The situation
In 2015, Convoy was a private, pre-revenue startup operating quietly under the radar in Washington State. With twin goals of supporting business development and courting new investment, it needed greater credibility and awareness in the marketplace, and had no media experience to speak of.
What we did
BRC guided and managed all aspects of the company’s media strategy and execution, starting with its public launch in October 2015.
Results
- October 2015 public launch covered by The Wall Street Journal, Seattle Times, TechCrunch, USA Today, Businessweek, Fortune, Forbes and GeekWire.
- March 2016: $16M Series A led by Greylock Partners. The announcement achieved broad media exposure, most prominently the cover of The New York Times business section.
- July 2017: $62M Series B, with participation from Bill Gates and Expedia founder Barry Diller, joining earlier investors including Jeff Bezos and Marc Benioff.
- 2018: $185M Series C led by CapitalG, valuing the company at more than $1B.
- Convoy’s integrated credibility campaign resulted in rapid platform adoption: 400,000+ drivers/trucks across 80,000 carrier companies.