Convoy lays off 7% of workforce in latest tech start-up cuts
Convoy, a digital trucking platform valued at $3.8bn in April, has decided to lay off ...
PRESS RELEASE
April 21, 2022 Convoy Team
Seattle, WA — April 21, 2022 — Convoy, the nation’s leading digital freight network, raised $260 million in new funding, comprised of a $160 million Series E preferred equity round led by Baillie Gifford and funds and accounts advised by T. Rowe Price Associates, Inc., as well as a $100 million venture-debt investment from Hercules Capital, Inc. (NYSE: HTGC). The company also secured a new $150 million line of ...
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