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Exclusive: Trucker's Son Bucks Logistics Funding Decline with $40M Raise For Startup Alvys
Alvys, an AI-powered logistics software provider, has raised $40 million in Series B funding, the company tells Crunchbase News exclusively. RTP Global led the financing, which brings Alvys' total funding to date to $77 million, according to the company. Alpha Square Group joined existing backers
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Alvys gets $40M in funding to reinvent transportation management with AI automation - SiliconANGLE
Alvys gets $40M in funding to reinvent transportation management with AI automation Startup Alvys Inc., which has built an artificial intelligence-based transportation management system for orchestrating freight operations, has boosted its war chest with a $40 million Series B round of
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Alvys, an AI-driven logistics software provider, has raised $40 million in Series B funding to enhance its transportation management system. The startup aims to revolutionize the logistics industry with AI and automation.
Alvys, an AI-driven logistics software provider, has successfully raised $40 million in a Series B funding round, bringing its total funding to $77 million. The round was led by RTP Global, with participation from Alpha Square Group and existing investors including Picus Capital, Titanium Ventures, and Bonfire Ventures
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.This significant investment comes at a time when funding for logistics and supply chain management startups has seen a sharp decline. As of September 25, 2025, startups in this space have raised $5.7 billion across 469 deals, a stark contrast to the nearly $28 billion raised in 2021
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. Alvys' ability to secure substantial funding in this challenging environment underscores the potential of its innovative approach to logistics management.Founded in 2020 by Nick Darman, Alvys has developed a comprehensive transportation management system that leverages AI and automation to streamline operations for trucking companies. The platform integrates various aspects of logistics management, including dispatch, load management, tracking, driver management, billing, and payroll
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.Alvys' cloud-based platform acts as an "operating system" for supply chain operations, offering over 100 integrations with third-party software systems. This consolidation of data allows companies to make more informed decisions and operate more efficiently
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Source: Crunchbase
The startup has demonstrated remarkable growth, tripling its revenue in each of the past two years and is on track to double it again in 2025
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. Alvys boasts over 1,000 customers who have reported significant improvements in their operations:2
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Nick Darman's journey to founding Alvys was inspired by his father's struggles as a truck driver. This personal experience led him to create a solution that addresses the inefficiencies plaguing the operating systems of freight companies
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. Darman's vision is to build "the most strategic logistics and supply chain platform for enterprises that can't afford to waste time"2
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Source: SiliconANGLE
With the new funding, Alvys plans to enhance its platform further by creating additional functionality for larger carriers. This includes developing more API-based integrations, refining analytics tools, and improving compliance features. The goal is to accelerate logistics operations through faster onboarding and increased automation
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.As Alvys continues to grow and innovate, it has the potential to significantly impact the logistics industry by improving efficiency, reducing costs, and enabling smarter decision-making in real-time for carriers and brokers alike.
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