Response vs Convoy
Side-by-side comparison of AI visibility scores, market position, and capabilities
US YC W20 indirect procurement for operations teams with 13.2% cost savings and 91.6% time reduction; $4M Twenty-Two Ventures/YC seed with Flexport/Anduril/Ramp angels serving Aterian competing with Coupa for indirect spend control.
About
Response is a United States-based indirect procurement platform — backed by Y Combinator (W20) with $4 million in seed funding led by Twenty-Two Ventures with angels from Flexport, Anduril, Ramp, and Scale AI — providing operations teams with end-to-end control over indirect spend (office supplies, maintenance materials, packaging, facilities consumables) by streamlining ordering workflows, enforcing approval processes, and enabling vendor consolidation. Helping customers including Aterian (NASDAQ: ATER) and Warehouse Specialists Inc. achieve up to 13.2% cost savings and 91.6% ordering time reduction. Founded in 2019 by Keivan Shahida and Kais Baillargeon, Response addresses the unmanaged spend problem that creates significant cost leakage for industrial and operations-intensive businesses.
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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