Convergence Medical Overview
- Year Founded
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2022
- Status
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Private
- Employees
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9
- Latest Deal Type
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Series A
- Latest Deal Amount
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$5M
- Investors
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5
Convergence Medical General Information
Description
Developer of an arthroscopic robot designed to improve illumination and decrease the risk of cartilage damage. The company's robot is integrated with the motors and controller which allows continuous position and status monitoring in the surgical field, enabling doctors to automate procedures and make surgery easy.
Contact Information
Website
www.convergenceortho.comCorporate Office
- Brisbane, Queensland 4006
- Australia
Corporate Office
- Brisbane, Queensland 4006
- Australia
Convergence Medical Timeline
Convergence Medical Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 3. Early Stage VC (Series A) | 16-Jan-2025 | $5M | Completed | Pre-Clinical Trials | ||
| 2. Seed Round | 15-Dec-2023 | Completed | Pre-Clinical Trials | |||
| 1. Accelerator/Incubator | 16-Jun-2023 | Completed | Pre-Clinical Trials |
Convergence Medical Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Seed Preference |
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Opportunity Score
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Exit Type
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Convergence Medical Related Research & Analysis
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Verticals
Convergence Medical Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Convergence Medical Investors (5)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Avicella Capital | Venture Capital | Minority | ||
| AngelLoop | Angel Group | Minority | ||
| Brisbane Angels | Angel Group | Minority | ||
| UniQuest Extension Fund | Venture Capital | Minority | ||
| Brisbane Economic Development Agency | Accelerator/Incubator |
Convergence Medical FAQs
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When was Convergence Medical founded?
Convergence Medical was founded in 2022.
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Where is Convergence Medical headquartered?
Convergence Medical is headquartered in Brisbane, Australia.
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What is the size of Convergence Medical?
Convergence Medical has 9 total employees.
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What industry is Convergence Medical in?
Convergence Medical’s primary industry is Other Devices and Supplies.
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Is Convergence Medical a private or public company?
Convergence Medical is a Private company.
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What is the current valuation of Convergence Medical?
The current valuation of Convergence Medical is .
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What is Convergence Medical’s current revenue?
The current revenue for Convergence Medical is .
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How much funding has Convergence Medical raised over time?
Convergence Medical has raised $6.71M.
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Who are Convergence Medical’s investors?
Avicella Capital, AngelLoop, Brisbane Angels, UniQuest Extension Fund, and Brisbane Economic Development Agency have invested in Convergence Medical.
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