I'm pleased to announce that Convex has raised $24 million to continue reinventing backend platforms for today's teams. The round was led by a16z and co-led by Spark Capital, with participation from Neo Ventures, Alumni Ventures, and Upscalers. Additionally, numerous angels joined in, including Adam D'Angelo, Drew Houston, and Theo Browne.
Now that we have all that cash in the bank, what are we going to do with it? Hire great people.
We have a lot of work to do to realize the potential of Convex...
Our customers are growing, and so must we
- Convex's customer base, project count, and revenue have grown by more than 10 times in the last nine months.
- Some startups have gone from a college hackathon team to 10s of thousands of MRR on our platform, and they've created businesses earning millions annually. We've been with them since day one, and their Convex codebases now comprise thousands of backend functions.
- Finally, we now have dozens of companies on our Enterprise plan waitlist. They've built successful proof-of-concepts over the last 9-18 months and are ready to bet big on Convex. But they need massive scale, additional compliance, data sovereignty, public cloud procurement, SLAs, and forward-deployed engineering.
We need exceptional people to help us scale and develop the features and reliability necessary to serve as the foundation for larger projects and businesses.

Big new features are coming
- Convex components are key to the platform's future. We need them to be faster and easier to build. We need to foster an open ecosystem that encourages collaboration between us, developers, and partners. Soon, we want them to be a real marketplace, where individual developers can bootstrap businesses as Convex components.
- Application transactional workloads are excellent on Convex, but any kind of ad-hoc analysis—frankly—sucks. We need to bake in support for OLAP so developers can build aggregates, dashboards, and do exploratory queries without needing to integrate an external data warehouse.
- Sync is a central part of Convex's vision. But when developers want instant, automatic, optimistic local interaction with their app data, we currently offer little help. We aim to ship a Convex-flavored take on local-first that will feel as intuitive and ergonomic as the rest of our product.
As proud as we are of Convex's DX, we're just getting started. If you're interested in helping us make developers happier and more productive, join our team.
Insane just how much @convex_dev has made it fun to make things for me for https://t.co/kNdLl2e7Ba. Never really dove much into it before but now, I have a reactive & collaborative markdown editor and it took me maybe an hour to get the actual thing working. pic.twitter.com/ov96mxThmE
— aflatoon (@aflatoonAutoma) November 6, 2025
We're making a durable, generational, profitable business
We've been fortunate that the conversation with developers has evolved:
- 2023: What is Convex?
- 2024: Is Convex any good?
- 2025: Is it safe to build on Convex?
When we serve as the foundation for other people's projects and businesses, we must continually invest in being worthy of their trust.
I'll be brutally honest about the most significant risks, because I talk to customers about this nearly every day:
- "What if Convex shuts down?" Some worry that a challenging venture capital landscape in the future will mean we need to sell the company or end the cloud service.
- "What if you jack up prices?" Others worry that one day we'll take unfair advantage of high switching costs and monetize customers unsustainably.
What can we do to address these worries? We can develop a scale-up version of our open-source, self-hosted edition, so our customers have a more feasible alternative to our cloud service.
We also need infrastructure experts to help us cost-optimize our systems, enabling positive cash flow. Then we control our own destiny and can keep all our promises to our customers.
Sometimes you really do just need a better data structure.
— James Cowling (@jamesacowling) July 24, 2025
Subscription worker CPU and latency on one of the highest subscription-count @convex_dev projects, before and after switching to a treap-based data structure: pic.twitter.com/nqpsV1RVJW
This requires the best technologists in the industry
We're not just reselling Postgres. We're trying to create something both novel and foundational at the same time. It's not easy!
We've had this quote on our team page since we were only a few months old:
Convex’s mission is to fundamentally change how software is built on the Internet and who gets to build it.
Admittedly, it sounded patently insane when we were just three people, no users, and a prototype.
It's still pretty crazy, but... who knows? 😄