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Convoy, Inc.: Business Overview, Financials & Competitive Analysis

Convoy, Inc. scores 5/10 on the AskCyborg Cyborg Score (Mixed). Post-acquisition platform with substantial market opportunity but uncertain standalone growth trajectory under new ownership. Convoy faces mixed fundamentals: the company operates a strategically valuable freight-matching platform serving a massive $800B market, but underwent organizational disruption (October 2023 shutdown, subsequent acquisitions). Current ownership by DAT Solutions provides stability but reduces independent.

What is Convoy, Inc.'s industry? Convoy, Inc. (getconvoy.io) operates in Freight Forwarding. AskCyborg classifies Convoy, Inc. under Freight Forwarding in its company registry.

Convoy is a digital freight network platform for the trucking industry. Using technology and automation, the Convoy Platform seamlessly connects carriers with shipments from brokers across the nation and is the leadin...

5/ 10Mixed

Cyborg Score thesis

Post-acquisition platform with substantial market opportunity but uncertain standalone growth trajectory under new...

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Industry Freight Forwarding
4 named competitors
3 recent developments
11 analyst dimensions
Synthesized from analyst-debate stress-testing across 11 dimensions and hundreds of data points. Methodology →
Cyborg Score recalibrated: September 14, 2026
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What's in This Report
Convoy, Inc. OverviewStrategic ProfileCompetitive LandscapeIndustry ContextKey facts
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Convoy, Inc. Overview

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Convoy is a digital freight network platform for the trucking industry. Using technology and automation, the Convoy Platform seamlessly connects carriers with shipments from brokers across the nation and is the leading marketplace built exclusively for brokers and trusted carriers to effortlessly match and execute freight. As of January 31, 2026, the company has 379 employees.

Strategic Profile

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Convoy was acquired by DAT Solutions on July 28, 2025, bringing the platform under a larger logistics analytics and freight matching infrastructure. The platform moves thousands of truckloads daily, saving money for shippers and increasing earnings for drivers while addressing waste and inefficiency in the $800B trucking industry.

Competitive Landscape

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Convoy competes against Uber Freight, CloudTrucks, and uShip in the digital freight matching space. The company also competes against established players like Flexport, Samsara, and Schneider. Post-acquisition by DAT Solutions, Convoy operates within a broader logistics data and matching ecosystem.

Industry Context

Convoy, Inc. operates in Freight Forwarding.

Key facts

Founded: 2015 · Headquarters: Seattle, US · Employees: 379 · Revenue: $252.1M

What the analysts stress-tested

The top findings that survived the multi-agent debate for Convoy, Inc..

  • Acquired by DAT Solutions (July 28, 2025), marking a strategic pivot from independent operations
  • Raised $828M in total funding from investors including T. Rowe Price, Y Combinator and Greylock, demonstrating significant investor backing before acquisition
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Recent developments

Material events tracked by the AskCyborg corpus.

  • July 2025Acquired by DAT Solutions
  • January 2026Employee count at 379
  • +1 moreTrack every material event for Convoy, Inc. as it happens. Explore monitoring →
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Named competitors

Pulled from the analyst-debate framework. Click any competitor to see their Cyborg Score.

Uber FreightDigital freight marketplace by ride-sharing giant→FlexportGlobal shipping and freight intermediary→SamsaraFleet operations and logistics software platform→CloudTrucksDigital freight management platform→

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Industry context

Convoy, Inc. operates in Freight Forwarding. See how the rest of the sector scores on the Cyborg framework.

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Frequently asked questions

What does Convoy, Inc. do?+
Convoy is a digital freight network platform for the trucking industry. Using technology and automation, the Convoy Platform seamlessly connects carriers with shipments from brokers across the nation and is the leadin...
What is Convoy, Inc.'s Cyborg Score?+
Convoy, Inc. has a Cyborg Score of 5/10 (Mixed). The score synthesizes business model, financials, leadership, competitive position, technology, marketing, and ESG dimensions across hundreds of data points.
Who are Convoy, Inc.'s main competitors?+
Named competitors include Uber Freight, Flexport, Samsara, CloudTrucks. The full competitive landscape is in the AskCyborg report.
How can I get the full Convoy, Inc. research report?+
Get the report plus analyst-debate audio at askcyborg.com -- no credit card required for preview access. Pro adds saved-company audio playlists and monitoring.
How current is the Convoy, Inc. research?+
The Cyborg Score is recalibrated weekly. Recent developments are tracked continuously and surfaced in every report.

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