← Embedded Finance Index 2026

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

2025-09

Raised $40M Series B led by RTP Global

2026-08

Launched Alvys Foundry — customizable AI agents built natively into TMS

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

4 layers disclosed in Alvys’s embedded-finance stack

Payments / PSP

Stripe

Money movement

in the full report

Accounting

in the full report

Spend / AP

in the full report

Accounting gap: none

17 more providers across 3 layers, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.

Alvys — frequently asked

Who is Alvys's payment processor?

Alvys processes payments through Stripe. Disclosed money-movement rails: ACH.

Which accounting software does Alvys integrate with?

Alvys integrates with QuickBooks Online, QuickBooks Desktop, NetSuite, Sage Intacct and Microsoft Dynamics Business Central.

What is Alvys's embedded finance stack?

The Embedded Finance Index 2026 maps 4 layers in Alvys's stack: Payments / PSP (Stripe); Money movement (ACH); Accounting (QuickBooks Online, QuickBooks Desktop, NetSuite, Sage Intacct and 1 other); Spend / AP (Comdata, EFS, TCS, Ryder Fuel and 7 others).

Who founded Alvys?

Alvys was founded by Nick Darman and is founded in 2020, headquartered in Solana Beach, California, United States.

How much funding has Alvys raised?

Alvys has raised $77M in total (latest round: Series B, September 2025; valuation: undisclosed (up round)).

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