Convergence Capital I Overview
Convergence Capital I General Information
Description
Convergence Capital I is an early-stage venture capital fund managed by Convergence Ventures. The fund is located in Jakarta, Indonesia, and invests in Indonesia. The fund targets investment in information technology and TMT sectors. The fund prefers to invest up to $500,000 in 25 to 30 startups over the next five years.
Contact Information
Fund Manager's Location
- Rooms 905-909 Yu To Sang Building
- 37 Queen's Road, Central
- Hong Kong
- Hong Kong
Convergence Capital I Investments (53)
Convergence Capital I has made a total of 53 investments. Its most recent deal was a with Julo (Financial Software) for . The deal was made on 07-Feb-2022.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Company Stage | Lead Partner |
|---|---|---|---|---|---|---|
| Julo (Financial Software) | 07-Feb-2022 | Financial Software | Generating Revenue | |||
| Hacktiv8 | 15-Jan-2020 | Educational and Training Services (B2C) | Generating Revenue | |||
| Julo (Financial Software) | 23-Dec-2019 | Financial Software | Generating Revenue | |||
| Carsome | 20-Dec-2019 | Automotive | Generating Revenue | |||
| KoinWorks | 04-Nov-2019 | Other Financial Services | Generating Revenue | |||
| Sorabel | 29-Aug-2019 | Clothing | Generating Revenue | |||
| Logisly | 15-Aug-2019 | Logistics | Startup | |||
| Shipper | 12-Jun-2019 | Logistics | Generating Revenue | |||
| Stockbit | 22-Mar-2019 | Later Stage VC (Series A) | Brokerage | Generating Revenue | ||
| ZUZU Hospitality | 19-Mar-2019 | Early Stage VC (Series A) | Business/Productivity Software | Generating Revenue |
Convergence Capital I Investment Strategy
Investments by Industry
Investments by Deal Type
Convergence Capital I Returns Data
The below charts are illustrative of the type of graphical data available to our clients and do not represent live data.
IRR (%)
DPI (x)
RVPI (x)
TVPI (x)
Convergence Capital I Benchmark (77)
| Fund Name | Fund Type | Vintage | IRR | Quartile | As of Date |
|---|---|---|---|---|---|
| The Golden Equator Technology and Innovation Fund | |||||
| YouWeCan Ventures Fund | |||||
| Lotte-KDB Open Innovation Fund | |||||
| Katalyst Philippines Fund | |||||
| EVC Venture Fund | |||||
| Linear Venture USD Fund II | |||||
| Advantedge Founders Fund I | 31-Dec-2023 | ||||
| Shooting Star Fund | |||||
| Convergence Capital I | |||||
| Fresco Capital How Tomorrow Works Venture Fund I |
Convergence Capital I FAQs
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What is Convergence Capital I?
Convergence Capital I is an early-stage venture capital fund managed by Convergence Ventures.
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Who manages Convergence Capital I?
Convergence Capital I is managed by Convergence Ventures.
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Where is Convergence Capital I domiciled?
Convergence Capital I is domiciled in Indonesia.
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What is Convergence Capital I's size?
Convergence Capital I has a size of .
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What type of fund is Convergence Capital I?
The fund type of Convergence Capital I is Venture.
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What is the status of Convergence Capital I?
Convergence Capital I is closed.
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What has Convergence Capital I invested in?
Convergence Capital I has made numerous investments in companies like Julo (Financial Software), Hacktiv8, and Carsome within the Financial Software, Educational and Training Services (B2C), and Automotive industries.
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What has Convergence Capital I invested in recently?
Convergence Capital I's latest investment was on 07-Feb-2022 in Julo (Financial Software), a company within the Financial Software industry.
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