Convoz Explained

Convoz
Developer:X Empire Inc.
Ver Layout:Stacked
Operating System:iOS, Android
Size:59.6 MB (iOS)[1] 50.22 MB (Android)[2]
Language:English
License:Proprietary software with Terms of Use

Convoz is an American online social networking service based in Houston, Texas, which focuses on creating public collaborative conversation through video. It was founded by Hakeem Seriki and Glen Allison, under the parent company X Empire Inc. and was seeded by Upfront Ventures. The video-centric platform allows users to send 15-second clips directly to celebrities and they can then watch and choose which ones they want to respond to, sometimes broadcasting a message for all to see as well as livestreaming to their followers.[3] [4]

The startup has a total of seven employees, and has cultivated an undisclosed amount of seed funding from Greycroft Ventures, Upfront Ventures, 500 Startups, Precursor VC, Okapi Ventures, XG Ventures, and a roster of angels including Justin Kan, E-40 and Snoop Dogg.[5] [6]

Background

Convoz was announced to an investor and entrepreneur crowd at the Upfront Summit in Los Angeles by founder Hakeem Seriki in January 2018, in an attempt to raise capital for the app. In the presentation, Seriki announced that the video-centric platform aims to be "the place where you go to talk to people." He wants Convoz to be an app where people converse face-to-face with celebrities.[7] It was revealed that Seriki approach Snoop Dogg to invest in the app, who also supported Seriki's presentation as well as rapper E-40 who was known for being an early investor in Clubhouse.[8] [9] The beta version of the app was officially released on January 30, 2018.[10]

The app was officially unveiled on June 6, 2018, and many celebrities including Snoop Dogg, E-40, Big Boi, Trey Songz as well as sports players were using the app to communicate with fans.[11]

In May 2019, the app was noted for its format of having short video messages that other users can watch and respond to in a study which demonstrated thatviewers are more responsive to lightweight content such as snapshots and video clips.[12]

In June 2019, Seriki, E-40, and portfolio company Republic to invest $25,000 into a startup founded and managed by a woman or person of color as a marketing campaign to get more users to use the Convoz app. The conditions meant the entrants had to pitch their business idea on the Convoz app.[13] In November of the same year, both investors held another competition on the app but this time increasing their investment fund to $100,000. Republic again facilitated the competition and Shark Tank star Daymond John served as a judge for the contest.[14] [15] The winner of the competition was Pierre Laguerre and it was announced in January 2020. His startup idea was "Fleeting Pro", a company that links certified class A & B drivers to trucking companies for scheduled, on-demand transportation needs.[16]

As of 2023, Convoz operates with an invite-only registration and has a waiting list for new users on the app.

See also

References

Sources

Notes and References

  1. Web site: Convoz - Video Discussions. App Store.
  2. Web site: Convoz - Video Discussions - Apps on Google Play. play.google.com.
  3. Web site: Getting the Jump on History. Fortune.
  4. Web site: Chamillionaire launches Convoz video-messaging app. 12 February 2018 .
  5. Web site: Chamillionaire Presents New App in Convoz. Karl. Utermohlen. February 12, 2018.
  6. Web site: Chamillionaire Launches Convoz App Backed By Top Rappers. Grouchy Greg. Watkins (@GrouchyGreg). February 14, 2018. AllHipHop.
  7. Web site: Chamillionaire is a presentation genius, has a new app. Katie. Roof. February 12, 2018.
  8. Web site: Snoop Dogg Reveals How Chamillionaire Approached Him Into Investing In The Convoz App. Landon. Buford. January 27, 2022. Landon Buford.
  9. Web site: E-40 was an early investor in Clubhouse. REVOLT.
  10. Web site: Chamillionaire Presents Convoz App at 2018 Upfront Summit - XXL. Lindsey. India. XXL Mag. 16 February 2018 .
  11. Web site: Ridin' Dirty To Angel Investing: Rap Superstar Chamillionaire Debuts A New App, Convoz. Adrienne. Gibbs. Forbes.
  12. Book: https://doi.org/10.1145/3290605.3300668. Integrating Multimedia Tools to Enrich Interactions in Live Streaming for Language Learning. Di (Laura). Chen. Dustin. Freeman. Ravin. Balakrishnan. Proceedings of the 2019 CHI Conference on Human Factors in Computing Systems . May 2, 2019. Association for Computing Machinery. 1–14. ACM Digital Library. 10.1145/3290605.3300668. 9781450359702 . 140224485 .
  13. Web site: chamillionaire-invests-in-startups-founded-by-women-and-people-of-color. November 13, 2019. HipHopDX.
  14. Web site: Chamillionaire & E-40 Announce $100K Investment Contest For Minorities. HipHop-. DX. November 13, 2019. HipHopDX.
  15. Web site: Grammy winning rapper Chamillionaire launches $100,000 competition for minority-founded start-ups. Brandon. Gomez. CNBC. 11 November 2019 .
  16. Web site: From College Dropout To Logistics Entrepreneur: A Pioneer In Trucking . Moguldom.com . February 21, 2020 . March 21, 2020.