Convene

Consumer ServicesSeries DNew York, USconvene.com

Latest round

Series D

Last raised

Jul 2018

Total raised

$266M

Investors

17

About Convene

Convene is a company that specializes in hospitality-driven services, formed in 2009 and headquartered in New York, US. The firm has undergone strategic pivots, including expanding its offerings through a recent acquisition. The company was co-founded by Azhar Quader and Ryan Simonetti, who have previously been involved in other ventures.Convene specializes in providing a range of hospitality-driven services designed to enhance meetings, work, and gatherings. The company's core offerings include event venues, meeting rooms, flexible office spaces, and amenity centers.venues by Convene, and Convene Signature.Convene generates revenue primarily through the rental of its hospitality-driven spaces for meetings and events, as well as offering flexible office solutions tailored to corporate clients. Engagements typically occur on a B2B basis, with bookings for durations ranging from single-day events to long-term office leases. The company partners directly with businesses, providing customizable access to meeting venues and office spaces equipped with advanced technology.Following the acquisition on April 12, 2022, Convene plans to expand its footprint into suburban markets to accelerate its leadership. The details of specific upcoming products have not been disclosed, but the focus will likely enhance the overall service offerings to corporate clients.

Who invested in Convene

17 investors across 5 rounds

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Funding rounds

  1. Series D

    Jul 10, 2018

    Amount

    $152M

    Investors

    Locked

  2. Series C

    May 1, 2017

    Amount

    $68M

    Investors

    Locked

  3. Series B

    May 19, 2016

    Amount

    $20M

    Investors

    Locked

  4. Series B

    Jun 17, 2015

    Amount

    $16M

    Investors

    Locked

  5. Series A

    Jul 9, 2013

    Amount

    $10M

    Investors

    Locked

Questions about Convene

Who invested in Convene?

Convene has 17 investors on record across 5 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Convene raised?

Convene has raised 5 venture rounds. Sign up free to see how much each round raised and the total.

When did Convene last raise money?

Convene's most recent round on record is a Series D, in Jul 2018.

What does Convene do?

Convene is a company that specializes in hospitality-driven services, formed in 2009 and headquartered in New York, US.

Where is Convene headquartered?

Convene is headquartered in New York, US.

Which VCs invest in companies like Convene?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back consumer services companies at Convene's stage. Their profiles are linked below.

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