Farmstead vs Convoy
Side-by-side comparison of AI visibility scores, market position, and capabilities
Raised $30M Series B (2026) backed by Piva Capital. AI-native farm-to-door grocery delivery with cold chain management and demand forecasting to cut food waste.
About
Farmstead is an AI-native grocery delivery company that owns and operates its entire cold chain — from farm sourcing through warehouse storage, temperature monitoring, and last-mile delivery — using AI-driven demand forecasting to dramatically reduce food waste compared to traditional grocery supply chains. The company raised $30 million in Series B financing backed by Piva Capital, a firm focused on industrial and energy transformation, in 2026.
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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