AI consumer research firm Conveo raises $50M in Series A funding

Breaking News from Dòngchá Beating AI: AI consumer research company Conveo has raised $50 million in Series A funding, bringing its total raised to $55.8 million. Investors include DST Global Partners, Balderton, Visionaries, 6 Degrees Capital, and Y Combinator. The new capital will primarily be used to expand in the United States. Conveo’s approach is simple: it uses AI to interview real people on behalf of researchers. Consumers respond via video, audio, or text, and the AI follows up with dynamic questions based on prior answers—rather than reading from a fixed questionnaire. Hundreds of interviews can occur simultaneously, after which the AI automatically synthesizes themes, direct quotes, and insights. Qualitative research that once took weeks can now deliver results in just a few days. Conveo is already integrated into the research workflows of many major corporations. The company reports over 400 enterprises use its platform, including more than 50 Fortune 500 companies such as Google, Unilever, Anheuser-Busch InBev, and Canva. Conveo is also evolving its one-time interviews into ongoing services, enabling the AI to continuously interview consumers and accumulate insights into a single, growing knowledge base.