Convex

Richardson, United States Founded: 2017 • Age: 9 yrs Acquired By ServiceTitan
CRM software is provided for construction professionals.
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About Convex

Convex is a company based in Richardson (United States) founded in 2017 by Brandon Dement was acquired by ServiceTitan in April 2024. It operates as a SaaS (Software-as-a-Service), and Data-as-a-Service. Convex has raised $56.15 million across 3 funding rounds from investors including ServiceTitan, Fifth Wall and Emergence Capital. Convex offers products and services including Atlas, Engage, Data Licensing, and Target Signals. Convex operates in a competitive market with competitors including Procore, Nemetschek Group, Apollo, Beekeeper and JobNimbus, among others.

  • Headquarter Richardson, United States
  • Founders Brandon Dement
  • Sectors
    Technology
    Real Estate & Construction
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Convex Labs Inc
Operational Areas
Technology → Enterprise Software & Productivity Solutions
Real Estate & Construction → Property Technology (PropTech)
Technology → Marketing, Adtech & Commerce Technology
Real Estate & Construction → Property Technology (PropTech)
Technology → Enterprise Software & Productivity Solutions
Technology → Cloud, Data & Analytics Infrastructure
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $56.15 M (USD)

    in 3 rounds

  • Latest Funding Round
    $39 M (USD), Series B

    Oct 12, 2021

  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    ServiceTitan

    (Apr 02, 2024)

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Products & Services of Convex

Convex offers a comprehensive portfolio of products and services, including Atlas, Engage, Data Licensing, and Target Signals. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Properties are mapped to identify ideal customer criteria.

Outreach to decision-makers is streamlined within the platform.

Commercial property data is provided for business use.

Active leads are identified for sales team focus.

People of Convex
Headcount 50-200
Employee Profiles 4
Board Members and Advisors 1
Employee Profiles
People
Jose Manuel Hidalgo Pérez
Software Engineer
People
Humair Burney
Lead Product Manager, Data Platform & Products
People
FAHAD KOCHAN KOKKAL
Business Development Manager
People
Miguel Diaz
Business Development Team Lead

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Board Members and Advisors
people
Kevin Spain
Director

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Funding Insights of Convex

Convex has successfully raised a total of $56.15M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $39 million completed in October 2021. 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.

  • Total Funding
  • Total Rounds 3
  • Last Round Series B — $39.0M
  • First Round

    (01 Jun 2019)

  • Investors Count 9
Date Amount Transaction Name Valuation Lead Investors Investors
Oct, 2021 Amount Series B - Convex Valuation Fifth Wall , Emergence Capital
Mar, 2020 Amount Series A - Convex Valuation Emergence Capital
Jun, 2019 Amount Seed - Convex Valuation Y Combinator
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Convex

Convex has secured backing from 10 investors, including venture fund and angel investors. Prominent investors backing the company include ServiceTitan, Fifth Wall and Emergence Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Angel
Investor Description Founded Year Domain Location
Investments are made in early-stage tech startups by Fifth Wall.
Founded Year Domain Location
Tech focused Early and growth stage VC firm investing in the US
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Convex

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Convex

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Convex Comparisons

Employees
+
Add Comparison
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Competitors of Convex

Convex 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 Procore, Nemetschek Group, Apollo, Beekeeper and JobNimbus, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
SaaS project management software is provided for construction professionals.
domain founded_year HQ Location
Provider of management solutions for the construction sector
domain founded_year HQ Location
Lead management platform with analytics and engagement tools is provided.
domain founded_year HQ Location
Enterprise communication platform is offered for multiple industries.
domain founded_year HQ Location
Cloud-based CRM and project management software for contractors is provided.
domain founded_year HQ Location
Hover is recognized for providing construction and renovation software solutions.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Convex

Yurtle launches insurance for working parents and carers
Lifeinsuranceinternational10 months ago
Paul Brand takes over as CEO of Convex
Reinsurancene3 years ago
Convex Raises $39M in Series B Funding
Finsmes4 years ago

Frequently Asked Questions about Convex

When was Convex founded?

Convex was founded in 2017 and raised its 1st funding round 2 years after it was founded.

Where is Convex located?

Convex is headquartered in Richardson, United States. It is registered at Richardson, Texas, United States.

Is Convex a funded company?

Convex is a funded company, having raised a total of $56.15M across 3 funding rounds to date. The company's 1st funding round was a Seed of $150K, raised on Jun 01, 2019.

What does Convex do?

Convex is recognized as a provider of sales intelligence software tailored for commercial service companies. Solutions are developed to assist sales and marketing leaders in accelerating revenue growth. Key industries served include HVAC, security, facilities management, and more. Tools such as Atlas, Engage, and Target Signals are offered to help identify prospects, build contact lists, and focus on active leads. Integration with CRM systems is supported, alongside features like AI email assistance and mobile prospecting. The platform is designed to streamline go-to-market strategies and enhance outreach efficiency.

Who are the top competitors of Convex?

Convex's top competitors include Procore, Apollo and Beekeeper.

What products or services does Convex offer?

Convex offers Atlas, Engage, Data Licensing, and Target Signals.

Who are Convex's investors?

Convex has 10 investors. Key investors include ServiceTitan, Fifth Wall, Emergence Capital, GGV Capital, and UP2398.

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