Convelio, a Paris-based digital freight forwarder specializing in art logistics, raised $35 million in Series B funding to enhance its technology and expand internationally.
Information on the Target
Convelio, a Paris-based full-stack digital freight forwarder, specializes in the transportation of high-value goods through complex logistics channels. Recently, the company raised $35 million in a Series B funding round, aiming to establish itself as the leading logistics provider in its ecosystem. With a focus on the art world, Convelio has served over 3,000 clients, collaborating with prestigious names like Sotheby’s, Christie’s, and 1stDibs. This strong customer base highlights the company's core mission of revolutionizing art logistics.
The founders, Edouard and Clement, recognized a critical need for efficient shipping solutions within the art sector due to its unique logistical challenges, prompting their decision to launch Convelio in 2017. By providing tailored solutions for transporting art, they aim to alleviate the severity of logistical strain that art vendors often experience.
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Industry Overview in France
The logistics industry in France has witnessed significant advancements in recent years, particularly in the realm of digital transformation. As traditional logistics methods begin to blend with innovative digital ap
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Not specified
invested in
Convelio
in 2022
in a Series B deal
Disclosed details
Transaction Size: $35M