Fundz

Conveyor Raises $12.5M Series A To Offload The Most Tedious Part Of The Sales Process To Artificial Intelligence

PRIVATEOct 11, 2023

Amount Raised

$12.5 Million

Round Type

Series A

San FranciscoInformation TechnologySoftwareSecurityCyber SecuritySaaS

Investors

Cervin Ventures

Description

Conveyor, the leading AI-powered platform that streamlines, automates, and scales customer security reviews, today announced a $12.5M Series A investment round led by Cervin Ventures. The funding will be used to support Conveyor's growth, expand its team, and further advance the company's generative AI solution to accurately convey a customer's security posture in seconds instead of weeks.

Who to call at Conveyor, and when

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

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Company Information

Company

Conveyor

Location

San Francisco, California, United States

About

Conveyor is the leading generative AI-powered platform that automates and scales the most tedious parts of the sales process: customer security reviews and RFPs. Trusted by the world's top SaaS companies, Conveyor helps vendors build trust with customers while reducing the time spent on the mind-numbing task of sharing security information, answering security questionnaires, and responding to RFPs by over 90%.

AI made execution free. Knowing first is the whole game now.

Fundz sees it the moment Conveyor raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

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

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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