In a groundbreaking development for B2B sales, Conveyor, a four-year-old startup, has raised $20 million in a Series B funding round led by SignalFire. The company is leveraging artificial intelligence to automate the tedious and time-consuming process of vendor security reviews and RFPs (Requests for Proposals), helping businesses close deals faster.
Conveyor claims its AI agent can autonomously and accurately complete over 90% of customer security questionnaires. This innovation saves countless hours for sales teams, allowing them to focus on building relationships rather than filling out repetitive forms.
The automation of security reviews is a game-changer for companies navigating the complex landscape of B2B transactions. By streamlining these workflows, Conveyor addresses a critical pain point, as security compliance often delays sales cycles and frustrates both vendors and customers.
With this fresh capital infusion, Conveyor plans to expand the availability of its AI-powered platform, further enhancing its capabilities to support customer trust workflows. The funding underscores growing investor confidence in AI solutions tailored for enterprise needs.
Industry experts see Conveyor's technology as part of a broader trend toward agentic AI, where intelligent systems take on more autonomous roles in business processes. This could redefine how companies approach compliance and sales efficiency in the future.
As Conveyor continues to innovate, it aims to solidify its position as a market leader in AI-driven customer trust automation. Businesses looking to accelerate their sales processes may find a powerful ally in Conveyor's cutting-edge solutions.
Alfred Lee
