The convoy

The convoy

The Convoy combines the buying power of small and independent businesses to negotiate special offers on everyday business products and services. Learn more

Financials

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Revenues, earnings & profits over time
USD20222023
Revenues<1m<1m
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DateInvestorsAmountRound
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$1.0m

Seed
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Seed
Total Funding€909k

Recent News about The convoy

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The Convoy is a startup focused on helping small and independent businesses save money on everyday expenses. By leveraging the collective buying power of its members, The Convoy negotiates special offers and discounts on a wide range of business products and services. This allows small businesses to access deals that would typically be available only to larger corporations with more significant purchasing power.

The Convoy operates in the business-to-business (B2B) market, specifically targeting small and medium-sized businesses (SMBs). These clients benefit from cost savings on essential items and services they need to run their operations, such as office supplies, software, and other business-related expenses.

The business model of The Convoy is straightforward and highly appealing to its target market. Membership is free, with no hidden fees or catches. This no-cost entry point encourages SMBs to join and take advantage of the savings opportunities available. The Convoy makes money through partnerships and agreements with suppliers and service providers, who offer discounts to The Convoy's members in exchange for increased business volume.

In summary, The Convoy provides a valuable service to small and independent businesses by helping them reduce their operational costs through collective bargaining. This approach not only supports the financial health of these businesses but also fosters a sense of community and shared success among its members.

Keywords: cost-saving, small businesses, collective buying, discounts, B2B, free membership, operational expenses, supplier partnerships, SMBs, financial health.