What is Convo?
Convo is a privately-held company based in Los Altos, CA, focused on revolutionizing work interactions. It uniquely combines social networking ease with robust collaboration capabilities, aiming to simplify and optimize communication for all employees, thereby reducing reliance on email. By facilitating secure conversations between desk and non-desk workers, Convo is designed to accelerate company productivity and enhance employee engagement.
How much funding has Convo raised?
Convo has raised a total of $5M across 1 funding round:
Series A
$5M
Series A (2013): $5M with participation from Morgenthaler Private Equity
Key Investors in Convo
Morgenthaler Private Equity
Morgenthaler Private Equity is a venture capital and private equity firm with extensive experience in creating valuable companies, specializing in Information Technology and Life Sciences investments. They provide growth capital to entrepreneurs and businesses.
What's next for Convo?
The recent major strategic investment signals a pivotal growth phase for Convo. This capital infusion is expected to fuel further development of its unified communication platform and expand its market reach. The company's focus on bridging communication gaps for both desk and non-desk employees positions it for significant traction in the enterprise collaboration software market, potentially leading to further scaling and market penetration.
See full Convo company page