Logistics technology firm Convey will integrate its cloud-based shipping software with a last-mile delivery application from Ingram Micro Commerce & Fulfillment, the companies said today.
Under the agreement, Austin, Texas-based Convey will provide its Engage product—a customer delivery experience management tool—and its Initiate product, a transportation planning and management application, Convey said. Those applications will now be connected with Ingram Micro’s First Mile and Final Mile solutions, which provide services spanning from order management and fulfillment to transportation management.
Convey will support the initiative with fresh funding from an $8.25 million investment by the venture capital firms Techstars Venture Capital Fund and RPM Ventures, which was also announced today. The new capital brings Convey’s total funding to $15.75 million. It will be used in part to pursue new opportunities beyond its core retail buisness, the company said in a statement.
Convey launched its Engage platform in 2016, saying the platform would let e-commerce retailers manage in-transit shipments and address shipping snarls before they affect consumers. The company’s customers include Build.com, BuildDirect, Power Equipment Direct, ShoppersChoice.com, and Vitalize, according to Convey.
Read more here.
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.