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Convey has raised $38 million in Series A funding led by A16z to automate repetitive office work, with participation from Khosla Ventures and Pear VC.

PRIVATEJun 17, 2026•about 2 months ago

Amount Raised

$38 Million

Round Type

Series A

Fort LauderdaleInformation TechnologyHealth Careinformation technology & services

Investors

Pear VcKhosla VenturesAndreessen Horowitz

Description

Convey, a startup building AI 'teammates', has secured $38 million in Series A funding led by Andreessen Horowitz. The funding will help automate repetitive office tasks for companies, enhancing productivity. Notable clients include NBCUniversal and Unity. Co-founder Rohan Chopra emphasizes the importance of shifting from 'agent' to 'teammate' roles.

Company Information

Company

Convey

Location

Se 3Rd Avenue

Fort Lauderdale, Florida, United States

About

Convey is a specialized healthcare technology and services company that is committed to providing clients with healthcare-specific, compliant member support solutions utilizing technology, engagement, and analytics. Convey's administrative solutions for government-sponsored health plans help to optimize member interactions, ensure compliance, and support end-to-end Medicare processes. By combining its best-in-class, built-for-purpose technology platforms with dedicated and flexible business process solutions, Convey creates better business results and better healthcare consumer experiences on behalf of business customers and partners. Convey's clients include some of the nation's leading health insurance plans and pharmacy benefit management firms. Their healthcare-focused teams help several million Americans each year to navigate the complex Medicare Advantage and Part D landscape. To learn more about Convey, please visit www.ConveyHealthSolutions.com.

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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