Overview
Based in Antwerp, Conveo applies conversational AI to the market research and user insights space. Traditional qualitative research is expensive and slow because it requires human researchers to conduct and analyze interviews. Conveo's platform runs AI-led interviews that can scale to hundreds of participants, then automatically synthesizes themes and insights from the responses.
The company raised EUR 5M to build out its platform and expand to international markets. Its target customers include market researchers, product teams, and consultancies that conduct regular consumer or B2B research.
Conveo sits in a category that has attracted significant investment globally, as AI-powered research tools demonstrate the ability to compress research timelines from weeks to hours.
Funding & milestones
2 events found for Conveo · 2025–2026
SeedVenture / equityDetails€4.9M
Reported amount €4,900,000
Source not attached to this recordDeal recordSeries AVenture / equity1 source$50M
Reported amount $50,000,000
Recorded history so far. Original currencies are preserved; amounts in different currencies are not added together. Debt, grants, acquisitions and listings are separate event types. Undated events appear last.
Profile narrative
- Seed: EUR 4.9M (March 2025), Y Combinator, 6 Degrees Capital, Entourage, Pitchdrive, Syndicate One. See Conveo Seed 2025.
Key people
In the news
- Hearing directly from your consumers often changes brand direction. And it should. 👇 My favorite part about this is that it came from an onboarding study. Everyone who joins Conveo runs one, whether they’re in sales, engineering, marketing or finance. They pick something they’re curious about, launch it and hear what people actually think. It’s the quickest way to understand what we build. In her first month, one of our teammates looked into people’s exercise habits. She thought a contact at one of the best-known consumer brands
- Our UK customer base grew 4x this year. And this week, the government here put £700m behind AI. Yesterday, I joined AI and tech leaders at 11 Downing Street, hosted by the Chancellor. Phones stayed at the door, so a room full of people building the future of AI had no way to AirDrop contact info. Just lots of, “I’ll remember you and reach out.” Old-school networking aside, it was great to see the government taking AI this seriously. But what matters most to me is building AI that helps companies truly understand people. That’s why
- We ran 12x more video conversations on Conveo last quarter than five quarters ago. Up every single quarter, and 4.3x in the last year alone. Companies always wanted to hear from their customers more often. It was just too slow and too expensive, so they saved research for a few big bets a year. Last quarter, consumers on Conveo weighed in on a storyboard for a 15-second ad, packaging for a limited edition, the name of a loyalty tier and a promo line for a phone contract. Those decisions used to go to whoever argued best in the
- Today we are announcing Entourage Fund II Oversubscribed against our €75M target within two weeks of our first outreach, and closed at €100M. Backed entirely by entrepreneurs, family offices, and private investors. Two years ago we launched our first fund, focusing on software and operating with a founder-first approach. We wrote the first cheques into some of Europe’s fastest-growing technology companies, including Aikido Security, Conveo and Lexroom. Fund II remains focused on pre-seed & seed stages across Europe and beyond.
- 100 million to back the next generation of legendary founders. Introducing Entourage Fund II. Oversubscribed against our €75M target within two weeks of our first outreach. Closed at €100M. Backed entirely by entrepreneurs, family offices, and private investors. Since launching in 2024, we’ve written the first cheques into companies like Aikido Security, Conveo and Lexroom. With Fund II, we’re doubling down. We’ll back around 25 pre-seed and seed companies across Europe and beyond, with initial cheques of €1 million to 5
- Two years ago, we started Entourage Ventures to back the next generation of legendary founders. We wrote the first cheques into Aikido Security, Conveo, Lexroom and many more. Now we’re doubling down. 💥 €100 million. Entourage Fund II. Oversubscribed against our €75M target within two weeks of our first outreach. Closed at €100M. We’re backing pre-seed and seed founders across Europe and beyond - from AI and enterprise software to robotics, physical AI and deep tech. Same approach: build conviction, invest early and keep
- When Conveo was just a handful of people, we all worked side by side and moved super fast. Our engineering team has grown 4x in the last year, but that closeness is one thing we want to keep. Our recent hackathon showed us what that looks like at our size today. The collaboration between our in-house researchers, engineers and customers was so tight that everyone left feeling energized. So at our engineering offsite this week, Maarten and I asked: why should this only last a few days? We came up with a new way for the team to work
- Spoke with Dieter of Conveo about going from 10 to 100+ people in the AI age. We covered hiring, team structure, equity allocation and day to day team management. AI lets you move at an unmatched pace, but you are still building a company with humans, and they need to be able to follow that pace. Very interesting conversation, thanks for having me Tectonic.
Backers
Pitchdrive
Pitchdrive is a venture capital fund that invests in pre-seed and seed stage startups, with four funds raised totaling €250K-2M in first-check investments, and a portfolio of over 70 companies backed globally.
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