Convoy raises $16m in Series A funding

Convoy, the on-demand service for local and regional trucking, has today (23 March) announced a $16m in a Series A funding round led by Greylock Partners. The company also reported that it has expanded its service into Oregon, and that Reid Hoffman and Simon Rothman from Greylock Partners and Code.org co-founder Hadi Partovi have joined the board.

Convoy said it will use the additional funding to accelerate development of its technology and expand its footprint into additional regions.

The company, which is centered in the Seattle-Tacoma area and operational in the states of Washington and Oregon, says that its system “makes it easy for shippers to connect with nearby trucking companies and book jobs instantly”.