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Conveo raises $50M in Series A funding from DST Global Partners, Balderton, Visionaries, 6 Degrees Capital, and Y Combinator to drive U.S. expansion.

PRIVATESep 02, 20265 days ago

Amount Raised

$50 Million

Round Type

Series A

San FranciscoSoftwareArtificial IntelligenceAnalyticsMachine Learning

Investors

Y Combinator6 Degrees CapitalVisionariesBaldertonDst Global Partners

Description

Conveo has announced a $50 million Series A funding round to support its growth in the U.S. market. The funding will help Conveo evolve into an essential infrastructure for understanding consumer behavior for large brands. This round has brought the company's total funding to $55.8 million

Company Information

Company

Conveo

Location

San Francisco, California, United States

About

Conveo, founded in April 2024, is developing an AI-powered research coworker that provides deep customer insights through AI-moderated video interviews. The platform aims to make qualitative research faster and more cost-effective by automating various research processes. It allows businesses to access insights instantly, reducing the time and effort required for traditional research methods. Conveo helps ensure diverse representation in research participant demographics.

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Funding Insights

Based on industry data
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months
Monthly burn rate benchmark
47% of Series A startups spend $400k or more per month on operations
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

Conveo 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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