Global Business and Financial News, Stock Quotes, and Market Data and Analysis. Credit: Convoy. 11 in 2019). In a little more than a year, on-demand trucking startup Convoy has raised nearly $19 million from a high-profile group of investors. Convoy founder and CEO Dan Lewis says his company's understanding of the "shape of the network" is helping it navigate the storm — and helping shippers and truckers work as efficiently as possible in an unpredictable world. Sign up for free newsletters and get more CNBC delivered to your inbox. He came to KOMO-TV in 1987 after working for two years as a co-anchor and reporter at WJLA-TV in Washington, D.C.. We have many things to be proud of, yet it’s hard to feel celebratory given what’s happening in the world right now. The goal: to make truckloads more efficient. All Rights Reserved. Okerstrom will oversee Convoy’s finance, operations, marketing, supply and marketplace growth teams, working alongside CEO and co-founder Dan Lewis. It just raised $2.5 million in seed funding from Jeff … On today’s episode, Dooner and The Dude are getting the low down on the Convoy story with their founder and CEO Dan Lewis. David Lawee Founder and General Partner. Founders Dan Lewis and Grant Goodale — both former Amazon executives — are proving that their technology can save truckers time, money and cut … The 2020 CNBC Disruptors are 50 private companies at the epicenter of a changing world, poised to emerge from the pandemic as the next generation of billion-dollar businesses. More than ever, we appreciate the millions of hard working people who are moving the freight that is so vital to our country during normal times, and particularly […], We are at an opportunistic moment in freight. Video Transcript. Convoy CEO Dan Lewis joins Yahoo Finance Live to discuss how his company adapted amid COVID-19. Convoy cofounders Grant Goodale and Dan Lewis want to connect America's truckers to clients by app. Today, smartphones are in the vast majority of trucks, automation and machine learning capabilities are being deployed at scale, and companies of every size are trying to optimize supply chains to improve their bottom lines and reduce their carbon footprints. Dan Lewis is CEO and Founder at Convoy. With 15 years in the technology and transportation industries, Dan Lewis is cofounder and CEO of Convoy, a Seattle startup that is reinventing trucking with on-demand services for … The announcement comes as Convoy … We want to hear from you. Dan Lewis is the CEO and Cofounder of Convoy. Dan Lewis is affiliated with Convoy, Inc./US, Convoy, Inc. Stay informed and up-to-date on your network with RelSci news and business alerting service. “Sustainability is core to our company culture and baked into our mission of reaching zero unnecessary waste in transportation. Convoy … Only two weeks ago, the e-retailing and logistics giant shutting down or suspending its same day or two-day delivery services would have been unthinkable. Dan Lewis (born December 19, 1949) is a former long-time co-anchor and reporter for KOMO-TV in Seattle, Washington. To date the company has raised $685 million. Among the biggest projects he … But that was then, pr… Even so, the global freight industry continues […], Convoy has grown rapidly over the past year, and it has become harder and harder to book conference rooms. 1 Disruptor 50 company, helped keep the U.S. economy afloat during pandemic, A look back at the CNBC Disruptor 50: 8 years, 209 companies. We … For Lewis, the mission of Convoy is largely technological. Convoy is an American trucking software company co-founded by CEO Dan Lewis and CTO Grant Goodale. Get this delivered to your inbox, and more info about our products and services. Data is a real-time snapshot *Data is delayed at least 15 minutes. The company raised $400 million last fall. I am very proud to share our first corporate sustainability report,” said Dan Lewis, Co-Founder and CEO of Convoy, in a statement. Because the majority of truck drivers work for themselves, it's harder for them to coordinate multiple routes to cut down on driving these empty trucks. Senator Bill Bradley, and Barry Diller. View Dan Lewis’ profile on LinkedIn, the world’s largest professional community. Dan Lewis cofounded trucking startup Convoy after stints at Microsoft, Google, and Amazon. A Division of NBCUniversal. During the 2020 calendar year, Convoy — a digital freight network company that is already carbon-neutral — helped customers save 1.6 million pounds in … Grant Goodale Chief Technology Officer. Dan Lewis is the Chief Executive Officer at Convoy. “We empower the freight industry to ship responsibly and create efficiencies in trucking, helping our customers and communities meet their environmental goals. Dan Lewis, CEO of trucking logistics start-up Convoy, spent many years at Amazon before founding his own company. Convoy has gone from hundreds of loads a week soon after it launched to tens of thousands a week across the U.S. Joy Tuffield Growth Equity Partner. In November the company raised $400 million from investors, including General Investment Management, T. Rowe Price and Fidelity. Lewis is generally known as an ex-Amazonian because Convoy is backed by Amazon CEO Jeff Bezos and was cofounded with another former Amazon employee, but he actually spent a bit more time at Microsoft. Even Lewis acknowledged that there was plenty of uncertainty, and Convoy saw freight patterns change as more medical and COVID-related supplies such as personal protective equipment become hot freight shipments, replacing nonessential goods as a great “reshuffling of