Tech startups, founded with the idea of using Uber style technology to reinvent last mile freight, have raised about $120 million since the beginning of 2015. Convoy received the most attention. The company raised $18.5 million since last October. Big name investors such as Jeff Bezos, the CEO of Amazon, Salesforce.com CEO Marc Benioff, Expedia CEO Dara Khosrowshahi, Dropbox CEO Drew Houston, former Starbucks President Howard Behar, KKR CEO Henry Kravis, and eBay founder Pierre Omidyar all invested in the company.

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