What does Conveyor do?
Conveyor provides a generative AI-powered platform that automates and scales key parts of the sales process, including customer security reviews and RFP responses, helping SaaS companies build trust with customers and drastically cut down processing times.
How much did they raise?
The company raised $20M in a Series B round led by SignalFire, with participation from Oregon Venture Fund and Cervin Ventures. This round brings its total funding to $40M.
What are their plans for the money?
With this funding, Conveyor plans to expand its operations and further enhance its development efforts, aiming to improve efficiency and reliability in automating complex customer workflows.
What have they achieved so far?
Conveyor has already achieved significant milestones by reducing the time spent on security questionnaires and RFP responses by over 90%, showcasing the effectiveness of its platform.