the supply chain” took place, he said. Nearly 75 million metric tons of that total are contributed by trucks that are empty. Before Convoy, Dan served as General Manager of New Shopping Experiences at Amazon, as well as Vice President of Product and Operations at Wavii (acquired by Google), and Group Product Manager at Microsoft. Founders Dan Lewis and Grant Goodale — both former Amazon executives — are proving that their technology can save truckers time, money and cut CO2 output in the process. Convoy Convoy, a Seattle-based digital freight booker backed by Bill Gates, Jeff Bezos and Al Gore’s Generation Investment Management, closed … Hadi Partovi Founder. Dan has 9 jobs listed on their profile. This Seattle-based company has developed an on-demand technology platform that enables trucking companies and shippers to connect via an app instead of relying on a broker to make the match. Convoy is aiming to solve that. Convoy reduces overall costs for shippers, providing asset-like reliability and performance. That has been important during the coronavirus pandemic as companies grapple with how to reduce supply chain disruptions and expenses. According to the American Trucking Association, the U.S. trucking industry is worth $797 billion annually, but small fleets — six or fewer trucks — make up 91% of the market. Convoy is targeting a hugely fragmented market. We are super, super excited to have Dan Lewis, the co-founder and CEO of Convoy come up to join us. Convoy is a digital freight network App started by Dan Lewis in 2015. Fostering diversity, equity, and inclusion in Convoy’s network by investing in a dedicated supplier diversity program to help diverse carriers gain access to more business. ... Get to know Convoy's leadership team and board of directors that bring many years of experience in … Convoy CEO Dan Lewis. “They may get on the phone while their truck is being unloaded to start looking for their next job,” said Dan Lewis, Convoy’s chief executive. Anu Hariharan is a Partner at YC Continuity. The COVID-19 outbreak is making it difficult for food banks, food pantries and soup kitchens to fulfill their missions at a time when they're needed the most, said Dan Lewis, Convoy … Dan Lewis, the chief executive officer, says he’s sympathetic to concerns from drivers, especially small trucking companies that are often hit the hardest. The company estimates that trucking accounts for around 205 million metric tons of CO2 emissions in the U.S. each year. Other new investors included Cascade Investment CEO Bill Gates, Mosaic Ventures, former U.S. It has about 100 routes, many of them concentrated around economic hubs such as Michigan, California and Chicago. Dan Lewis is the Chief Executive Officer at Convoy. Today marks Convoy’s fifth birthday. Got a confidential news tip? We wanted to share this unique solution and encourage others to adopt this practice. Convoy matches shippers with freight carriers, which helps the trucking industry run more efficiently because currently, over 40% of the trucks on the road are empty. The company makes money by taking a percentage of each transaction on its platform. […], Transforming the way we transport freight – the road to endless capacity and zero waste, Introducing Meeting Circles, a Workplace Innovation From Convoy, Terms of Before Convoy, Dan served as General Manager of New Shopping Experiences at Amazon, as well as Vice President of Product and Operations at Wavii (acquired by Google), and Group Product Manager at Microsoft. There have been a bunch of high-profile investors as well — Jeff Bezos, Salesforce CEO Marc Benioff and U2's Bono and the Edge. Dan Lewis Chief Executive Officer. Before Convoy, Dan served as General Manager of New Shopping Experiences at Amazon, as well as Vice President of Product and Operations at Wavii (acquired by Google), and Group Product Manager at Microsoft. © 2021 CNBC LLC. Customers include Unilever, P&G, Wayfair and Land O'Lakes. In a battle that seemed to intensify weekly, Amazon and fellow retail behemoth Walmart Inc. WMT 1.13% have been competing to see who can get stuff to consumers the fastest, announcing initiative after initiativeto shave days and hours off delivery times. Improving empty miles. Convoy, a 6-month old startup founded by ex-Amazon engineer Dan Lewis, helps connect truckers with shippers. Come on up, Dan. These are the 2020 CNBC Disruptor 50 companies, How we chose the 2020 CNBC Disruptor 50 list of revolutionary start-ups, How Stripe, CNBC's No. Service. To address this growing issue, we put our heads together and came up with an innovative new approach to workplace productivity…Meeting Circles! Dan started his career in technology and supply-chain consulting for Oliver Wyman, after studying cognitive science at Yale University. On 25 July 2017, the company raised $62 million in Series B funding led by Y Combinator 's Continuity Fund. Founders: Dan Lewis (CEO), Grant GoodaleLaunched: 2015Headquarters: SeattleFunding: $685 millionValuation: $2.7 billion (PitchBook)Key technologies: Cloud computing, explainable AI, machine learningIndustry: Transportation, logisticsPrevious appearances on Disruptor 50 List: 1 (No. Nurture your network and further your business goals with smart intelligence on the people and companies that matter most to you. “Sustainability is at the heart of our business model and fundamental to Convoy,” said Dan Lewis, Convoy Co-founder and CEO. Convoy enhances efficiency by providing open access to real-time data insights that allow shippers to enhance their operations. 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