Convey Technology Limited
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Convey Technology Limited - overview
Established
2016
Location
Swindon, -, UK
Primary Industry
Software
About
Convey Technology Limited is a UK-based software provider specializing in driver and vehicle compliance management solutions for commercial vehicle operators, enhancing operational efficiency and regulatory compliance. Convey Technology Limited, founded in 2016 in Swindon, UK, develops software solutions focused on driver and vehicle compliance management. The company successfully completed its most recent funding round, raising GBP 25. 000 mn in a GROWTH round in November 2025, led by Tresmares Capital, bringing the total amount raised to GBP 25.
000 mn. The firm has completed one deal to date. Convey Technology Limited specializes in a comprehensive suite of software solutions designed for driver and vehicle compliance management, catering primarily to commercial vehicle operators across various sectors. Their core offerings include the Convey platform, which integrates modules for tachograph analysis, fleet maintenance, driver performance monitoring, and compliance reporting.
This platform allows clients to automate and streamline processes such as remote tachograph downloading, daily walkaround checks, and driver training management, thereby enhancing operational efficiencies and compliance with regulatory standards. The target clientele encompasses a diverse range of transport operators, from small businesses to larger enterprises, including those operating buses, coaches, and heavy goods vehicles (HGVs). The software solutions are utilized in multiple geographical markets, including the UK and across the European Union, addressing critical compliance challenges faced by transport operators in these regions. Convey Technology Limited generates revenue primarily through subscription-based models for its software solutions, enabling clients to access a range of compliance and fleet management modules.
The transaction structure typically involves B2B engagements where clients subscribe to the platform for a recurring fee, allowing them to utilize various functionalities tailored to their operational needs. Clients may choose from different pricing plans based on the modules selected, such as the comprehensive Tachograph analysis and the Fleet Management module. By providing a cloud-based interface, customers can manage compliance, performance, and maintenance tasks efficiently from any location, with transactions structured around annual or monthly subscriptions. The revenue model is designed to support scalable growth as clients can expand their usage of the platform by adding additional modules as their business requirements evolve.
In November 2025, Tresmares Capital invested GBP 25. 000 mn in Convey Technology Limited, to expand the company's product offerings and market reach. Plans are underway to develop new products aimed at enhancing compliance management and interface capabilities, with a specific focus on entering new markets across Europe by 2026.
Current Investors
Tresmares Capital
Primary Industry
Software
Sub Industries
Logistics Software, Analytics & Performance Software
Website
www.convey-tech.com/
Verticals
Cloud Computing, RegTech
Company Stage
Mature - Growth Capital
Total Amount Raised
Subscriber access only
Convey Technology Limited - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Growth | Completed | Convey Technology Limited | - |
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