What is Convey?
Founded in 2013 and headquartered in Austin, Texas, Convey operates within the supply chain management technology space. The company specializes in enhancing logistics operations through predictive pre-purchase delivery date capabilities, intelligent outcome-based execution, shopper communication tools, exception management, and comprehensive transportation analysis. Convey's technology aims to streamline complex supply chains, providing businesses with greater visibility and control over their delivery processes.
How much funding has Convey raised?
Convey has raised a total of $18.3M across 4 funding rounds:
Angel/Seed
$2.8M
Series A
$4.5M
Series B
$10M
Debt
$1M
Angel/Seed (2014): $2.8M with participation from Silverton Partners and Capital Factory companies
Series A (2016): $4.5M led by Silverton Partners, Capital Factory companies, and Corsa Ventures
Series B (2018): $10M, investors not publicly disclosed
Debt (2020): $1M featuring PPP
Key Investors in Convey
Silverton Partners
Silverton Partners is an early-stage venture capital firm based in Austin, Texas, known for investing in technology-driven companies with strong competitive advantages. They are recognized as a leading venture capital firm in Texas, actively supporting entrepreneurs with long-term strategic partnerships.
Capital Factory companies
Capital Factory is a prominent entrepreneurship hub in Texas, connecting startups with essential resources, networks, and investors. It is recognized as one of the most active investors in the region, fostering a dynamic ecosystem for innovation.
Corsa Ventures
Corsa Ventures is an early-stage venture capital firm based in Austin, Texas, that focuses on technology and consumer companies. They leverage extensive networks and operational experience to support the growth of innovative businesses.
What's next for Convey?
The recent major strategic investment signals a pivotal phase for Convey, likely indicating a move towards scaling operations and expanding market reach. With a history of securing various funding rounds, including Series A, Series B, and debt financing, Convey has demonstrated a consistent ability to attract capital. This latest backing is expected to empower the company to further innovate its predictive analytics and execution platforms, potentially solidifying its leadership in the competitive supply chain technology market and driving significant advancements in delivery management.
See full Convey company page
