliver Wyman. Coming to his education, Dan attended Yale University to study cognitive science. The contribution of Dan is considerable to change the ways of truck deliveries.
Grant Goodale- CTO
He is the present CTO at Convoy. Before that, he worked at Amazon. Apart from establishing Convoy, Grant set up Massively Fun. As well, he was the CEO of that gaming studio. Coming to his education, he has a computer science degree. For that, he attended Cornell University. Also, Grant went to the University of Southern California. Along with Dan, he is working to explore the business of Convoy. Furthermore, assisting the truckers for smooth and faster deliveries.
Bottom line
Presently, the firm effectively solving the unsolvable problems of the trucking industry. As well, helped to minimize the waste and inefficiency in this industry. The firm is based on a vision to easier the tasks of shippers, truckers, and all other tasks of the trucking industry. With the top professionals, Convoy in fact achieves its vision in a very short period.
Today, the firm successfully optimize dozens of truckloads that move around the country every day. Convoy solved the toughest problems of truckers and shippers. For its excellent work, it awarded as GeekWire’s Startup of the Year in 2017.
Jayshri is an Electronics Engineer, but her passion towards writing made her to be in this field. Apart from content writing, she loves reading, writing and surfing on various topics. In her free time, she likes to watch TV series and news. Sherlock Holmes is her all time favorite show. Jayshri loves cooking various Indian-western dishes.