Growth Capital Raise

Technology & Services
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.
CONTACT US TO LEARN MORE
Technology & Services
Growth Capital Raise
Date
July 2018
Company
Convene
Transaction
M&A
Sectors
Technology & Services
Target Location
North America

Share