Conveyor Fixes the Bottleneck in B2B Sales with Sue and Phil

They recently raised a $20 million Series B round led by SignalFire
By the time a SaaS company gets to the finish line with a new customer: pitch delivered, needs matched, excitement mutual, a strange sort of inertia sets in. The cause? A security review. According to Conveyor’s 2024 State of Security Review report, these reviews take an average of 3.1 weeks to complete and delay over half of enterprise deals. For many in sales and compliance, this step is a fire drill of redundant work, draining valuable hours and stalling revenue. Conveyor, a San Francisco-based startup founded by Chas Ballew, has set out to eliminate that friction with AI. The company recently raised a $20 million Series B round led by SignalFire, bringing its total funding to $40 million. Its goal? To become the default automation layer for security reviews and RFPs-the painstakin
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Picture of Mukundan Sivaraj
Mukundan Sivaraj
Mukundan is a writer and editor covering the AI startup ecosystem at AIM Media House. Reach out to him at mukundan.sivaraj@aimmediahouse.com.
25 July 2025 | 583 Park Avenue, New York
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