Convoy closes $260 million in Series E financing

Convoy is a short-haul truck-hailing service provider that provides deal matching for local truck drivers and cargo owners, as well as scheduled scheduled freight services to users. Using the APP to place an order, Convoy will search for the most matching truck driver around; the owner can use the APP to track the truck with GPS, check the status of the goods in real time, and evaluate each other after the delivery is completed. Recently completed a $260 million Series E financing, led by Baillie Gifford and T. Rowe Price, and followed by Hercules Capital. The post-money valuation is $3.8 billion.

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