Convex Raises $57M Series B Led by Insight Partners

Published: Aug 4, 2026 — PR Newswire / Convex

San Francisco backend platform Convex announces $57MSeriesBledbyInsightPartners;EtnaLabs,a16z,SparkCapitalparticipate.Totalfunding$110.5M. Funds for product, agentic development tooling, SF hiring.

Positioning

Reactive backend for human + AI agents: TypeScript DB/functions, ACID, realtime sync, search, file storage, RAG. Founders: Dropbox infrastructure alumni. Claims in testing: 90% of AI-generated apps on traditional DBs silently corrupt data vs Convex (vendor claim). SOC 2 Type II, HIPAA.