Fundz

Convene Announces Strategic Investment Led By Hbc And Ares Management

PRIVATEApr 12, 2022

Round Type

Corporate Round

New YorkMedia And EntertainmentEventsTravel And Tourism

Description

Convene, the leading hybrid meeting, event, and workspace provider, announced today that it has completed its recapitalization plan, led by HBC, a holding company at the intersection of real estate, technology and retail, and a fund managed by the Private Equity Group of Ares Management Corporation (“Ares”) (NYSE: ARES), a leading global alternative investment manager.

Quick answer

Convene raised an undisclosed amount in a Corporate Round round, dated April 12, 2022. Convene is based in New York, United States.

How much did Convene raise?
Convene raised an undisclosed amount in a Corporate Round round on April 12, 2022.
What does Convene do?
Convene is a premium hospitality company that designs and operates meeting, event, flexible office, and membership spaces.
Where is Convene based and how big is it?
Convene is based in New York, United States.
Who are the decision-makers at Convene?
Fundz holds 1 contact at Convene. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Media And Entertainment and Events around the same time

Companies in the same sectors as Convene that raised within 45 days of this round, from Fundz verified event records.

  • B2Digital, Inc. raised $66K (Seed) on May 20, 2022.
  • Exela raised an undisclosed amount (Funding Round) on May 9, 2022.
  • B2Digital, Inc. raised $270K (Seed) on May 6, 2022.
  • B2Digital, Inc. raised $270K (Seed) on April 18, 2022.
  • B2Digital, Inc. raised $120K (Seed) on March 16, 2022.
  • B2Digital, Inc. raised $270K (Seed) on March 2, 2022.

Who to call at Convene, and when

A new round usually means Convene is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Convene raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Convene, from your own LinkedIn network

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Company Information

Company

Convene

Location

New York, United States

About

Convene is a premium hospitality company that designs and operates meeting, event, flexible office, and membership spaces. With a network of 38 locations across nine cities in the U.S. and UK, Convene thoughtfully combines beautiful yet intuitive design, fully-integrated technology services, and a warm and welcoming environment to create a turnkey solution for extraordinary meeting and work experiences. Founded in 2009 with the goal of bringing hospitality and lifestyle into traditional commercial real estate assets, Convene partners with the industry’s top landlords to deliver increased value to their assets and premium experiences to their tenants. The company counts Hudson’s Bay Company, Ares, and RXR Realty among its investors and has been named one of America’s 100 Most Promising Companies by Forbes and a Best Workplace by Inc. magazine, Fortune magazine, and Built In. Learn more at https://convene.com/

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Convene raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.