About Convictional
Convictional is a company based in Toronto (Canada) founded in 2017.. Convictional has raised $49.1 million across 4 funding rounds from investors including Tribe Capital, WndrCo and Y Combinator. Convictional offers products and services including Decision Platform, Knowledge Search, and Meeting Intelligence. Convictional operates in a competitive market with competitors including Logicbroker, ReDesyn, Blanka, Knawat and Felex, among others.
- Headquarter Toronto, Canada
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Sectors
Retail
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Email
***********
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$49.1 M (USD)
in 4 rounds
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Latest Funding Round
$40 M (USD), Series B
Feb 17, 2022
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Investors
Tribe Capital
& 11 more
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Employee Count
Employee Count
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Products & Services of Convictional
Convictional offers a comprehensive portfolio of products and services, including Decision Platform, Knowledge Search, and Meeting Intelligence. 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.
Platform for real-time collaboration and data-driven decisions
Tool for querying company data and insights
System to record, transcribe, and summarize meetings
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Funding Insights of Convictional
Convictional has successfully raised a total of $49.1M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $40 million completed in February 2022. 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 Funding
- Total Rounds 4
- Last Round Series B — $40.0M
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First Round
First Round
(19 Mar 2019)
- Investors Count 12
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2022 | Amount | Series B - Convictional | Valuation | Y Combinator | |
| May, 2021 | Amount | Series A - Convictional | Valuation |
investors |
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| Oct, 2019 | Amount | Seed - Convictional | Valuation | AME Cloud Ventures , Tribe Capital |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Convictional
Convictional has secured backing from 12 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Tribe Capital, WndrCo and Y Combinator. 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Early-stage startups are accelerated via funding and educational programs.
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Founded Year | Domain | Location | |
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Venture capital firm focused on seed and series investments
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Founded Year | Domain | Location | |
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Venture capital fund focused on multiple sectors
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Convictional
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Convictional
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Convictional Comparisons
Competitors of Convictional
Convictional 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 Logicbroker, ReDesyn, Blanka, Knawat and Felex, 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 |
Cloud-based dropshipping software is provided for e-commerce operations.
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| domain | founded_year | HQ Location |
Creators are enabled to monetize content and partner with brands.
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| domain | founded_year | HQ Location |
Dropshipping solutions are offered to private label beauty brands.
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| domain | founded_year | HQ Location |
Dropshipping solutions are provided for eCommerce product sourcing and fulfillment.
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| domain | founded_year | HQ Location |
Platform offering software solution for dropshiping business
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Convictional
Frequently Asked Questions about Convictional
When was Convictional founded?
Convictional was founded in 2017 and raised its 1st funding round 2 years after it was founded.
Where is Convictional located?
Convictional is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Is Convictional a funded company?
Convictional is a funded company, having raised a total of $49.1M across 4 funding rounds to date. The company's 1st funding round was a Seed of $2.25M, raised on Mar 19, 2019.
What does Convictional do?
B2B e-commerce platform for multi-channel selling. The platform that helps enterprise B2C retailers and B2B distributors build a digital marketplace. The companys tool allows business owners to automate the orders across the web, EDI, email, and sales teams along with the integration of existing accounting systems. Its solution offerings include order management, PIM, return management, inventory management, fulfillment tracking, invoicing, and more.
Who are the top competitors of Convictional?
Convictional's top competitors include Logicbroker, ReDesyn and Blanka.
What products or services does Convictional offer?
Convictional offers Decision Platform, Knowledge Search, and Meeting Intelligence.
Who are Convictional's investors?
Convictional has 12 investors. Key investors include Tribe Capital, WndrCo, Y Combinator, Claire Johnson, and Scott Belsky.
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