Investment Summary

CapitalG Invests In Convoy

On September 21, 2018, corporate investor CapitalG invested in internet software and services company Convoy

Investment Highlights
  • This is CapitalG’s 15th transaction in the Internet Software and Services sector.
  • This is CapitalG’s 23rd transaction in the United States.
  • This is CapitalG’s 1st transaction in Washington.

Investment Summary
Date 2018-09-21
Target Convoy
Sector Internet Software and Services
Investor(s) CapitalG
Deal Type Venture

Target

Convoy

Seattle, Washington, United States
Convoy is a digital freight network. By connecting shippers to carriers to move millions of truckloads, Convoy saves money for shippers, reduces hassles for carriers, and eliminates carbon waste for our planet. Convoy was founded in 2015 and is based in Seattle, Washington.

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Investor(S) 1

Investor

CapitalG

San Francisco, California, United States

Investor Investor Investor Investor Investor

Category Corporate Investor
Founded 2013
PE ASSETS 3.0B USD
Size Large
Type Sector Focused
DESCRIPTION

CapitalG is the growth equity and direct investment arm of Alphabet, Inc. CapitalG invests in emerging tech-enabled service companies and assists with providing tactical advice across key functional areas such as engineering, product, sales, and marketing. CapitalG was formerly known as Google Capital. The Unit was formed in 2013 and is based in San Francisco, California.

DEAL STATS #
Overall 28 of 36
Sector (Internet Software and Services) 15 of 18
Type (Venture) 20 of 27
State (Washington) 1 of 1
Country (United States) 23 of 31
Year (2018) 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-09-18 UiPath

New York, New York, United States

UiPath is a Robotic Process Automation (RPA) vendor providing a complete software platform to help organizations efficiently automate business processes. UiPath was founded in 2005 and is based in New York City.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-03-29 Lyft

San Francisco, California, United States

Lyft is a ride-sharing company that connects people and communities through transportation. It helps organizations to establish private and social networks for ridesharing. Lyft was founded in 2007 and is based in San Francisco, California.

Sell -
Mergr

Product

Company

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