Alvys closed a $40M Series B in September 2025 led by RTP Global, though the company has not disclosed its post-money valuation from this round. RTP Global had previously invested in the company's earlier funding stages. The company says it serves 1,000+ customers and has tripled revenue in each of the past two years, aiming to double again in 2025.

The company raised a $20.5M Series A in July 2024 led by Titanium Ventures, with participation from RTP Global, Bonfire Ventures, and Picus Capital. Prior to that, Alvys secured a $6.3M seed round in June 2023 led by Bonfire Ventures with RTP Global participating.

Across these three primary funding rounds, Alvys has raised $77M in total venture capital. Alpha Square Group also participated in the Series B alongside the returning investors.

Alvys is a cloud-based transportation management system that consolidates the entire freight workflow into a single browser interface and mobile app. The platform eliminates the need for trucking companies and freight brokers to juggle multiple software tools by integrating dispatch, load management, tracking, billing, and compliance into one system.

The core workflow starts when a rate confirmation or EDI tender arrives. Alvys Intelligence uses OCR and EDI processing to automatically create load records from these documents. Dispatchers then use a drag-and-drop Gantt board where AI suggests optimal driver assignments based on hours-of-service regulations, current location, and vehicle maintenance status.

Once assigned, loads push directly to the driver's mobile app with pickup details, navigation, and pay information. The app eliminates traditional check-calls by letting drivers update delivery status and snap photos of Bills of Lading, which get automatically enhanced into proper document scans.

Real-time GPS and ELD data feeds into Alvys' asset tracking map, while shippers receive branded tracking URLs to monitor their freight. Upon delivery, all documents flow into the load folder where the accounting module automatically generates invoices, processes fuel card settlements, and posts journal entries to the customer's existing accounting system through API connections.

The platform includes native EDI capabilities and over 120 turnkey integrations with load boards like DAT and Truckstop, telematics providers, fuel card systems, and accounting software. This eliminates per-transaction fees from third-party EDI providers while enabling users to search, bid, and book loads without leaving the Alvys interface.

Alvys operates as a B2B SaaS platform targeting small-to-mid-market trucking companies and freight brokers. The company uses load-based pricing rather than per-user licensing, allowing customers unlimited users and subsidiaries under a single account.

This pricing model scales with customer activity rather than headcount, making it attractive to growing logistics companies that need to add dispatchers, drivers, and back-office staff without increasing software costs. The load-based structure also aligns Alvys' revenue growth with customer business expansion.

The platform is delivered entirely through the cloud with no on-premise servers required. Customers can onboard within days rather than the months typically required for legacy TMS implementations, and Alvys offers month-to-month contracts instead of multi-year commitments.

Alvys maintains gross margins in the mid-60s to high-70 percent range due to data licensing costs from third-party providers integrated into the platform. Customers can connect their own data vendor licenses to bypass these costs, while others flow through Alvys' wholesale relationships with providers like DAT, Truckstop, and various telematics companies.

The business model creates natural expansion as customers increase their freight volume and begin using more advanced features like automated accounting integrations, compliance monitoring, and AI-powered dispatch optimization. The unlimited user structure encourages broader adoption within customer organizations, increasing switching costs and customer lifetime value.

Rose Rocket represents Alvys' most direct competition in the cloud-native TMS space, having raised $69M total funding to target mid-market fleets. Rose Rocket uses per-user pricing rather than load-based pricing, which can be cheaper for low-volume customers but becomes expensive as fleets scale.

LoadOps positions itself as a Smart TMS with per-driver pricing around $55-75 monthly and focuses heavily on integrations with DAT and Truckstop load boards. The company recently upgraded its interface and analytics capabilities to compete more directly with Alvys in the mid-market segment.

Truckbase targets smaller 10-50 truck fleets with zero-data-entry AI and SMS-based dispatch, competing primarily on simplicity and cost. However, it lacks the built-in EDI and multi-division controls that Alvys uses to serve larger customers.

OpenRoad TMS emerged from GP Transco, a 550-truck carrier that productized its internal system in 2023. This gives OpenRoad deep credibility with asset-based fleets and native maintenance and safety modules, but limits its brokerage functionality compared to Alvys' broader platform.

Traditional carriers increasingly view their internal TMS systems as potential revenue sources, creating competition from operators who understand fleet workflows intimately but lack the dedicated go-to-market resources of pure software companies.

Tailwind, now owned by WiseTech, offers three SaaS tiers from $69-139 per user monthly but has faced support issues following its 2023 acquisition. These challenges have created opportunities for Alvys to win frustrated customers seeking better service and native EDI capabilities.

AscendTMS uses a freemium model where partners subsidize up to 12 months of service, creating the lowest barrier to entry but limiting customization options. The company relies heavily on upselling factoring and insurance services rather than pure software revenue.

Alvys Intelligence represents the company's move up-stack from workflow automation to AI-driven decision support. The module includes document reading, bulk load importing, and upcoming Dispatch Assist features that automatically match loads to drivers while optimizing for empty miles and hours-of-service compliance.

Embedded payments through native fuel card integrations with EFS, Comdata, and Relay Payments position Alvys to capture interchange revenue and offer working capital products. The platform already automates fuel reconciliation and payroll deductions, creating a foundation for fuel advances and factoring services.

Advanced compliance and safety tools funded by the Series B could evolve into digital driver qualification files, ELD data ingestion, and predictive maintenance scheduling. These capabilities would allow Alvys to compete with specialized compliance software while maintaining its integrated platform advantage.

The unlimited-user pricing model and API-first architecture lower switching costs for enterprise fleets and hybrid broker-carriers outgrowing legacy on-premise systems. While Alvys currently serves over 1,000 companies, the US market includes roughly 740,000 active motor carriers.

Private fleet opportunities represent significant expansion potential as shippers with dedicated trucking operations currently rely on manual spreadsheets or basic broker portals. Alvys' native EDI, real-time visibility, and accounting integrations directly address private fleet pain points.

The platform's marketplace integrations and multi-currency capabilities position it for cross-border freight between the US, Canada, and Mexico, where PC*Miler mileage calculations and US fuel card integrations are already standard requirements.

European road freight represents a $4-5B TMS market that remains fragmented and under-penetrated by modern SaaS solutions. Alvys' cloud architecture and marketplace integration approach could replicate in Europe once compliance modules adapt to ADR regulations and cabotage rules.

The company's AI-driven approach to document processing and load optimization addresses universal logistics challenges that extend beyond North American trucking, creating potential for broader international expansion as the platform matures.

Competitive pressure: The TMS market is experiencing intense competition from both well-funded startups and legacy players releasing cloud editions with aggressive SMB pricing. As venture funding tightens, competitors may resort to unsustainable pricing to maintain growth, pressuring Alvys' margins and customer acquisition costs.

Economic sensitivity: Trucking and freight brokerage revenues correlate directly with economic activity and freight volumes. A recession or sustained downturn in manufacturing and retail could force customers to reduce fleet sizes, delay software investments, or switch to cheaper alternatives, directly impacting Alvys' load-based revenue model.

Integration complexity: Alvys' value proposition depends heavily on maintaining 120+ integrations with load boards, telematics providers, fuel cards, and accounting systems. Changes to third-party APIs, pricing models, or partnership terms could disrupt core platform functionality and require significant engineering resources to maintain seamless operations.