Convex

Convex

Managed backend service for reactive applications

About

Convex Systems, Inc. provides a backend-as-a-service platform designed for developers creating reactive applications, such as live chat tools and real-time dashboards. Their service allows developers to build and deploy applications without the need to manage complex backend infrastructure, which simplifies the development process. Convex's platform is scalable and requires no setup, enabling teams to focus on building dynamic systems rather than worrying about the underlying technology. Unlike many competitors, Convex offers a managed service that charges subscription fees based on usage, making it accessible for smaller teams while allowing them to scale as needed. The goal of Convex is to transform backend development by providing an easy-to-use solution that enhances the efficiency of building sophisticated applications.

Company Stage

Series A

Employees

11-50

Industries

Consumer Software, Enterprise Software

Total Funding

$28.4M

Headquarters

N/A

Founded

2021


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Simplify's Take

What believers are saying

  • Convex's recent release of version 1.0 and continuous platform updates demonstrate a commitment to innovation and responsiveness to developer feedback.
  • Significant investments from industry leaders like Netlify and Neo Innovation highlight strong financial support and confidence in Convex's vision.
  • The platform's ability to simplify backend development allows developers to focus on building sophisticated, real-time applications more efficiently, potentially leading to faster product development cycles.

What critics are saying

  • The competitive landscape of the BaaS market includes established players, which could make it challenging for Convex to gain significant market share.
  • Reliance on continuous investment and funding may pose financial risks if future rounds do not materialize as expected.

What makes Convex unique

  • Convex offers a zero-setup, infinitely scalable backend solution, eliminating the need for developers to manage complex backend infrastructure, unlike traditional BaaS providers.
  • The company's focus on reactive applications, which provide real-time feedback, sets it apart in the backend-as-a-service market.
  • Strong backing from notable investors and tech industry veterans, including partners from a16z, Sequoia Capital, and co-founders from Dropbox and Segment, underscores its potential impact.

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Growth & Insights
Headcount

6 month growth

-7%

1 year growth

4%

2 year growth

56%

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