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Converge

Founders Maia Heymann Nilanjana Bhowmik

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Investments

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This summary is composed by our algorithm based on the analysis of the deals. If you think that some of this information is not accurate, please let us know about it and provide any supporting evidences if possible. Such cases will be analyzed by our ML-algorithm and implemented in our database, which will improve this summary.

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Total investments 56
Average round size
info
The average size of a deal this fund participated in
$5M
Portfolio companies 45
Rounds per year 14.00
Lead investments 1
Follow on index
info
How often the fund supports its portfolio startups at next rounds
0.20
Exits 4
Key employees 2

Areas of investment

  • Software
  • SaaS
  • Analytics
  • Artificial Intelligence
  • Enterprise Software
Summary

In 2018 was created Converge, which is appeared as VC. The leading representative office of defined VC is situated in the Cambridge. The venture was found in North America in United States.

The usual cause for the fund is to invest in rounds with 3 partakers. The meaningful sponsors for the fund in investment in the same round are Engineering Capital, Elefund.

Among the most popular portfolio startups of the fund, we may highlight Nimbella. We can highlight the next thriving fund investment areas, such as Cloud Computing. For fund there is a match between the country of its foundation and the country of its the most frequent investments - United States.

The fund was created by Maia Heymann, Nilanjana Bhowmik.

The important activity for fund was in 2018. The fund is generally included in less than 2 deals every year. Deals in the range of 1 - 5 millions dollars are the general things for fund.

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Typical Co-investors
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Funds investing in following rounds
These funds have a tendency to invest in the following rounds after Converge:
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Notable deals

CompanyIndustryRound SizeDateInvestorsLocation

Stylo

Data Center Automation
Enterprise Software
Software
$3M19 Oct 2022 New York, New York, United States

Zenskar

Billing
Software
$3M03 Oct 2022 New York, New York, United States

Employee Cycle

Human Resources
Software
$2M27 Sep 2022 Philadelphia, Pennsylvania, United States

CYBERA

Banking
Cyber Security
Financial Services
Law Enforcement
Security
$4M15 Jun 2022 New York, New York, United States

R-Go Robotics

Artificial Intelligence
Information Technology
Machine Learning
Robotics
$15M08 May 2022 Cambridge, Massachusetts, United States

CYBERA

Banking
Cyber Security
Financial Services
Law Enforcement
Security
$4M06 May 2022 New York, New York, United States

RevenueBase

Database
Lead Generation
Marketing
SaaS
Sales Automation
Software
$6M06 Apr 2022 Newton, Massachusetts, United States

Amper Technologies

Analytics
Industrial
Industrial Automation
$11M11 Mar 2022 Chicago, Illinois, United States

iRestify

Internet
$4M08 Mar 2022 Old Toronto, Ontario, Canada

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Total investments 56
Average round size 5M
Rounds per year 14.00
Peak activity year 2022
Lead investments 1
Follow on index 0.20
Exits 4
Group Appearance index 0.91

Latest deals

CompanyIndustryRound SizeDateInvestorsLocation

Stylo

Data Center Automation
Enterprise Software
Software
$3M19 Oct 2022 New York, New York, United States

Zenskar

Billing
Software
$3M03 Oct 2022 New York, New York, United States

Employee Cycle

Human Resources
Software
$2M27 Sep 2022 Philadelphia, Pennsylvania, United States

CYBERA

Banking
Cyber Security
Financial Services
Law Enforcement
Security
$4M15 Jun 2022 New York, New York, United States

R-Go Robotics

Artificial Intelligence
Information Technology
Machine Learning
Robotics
$15M08 May 2022 Cambridge, Massachusetts, United States

CYBERA

Banking
Cyber Security
Financial Services
Law Enforcement
Security
$4M06 May 2022 New York, New York, United States

RevenueBase

Database
Lead Generation
Marketing
SaaS
Sales Automation
Software
$6M06 Apr 2022 Newton, Massachusetts, United States

Amper Technologies

Analytics
Industrial
Industrial Automation
$11M11 Mar 2022 Chicago, Illinois, United States

iRestify

Internet
$4M08 Mar 2022 Old Toronto, Ontario, Canada

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