Convex

Convex

B2B revenue-acceleration software for commercial services

Overview

Convex provides a subscription-based software platform that helps digital-first commercial service providers grow revenue and improve efficiency. It targets B2B sales and marketing leaders in maintenance, repair, and operations for commercial buildings, and uses advanced data analytics and industry insights to identify, win, and manage new service opportunities. The product includes features like lead generation, customer segmentation, and sales strategy optimization, all in one platform. Convex differentiates itself by focusing on digital-first strategies and actionable insights tailored to commercial services, delivering a unified toolset for revenue acceleration. The company’s goal is to drive revenue growth and operational efficiency for its clients by providing a practical, data-driven sales enablement solution.

YC Company

About Convex

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

Industries

Data & Analytics

Enterprise Software

AI & Machine Learning

Company Size

11-50

Company Stage

Series B

Total Funding

$58.9M

Headquarters

San Francisco, California

Founded

2017

Simplify Jobs

Simplify's Take

What believers are saying

  • ServiceTitan acquisition enables end-to-end solution from outreach through invoicing and job costing.
  • Bundled into ServiceTitan's platform expands addressable market to 100K+ existing ServiceTitan customers.
  • Convex's specialized commercial data becomes strategic asset for ServiceTitan's residential-to-commercial expansion.

What critics are saying

  • Integration into generalist platform dilutes Convex's specialized commercial services differentiation.
  • Customer churn as standalone Convex offering gets bundled into broader ServiceTitan platform.
  • ServiceTitan deprioritizes commercial vertical in favor of core residential trades business.

What makes Convex unique

  • Purpose-built platform for commercial services with 64M+ property records and intent data.
  • AI-powered market intelligence maps properties, tenants, and decision-makers at individual property level.
  • Integrated sales execution from prospecting through pipeline management and CRM integration.

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Funding

Total Funding

$58.9M

Meets

Industry Average

Funded Over

4 Rounds

Notable Investors:
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
Above Average

Industry standards

$35M
$39M
Convex
$45M
Linktree
$65M
Substack
$100M
ClickUp

Benefits

Competitive salary & generous equity

Health, vision, & dental coverage

401k

Flexible time off

Family leave

Company outings & team retreats

Company News

Business Wire
Apr 3rd, 2024
ServiceTitan Supercharges Commercial Capabilities with Acquisition of Convex

ServiceTitan, a leading software platform built to power the trades, announced today that it has entered into a definitive agreement to acquire Convex

Business Wire
Apr 2nd, 2024
Servicetitan Supercharges Commercial Capabilities With Acquisition Of Convex

LOS ANGELES--(BUSINESS WIRE)--ServiceTitan, a leading software platform built to power the trades, announced today that it has entered into a definitive agreement to acquire Convex, a leading sales and marketing platform purpose-built for the commercial services industry. For years, ServiceTitan and Convex have independently invested significant amounts of capital in building best-in-class software for commercial contractors, with a deep focus on driving ROI and positive business outcomes for their customers. This new partnership will help deliver an industry-leading end-to-end solution that enables commercial businesses to grow profitably – from initial outreach to new prospects, through work order execution, invoicing, job costing, and everything in between.“ServiceTitan is on a mission to build technology that significantly improves the lives of every single contractor,” said Ara Mahdessian, CEO and co-founder of ServiceTitan. "We are laser focused on delivering high ROI, purpose-built software for the commercial services industry. Commercial businesses deserve a platform that works as hard as they do - a platform that can help them operate and enable profitable growth for decades to come. I'm thrilled to welcome Convex to the ServiceTitan family as we collectively join forces to continue executing on this ambitious vision."Founded in 2017, Convex was built to modernize the commercial services industry with data-driven solutions that increase revenue for contractors by improving their go-to-market strategies and execution.Convex’s purpose-built platform allows commercial businesses to:Plan their growth strategies with one of the most comprehensive views of the market available, including property, contact, business, and permit datawith one of the most comprehensive views of the market available, including property, contact, business, and permit data Target high-value opportunities to identify new business and expand existing relationshipsto identify new business and expand existing relationships Engage customers at the right time, with the right messaging to win their businessat the right time, with the right messaging to win their business Manage revenue teams to drive both consistent and predictable growth“Our mission at Convex is to provide commercial services businesses with the tools and technology they need to win in their market,” said Charlie Warren, CEO and co-founder of Convex

Insurance Insider
Jan 11th, 2024
Probitas takes Convex's Dare as energy hiring continues for AdA SPA 2024

Senior energy underwriter Richard Dare has resigned from Convex to join the growing energy team at Probitas, Insurance Insider can reveal.

VC News Daily
Oct 12th, 2021
Convex Raises $39M Series B Funding Round

SAN FRANCISCO, CA, Convex, the software platform leading the commercial services industry's digital-first revolution, has raised $39 million in Series B financing.

PitchBook
Jan 15th, 2021
Sixth Street invests into Convex Computer Corporation in $500M

Sixth Street Partners has made a $500 million investment in Convex, a provider of insurance and reinsurance services for companies in sectors including aerospace, casualty, energy and marine.

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