Alvys
“Can a modern, AI-native TMS become the operating system for freight carriers, brokers, and hybrids?”
Founded2020
HQSolana Beach, California, United States
FoundersNick Darman
Total raised$77M
Latest roundSeries B, September 2025
Valuationundisclosed (up round)
IndustryVertical SaaS / Logistics
The story
Founded in 2020 by Nick Darman after he built an internal TMS to run his own asset-based freight brokerage. Went to market in 2022 and grew 10x in 2023 by targeting small-to-mid-size trucking operators. After raising $40M Series B in 2025 led by RTP Global, Alvys is pivoting into agentic AI with the 2026 launch of Foundry — customizable AI agents built natively into the TMS — extending from workflow automation to autonomous freight operations.
Last 12 months
Product timeline
2015
Nick Darman experiences TMS pain running his own asset-based brokerage· pivot
2017
Engineering team assembled to architect Alvys workflows· pivot
2020
Alvys founded as a modern cloud-native TMS· pivot
2022
Alvys goes to market· pivot
2024
Series A ($25.8M) led by Titanium Ventures· funding
2025
Series B ($40M) led by RTP Global· funding
2026
Launches Alvys Foundry — agentic AI platform inside the TMS· pivot
The stack
3 layers disclosed in Alvys’s embedded-finance stack
Payments / PSP
Money movement
in the full report
Accounting
in the full report
Accounting gap: none
6 more providers across 2 layers, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.