Latham & Watkins Advises Convex in Raising US$60 Million in Funding

Convex, the software platform leading the commercial services industry’s digital-first revolution, has announced it has raised US$39 million in its Series B financing. The round was led by Fifth Wall, Emergence Capital, and GGV, with participation from UP2398, 1984 Ventures, Soma Capital, and former ServiceMax CEOs Scott Berg and David Yarnold. The Series B round follows a previously unannounced US$17 million Series A financing. Convex also previously raised US$4 million in seed funding. The proceeds from the Series B financing will be used to expand hiring, scale Convex’s Atlas software platform, and develop new products.

Latham & Watkins LLP represented Convex in the financings with a deal team led by Bay Area partner Ben Potter, with San Diego associate Christian Hollweg and Los Angeles associate Zachary Gray. Advice was also provided on intellectual property matters by Bay Area partner JD Marple; and on benefits and compensation matters by Bay Area partner Ashley Wagner.