About Convene
Convene is a company based in New York (United States) founded in 2009 by Azhar Quader was acquired by Hudson's Bay in April 2022. Convene has raised $495.5 million across 8 funding rounds from investors including United States Department of Agriculture, RXR and The Durst Organization. The company has 188 employees as of December 31, 2020. Convene has completed 2 acquisitions, including Bong88 and Etc Venues. Convene operates in a competitive market with competitors including WeWork, Industrious, Mindspace, Bruntwood and Selina, among others.
- Headquarter New York, United States
- Employees 188 as on 31 Dec, 2020
- Founders Azhar Quader
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Sectors
Real Estate & ConstructionTechnology
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Sentry Centers Holdings Llc
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$495.5 M (USD)
in 8 rounds
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Latest Funding Round
Not available
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Investors
United States Department of Agriculture
& 14 more
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Employee Count
188
as on Dec 31, 2020
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Investments & Acquisitions
Bong88
& 1 more
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Acquired by
Hudson's Bay
(Apr 12, 2022)
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People of Convene
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Funding Insights of Convene
Convene has successfully raised a total of $495.5M across 8 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Convene
Convene has secured backing from 15 investors, including institutional and venture fund investors. Prominent investors backing the company include United States Department of Agriculture, RXR and The Durst Organization.
| Investor | Description | Founded Year | Domain | Location |
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Revolution is recognized as a D.C.-based investment firm.
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Locked | Locked | Locked | |
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Focus is placed on real estate and renewable energy investments.
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Locked | Locked | Locked | |
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Develops & builds residential & commercial buildings backed by the Durse Family
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Locked | Locked | Locked |
Investor details for Convene
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Investments & Acquisitions by Convene
Convene has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Bong88 and Etc Venues.
Investment portfolio details for Convene
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Office workplace solutions are provided by Beco in Boston.
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Locked | Locked | 2015 | Locked | |
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Meeting and Hybrid Event Specialists in UK and US | etc.venues
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Locked | Locked | 1992 | Locked |
Complete acquisition details for Convene
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Financial Statements - Convene
Detailed financials for Convene
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Convene Comparisons
Peer comparison for Convene
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Competitors of Convene
Convene operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as WeWork, Industrious, Mindspace, Bruntwood and Selina, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Flexible office and coworking spaces are provided by WeWork globally.
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Flexible workspace solutions are provided for teams and individuals.
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Managed co-working spaces are provided for users and landlords.
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Real estate development and management are conducted for commercial properties.
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| Locked | Locked | Locked |
Online platform for booking hostel accommodation and co-working spaces for travelers
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Detailed competitors of Convene
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Latest news on Convene
Complete news archive for Convene
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Frequently Asked Questions about Convene
Convene was founded in 2009 and raised its 1st funding round 4 years after it was founded.
Convene is headquartered in New York, United States. It is registered at New York, New York, United States.
Convene is a funded company, having raised a total of $495.5M across 8 funding rounds to date.
As of Dec 31, 2020, the latest employee count at Convene is 188.
Convene was founded in 2009 in New York, United States, as a provider in the co-working sector. Operations focus on managed spaces for offices, meetings, and events, with amenities including WiFi, refreshments, and catering services. Conference rooms and training facilities are available to clients such as IBM, BOMBAS, and BVN, supporting professional activities across various needs.
Convene's top competitors include WeWork, Industrious and Bruntwood.
Convene has made 2 acquisitions, including Bong88, and Etc Venues.
Convene has 15 investors. Key investors include United States Department of Agriculture, RXR, The Durst Organization, Brookfield Asset Management, and QuadReal.