Lyric vs Convoy
Side-by-side comparison of AI visibility scores, market position, and capabilities
Raised $43.5M Series B (Aug 2025) led by Insight Partners. 500% revenue growth since stealth exit. Modular AI logic library for Fortune 500 supply chain scenario modeling.
About
Lyric builds reusable AI-powered supply chain decision intelligence for Fortune 500 companies, providing a modular library of supply chain logic for inventory optimization, order forensics, network planning, and transportation modeling. The company raised $43.5 million in Series B financing in August 2025 led by Insight Partners, reporting 500% revenue growth since emerging from stealth. Total funding has reached $67 million.
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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