Logistics Startup Alvys secures $40 million in funding.

Alvys, an AI-powered logistics startup, secured $40 million in Series B funding led by RTP Global, bringing total funding to $77 million, according to the company.

However,the startup has declined to reveal its post-money valuation, saying it was an “up round”, a significant sign of investor confidence in the current tight market.

Nick, the company’s co-founder and CEO, comes from a family deeply rooted in the trucking industry, providing him with firsthand experience of the field. He began his career by starting an asset-based brokerage firm in 2014, where he noticed the lack of suitable software solutions for companies like his and his family's.

Together with his co-founder Leo Gorodinski, they founded Alys.

The company's software allows freight companies to transform complex operations into one cohesive unit that operates with increased visibility and clarity.

Their recent raise has come at an unprecedented time when funding for logistics startups has been drying up.. As of September 2025, startups in the logistics space have only managed to secure $5.7 billion in funding across 469 deals, way below 2021 levels, when startups raised a record $28 billion across 1,554 deals.

Alvys has managed to triple its revenue in the past 2 years and is on track to double its revenue again this year, according to Nick.