Alvys vs Convoy
Side-by-side comparison of AI visibility scores, market position, and capabilities
Raised $40M Series B (Sep 2025) led by RTP Global. $77M total. Tripled revenue two years running. AI-native TMS for mid-market freight carriers and brokers.
About
Alvys is an AI-native transportation management system (TMS) and operating platform for mid-market freight carriers and brokers, combining dispatch, compliance, real-time visibility, accounting, and driver management in a unified cloud platform. The company raised $40 million in Series B financing in September 2025 led by RTP Global, with $77 million total raised, and has tripled revenue two consecutive years.
Convoy was the digital freight marketplace that reached $3.8B valuation before shutting down in October 2023; assets were acquired by Flexport as the US trucking industry's digital transformation continues.
About
Convoy was a Seattle-based digital freight network that operated an automated matching platform connecting shippers with trucking carriers, aiming to bring Uber-style efficiency to the highly fragmented US trucking industry. Founded in 2015 by Dan Lewis and Grant Goodale, Convoy raised over $900M from investors including Google, Jeff Bezos, and T. Rowe Price, reaching a peak valuation of $3.8 billion as it grew to handle hundreds of thousands of loads per month across a network of hundreds of thousands of trucks.
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