Companies · Other

Convoy, Inc.Winter 2022Active

SEATTLE · United Kingdom; LA, Nigeria; Remote · Other · founded 2022 · https://getconvoy.io

Diligence memoA one-page analyst read on Convoy, Inc. — recommendation, valuation, rhythm, risks.
$479.6M
Total raised · real
2
Rounds
1.7×
Latest step-up
Top 2%
Sector rank · raised
Series D+
Latest stage · inferred · Wed Oct 30 2019 00:00:00 GMT+0000 (Coordinated Universal Time)

Convoy, Inc. looks over-valued against its niche peers and is dormant on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Over-valued
  • Modeled value is 2.41× the median modeled value of Series D+ Other companies in 2019–2021 (110 peers) — value vs value, same stage and era.
Dormant
  • Last raise 6.7 yr ago; this sector typically re-raises about every 11 months.
  • Silent for over 3× the sector's normal cadence.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in Other

Convoy, Inc. is one of 25008 Other companies tracked from SEATTLE, United Kingdom; LA, Nigeria; Remote, on record since 2022. By capital raised it ranks among the largest (ahead of 99% of sector peers), and among the largest by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

AI analyst read est. — model-extracted from this company's public description, not a verified fact. 30%

operates a technology-led product inferred from public copy

Grounded in: “You are a venture analyst

Webhooks Gateway for outgoing and incoming webhooks.

We are building Convoy for engineering teams that value efficiency, especially during this bear market. You might already know about API Gateways. Convoy is exactly that for webhooks. Engineering teams today use Convoy to securely send, receive and manage millions of webhooks reliably with robust support for retries, rate limiting, static IPs, circuit breaking, rolling secrets and more. We know both receiving and sending webhooks can become a lot of work to manage, we have built a product to enable engineers to build and ship highly scalable stripe-like webhooks infrastructure.

Developer ToolsB2BOpen Source
Find Convoy, Inc. online

As reported in public records reported — not modeled.

GB
Jurisdiction
Rule 506(b)
Reg D exemption
44
Investors (latest)
2015
Year incorporated
2019-10-30
First sale
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$2.5B$5.0B$7.5B$10.0BSeries D+ · 2018-09-14 Raised $177M (real) Modeled valuation $3.1B (est)$177M$3.1BSeries D+2018Series D+ · 2019-10-30 Raised $302M (real) Modeled valuation $5.2B (est)$302M$5.2BSeries D+2019+$302MCumulative $480M

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Series D+$177.3M · 2018
Series D+ extension$302.2M · 2019

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed, Series A, Series B, Series C — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 17%.

Modeled valuation trajectory
$5.2B
Base estimate est.
$1.7B
Conservative case
$11.4B
Upside case
$2.5B
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series D+a $100M–$400M round). Valuation is modeled from stage benchmarks. Directional, not a quoted figure.

Series D+ · modeled $3.1B · 2018-09-142018Series D+ · modeled $5.2B · 2019-10-302019
Model inputs · modeled:benchmark-stage-stepup-v1
12%
Dilution assumption
Implied ownership sold in the financing.
85%
Survival probability
68% low · 94% high
1.16×/yr
Annual markup
1.30×/yr upside case
6.0 yr
Elapsed time used
6.7 yr actual, capped for stale marks
general
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
14 mo
Avg between rounds
$426.2M/yr
Capital velocity
7.8 yr
On record since
2018
First round
2
Rounds on file
How it compares to the market

Benchmarked against 25008 companies in Other. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 234× above median
This company$479.6M
Sector median$2.0M
Latest round — vs other Series D+ rounds in sector (real $, this stage) 2.4× above median
This company$302.2M
Sector median$125.1M
Modeled value — vs sector median (estimate, all stages) 295× above median
This company$5.2B
Sector median$17.7M

Raised more than 99% of sector peers (real $). Modeled value above 99% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series D+) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful. This company ranks #7 of 110.

