Deal Details
Growth Capital Raise
Summary
Baird served as the exclusive financial advisor to Convene on this transaction
About
Convene (the “Company”) recently announced that it has secured $152 million in Series D financing. This round of funding more than doubles the Company’s previously announced Series C round, bringing its total funding to-date to $260 million. This is the second capital raise transaction completed by Convene in the last 18 months with Baird advising on both transactions.Convene is the fastest-growing network of full-service, tech-enabled meeting, event, and flexible workspaces. Founded in 2009, Convene has locations in New York City, Boston, Philadelphia, Washington, D.C., and Los Angeles, with plans to expand globally. The Company has been named one of America’s 100 Most Promising Companies by Forbes, one of LinkedIn’s Most In-Demand Startups, one of America’s fastest growing companies and Best Workplaces of 2018 by Inc. Magazine, and the #11 Best Workplace in New York by Fortune Magazine. Convene is headquartered in New York, New York.
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- Date
- July 2018
- Company
- Convene
- Transaction
- M&A
- Sectors
- Technology & Services
- Target Geography
- North America
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