Convex

Convex

Revenue acceleration software for commercial services

About

Convex provides revenue acceleration software specifically designed for digital-first commercial service providers, such as businesses that offer maintenance and repair services for commercial buildings. The software platform helps these companies identify, win, and manage new service opportunities by utilizing advanced data analytics and industry insights. Key features include lead generation, customer segmentation, and sales strategy optimization, which collectively enhance sales performance and business efficiency. Unlike many competitors, Convex focuses on digital-first strategies and actionable insights tailored for the B2B market, targeting sales and marketing leaders. The company's goal is to improve the operational effectiveness and revenue growth of its clients through a subscription-based model that ensures ongoing support and product development.

Company Stage

Acquired

Employees

51-200

Industries

Data & Analytics, Enterprise Software

Total Funding

$57.9M

Headquarters

N/A

Founded

2017


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Simplify's Take

What believers are saying

  • The acquisition by ServiceTitan could provide Convex with additional resources and market reach, enhancing its growth potential.
  • Convex's recent $39M Series B funding round indicates strong investor confidence and provides capital for further innovation.
  • The company's focus on actionable insights and revenue acceleration can significantly improve business efficiency for its clients.

What critics are saying

  • Integration with ServiceTitan may pose challenges in aligning company cultures and technologies.
  • The competitive landscape in the commercial services software market is intense, requiring continuous innovation to stay ahead.

What makes Convex unique

  • Convex's focus on digital-first strategies and advanced data analytics sets it apart from traditional commercial service software providers.
  • The subscription-based model ensures a steady revenue stream, allowing for continuous investment in product development and customer support.
  • Convex's platform offers comprehensive tools for lead generation, customer segmentation, and sales strategy optimization, making it a one-stop solution for commercial service providers.

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Growth & Insights
Headcount

6 month growth

1%

1 year growth

4%

2 year growth

1%

Benefits

Competitive salary & generous equity

Health, vision, & dental coverage

401k

Flexible time off

Family leave

Company outings & team retreats

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