Converge (Electronic Equipment and Instruments) Overview

  • Year Founded
  • 2014

Year Founded

  • Status
  • Private

  • Employees
  • 40

Employees

  • Latest Deal Type
  • Accelerator/​Inc

  • Investors
  • 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.io
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 5.02A Mermaid House
  • London EC4V 3DS
  • England, United Kingdom
+44 020
Primary Industry
Electronic Equipment and Instruments
Other Industries
Application Specific Semiconductors
Vertical(s)
Construction Technology, Internet of Things, Mobile
Corporate Office
  • 5.02A Mermaid House
  • London EC4V 3DS
  • England, United Kingdom
+44 020

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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
To view Converge (Electronic Equipment and Instruments)’s complete valuation and funding history, request access »

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%
To view Converge (Electronic Equipment and Instruments)’s complete cap table history, request access »

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Opportunity Score

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Exit Type

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Converge (Electronic Equipment and Instruments) Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of wireless and cloud-based technologies designed to help construction companies deliver their projects more e
Electronic Equipment and Instruments
London, United Kingdom
40 As of 2023

Odense, Denmark
 

Ottawa, Canada
 
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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
You’re viewing 5 of 5 competitors. Get the full list »

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

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

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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
You’re viewing 5 of 21 investors. Get the full list »

Converge (Electronic Equipment and Instruments) FAQs

  • When was Converge (Electronic Equipment and Instruments) founded?

    Converge (Electronic Equipment and Instruments) was founded in 2014.

  • Where is Converge (Electronic Equipment and Instruments) headquartered?

    Converge (Electronic Equipment and Instruments) is headquartered in London, United Kingdom.

  • What is the size of Converge (Electronic Equipment and Instruments)?

    Converge (Electronic Equipment and Instruments) has 40 total employees.

  • 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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