Alvys
Assembly Line
Alvys Raises $20+ Million to Transform Logistics and Supply Chain Management
Alvys, the next-generation logistics operating platform for logistics and supply chain management, announced it has raised $20.5 million in a Series A funding round. The round was led by Titanium Ventures (formerly Telstra Ventures), with new investor Picus Capital and existing investors RTP and Bonfire.
The successful achievement of this round solidifies Alvys’s position as a leader in logistics and supply chain management. The company is experiencing rapid customer growth, and this capital enables Alvys to accelerate its development efforts and to recruit top talent to solve complex issues within the industry.
Alvys Raises $6.3M to Provide an End-to-End Operating System for Logistics Companies
Alvys, an end-to-end operating system for middle mile logistics companies with a laser focus on carriers, today announced it has raised a $6.3M seed round led by Bonfire Ventures, with participation from RTP Global and strategic angel investors. This initial investment comes as the company’s customer base has more than doubled since January 2023 and revenue has grown 5x year over year, solidifying Alvys as a game-changer in the trucking industry. The funds will be used to strengthen Alvys’ product offerings and expand its talented team, enabling the company to further invest in key areas such as research and development, product enhancement, and customer support.