FleetWorks vs Convoy
Side-by-side comparison of AI visibility scores, market position, and capabilities
US logistics AI automating freight broker dispatch with 10K+ carriers and 30% productivity lift; $17.2M First Round Capital Series A competing with Convoy and Transfix for $100B freight marketplace automation.
About
FleetWorks is a US-based logistics AI company — backed with $17.2 million raised including a $15 million Series A led by First Round Capital with Y Combinator and Saga Ventures in October 2025 — building an AI-powered freight marketplace automation platform that matches trucks with loads and automates the dispatcher-carrier communication that currently requires human brokers to manage thousands of individual phone and email touchpoints daily. Founded by Paul Singer and Quang Tran and backed by Y Combinator (S23), FleetWorks serves 10,000+ carriers and dozens of freight brokers including Uber Freight, delivering a 30% productivity lift for broker operations and 1-4% gross margin expansion through automated matching efficiency.
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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