Convex Raises $39M Series B Funding Round
SAN FRANCISCO, CA, Convex, the software platform leading the commercial services industry's digital-first revolution, has raised $39 million in Series B financing.
The round was led by Fifth Wall, Emergence Capital, and GGV with participation from UP2398, 1984 Ventures, Soma Capital, and former ServiceMax CEOs Scott Berg and David Yarnold. The Series B follows a previously unannounced $17 million Series A in 2020 led by Emergence Capital, with participation from Y Combinator, 1984 Ventures, UP2398, and the founders of PlanGrid. Convex previously raised $4 million in seed funding. The new financing will be used to expand hiring, scale its Atlas software platform, and develop new products.
Founded in 2017, Convex is a trusted provider of powerful, unique, and data-rich software designed by and for the commercial service businesses industry. Unlike spreadsheets and generic solutions, Convex's software leverages a powerful combination of geographic data and easy-to-use software that digitally transforms organizations into efficient, winning teams. The Convex team is based in San Francisco and includes industry experts and leading technologists. With a mission to serve as the most important partner to digital-first commercial services businesses, Convex helps sales representatives, managers, and executives in the commercial services industry reach and exceed their goals.
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