SUMMARY
- Convex raised $57 million in Series B funding, bringing its total funding to $110.5 million.
- Convex provides a real-time backend platform for developers and AI applications.
- The funding will expand its AI platform and product development.
Convex, a San Francisco, CA-based reactive backend platform, has raised $57 million in a Series B financing round led by Insight Partners, bringing the total amount to $110.5 million.
The round also saw participation from Etna Labs, a16z, and Spark Capital.
The company plans to use the fresh capital to accelerate core product development, invest in agentic development tools and expand its team at its San Francisco headquarters.
Funding Snapshot
| Metric | Details |
|---|---|
| Fundraise Amount | $57 million |
| Valuation | Undisclosed |
| Total Funding | $110.5 million |
| Company | Convex |
| Sector | Developer Infrastructure / Cloud Software / AI |
| Headquarters | San Francisco, California, USA |
| Funding Stage | Series B |
| Lead Investor | Insight Partners |
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About Convex
Founded in 2021 by Jamie Turner, James Cowling, Convex is a reactive backend platform designed to provide developers, and AI-agents with the infrastructure needed to build reliable, real time applications.
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Its platform combines multiple backend capabilities into a single integrated environment, reducing the need for developers to connect to and maintain separate infrastructure components.
Core offerings include:
- Database
- Backend functions
- Workflow management
- Real-time synchronization
- Search
- File storage
- Type-safe development infrastructure
Core Technologies / Products / Services
| Capability/Product | Application/Use Case |
|---|---|
| Reactive Database | Provides reliable application data infrastructure |
| Backend Functions | Runs application logic within the platform |
| Workflows | Supports complex, multi-step application processes |
| Real-Time Sync | Keeps application data synchronized in real time |
| Search | Enables integrated application search |
| File Storage | Manages application files and data |
| TypeScript Infrastructure | Provides a unified developer experience |
Leadership Comments
"Agents reach for the first thing that works, and on most backends the first thing that works is subtly, silently wrong. You'll find out weeks later, in production," said Jamie Turner, co-founder and CEO of Convex. "We spent our careers at Dropbox learning what it takes to make a promise to hundreds of millions of users and keep it, every time.
"AI coding agents are changing how software gets built, but they can expose the weaknesses of traditional backends," said Teddie Wardi, Managing Director at Insight Partners. "Convex gives developers and agents a powerful foundation where the pieces work together and reliability is built in from the start.
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