Shippeo vs Convoy
Side-by-side comparison of AI visibility scores, market position, and capabilities
Raised $30M strategic (Jan 2025) led by Toyota's Woven Capital. $140M+ total. Tracks 90M+ shipments across 150 countries. 210% YoY North America growth. Carbon footprint intelligence layer.
About
Shippeo is a multimodal supply chain visibility platform that tracks 90 million+ shipments annually across 150 countries and all transport modes — road, rail, ocean, and air. The company raised $30 million in strategic financing in January 2025 led by Toyota's Woven Capital, bringing total funding to $140 million+. The Toyota investment signals automotive and manufacturing supply chain distribution: Toyota's global supplier network creates immediate enterprise sales opportunities for a visibility platform.
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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