Convex Raises $57M Series B for Backend Platform

Aug 5, 2026
Convex raised a $57 million Series B led by Insight Partners, bringing its total funding to $110.5 million. The company plans to use the funding for product development, agentic development tooling, and hiring in San Francisco.

Convex announced in a press release that it raised a $57 million Series B led by Insight Partners. The round included Etna Labs and existing investors a16z and Spark Capital, bringing Convex's total funding to $110.5 million.

Convex said the funding will support core product development, agentic development tooling, and hiring at its San Francisco headquarters. The company offers a backend platform with a database, functions, workflow, sync, search, and file storage in TypeScript.

The company said its platform powers nearly 2 million applications from close to 500,000 developers and has more than 1.2 million weekly npm downloads. Its customers include OpenAI, Tripadvisor, Solana, Zapier, and Reducto.

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