Converge (Electronic Equipment and Instruments) Overview
- Year Founded
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2014

- Status
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Private
- Employees
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40

- Latest Deal Type
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Accelerator/Inc
- Investors
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21
Converge (Electronic Equipment and Instruments) General Information
Description
Developer of wireless and cloud-based technologies designed to help construction companies deliver their projects more efficiently, safely, and sustainably. The company's sensors are embedded in the concrete slab which then collects and transmits temperature data in real-time to the repeater or the hub, enabling clients to have data required to shorten concrete cycles and maximize efficiency.
Contact Information
Website
www.converge.ioCorporate Office
- 5.02A Mermaid House
- London EC4V 3DS
- England, United Kingdom
Corporate Office
- 5.02A Mermaid House
- London EC4V 3DS
- England, United Kingdom
Converge (Electronic Equipment and Instruments) Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
16. Accelerator/Incubator | Completed | Generating Revenue | ||||
15. Accelerator/Incubator | Completed | Generating Revenue | ||||
14. Later Stage VC (Series A) | 25-May-2022 | Completed | Generating Revenue | |||
13. Later Stage VC | 01-Sep-2020 | Completed | Generating Revenue | |||
12. Accelerator/Incubator | 15-Jun-2020 | Completed | Generating Revenue | |||
11. Grant | 01-Jun-2020 | Completed | Generating Revenue | |||
10. Grant | 01-Apr-2020 | Completed | Generating Revenue | |||
9. Grant | 01-Feb-2019 | Completed | Generating Revenue | |||
8. Later Stage VC | 31-Jan-2019 | $4.87M | $7.06M | Completed | Generating Revenue | |
7. Grant | 01-Jan-2019 | $112K | $2.19M | Completed | Generating Revenue |
Converge (Electronic Equipment and Instruments) Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
Series A Preferred | ||||||||
Ordinary | ||||||||
Ordinary | ||||||||
Ordinary | ||||||||
Ordinary | ||||||||
Ordinary | ||||||||
Ordinary | ||||||||
Ordinary | ||||||||
Ordinary | 390,000 | $0.000124 | $1.24 | $1.24 | 1x | $1.24 | 9.79% | |
Ordinary | 80,000 | $0.000124 | $0.16 | $0.16 | 1x | $0.16 | 2.01% |
VC Exit Predictor
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Converge (Electronic Equipment and Instruments) Comparisons
Industry
Financing
Details
Converge (Electronic Equipment and Instruments) Competitors (5)
One of Converge (Electronic Equipment and Instruments)’s 5 competitors is Maturix, a Accelerator/Incubator Backed company based in Odense, Denmark.
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Maturix | Accelerator/Incubator Backed | Odense, Denmark | ||||
Giatec | Venture Capital-Backed | Ottawa, Canada | ||||
Metrikus | Venture Capital-Backed | London, United Kingdom | ||||
Rhumbix | Venture Capital-Backed | Lafayette, CA | ||||
Cheqroom | Venture Capital-Backed | Ghent, Belgium |
Converge (Electronic Equipment and Instruments) Patents
Converge (Electronic Equipment and Instruments) Recent Patent Activity
Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
---|---|---|---|---|---|
US-D990866-S1 | Pencil case | Active | 11-Mar-2021 |
Converge (Electronic Equipment and Instruments) Signals
Converge (Electronic Equipment and Instruments) Investors (21)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
---|---|---|---|---|
Conduit Connect | Impact Investing | Minority | ||
EMV Capital (Acquired) | Venture Capital | Minority | ||
Plug and Play Tech Center | Accelerator/Incubator | Minority | ||
TO VC (New York) | Impact Investing | Minority | ||
Climate Investment | Venture Capital | Minority |
Converge (Electronic Equipment and Instruments) FAQs
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When was Converge (Electronic Equipment and Instruments) founded?
Converge (Electronic Equipment and Instruments) was founded in 2014.
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Where is Converge (Electronic Equipment and Instruments) headquartered?
Converge (Electronic Equipment and Instruments) is headquartered in London, United Kingdom.
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What is the size of Converge (Electronic Equipment and Instruments)?
Converge (Electronic Equipment and Instruments) has 40 total employees.
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What industry is Converge (Electronic Equipment and Instruments) in?
Converge (Electronic Equipment and Instruments)’s primary industry is Electronic Equipment and Instruments.
-
Is Converge (Electronic Equipment and Instruments) a private or public company?
Converge (Electronic Equipment and Instruments) is a Private company.
-
What is Converge (Electronic Equipment and Instruments)’s current revenue?
The current revenue for Converge (Electronic Equipment and Instruments) is
. -
How much funding has Converge (Electronic Equipment and Instruments) raised over time?
Converge (Electronic Equipment and Instruments) has raised $31.3M.
-
Who are Converge (Electronic Equipment and Instruments)’s investors?
Conduit Connect, EMV Capital (Acquired), Plug and Play Tech Center, TO VC (New York), and Climate Investment are 5 of 21 investors who have invested in Converge (Electronic Equipment and Instruments).
-
Who are Converge (Electronic Equipment and Instruments)’s competitors?
Maturix, Giatec, Metrikus, Rhumbix, and Cheqroom are competitors of Converge (Electronic Equipment and Instruments).
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