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 capital infusion to solidify its market position. With a cumulative total funding amount of $18.3M, the company has demonstrated a robust growth trajectory since its inception. The most recent strategic investment of $1M underscores the firm's ongoing commitment to scaling its intelligent, outcome-based execution platforms and enhancing its predictive delivery capabilities for enterprise-level clients.

This financial backing reflects investor confidence in Convey's ability to address complex logistics challenges through advanced transportation analysis and shopper communication tools. By securing consistent financing, the Austin-based firm continues to refine its technological edge in a competitive global market.

What is Convey?

Convey
SoftwareSupply Chain Management (SCM) Software

Founded in 2013, Convey operates at the intersection of logistics and software-as-a-service, providing a comprehensive suite of tools designed to optimize the post-purchase experience. The company specializes in predictive pre-purchase delivery dates, intelligent outcome-based execution, and sophisticated exception management. By leveraging data-driven insights, Convey enables retailers to maintain transparency and efficiency throughout the transportation lifecycle, effectively bridging the gap between warehouse operations and the end consumer. Its market position is defined by its ability to transform fragmented supply chain data into actionable intelligence, thereby reducing operational friction and improving customer satisfaction metrics for large-scale enterprises.

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 Silverton Partners and Capital Factory companies

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

Looking ahead, the strategic deployment of capital will likely focus on expanding Convey's footprint within the enterprise logistics ecosystem. As the demand for real-time visibility and predictive analytics continues to surge, the company is well-positioned to leverage its existing infrastructure to capture additional market share. Future growth initiatives are expected to prioritize the integration of advanced machine learning models to further refine delivery accuracy and automate complex exception handling workflows. By maintaining a focus on scalable technology and strategic partnerships, Convey aims to solidify its role as an essential component of the modern digital supply chain, ensuring that retailers can meet the evolving expectations of a globalized, on-demand economy.

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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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