About Convoke
Convoke is a company based in San Francisco (United States) founded in 2006 was acquired by Acadian Software in June 2017. It operates as a SaaS (Software-as-a-Service). Convoke has raised $8.16 million across 3 funding rounds from investors including Flybridge Capital Partners, QED Investors and Acadian Software. Convoke offers products and services including Convoke Origin, Convoke Pulse, Convoke CRM, Convoke Freeform, and Convoke Signal. Convoke operates in a competitive market with competitors including CreditNirvana, Valon Mortgage, InDebted, Clerkie and Data Sutram, among others.
- Headquarter San Francisco, United States
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Sectors
Financial Services
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Phone
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Website
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Social
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- Legal Name Convoke Systems
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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
$8.16 M (USD)
in 3 rounds
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Latest Funding Round
$887.88 K (USD), Series B
Apr 24, 2012
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Investors
Flybridge Capital Partners
& 2 more
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Employee Count
Not available
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Acquired by
Acadian Software
(Jun 01, 2017)
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Products & Services of Convoke
Convoke offers a comprehensive portfolio of products and services, including Convoke Origin, Convoke Pulse, Convoke CRM, Convoke Freeform, and Convoke Signal.
A platform for managing third-party recovery operations.
A tool for monitoring recovery vendor performance.
A system for managing recovery-related customer interactions.
A secure solution for sharing recovery files.
A tool for signaling recovery strategy adjustments.
A platform for connecting with recovery channels.
People of Convoke
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Funding Insights of Convoke
Convoke has successfully raised a total of $8.16M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $887.88 thousand completed in April 2012. 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 Convoke
Convoke has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Flybridge Capital Partners, QED Investors and Acadian Software.
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Early-stage tech startups are funded by Flybridge Capital Partners.
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Venture capital fund investing in early-stage start-ups
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Investment capital is provided by Acadian Software for SaaS businesses.
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Investor details for Convoke
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- Investor locations
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Investments & Acquisitions by Convoke
Investment portfolio details for Convoke
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Financial Statements - Convoke
Detailed financials for Convoke
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Convoke Comparisons
Peer comparison for Convoke
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- Named peers
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Competitors of Convoke
Convoke 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 CreditNirvana, Valon Mortgage, InDebted, Clerkie and Data Sutram, among others.
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AI/ML-driven debt management platform is offered for financial institutions.
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Cloud-native marketplace for mortgage loans
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Cloud-based debt collection solutions are offered to businesses.
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Platform for loan servicing and credit score building through debt management
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Platform offering external data insights for enterprises across the customer lifecycle
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Data-driven debt management solutions are offered for multiple industries.
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Detailed competitors of Convoke
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Latest news on Convoke
Complete news archive for Convoke
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Frequently Asked Questions about Convoke
Convoke was founded in 2006 and raised its 1st funding round 4 years after it was founded.
Convoke is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Convoke is a funded company, having raised a total of $8.16M across 3 funding rounds to date.
Convoke is established as a central, secure hub for managing third-party recovery vendors. Solutions are offered to credit issuers, including large banks, online lenders, auto lenders, and credit unions. Support is provided for various collection channels such as debt sales, agency collections, and legal collections. Tools and expertise are utilized to enhance recovery efforts through strategic placement, sale, or settlement. The platform is trusted by leading credit lenders and vendors worldwide, focusing on modernizing third-party recovery approaches in the financial sector.
Convoke's top competitors include CreditNirvana, Valon Mortgage and InDebted.
Convoke offers Convoke Origin, Convoke Pulse, Convoke CRM, Convoke Freeform, and 2 more products and services.
Convoke has 3 investors. Key investors include Flybridge Capital Partners, QED Investors, and Acadian Software.