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Convex

Open-source reactive database and backend platform for AI and full-stack web apps
Software 📍 San Francisco, CA Founded 2021
Current Valuation
Private
PRIVATE

IPO Outlookprivate

Is Convex going public?
No. Convex is private and has not filed to go public. There is no S-1 on file.
What is Convex's valuation in 2026?
No confirmed valuation is on record for Convex. The roster shows funding and investors where they are public; it does not estimate a mark.
Has Convex filed an S-1?
No public S-1 is on file for Convex.
Who are Convex's investors?
Convex's investors include Andreessen Horowitz, Lightspeed, Github co-founder Chris Wanstrath (angel), Naval Ravikant, Insight Partners, Etna Labs and 2 more.
Answers are derived from the roster record shown on this page — filing status, last round and confirmed marks. Where the record is silent, the answer says so rather than guessing.
Convex is a San Francisco-based reactive, TypeScript-native backend and database platform popular with AI-app builders and coding agents that need real-time state, ACID transactions, durable functions, and built-in auth without operating Postgres. Founded in 2021 by former Dropbox infrastructure engineers (CEO Jamie Turner). In August 2026 it raised a $57M Series B led by Insight Partners (with Etna Labs, Spark Capital, a16z, and Justin Kan), bringing total funding to $110.5M. The platform now powers close to 2 million applications, with customers including OpenAI and Zapier.

Company Profile

CEO
Jamie Turner
Founded
2021
HQ
San Francisco, CA
Employees
~60
Total Raised
$110.5M
Growth
rapid AI-app developer adoption
Last Round
Series B — $57M (Aug 2026) · Lead: Insight Partners
IPO Status
private

Fundraising Status

Series B · $57M · this month
privateTotal raised $110.5M2 disclosed rounds

Growth & Valuation

Capital raised per round
Capital raised per funding round$24MSeries A$57MSeries B
Charts built from publicly disclosed funding rounds and revenue estimates. Approximate, not real-time, not investment advice.

Funding History

RoundAmountDateLead InvestorPost-Money
Series B$57MAug 2026Insight Partners
Series A$24MMay 2023a16z

Talent Signal

Hiring trend
First snapshot
trend accrues with monthly sweeps
Open roles
13
via ashby
Product-build share
77%
engineering, research, product, design
Trajectory
steady
heavy product build — 77% of open roles are product-building functions (engineering/research/product) — 8 of 13 open roles are engineering.
Actively hiring with no tracked executive churn.
Open roles by month
Open roles by month13Aug '26
Open roles by function
Open roles by functionEngineering8Product1Marketing1Design1Other1Sales & GTM1
product-building   go-to-market / G&A
Software Engineer, Infra/SystemsSoftware Engineer, API PlatformSoftware Engineer, ProductSenior Software Engineer, Infra/SystemsSoftware Engineer, AISenior Product Manager
Counted from Convex's live job board as of 2026-08-17; role functions classified from posting titles. Open-role counts are an activity signal, not headcount. Refreshed monthly.

Founders & Key People

Jamie TurnerJames CowlingSujay JayakarNipunn KoorapatiRob Meyer

Investors

Andreessen Horowitz · Lightspeed · Github co-founder Chris Wanstrath (angel) · Naval Ravikant · Insight Partners · Etna Labs · Spark Capital · Justin Kan

Products

  • Convex reactive database
  • Convex Auth
  • Convex Functions (server actions)
  • Convex AI agents SDK
  • Open-source self-host distribution

Competitors

Firebase · Supabase · PlanetScale · Neon · Cloudflare D1
Developer ToolsDatabaseAI BackendOpen SourceReactive
Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of recent date. Refreshed quarterly.