Alvys gains $6.3 million seed funding for transportation software
Summary
The California cloud-based transportation software vendor Alvys will strengthen its product offerings and expand its employee rolls, thanks to a $6.3 million seed round of funding, the firm said today. Solana Beach, California-based Alvys also said it will invest the new backing in research and development, product enhancement, and customer support. The seed round was led by Bonfire Ventures, with participation from RTP Global and strategic angel investors. Alvys says its software supports dispatch, driver management, load movement, accounting, safety, and compliance, serving as an end-to-end operating system for middle mile logistics companies, with a special focus on carriers. Existing systems have failed by overlooking carrier workflows and providing inadequate carrier-to-shipper connectivity,” Alvys Founder and CEO Nick Darman said in a release.
Funding
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