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Convoy CEO Dan Lewis said that Convoy processes thousands of orders every week, generating millions of dollars in revenue, and doubling sales every quarter. However, Lewis declined to give specifics. Convoy’s client list now includes big companies like Unilever and Anheuser-Busch.
Uber started competing with Convoy by launching a similar service called Uber Freight two months ago. The latest investments in Convoy, however, show that investors are eagerly expecting the company to expand in the face of increasing competition.
Meanwhile, Uber is still in the process of finding a new CEO, a month after founder Travis Kalanick stepped down as CEO after a series of scandals.
And Convoy is trying to make the most of the rival’s tough times, CEO Dan Lewis told Bloomberg.
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