Convesio on Wefunder

We make enterprise level WordPress website hosting available to everyone.

Raise to date: $810,487

Reporting Date: 10/13/2019

Key Stats

Minimum Raise

$200,000

Maximum Raise

$1,000,000

Likelihood of Max Unlikely
Start Date

07/01/2019

Stop Date

10/24/2019

Days Remaining

8

Security Type

SAFE

Investment Minimum

$100

Deal Type

Top Deal


Investment Summary

Status

Active

# of Investors

561

% of Minimum Raised

405%

% of Maximum Raised

81%

Dollars Per Day to Reach Max

$23,689

DPD* Committed

$7,793

DPD* Category

$0

DPD* All Companies

$1,270

Kingscrowd Momentum

$810,487

Total Dollars Raised

Commitments

Weekly Commitments ($)
Aggregate Commitments ($)

SEC Filing Data from Kingscrowd

Convesio, with a valuation cap of $5.5 million, is raising funds on WeFunder. The company makes the enterprise level WordPress hosting solutions available to everyone, without the complexity of traditional cloud providers. The product of Convesio solves the challenges associated with scaling WordPress and offers a unique architecture with caching, security, containerization, and availability. Convesio was founded by Thomas Fanelli, Dyutiman Chakraborty, and Elizabeth Bochner and has raised $551,773 since its founding. The current crowdfunding round has a minimum target of $200,000 and a maximum target of $1,000,000 and is expected to launch on July 1, 2019. Convesio is already hosting more than 500 websites, with over 90 million requests per month.

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