How Much Did Convey Raise?
Funding & Key Investors

Convey, a prominent player in the supply chain management technology sector, has successfully navigated multiple rounds of financing to reach its current enterprise-level status. With a cumulative capital raise of $18.3M, the company has demonstrated a robust growth trajectory since its inception in 2013. The most recent infusion of capital, totaling $1M, underscores the market's confidence in Convey's proprietary approach to predictive delivery and intelligent logistics execution.

This strategic investment marks a significant milestone for the Austin-based firm, providing the necessary resources to scale its operations and further refine its suite of supply chain visibility tools. By securing this latest round of financing, Convey is well-positioned to address the increasing complexities of global commerce and the heightened consumer demand for transparent, outcome-based delivery experiences.

What is Convey?

Convey
SoftwareSupply Chain Management (SCM) Software

Founded in 2013 and headquartered in Austin, Texas, Convey has established itself as a critical infrastructure provider for modern retail and logistics. The company specializes in predictive pre-purchase delivery dates, intelligent outcome-based execution, and comprehensive exception management. By integrating transportation analysis with real-time shopper communication, Convey enables enterprises to transform their delivery operations from a cost center into a competitive advantage. Its platform serves as a vital bridge between complex logistics networks and the end-consumer, ensuring that delivery promises are met with precision and transparency.

How much funding has Convey raised?

Convey has raised a total of $18.3M across 4 funding rounds:

2014

Angel/Seed

$2.8M

2016

Series A

$4.5M

2018

Series B

$10M

2020

Debt

$1M

Angel/Seed (2014): $2.8M with participation from Capital Factory companies and Silverton Partners

Series A (2016): $4.5M led by Silverton Partners, Corsa Ventures, and Capital Factory companies

Series B (2018): $10M, investors not publicly disclosed

Debt (2020): $1M featuring PPP

Key Investors in Convey

Silverton Partners

Silverton Partners is a leading early-stage venture capital firm based in Austin, Texas, specializing in investing in companies that leverage technology to create significant barriers to entry.

Capital Factory companies

Capital Factory serves as a hub for entrepreneurs, programmers, and designers, providing resources, networks, and support to help startups thrive.

Corsa Ventures

Corsa Ventures is an early-stage venture capital firm based in Austin, Texas, focusing on investment opportunities in technology and consumer companies across the US.

What's next for Convey?

With the backing of major institutional investors, Convey is poised to accelerate its product roadmap and expand its market footprint. The current funding context suggests a focus on deepening its predictive analytics capabilities and enhancing its intelligent execution engine to handle the volatility of modern supply chains. As the company moves into its next phase of maturity, it will likely prioritize strategic partnerships and potential platform integrations to solidify its position as a leader in the logistics technology space. The focus remains on driving operational efficiency for large-scale retailers while maintaining the high-touch communication standards that have become the hallmark of the Convey platform.

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Frequently Asked Questions Regarding Convey Financial Insights

What are the most recent funding rounds that Convey has completed, and what were the funding rounds?
Convey has recently completed 3 funding rounds: Debt on Jun 26, 2020, Series B on Jun 19, 2018, Series A on Jun 29, 2016.
What is the total amount of funding Convey has raised to date?
Convey has raised a total of $18.3M in funding to date.
How many funding rounds has Convey completed?
Convey has completed 3 funding rounds.
How much funding did Convey raise in its most recent funding round?
Convey raised $1M in its most recent funding round.
Who are the lead investors in Convey's latest funding round?
The lead investor in Convey's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Convey's history?
The largest funding round in Convey's history was $10M.
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