Conveo just raised a $50m Series A from DST Global, Balderton Capital, Visionaries, 6 Degrees Capital and Y Combinator, bringing its total funding to $55.8m.
Conveo helps large companies understand what their customers want, using AI to run the research and get the findings to the teams that need them. The company has grown from 12 to 80 people in less than a year.
Hendrik Van Hove is Co-founder of Conveo. He believes the real value of AI for big companies comes from pairing it with people, and that's the part most competitors miss.
The Scaling Europe show is presented by Deel. Check them out here: https://get.deel.com/ruynb7o4lfjk
0:00 - Introduction 0:13 - Conveo's new $50m Series A 0:24 - The investors behind Conveo's round 1:53 - What Conveo builds 4:03 - Customers like Google and Unilever 5:06 - Why investors backed Conveo over rivals 6:52 - Conveo's case for pairing AI with people 12:04 - What Conveo got wrong early on 15:34 - How Conveo won its first major clients 18:16 - Conveo's plans for the new funding 19:14 - Why Conveo is building a new category
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