Konvoy launched in October 2019 and operates a keg rental and management business focused on the Australia–New Zealand beverage market. Its core product is a keg fleet plus technology to manage rentals and operations. The company has expanded into New Zealand and has grown its team, including hiring Tom Madams earlier this year. Operations were hit by COVID-19 — Konvoy had no kegs rented in April and May — but activity rebounded in June and July, with July its best month ever and 26 new customers added. The business plans to use new capital to buy more kegs, invest further in its technology, and build cash reserves to weather volatility.

Total raised

$8M

Funding rounds

1

Latest round

Equity

Latest activity

Aug 2020