Convene - About the company
Convene is an acquired company based in New York City (United States), founded in 2009 by Ryan Simonetti, Azhar Quader and Christopher J. Kelly. It operates as a Company that designs and operates a network of meeting, event, and flexible office spaces. Convene has raised $266M in funding from investors like Brookfield Asset Management, Boathouse Capital and Tamarix Capital, with last known valuation of $*****. The company has 1681 active competitors, including 141 funded and 77 that have exited. Its top competitors include companies like Smartworks, WeWork and Industrious.
Company Details
Company that designs and operates a network of meeting, event, and flexible office spaces. It is a hospitality company that designs and operates a network of meeting, event, and flexible office spaces globally. It provide various solutions for organizations, including board management software, meeting and event venues, and flexible office spaces.
- Website
- convene.com
- Social
- Email ID
- *****@convene.com
- Phone Number
- +1 **********
Key Metrics
Founded Year
2009
Location
New York City, United States
Stage
Acquired
Total Funding
$266M in 8 rounds
Latest Funding Round
Last Known Valuation
$***** as on Jul 10, 2018
Investors
Ranked
4th among 1681 active competitors
Employee Count
545 as on Mar 31, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by Hudson's Bay (Apr 12, 2022)
Legal entities associated with Convene
Convene is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
SENTRY CENTERS HOLDINGS LLC CIN: 4937838 , United States, Active | - | 188 (As on Dec 31, 2020) | - |
Convene's acquisition details
Convene got acquired by Hudson's Bay on Apr 12, 2022.
Click here to take a look at Convene's acquisition in detail
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Convene's funding and investors
Convene has raised a total funding of $266M over 8 rounds. Its first funding round was on Jul 09, 2013. Its latest funding round was a Series D round on Mar 24, 2026 for $*****. 1 investor participated in its latest round. Convene has 19 institutional investors.
Here is the list of recent funding rounds of Convene:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 24, 2026 | 7037971 | Series D | 5045815 | 8025256 | 2296013 | 1281351 |
Mar 24, 2026 | 8190135 | Conventional Debt | 6296973 | 3403576 | 2002510 | |
Sep 30, 2022 | 1207291 | Grant (prize money) | 6521547 | 6632638 | 1156366 |
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Convene's founders and board of directors
Founder? Claim ProfileThe founders of Convene are Ryan Simonetti, Azhar Quader and Christopher J. Kelly. Ryan Simonetti is the CEO of Convene.
Here are the details of Convene's key team members:
- Ryan Simonetti: Co-Founder & CEO of Convene. They are also an angel investor in 5 startups.
- Azhar Quader: Co-Founder, Former Board Member, Investor of Convene and founder of 1 other company.
- Christopher J. Kelly: Co-Founder of Convene.
View details of Convene's Founder profiles and Board Members
Convene's employee count trend
Convene has 545 employees as of Mar 26. Here is Convene's employee count trend over the years:
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Convene's Competitors and alternates
Top competitors of Convene include Smartworks, WeWork and Industrious. Here is the list of Top 10 competitors of Convene, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Smartworks 2016, Gurugram (India), Public | Operator of ready-to-use office spaces with integrated technology and amenities | $69.9M | 81/100 | |
2nd | WeWork 2010, New York City (United States), Acquired | Provider of flexible workspace solutions, including coworking spaces and private offices | $12.8B | 80/100 | |
3rd | Industrious 2013, New York City (United States), Acquired | Operator of flexible workspaces offering private offices and coworking solutions | $334M | 77/100 | |
4th |  Convene 2009, New York City (United States), Acquired | Company that designs and operates a network of meeting, event, and flexible office spaces | $266M | 76/100 | |
5th | Provider of a flexible workspace solutions for businesses | $45M | 75/100 | ||
6th | Provider of managed co-working spaces for freelancers, startups, and small & large companies | $86M | 73/100 | ||
7th |  91Springboard 2012, Mumbai (India), Series B | Operator of shared workspaces, private offices, and virtual office solutions | $29.2M | 72/100 | |
8th | Provider of managed office spaces and coworking environments for businesses | $16.1M | 71/100 | ||
9th | Chains providing coworking and managed office spaces with flexible options | $3.09M | 69/100 | ||
10th | Provider of adaptable workspaces featuring amenities, services, and collaborative environments | $7.61M | 68/100 |
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Convene's Investments and acquisitions
Convene has made 1 investment in Eden Health and acquired Etc Venues and Beco.Here is the list of these investments and acquisitions:
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Feb 01, 2023 | Acquisition | 1992 | London (United Kingdom) | |
Feb 27, 2019 | Investments | 2004 | New York City (United States) | |
May 09, 2018 | Acquisition | 2015 | Boston (United States) |
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Here is the latest report on Convene's sector:
News related to Convene
Filter this listMedia has covered Convene for a total of 13 events in the last 1 year, 7 of them have been about company updates and 2 about people movement.
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Convene Hospitality Group Secures $230M to Accelerate Global ExpansionCRE MarketBeat•Mar 24, 2026•Convene, TPG, Allianz
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Convene Hospitality Group hires Jacque Riley as SVP of Brand Marketing.PR Newswire•Jan 08, 2026•Convene
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Convene Hospitality Group Acquires NeueHouse Following BankruptcyPR Newswire•Jan 06, 2026•NeueHouse, Convene
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Food waste technology firm secures investment to scale across UK & EuropePackaging News•Nov 10, 2025•Limetrack, SKY, Convene
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Convene to open its largest New York location at Manhattan’s Hudson YardsCoStar•Sep 05, 2024•Convene
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FAQs about Convene
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