Convelio

Convelio

Tech-enabled freight forwarding for fine art

Overview

Convelio is a tech-enabled freight forwarder specializing in shipping fine art, antiques, and high-end design furniture. It uses a proprietary algorithm to generate instant quotes by evaluating fragility, dimensions, and value, often delivering prices cheaper than industry standards. The platform handles end-to-end logistics—pickup, bespoke packing, customs clearance, air/sea/road freight, tracking, and insurance—across service tiers like Convelio Essential and Convelio Fine Art. Its goal is to digitize art logistics, improve efficiency, and offer transparent, reliable global shipping to galleries, auction houses, designers, and collectors in over 80 countries.

About Convelio

Simplify's Rating
Why Convelio is rated
B
Rated B on Competitive Edge
Rated A on Growth Potential
Rated C on Differentiation

Industries

Data & Analytics

Enterprise Software

Company Size

51-200

Company Stage

Series B

Total Funding

$46.9M

Headquarters

Paris, France

Founded

2017

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Simplify's Take

What believers are saying

  • Shipped $1.84B art in 2025 to 92 countries, with $1M+ collectors fastest-growing segment.
  • Gross margins rose from 18% to 34%; acquisition costs fell 83% since 2019.
  • Series C funding fuels New York warehouse by autumn 2026 and five facilities by 2029.

What critics are saying

  • Auction houses internalize logistics, cutting Convelio from top clients within 24-36 months.
  • New York warehouse delays from permitting overrun costs, straining capital in 6-12 months.
  • Art market contracts 20% again by 2024 levels, slashing shipment volumes in 12-24 months.

What makes Convelio unique

  • Proprietary algorithm delivers instant quotes, slashing costs 46% versus traditional shippers.
  • AI-powered inventory management offers real-time visibility for art in transit and storage.
  • Serves all three major auction houses: Christie's, Sotheby's, and Phillips globally.

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Funding

Total Funding

$46.9M

Below

Industry Average

Funded Over

3 Rounds

Series B funding is typically for startups that have proven their business model and need more funding to expand rapidly—often by entering new markets or adding more products. Investors are usually venture capital firms that specialize in later-stage investments.
Series B Funding Comparison
Meet Average

Industry standards

$35M
$35M
Convelio
$45M
Linktree
$65M
Substack
$100M
ClickUp

Benefits

Flexible Work Hours

Remote Work Options

Professional Development Budget

Conference Attendance Budget

Wellness Program

Mental Health Support

Flexible remote policy (up to 3 days per week) to accommodate a healthy work-life balance

Health Insurance

Paid Vacation

Paid Holidays

Growth & Insights and Company News

Headcount

6 month growth

-1%

1 year growth

0%

2 year growth

0%
Tech Funding News
Apr 13th, 2026
Convelio raises Series C after shipping $1.84B of art, partners with Phillips to cover all top 3 auction houses

Convelio, a Paris-based fine art logistics company, has closed a Series C funding round led by a French entrepreneurial family, with participation from existing investors Forestay, Mundi Ventures and Acton Capital. The company, founded in 2017, has shipped $1.84 billion worth of art. The funding follows a major partnership with Phillips, which joins Christie's and Sotheby's as Convelio's clients. Phillips selected Convelio as its primary logistics partner for shipping, storage and release services in London, New York and Hong Kong. Since launch, Convelio's shipping gross margins have grown from 18% to 34%, whilst customer acquisition costs have fallen 83% since 2019. The company combines instant digital quoting with fine-art handling and offers AI-powered inventory management and workflow tools. The funds will support AI development, SaaS expansion and three new storage facilities by 2029, with New York as the primary location.

PitchBook
Mar 8th, 2022
Mundi Ventures invests into Convelio in $35M

Paris-based Convelio has raised $35 million in a round led by Forestay and Mundi Ventures.

Acton Capital
Mar 7th, 2022
Acton Capital Partners invests into Convelio

Global fine art shipping startup Convelio has raised another $35 million (€30 million) in Series B funding by new investors Forestay, Mundi Ventures, joined by The European Investment Fund (EIF) and existing investors Acton Capital and GFC.

VentureBeat
Mar 7th, 2022
Convelio, which automates shipping processes for luxury goods, raises $35M

Convelio, which automates shipping processes and workflows for luxury goods, has raised $35 million in a funding round.

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