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Alvys raises $40M Series B to expand its AI-powered TMS, aiming to streamline freight operations with automation, integrations, and real-time decision support for brokers and carriers.
Alvys has raised $40 million in Series B funding to accelerate its push to automate freight operations with artificial intelligence, the company announced this week. The round was led by RTP Global with participation from Alpha Square Group, Titanium Ventures, Picus Capital, and Bonfire Ventures, bringing Alvys’ total funding to $77 million.
Founded in 2020, Alvys offers a cloud-based TMS that integrates dispatch, load management, tracking, billing, and driver management into one platform. By embedding AI into each layer, the system is designed to reduce manual work and give brokers and carriers real-time decision support.
“Our goal is simple: keep building Alvys to be the most strategic solution for an industry where businesses, teams, and individuals can’t afford to waste time,” said Nick Darman, founder and CEO of Alvys. “We’re scaling enterprise-grade solutions with AI at the core. That means using AI, automation, and integrations to remove wasted steps, give teams smarter decision-making in real time, and help carriers and brokers grow their operations and their profit margins without adding overhead.”
The company said the new capital will fund expanded enterprise functionality, including advanced API integrations, compliance tools, and refined analytics, while streamlining automation for mid-market customers.
Backing from RTP Global signals strong belief in Alvys’ potential to become a central platform for freight. “We invested in Alvys because it combines a best-in-class TMS with the ambition to become logistics’ operating system,” said Julius Schwerin, Partner at RTP Global. “Alvys rewires how loads are sourced, dispatched, and reconciled. With 120+ integrations, native EDI, and built-in routing, freight companies move more loads with fewer tabs. That’s the blueprint we back.”
Alvys points to customer results as validation of its platform. Clients using the system report a 28% increase in monthly loads, a 9% revenue boost, and 90% faster accounting cycles. Additional benefits include 80% less manual data entry and time savings across dispatch and administrative workflows.
The freight sector continues to face pressure from shrinking margins, digitalization, and fluctuating capacity. With its latest round of funding, Alvys is positioning itself as a cornerstone solution for carriers and brokers seeking operational efficiency and scalable growth.
Source: FreightWaves | Alvys
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