Alvys Secures $40 Million Series B to Accelerate AI-Powered Freight Management
Alvys has announced the close of its $40 million Series B funding round, led by RTP Global with participation from Alpha Square Group, Titanium Ventures, Picus Capital, and Bonfire Ventures. This brings the company’s total funding to $77 million, only a year after securing its Series A, signaling strong investor confidence and rapid market traction.
The company positions itself as a next-generation Transportation Management System (TMS), built with AI and automation at its core. Founder and CEO Nick Darman emphasized that Alvys’ mission is to eliminate wasted time in freight operations and scale enterprise-grade solutions that empower carriers and brokers to move faster, make smarter decisions, and increase profit margins without expanding overhead. By embedding AI across workflows, Alvys aims to provide ROI in weeks rather than years, a promise that resonates in an industry where operational efficiency is critical.
Investor Julius Schwerin of RTP Global highlighted that Alvys is on its way to becoming “logistics’ operating system,” pointing to its 120+ integrations, native EDI, and built-in routing capabilities. These features allow freight companies to handle more loads with fewer manual processes, turning what was once a patchwork of fragmented systems into a unified, intelligent platform.
The company’s impact is already quantifiable. Customers have reported a 28% increase in monthly loads, a 9% boost in revenue, and drastic efficiency gains—such as 90% faster accounting, an 80% reduction in data entry, and hours saved each week in dispatch and administration. With the new funding, Alvys plans to strengthen enterprise functionality for large carriers, speed onboarding and automation for mid-market fleets, and expand compliance, analytics, and integration capabilities to support scalability.
In a transportation sector defined by time sensitivity and thin margins, Alvys’ trajectory shows how AI-driven automation is reshaping the way freight moves, managed not by adding people and processes, but by refining them into smarter, faster, and more transparent systems.