Nov 13, 2019 - Technology

"Uber for trucking" startup Convoy raises $400 million

Convoy, a marketplace for truck drivers and shippers, raised $400 million in new funding led by Generation Investment Management and T. Rowe Price at a $2.75 billion valuation.

The bottom line: "It’s not like I’m going to convince people to become truck drivers — they already are," co-founder and CEO Dan Lewis tells Axios, explaining that his company's contribution is in helping truckers get more work.

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