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title: Convex raises a $57M Series B | daily.dev
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# Convex raises a $57M Series B

**[Convex](https://daily.dev/sources/convex)** · 6 min read · 0 upvotes · 0 comments

## Summary

Convex has raised a $57M Series B led by Insight Partners, with participation from Etna Labs, Spark Capital, a16z, and Justin Kan. The announcement frames Convex as a backend platform built for the agentic engineering era, where AI agents and developers co-write code. Key arguments: ACID transactions prevent data corruption from concurrent agent writes, end-to-end TypeScript catches hallucinated field names at build time, and Convex Components provide sandboxed, context-window-sized units that agents can reason about safely. The company reports millions of instances in production, launched Enterprise plans, and added EU data residency. They are also hosting a free one-day conference called Abstract on September 2nd in San Francisco, and are actively hiring.

## Full article

daily.dev links to this article rather than hosting it. Read it at the original source: <https://news.convex.dev/convex-raises-57m>

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---

Tags: [#ai-coding](https://daily.dev/tags/ai-coding), [#backend](https://daily.dev/tags/backend), [#convex](https://daily.dev/tags/convex), [#typescript](https://daily.dev/tags/typescript), [#venture-capital](https://daily.dev/tags/venture-capital)

[View this post on daily.dev](https://daily.dev/posts/convex-raises-a-57m-series-b-id5ljewur)

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