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Convene

Digital and hybrid work experience solution

Convene logo
201-500 employees
  • Hospitality
  • B2B
  • Internal tools
  • Office
  • SaaS
  • Community
Midtown South, New York, NY

Company mission

To elevate the way people meet, work and live by reimagining what “a workday” means for today's most innovative organizations.

-8% employee growth in 12 months

Our take

Convene provides co-working space and meeting locations inside office buildings. It was founded to change the way people meet and work, and also to revolutionise how office buildings offered hospitality services to tenants.

Convene's revenue decreased by over 60% in 2020, after the pandemic disrupted its in-person events. In response to this, the company has diversified into the video meetings market. It hosts virtual and hybrid events that more closely resemble the feeling of attending a live business conference. Users can attend the conferences online and interact with the speakers, the hosts, and other attendees in private video chats.

Convene has done well to navigate the macro challenges and reinvent itself, but there will be more challenges to come; Convene also operates in a market with big players, such as Zoom. However, in 2023, the company acquired etc.venues, widening Convene's net to the UK and establishing it as one of the largest premium and event venue companies in the US and UK with 38 locations across the two countries. The goal now is to generate a revenue of $100 million a year by 2025 and it hopes its virtual operations will form a larger percentage of this.

Steph headshot

Steph

Company Specialist at Welcome to the Jungle

Benefits

  • Convene employees have access to comprehensive insurance plans and benefits so they can stay healthy and have access to resources they need, so they can lead a full life at and outside of work
  • Employees have access to generous paid time off, including paid holiday breaks and birthday PTO – promoting work life balance and wellness
  • A robust calendar of programming dedicated to employee resource groups, along with an active mentorship program aimed to elevate diverse voices
  • Enabling those that want to give back or grow, we offer an annual application-based paid sabbatical program to those that want to invest in their communities
  • Immense catalog of online learning opportunities and weekly live sessions focused on leadership development and skills-based training
  • We’re a remote-first company, and if the role allows, we support our employees as they work from wherever they feel most comfortable

Company values

  • Genuine
  • Relentless
  • Integrity
  • Teamwork

Funding (last 2 of 4 rounds)

Jul 2018

$152m

SERIES D

May 2017

$68m

SERIES C

Total funding: $245.5m

Leadership

Ryan Simonetti

(CEO & Co-Founder)

Ryan worked at Lehman Brothers in Real Estate from 2005 to 2006 before spending 3 years at Gramercy Capital Corp. He left this role in September 2009 to co-found Convene the following month, serving as CEO since 2013.

Diversity, Equity & Inclusion at Convene

  • Active mentorship program
  • Robust network of employee resource groups
  • Equal opportunity employer

Jobs (5)

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