Open-source reactive database and backend platform for AI and full-stack web apps
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.
Software📍 San Francisco, CAFounded 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.
How much has Convex raised?
Convex has raised $110.5M in total across 2 disclosed rounds, most recently a Series B of $57M in Aug 2026.
Is Convex publicly traded — can you buy Convex stock?
No. Convex is a private company — its shares are not listed on any exchange and there is no ticker. The routes to exposure are pre-IPO secondary marketplaces and funds (accredited investors), employee tender offers when the company runs one, and public companies with read-through exposure. QuantLogix maps every route it can verify for Convex on its Pre-IPO Access Desk.
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.
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 · 2 mo ago
privateTotal raised $110.5M2 disclosed rounds
Growth & Valuation
Capital raised per round
Charts built from publicly disclosed funding rounds and revenue estimates. Approximate, not real-time, not investment advice.
Funding History
Round
Amount
Date
Lead Investor
Post-Money
Series B
$57M
Aug 2026
Insight Partners
—
Series A
$24M
May 2023
a16z
—
Talent Signal
Hiring trend
▶ Hiring steady
0% vs 2026-08
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.
Counted from Convex's live job board as of 2026-09-14; role functions classified from posting titles. Open-role counts are an activity signal, not headcount. Refreshed monthly.
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.