What is Convelio?
Convelio operates as a comprehensive logistics provider, leveraging technology to streamline the global shipping of high-value and fragile items. Its end-to-end service encompasses meticulous packing, secure storage, customs clearance, insurance, and direct delivery. The company's digital platform offers instant quotations and real-time shipment tracking, enhancing transparency and efficiency for galleries, auction houses, collectors, and other professionals within the art and design industries. Convelio's mission is to make complex fine art logistics more accessible and manageable through its innovative operational workflows.
How much funding has Convelio raised?
Convelio has raised a total of $44.9M across 2 funding rounds:
Series A
$9.9M
Other Financing Round
$35M
Series A (2020): $9.9M with participation from Acton Capital and Global Founders Capital
Other Financing Round (2022): $35M led by Mundi Ventures, Forestay Capital, Global Founders Capital, and Acton Capital
Key Investors in Convelio
Mundi Ventures
Mundi Ventures is an investment firm that supports bold and purpose-driven founders in various sectors including deep tech, insurtech, fintech, and climate tech. They focus on backing innovative entrepreneurs who are building solutions for significant challenges.
Forestay Capital
Forestay Capital is an investment firm focused on providing growth capital to category-defining companies in the Enterprise AI SaaS sector. They support their portfolio from early revenue stages towards market leadership across various industries.
Global Founders Capital
Global Founders Capital is a global early-stage investor that empowers gifted entrepreneurs by backing them from pre-seed to IPO. With a track record of supporting over five hundred entrepreneurs worldwide, including notable companies like Facebook and LinkedIn, GFC focuses on category-defining ventures.
What's next for Convelio?
With its recent major enterprise-level funding, Convelio is poised for accelerated growth and further technological development. The company is expected to enhance its platform capabilities, expand its service offerings, and potentially broaden its geographical footprint. This strategic investment will likely enable Convelio to solidify its market leadership by offering more sophisticated solutions for the unique challenges of shipping high-value and fragile goods, reinforcing its commitment to innovation and customer service in the specialized logistics domain.
See full Convelio company page
