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Convex - About the company

Convex is an acquired company based in London (United Kingdom), founded in 2019 by Stephen Catlin. It operates as a Provider of international specialty insurance and reinsurance. Convex has raised $2.3B in funding from investors like Onex, PSP Investments and Sixth Street. The company has 84 active competitors, including 3 funded and 34 that have exited. Its top competitors include companies like ERS, Intact Ventures and Pension Insurance Corporation.

Company Details

Provider of international specialty insurance and reinsurance. The company offers digital risk management solutions. It aims to offer something unique to its clients and stakeholders. The company is building a best practice business from scratch, using everything it has learned during its careers to deliver something new and innovative.
Social
X
Email ID
*****@convexin.com
Phone Number
+44 **********
Registered Address
52 LIME STREET,LONDON,EC3M 7AF
Key Metrics
Founded Year
2019
Location
Stage
Acquired
Total Funding
$2.3B in 3 rounds
Latest Funding Round
Investors
Ranked
Annual Revenue
$1B+ as on Dec 31, 2024
Employee Count
709 as on Jun 30, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by Onex (Feb 06, 2026)

Convex's acquisition details

Convex got acquired by Onex on Feb 06, 2026.
Click here to take a look at Convex's acquisition in detail
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Convex's funding and investors

Convex has raised a total funding of $2.3B over 3 rounds. Its first funding round was on Apr 30, 2019. Convex has 3 institutional investors.

Here is the list of recent funding rounds of Convex:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jul 01, 2024
2477672
Series D
6637384
3357447
1038388
4234897
Jan 15, 2021
5436892
Series D
9951921
4724580
1896446
1569271
Apr 30, 2019
8498658
Series D
3715072
4048287
5145504
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Convex's founders and board of directors

Founder? Claim Profile
The founders of Convex is Stephen Catlin. Stephen Catlin is the CEO of Convex.
Here are the details of Convex's key team members:

Convex's Board of Directors

Convex's board has 8 active members. Matthew Wilson and Benjamin Meuli are part of team and Theodore Simon Acton Butt, Anna Elizabeth Tucker, Claus-michael Dill, Fiona Elizabeth Kermode, Kelly Lyles and William Clare Marcoux are independent board members.
Here is the list of Convex's board of directors:
Name
Type
Representing
Status
Duration
u{zypxi
Team
-
Current
8y 5m
yvtinxd
Team
-
Current
5y 9m
Independent board member
-
Current
5y 3m
uiaitsg
Independent board member
-
Current
9y 3m
awmoyuz
Independent board member
-
Current
9y 5m
xqngfee
Independent board member
-
Current
9y 5m
nhtqogr
Independent board member
-
Current
9y 1m
vtesyja
Independent board member
-
Current
4y 2m

Convex's employee count trend

Convex has 709 employees as of Jun 26. Here is Convex's employee count trend over the years:
Employee count trend for Convex
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Convex's Competitors and alternates

Top competitors of Convex include ERS, Intact Ventures and Pension Insurance Corporation. Here is the list of Top 10 competitors of Convex, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Convex
Convex
2019, London (United Kingdom), Acquired
Provider of international specialty insurance and reinsurance
$2.3B
64/100
2nd
Logo for ERS
ERS
1946, London (United Kingdom), Acquired
P&C insurance carrier
$350M
55/100
3rd
Logo for Intact Ventures
Intact Ventures
1809, Toronto (Canada), Public
Provider of insurance services and solutions for various industry sectors
-
55/100
4th
Provider of liability and pension insurance services
$972M
53/100
5th
Logo for Ascot Group
Ascot Group
2005, London (United Kingdom), Acquired
Provider of insurance solutions for cargo, casualty, financial and professional lines, and environmental concerns
-
51/100
6th
Logo for The Acorn Group
The Acorn Group
1981, St. Peter Port (United Kingdom), Late Stage
Insurance provider focused on non-standard policies for cars, vans, taxis, and households
-
49/100
7th
Logo for PHLY
PHLY
1980, Bala Cynwyd (United States), Acquired
Premier national insurance carrier providing comprehensive coverage and risk management solutions
-
-
49/100
8th
Logo for Ripe Insurance
Ripe Insurance
1998, Manchester (United Kingdom), Acquired
Provider of range of specialist insurance products, including photography, caravan, motorhome, valuables, and sports insurance, tailored to specific industries and activities
-
-
42/100
9th
Logo for Thomas Carroll
Thomas Carroll
1972, Caerphilly (United Kingdom), Unfunded
Provider of personal, business, and property insurance services
-
-
40/100
10th
Logo for Global Aerospace
Global Aerospace
2001, London (United Kingdom), Funding Raised
Diversified P&C insurance carrier
-
37/100
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Looking for more details on Convex's competitors? Click here to see the top ones

Convex's Investments and acquisitions

Convex has not made any acquisitions yet. Convex has made 5 investments.
Here is the list of latest three $investments:
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Dec 16, 2025
Investments
Sep 19, 2024
Investments
2023
Lyon (France)
Oct 02, 2023
Investments
2023
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See all investments by Convex

Reports related to Convex

Here is the latest report on Convex's geography:

News related to Convex

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Media has covered Convex for a total of 11 events in the last 1 year, 1 of them has been about people movement.
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FAQs about Convex

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