Convoy raises $400 million to expand its on-demand trucking platform
TechCrunch Industry News · TechCrunch
November 18, 20193m 33s
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Show Notes
Convoy, the digital freight network that connects truckers with shippers, has raised $400 million in a Series D funding round as it aims to scale its business amid an increasingly competitive market. The funding round brings Convoy’s post-money valuation to $2.75 billion. The round was co-led by Generation Investment Management and previous Convoy investor T. Rowe Price Associates.
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