Convex raised $57 million in Series B funding to expand its backend platform as developers increasingly build software with AI coding agents.
- Amount
- $57M
- Stage
- Series B
- Announced
- 4 August 2026
- Lead
- Insight Partners
- Other investors
- Etna Labs, Spark Capital, Andreessen Horowitz, Justin Kan
- Use of funds
- Hiring across engineering, product, marketing and go-to-market, and expanding the platform's out-of-the-box capabilities around its reactive state graph.
- Checked
- Amount and date matched across 3 press sources