Seattle
Convoy is the developer of a digital freight network designed for the trucking industry.
Estimated valuation today
$812M
-78.64% since last round
Calculated based on estimated multiplier and revenue.
Revenue
Update this based on your knowledge or projections. Calculations use last 12 months revenue.
Hype Multiple
Currently selected comps have a median growth rate of 1.60%
This premium represents how much of a bonus the company receives on its valuation for its additional growth compared to the selected public comps. The valuation is multipled by the Hype Multiple to get the final valuation. You can read more about this from a16z.
multiple
In an event of a merger or aquisition, the investors will get their money back first. In this case, the investors got paid out first and there is no money left which means employee common stock is worthless.
The last round was 4 months ago.
Date
April 2022
Valuation
$3.8B
Amount raised
$160M
We estimate company valuation by comparing it to similiar companies in the public market. The revenue multipler is calculated by taking a company's current valuation and dividing it by its total revenue.
Multiple at last round
2.23x revenue
Today's multiple
2.13x revenue
Change
-4.34%
Companies
Industry – Industrial
Last updated 5 mins ago.
| Remove | Name | Ticker | Price multiple |
|---|---|---|---|
| Convoy | 2.13x | ||
| General Electric Company | GE | 1.09x | |
| Caterpillar Inc | CAT | 1.86x | |
| Boeing Co | BA | 1.65x | |
| 3M Company | MMM | 2.33x | |
| Northrop Grumman Corporation | NOC | 2.13x |
| Date | Round | Amount raised | Price per share (Preferred) | Valuation |
|---|---|---|---|---|
| Apr 2022 | Series E | $160MM | $16.50 | $3.8B |
| Nov 2019 | Series D-1 | $30MM | $13.54 | $2.83B |
| Nov 2019 | Series D | $388.76MM | $13.54 | $2.83B |
| Sep 2018 | Series C | $196.09MM | $7.10 | $1.08B |
| Jul 2017 | Series B | $66.02MM | $3.06 | $362.5MM |
| Mar 2016 | Series A | $18.65MM | $0.60 | $58.5MM |
With a revenue of $254M and a Hype Multiple of 1.5x,
Convoy is estimated to be worth $812M.