Tech Company Financing Transactions
Convictional Funding Round
Convictional, operating out of Dover, raised $40 million from Y Combinator, FundersClub and private investors.
Transaction Overview
Company Name
Announced On
3/3/2022
Transaction Type
Venture Equity
Amount
$40,000,000
Round
Series B
Investors
Proceeds Purpose
The new funding will go into R&D and its sales and marketing efforts for new customer acquisition. Kirkness and Grouchy filled the role of marketers and are now hiring across the board to replace themselves in key functions.
Company Information
Company Status
Private & Independent
Industry
ECommerce
Mailing Address
3500 South Dupont Hwy.
Dover, DE 19934
USA
Dover, DE 19934
USA
Phone
Website
Email Address
Overview
Convictional helps fast-growing suppliers of physical products sell to all of their business customers, all powered and informed by our multi-channel B2B commerce platform. From onboarding to product and pricing management to generating wholesale orders, Convictional provides the end-to-end solution that makes online B2B happen.
Management Team
Browse more venture capital transactions:
Prev: 3/3/2022: RideCo venture capital transaction
Next: 3/3/2022: Haruko venture capital transaction
Share this article
About Database of VC Transactions
We record funding rounds that are announced publicly. VC transactions reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs