The document provides an overview of the trucking industry and the startup Convoy. It discusses how Convoy aims to connect shippers to carriers more efficiently through a mobile and web application. Convoy has raised over $2.7 billion in funding and now has over 1000 employees. The company was founded in 2015 and hopes to continue disrupting the large $800 billion trucking industry through innovations like batching shipments.

1. By: Kevin Zhao (zhaokev)

2. Overview of Trucking Industry
Carriers Shippers
$800 billion

3. Problem
● Trucking industry is huge
● Inefficient allocation of resources

4. Product
● Mobile and Web application
● Connect shippers to carriers
● Persona: Owner Operators

5. Financials
(Seed Round) (Series A) (Series B) (Series C) (Series D)
$2.7 billion
valuation

6. Business Model
Money to Carriers
Money to Convoy
Carriers Shippers

7. Company History
2015
Company founded
by Dan Lewis &
Grant Goodale
2020
Brought in Mark
Okerstrom as
President & COO
(former Expedia CEO)
2020
1000+ employees
2018
Open 2nd office in
Atlanta
2017
Name “Startup of
the year” by
Geekwire

8. Convoy’s Special Sauce
● Digital Freight Network

9. What’s hot: Batching

10. Competitor Analysis
Freight Marketplace
International
Completely Automated
Shipments
Batching

11. Future Outlook
● Disrupting $800 billion dollar industry

12. References
https://convoy.com/
https://www.freightwaves.com/news/former-expedia-ceo-joins-convoy-as-president-
and-coo
https://www.crunchbase.com/organization/convoy-3
https://craft.co/convoy
https://www.geekwire.com/2017/revealed-geekwire-awards-2017-winners/
https://www.businessinsider.com/trucking-startup-convoy-launches-tool-to-limit-em
pty-miles-2019-6
https://www.businessinsider.com/amazon-building-uber-for-trucking-app-2016-12

13. Questions?