Envoy AI

Name

Envoy AI

Legal name

FreightMind AI, Inc.

Website

https://tryenvoy.ai

Company type

Private

Founded year

2025

Operating status

Operating

Ownership category

akta.pro rank

Headquarters

HQ city

San Francisco

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure

Revenue model

1. SaaS Subscription: Annual subscription model with capacity-based tiers. Billed monthly in arrears with overage fees for usage exceeding stated capacity. Order Forms define term, fees, and specific terms. Renewal terms are 12-month periods.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels5 records

Core offering

Envoy AI builds Ellie, an agentic AI execution layer that autonomously handles freight carrier sourcing, multi-channel outreach (email, SMS, voice), rate negotiation within defined guardrails, compliance verification, and inbound call handling. The product deploys as a Chrome extension that runs on top of existing TMS systems without rip-and-replace, allowing freight brokerages, BPOs, shippers/LCCs, and LSPs/3PLs to decouple load volume from headcount.

Differentiator

Problem solved

Functional benefit

Brands

• Ellie: The agentic execution layer for freight. Ellie is an autonomous AI agent that sources carriers, runs outreach over email, SMS, and voice, negotiates inside guardrails, and verifies compliance before booking.
• TOAS
• Carrier Context Graph

Products and services

• Ellie

Quantifiable outcome

• 75% of freight booked through the tool in live accounts with reps choosing Ellie as default workflow
• +3 more outcomes

Named customers1 record

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

AI capability9 records

Feature7 records

Partnerships

One partnership is on record.

• HighwaycoreTechnology or Integration · 11 September 2025Strategic integration combining Ellie's Orchestration Platform with Highway's real-time carrier data for automated inbound carrier vetting. When a carrier calls in, Ellie captures the DOT number and instantly cross-references it against Highway's compliance database and custom rulesets. Enables fully automated carrier compliance at scale with enhanced speed, accuracy, and security. Reduces risk for freight brokerage customers.

Scale indicators4 records

Recent moves4 records

Expansion highlights5 records

Direct peers

• Parade AI: Parade AI builds AI agents specifically for freight brokerages, automating carrier outreach and booking workflows. Directly comparable to Envoy's Ellie agent in product, customer base (US freight brokerages), and AI-native execution model.
• Aucto: Aucto applies AI to freight carrier procurement and load matching for brokerages and shippers. Comparable to Envoy in targeting freight broker automation, though Aucto's focus on transportation management differentiates it from Envoy's carrier-rep replacement positioning.

Broad incumbents

• Loadsmart: Loadsmart is a digital freight broker that uses AI to automate truckload pricing, booking, and capacity matching. Comparable to Envoy as an AI-enabled freight execution platform serving shippers and brokers, though Loadsmart operates as an asset-heavy broker rather than a pure software layer.
• Uber Freight: Uber Freight is a digital brokerage platform using AI for shipper-carrier matching and capacity management. Comparable as a tech-enabled freight execution platform serving enterprise shippers, but operates at much larger scale with a managed brokerage model rather than as an overlay.
• Blue Yonder: Blue Yonder is a large supply chain platform with AI-driven transportation management and execution capabilities. Comparable as an incumbent TMS and logistics execution provider, though Blue Yonder serves enterprise shippers broadly versus Envoy's focus on broker execution automation.
• MercuryGate: MercuryGate provides a TMS platform used by shippers, brokers, and 3PLs for transportation execution. Comparable as a foundational TMS that Envoy's Ellie agent operates on top of, and a potential competitor if MercuryGate builds native agentic execution capabilities.

Emerging players

• NEXT Trucking: NEXT Trucking builds AI-powered freight matching and execution tools for drayage and truckload, with mobile-first carrier engagement. Comparable in applying AI to freight execution workflows, though NEXT focuses on drayage and carrier-side engagement versus Envoy's broker-side execution layer.
• Turvo: Turvo provides a collaborative TMS platform for shippers, brokers, and 3PLs with AI-driven workflow automation. Comparable as a technology provider for freight brokerages, but Turvo positions as a system of record replacement while Envoy positions as an execution layer on top of existing TMS.
• Transfix: Transfix is a digital freight broker applying AI to carrier matching and shipment execution. Comparable in applying technology to freight execution, though Transfix operates as a managed brokerage while Envoy operates as a software overlay for existing brokers.

Others

• Highway: Highway is a carrier identity and compliance platform that integrates directly with Envoy for automated carrier vetting. Not a direct competitor but a key ecosystem partner providing the carrier data layer that Envoy's Ellie agent accesses during inbound calls and compliance verification.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Customer concentration

• LinkedInlinkedin.com/company/envoy-ai/posts/?feedView=all

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Envoy AI