Convey closes $8.25m funding
Convey, the Austin-based company that has built a “customer-centric delivery platform”, has closed $8.25m in in Series B funding from Techstars Venture Capital Fund, RPM Ventures and other investors. This latest round brings total funding for Convey to $15.75m.
In a statement issued yesterday (29 August), Convey said that the funding will be used to “expand innovation and execution in product development, engineering and customer success, and to pursue new market opportunities beyond retail”.
Convey’s customers include Build.com, BuildDirect, Power Equipment Direct, ShoppersChoice.com, and Vitalize, among others.
The company also announced that it has signed an agreement to integrate its Convey Engage and Convey Initiate products with Ingram Micro Commerce & Fulfillment’s First and Final Mile solution.
Convey said that its relationship with Ingram Micro Commerce & Fulfillment will extend its customer delivery focus “beyond retail into new verticals, while providing end-to-end supply chain visibility and management from international points of origin to final mile delivery”.
