Startup profile for Convex: latest funding, latest known valuation, total disclosed funding, investors, status, sources, and why the company is interesting. Part of the Venture Capital Tracker startup directory.
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Convex funding, valuation and investors

Reactive TypeScript backend — database, serverless functions, and real-time sync in one platform.

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Funding, valuation & investors

Answer-first snapshot

Latest funding

Series B

$57M · August 2026

Latest known valuation

Not publicly disclosed

Total disclosed equity funding

$107M

Excludes debt, grants, acquisitions, secondaries, and IPO proceeds.

Current status

private

growth · San Francisco, California

Investors in latest funding

Lead: Insight Partners

Other: Andreessen Horowitz , Spark Capital , Etna Labs

Sources: latest funding Last verified: 2026-08-04

Overview

Convex is a reactive backend platform combining a document database, serverless TypeScript functions, and real-time sync — letting developers and coding agents build collaborative apps without managing fragile distributed glue. Founded by Dropbox alumni James Cowling and Ian Livingstone, the company raised a $57M Series B led by Insight Partners in August 2026 (total funding $110.5M), after a $24M growth round in 2025 led by a16z and Spark Capital and a $26M Series A in 2022. Convex targets teams shipping real-time apps and enterprises that need EU data residency.

Why Convex is interesting

Agentic engineering killed the 'why not Postgres?' objection — Convex's Aug 2026 $57M Series B (Insight lead; a16z + Spark returning) bets that AI-written apps need ACID TypeScript backends and sandboxed components agents can reason about.

Product & use cases

Convex provides a hosted backend where TypeScript functions run against a reactive database — clients subscribe to query results that auto-update when data changes.

  • Building real-time collaborative apps (docs, whiteboards, games)
  • Replacing Firebase/Supabase for teams wanting TypeScript-native backends
  • Prototyping full-stack apps without separate DB + API + websocket layers

Key facts

  • Series B (Aug 2026): $57M led by Insight Partners; a16z, Spark, Etna Labs, Justin Kan — $110.5M total
  • Growth (2025): $24M led by a16z, co-led by Spark; Neo participated
  • Series A (2022): $26M led by a16z; General Catalyst in seed
  • Founders: James Cowling and Ian Livingstone (Dropbox alumni)
  • Millions of production instances; Enterprise plans and EU hosting live (company, Aug 2026)

Funding history (newest first)

Series B

2026-08 $57M

Source: https://news.convex.dev/convex-raises-57m/

Growth

2025 $24M

Source: https://www.convex.dev/blog/convex-raises-24m

Series A

2022 $26M

Source: https://www.convex.dev/blog/series-a

Investors in our directory

Funds linked from Convex's profile — open a fund page for stage focus and related deal articles.

Insight Partners Andreessen Horowitz Spark Capital Neo General Catalyst

Competitive landscape

Edge: End-to-end reactive sync with TypeScript-first DX — developers write backend logic in the same language as frontend without ORM glue.

Developer backend platforms compete on DX, pricing, and real-time primitives. Convex's reactive model suits collaborative apps but must prove scale for enterprise workloads. Firebase and Supabase have larger ecosystems; Convex wins on TypeScript ergonomics.

  • Firebase incumbent

    Google's BaaS with massive scale; Convex offers stronger relational queries and TypeScript.

  • Supabase direct

    Postgres-backed open source; Convex uses custom reactive engine.

  • PlanetScale adjacent

    Serverless MySQL; no built-in functions or real-time layer.

  • Liveblocks adjacent

    Real-time collaboration infra; narrower scope than full backend.

Notable stories

  • Convex founders left Dropbox to build the backend they wished existed for real-time apps — reactive queries that push updates to clients automatically (Convex blog).

Industries

Developer Tools Infrastructure & Cloud

Related funding articles

Venture Capital Tracker pieces that cover Convex's financing or category context.

FAQs about Convex

Practical answers founders, operators, and investors typically search for.

Convex is a reactive backend platform — TypeScript functions, database, and real-time sync for web apps.
Insight Partners (/fund/insight-partners) led the Aug 2026 Series B. a16z (/fund/andreessen-horowitz) led earlier rounds and returned; Spark (/fund/spark-capital), General Catalyst (/fund/general-catalyst), and Neo (/fund/neo) also participated historically.
Both offer hosted backends; Convex emphasizes TypeScript-native reactive queries vs. Firebase's NoSQL model.
Supabase is Postgres-based open source; Convex uses a proprietary reactive database engine.
August 2026 Series B — $57M led by Insight Partners, bringing total funding to $110.5M.
Convex backend is proprietary hosted service; client libraries are open.
James Cowling and Ian Livingstone — former Dropbox engineers.
Not publicly disclosed.
Collaborative and real-time web apps — check convex.dev/customers for case studies.
No — private.
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