News Summary

Conveyor, a startup founded by Chas Ballew, is revolutionizing the sales process by automating vendor security reviews and requests for proposals (RFPs) using AI. After leaving Aptible in 2021, Ballew launched Conveyor to address the time-consuming nature of customer security approval processes. The startup quickly integrated OpenAI’s technology to power its platform, allowing it to autonomously fill out over 90% of customer security questions accurately. This innovation has drawn in major clients like Zendesk, Atlassian, and Netflix. Conveyor’s expansion into automating RFPs is attracting new customers and has recently led to a successful $20 million Series B funding round led by SignalFire, with contributions from Oregon Venture Fund and Cervin Ventures. The funding will help Conveyor scale its AI Agent Platform for Customer Trust, which aims to streamline sales processes from initial contact to signed contract, enhancing speed and trust in business dealings.