Convey announces $10M in new round of venture capital funding
Summary
“Our strength in large/bulk for our clients has translated into additional success in their parcel business, allowing us to support them across all final mile use cases,” he said. This funding allows us to double down in this sector.” Another theme is market expansion, with the spokesman saying that Convey’s carriers are pulling the company into conversations with businesses in other sectors, with noted attention in time sensitive medical devices/equipment, construction materials and manufacturing supply. What’s more, he noted that it provides additional confidence in Convey’s ability to meet and exceed the company’s commitments to build and support an enterprise-grade offering for the long-term. Other benefits of this investment, cited by Convey include the recent addition of a number of leaders to its executive team to accelerate growth. Convey’s cloud-based platform uses data to help shippers (both retail and B2B) and carriers proactively identify, collaborate and resolve final mile delivery issues before they impact the customer experience.
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