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Convoy

Environmental Impact

Endless capacity. Zero waste

10,000,000Total lbs of Carbon Emission Saved

Impact Rating

Debt FinancingFunding Stage
$0.9 BillionTotal Amount Raised
$368.3 MillionAnnual Revenue

Company Overview

Convoy is a technology-enabled trucking network enabling shippers to connect with nearby trucking companies and book and track jobs instantly. It offers real-time notifications of jobs and free fleet management tools. It was formerly known as Greypoint.

Convoy's Impact

At Convoy, we're committed to doing our part to eliminate wasted time and carbon emissions in the trucking industry. When we started Convoy, we didn't know exactly how to identify and measure waste reduction in the industry, but we made learning that a priority.

Convoy's Core Mission and Values

One team:

Together we are building one Convoy with one mission and we will succeed or fail through our trust in one another. We put our customers’ and Convoy’s needs first, over the interests of our own group.

Raise the bar:

We hold ourselves and others to increasingly high standards and raise the bar with each new hire. We’re hard to satisfy and we pursue excellence in the quality and delivery of our work.

Innovate deliberately:

Our focus is a limited resource. We invest it in building and strengthening the advantages we create for our business and stakeholders. Elsewhere, we don’t reinvent the wheel.

Current Investors

JP Morgan, Fidelity, Jeff Bezos, Bill Gates, Generation Investment Management, Baillie Gifford & co, Grey lock partners, Y combinator.

Use of Funds Raised

They use their funds to further develop its trucking network technology and scale up operations.

How are Convoy driving innovation?

Convoy, the nation’s leading digital freight network, has been named on the Fast Company’s annual list of the World’s Most Innovative Companies for 2022 in the Logistics category.

“Convoy is focused on innovations in the trucking industry that drive new efficiencies and reduce waste, and Convoy Go is a perfect example of this,” said Dan Lewis, CEO and Co-Founder of Convoy. “The program was inspired by shippers who challenged us to come up with more flexible trucking solutions to help them through all of the supply chain volatility. While we’ve only just scratched the surface of what’s possible, it’s exciting to see this approach recognized by Fast Company. We’re humbled to be named to the list of the World’s Most Innovative Companies for 2022.”

Leadership & Team

  • Dan Lewis

    CEO

    Before Convoy, Dan served as General Manager of New Shopping Experiences at Amazon, as well as VP of Product and Operations at Wavii (acquired by Google), and Group Product Manager at Microsoft. Dan started his career in supply-chain consulting for Oliver Wyman, after studying cognitive science at Yale.

  • Mark Okerstrom

    COO

    Mark joins with 13 years of executive leadership experience in CEO, COO and CFO roles across consumer internet, B2B, technology and travel industries. He also achieved an MBA from Harvard business school

  • Dorothy Li

    CTO

    Prior to Convoy, Dorothy held leadership roles at Amazon, most recently as VP of BI and Analytics at AWS. Dorothy helped build out Amazon’s e-commerce platform and led the initial launch of Amazon Prime, to Kindle.

Research by: Luqman Makeem

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