Conveo Raises $5.3M to Revolutionize Market Research with AI-Powered Insights

March 6th – YC-backed Conveo has secured a $5.3M seed round to transform the $120B market research industry with AI-powered qualitative insights. The funding, led by Y Combinator, with participation from Pitchdrive, 6 Degrees Capital, Entourage Capital, and Syndicate One, will fuel Conveo’s expansion across the U.S. and Europe.

AI-Driven Research at Scale

Trusted by leading brands like Unilever, Orange, Sanofi, and Google, Conveo’s AI-powered research co-worker automates the entire qualitative research process—from running hundreds of AI-moderated video interviews overnight to delivering real-time analysis. By removing cost and time barriers, Conveo enables companies to access deep customer insights 100x faster than traditional methods.

"I've seen the value of great research at McKinsey doing hundreds of interviews and countless surveys myself. But with the scheduling, note-taking, and long nights analyzing, it was extremely painful to do. That’s why companies don’t do nearly enough research. We've all seen it. Companies losing billions making the wrong investments or missing out on great opportunities." – Hendrik Van Hove, Co-founder

Unlike traditional research firms, which rely on manual processes, Conveo’s AI can conduct research in any language, spot insights humans might overlook, and deliver actionable findings within hours.

"We can’t imagine anyone doing it the old way two years from now: 90% of the time in qualitative research is spent on activities that can be automated so researchers can spend time on actually creating value from these insights." – Dieter De Mesmaeker, CEO & Co-founder

Bringing AI Research into Every Organization

Conveo is not replacing human-led research but enhancing it, combining the best of qualitative and quantitative approaches. The startup’s AI co-worker seamlessly integrates existing knowledge, third-party data, and real-time research—ensuring organizations always have the insights they need to make smarter, faster decisions.

"We don’t see Conveo as a replacement for face-to-face interviews but as a new research method combining the best of qualitative and quantitative approaches. We can now execute projects that were previously impossible. Combining quantitative data with hearing customers in their own words is super powerful to align our teams." – Pieter Van Paemel, Senior Insights Manager, Edgard & Cooper

"Of course, we were skeptical about how our customers would react to AI interviews. But after thorough testing, the feedback has been overwhelmingly positive." – Wendy Francois, Market Researcher, Orange

Built by Experts, Backed by Investors

Conveo’s research efforts are led by Niels Schillewaert, PhD, Founder of Human8 and Professor of Marketing at Vlerick Business School, combining deep research expertise with cutting-edge AI development.

"We combine decades-long research and strategic experience with deep technical expertise. Most of our competitors are only strong in one of the two areas, whereas both are critical." – Dieter De Mesmaeker

With $5.3M in fresh capital, Conveo is expanding its AI research co-worker across industries, ensuring businesses have access to the insights they need—whenever they need them.

About Conveo

Founded in 2024 and backed by Y Combinator, Conveo is transforming customer research with AI-powered video interviews that deliver deep insights at scale. By eliminating traditional barriers, Conveo enables organizations to make faster, smarter decisions based on real customer voices.