Convey Raises $38M Series A Led by Andreessen Horowitz

Convey, an enterprise AI platform that lets non-technical staff build and manage digital teammates for business operations, has closed a $38 million Series A round. Andreessen Horowitz led the investment, with Khosla Ventures and Pear VC also participating. As part of the deal, a16z Partner Joe Schmidt joins Convey's board.

The company's pitch is straightforward. Operators who do not write code can still create AI agents that handle tasks like data entry and customer follow-ups. Users define goals and set parameters. The AI agent then executes across multiple systems. The agents learn from feedback and improve over time. Convey calls them "digital teammates" to emphasize that they operate persistently and autonomously, not just as chatbots that answer questions. The goal is to free up human workers for higher-value work.

Existing investors Khosla and Pear both participated in earlier rounds. The $38 million raise adds to a busy period for enterprise AI startups. Venture investors have been hunting for platforms that show real deployment, not just demo-stage demos. Convey's focus on non-technical users addresses a common bottleneck: many companies have AI ambitions but lack the engineering resources to build custom agents. The round was led by a16z, which has been one of the most active investors in AI infrastructure and application layers. Convey had previously raised a seed round from the same investors, though the amount was not disclosed.

For Convey, the capital will likely go toward scaling the sales team and expanding the platform's integration layer. The company competes in a crowded space that includes no-code AI builders from larger tech firms like Microsoft and Salesforce. Its focus on persistent execution agents is a narrower bet. Convey plans to target mid-market and enterprise customers in industries such as financial services and healthcare, where repetitive workflows are common. The company also aims to build out its partner ecosystem to integrate with popular enterprise software like Slack and email.

The market for AI agents in enterprise is attracting significant investment. Convey's differentiation lies in its focus on non-technical users and persistent agents that can handle complex, multi-step workflows without human intervention. This positions it against both startups and larger platform vendors that are adding similar capabilities.

Schmidt's board seat gives a16z a direct line into the company's strategy. The firm has been active in enterprise AI infrastructure, backing companies that provide the tools for AI deployment. a16z has been active in AI startups, including a $33 million Series A in Telepatia, a Latin American AI doctor startup. The investment in Convey fits a broader thesis that the next wave of value in AI comes from deployment tools, not just model providers.

Convey did not disclose valuation or revenue figures. The company is based in San Francisco. It was founded in 2022 by a team with backgrounds in AI and enterprise software. The company expects to use the funding to accelerate product development and expand its customer base. Convey's platform is currently used by several unnamed enterprise customers, the company said.