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Well Run profileThe Chase Pack · #126 of 720

Position 126

Convex

Reactive backend platform (database, functions, sync, auth) for apps built by developers and AI agents

Pace
4:05/kmRace4.5
Distance
Distance Half.
Open ops roles
—
Last week
—
Move
New
Peak
#121
Weeks in the 100
0
The Chart →
Rank and score over time
Board rank
#111#121#131#121Oct 25
Pace score
02464.5Oct 25

One point per Sunday re-rank, tracking since Oct 25. The lines fill in week by week.

Sprint 3:30/kmSupabase
Race 4:05/kmConvex
Tempo 4:40/km
Steady 5:20/kmPlanetScale
Warm-up 6:00/km
Cool-down 6:30/km
Convex runs in the Race lane. Rivals on Well Run sit in their own pace lanes; further right = more momentum. Tap one to open its page.Also competes with: Firebase, Appwrite
Total raised
$110.5Msee rounds ↓
Headcount
~44as of Oct 2026 linkedin.com ↗
Founded
2021
HQ
San Francisco, CA

Leadership

The problem

Teams and their coding agents waste time stitching databases, servers and sync together, and AI-written backends quietly break

What they do

Reactive backend platform (database, functions, sync, auth) for apps built by developers and AI agents

Traction Nearly 10,000 paying teams (Apr 2026); revenue and customers grew 10x in nine months to Nov 2025

Hiring trend

Open roles
12
Headcount
~41-44

Headcount ~20-30 (Nov 2025, LinkedIn, +70% YoY) to ~41-44 (Sep-Oct 2026, est.); open roles up from ~2 to 12, 10 posted since May 2026

Hiring in

  • San Francisco
  • Remote

Funding

Last round
$57M
Stage
Series B
Date
Aug 2026

Led by Insight Partners (a16z, Spark Capital, Etna Labs participating)

Distance

Half · edge: hard to leave

Strong #3 behind Supabase and Firebase in backends for app builders, with a hard-to-leave proprietary database, nearly 10,000 paying teams and customers like OpenAI and Zapier; the bigger rivals sell to the same AI-app builders, so it must keep its agent-era edge.

Sources: Convex: Convex for Enterprise, nearly 10,000 paying teams (Apr 2026) ↗ · PR Newswire: Convex $57M Series B, customers OpenAI, Tripadvisor, Zapier (Aug 2026) ↗ · Value Add VC: crowded category (Supabase, Firebase), real distribution edge (Aug 2026) ↗

Open ops roles

No ops roles open right now

Last checked Oct 25, 2026

News timeline

  1. Sep 2026Launched Convex AI Gateway for calling models without provider keys news.convex.dev ↗
  2. Sep 2026Hired ex-Dropbox CLO Bart Volkmer as General Counsel linkedin.com ↗
  3. Aug 2026Raised $57M Series B led by Insight Partners; total funding $110.5M prnewswire.com ↗
  4. Apr 2026Launched Convex for Enterprise; nearly 10,000 paying teams news.convex.dev ↗
  5. Nov 2025Raised $24M led by a16z, co-led by Spark; revenue and customers up 10x in 9 months news.convex.dev ↗

Funding historyTotal raised $110.5M

  1. Aug 2026Series B$57MLed by Insight Partners prnewswire.com ↗
  2. Nov 2025Venture (unlabeled; reported as Series A ext.)$24MLed by Andreessen Horowitz, Spark Capital news.convex.dev ↗
  3. Apr 2022Series A$26Mat $128MLed by Andreessen Horowitz forbes.com ↗
  4. Nov 2021Seed$3.5MLed by Neo news.convex.dev ↗

Profile facts checked Oct 21, 2026. Every fact links to its public source.

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