This companyCohort peer
$1.0B$10.0B$100.0M$1.0BCapital raised (log)Renascence Equity Ventures, Inc. · Series D+ Raised $400.0M · modeled $6.1B (est)Trulioo Information Services Inc. · Series D+ Raised $429.5M · modeled $5.9B (est)Diamond S Shipping Inc. · Series D+ Raised $333.3M · modeled $5.8B (est)BOA Holdings Inc. · Series D+ Raised $340.1M · modeled $5.6B (est)Maverick Parent L.P. · Series D+ Raised $305.7M · modeled $5.3B (est)Sustainable Bioproducts, Inc. · Series D+ Raised $460.0M · modeled $5.3B (est)Natasha Harris-Johnson Trust · Series D+ Raised $300.0M · modeled $5.2B (est)Thriveworks TopCo, LLC · Series D+ Raised $340.2M · modeled $5.0B (est)Fanatics TC Holdco, Inc. · Series D+ Raised $347.0M · modeled $5.0B (est)ALCV Investments, L.P. · Series D+ Raised $310.0M · modeled $4.8B (est)Kabompo Holdings, Ltd. · Series D+ Raised $375.8M · modeled $4.6B (est)Convoy, Inc. (this company) Raised $479.6M · modeled $5.2B (est)Convoy, Inc.
CompanyStageRaised · realValue · estvs peer med.
Renascence Equity Ventures, Inc.Series D+$400.0M$6.1B2.80×
Trulioo Information Services Inc.Series D+$429.5M$5.9B2.75×
Diamond S Shipping Inc.Series D+$333.3M$5.8B2.66×
BOA Holdings Inc.Series D+$340.1M$5.6B2.60×
Maverick Parent L.P.Series D+$305.7M$5.3B2.44×
Sustainable Bioproducts, Inc.Series D+$460.0M$5.3B2.44×
Convoy, Inc. this companySeries D+$479.6M$5.2B2.41×
Natasha Harris-Johnson TrustSeries D+$300.0M$5.2B2.40×
Thriveworks TopCo, LLCSeries D+$340.2M$5.0B2.33×
Fanatics TC Holdco, Inc.Series D+$347.0M$5.0B2.30×
ALCV Investments, L.P.Series D+$310.0M$4.8B2.20×
Kabompo Holdings, Ltd.Series D+$375.8M$4.6B2.13×
Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Series D+$177.3M2018-09-14$1.5B$3.1B90%
Series D+$302.2M2019-10-30$2.5B$5.2B90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Series D+$177.3M2018-09-14
    • First recorded raise — entered as Series D+.
    • 31 investors on this round.
  2. Series D+$302.2M2019-10-30
    • Raised 14 mo later, in step with the ~11 mo sector norm.
    • Round 1.7× larger than the prior — scaling up.
    • 44 investors on this round.
Intelligence
2020 ~Q4
Modeled next raise · ~14mo cadence
$515.2M
Modeled next size est.range $334.9M$824.3M
1.7×
Last step-up
$426.2M/yr
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
Reid Hoffman9 other2018-09
Ali Rowghani6 other2018-09
Anu Hariharan4 other2018-09
Simon Rothman3 other2018-09
Diankha Linear1 other2018-09
Brian Kreiner2018-09
Dan Lewis2018-09
David Lawee2018-09
Grant Goodale2018-09
Hadi Partovi2018-09
Joy Tuffield2019-10
Registry & provenance

Convoy, Inc. is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
GB
Jurisdiction
1754407
SEC CIK
2015
Incorporated
Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

CompanySectorStageRaised · realValue · estWhy similar
Dataiku Inc.OtherSeries D+$492.0M$2.5Bsame sector · same stage
BuzzFeed, Inc.OtherSeries D+$493.3M$3.5Bsame sector · same stage
Capital Rx, Inc.OtherSeries D+$499.6M$1.9Bsame sector · same stage
Sustainable Bioproducts, Inc.OtherSeries D+$460.0M$5.3Bsame sector · same stage
Emergy Inc.OtherSeries D+$459.3M$2.2Bsame sector · same stage
Princeton Review IncOtherSeries D+$441.2M$3.9Bsame sector · same stage
Trulioo Information Services Inc.OtherSeries D+$429.5M$5.9Bsame sector · same stage
Forward Ventures, LLCOtherSeries D+$540.9M$5.2Bsame sector · same stage
Semantically similar

Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.

CompanySectorStageValue · estMatch
Chamber Convoy, Inc.Other TechnologyPre-Seed$7.8M75%
Convoy Ventures, LLCOtherPre-Seed$1.3M73%
Burt
AI teammates for logistics
Mobility / Logistics70%
Keychain Logistics
Software that connects the supply side of companies that ship product…
Mobility / Logistics70%
BizFleets, LLCOther TechnologyPre-Seed$3.2M70%
Cargobot, LLCOther TechnologySeed$15.5M69%
RV Help, Inc.Other TechnologySeries A$11.2M69%
Shipamax Inc.
Simple, end-to-end automation for logistics orgs
Mobility / LogisticsSeries A$129.7M69%
Frequently asked
How much funding has Convoy, Inc. raised?
Convoy, Inc. has raised approximately $479.6M in disclosed capital across 2 recorded financing rounds, aggregated from public filings.
What is Convoy, Inc.'s estimated valuation?
Provath's modeled valuation for Convoy, Inc. is approximately $5.2B (modeled range $1.7B–$11.4B). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Convoy, Inc. at?
Convoy, Inc.'s latest modeled financing stage is Series D+. Its most recent recorded round closed around Wed Oct 30.
What does Convoy, Inc. do and where is it based?
Convoy, Inc. operates in the Other sector, based in SEATTLE, United Kingdom; LA, Nigeria; Remote. Webhooks Gateway for outgoing and incoming webhooks.
Explore related

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