Convergence Ventures Overview
- Investor Type
-
Venture Capital
- Status
-
Active
- Investments
-
65
- Portfolio
-
13
- Exits
-
27
Convergence Ventures General Information
Company Description
Founded in 2014, Convergence Ventures is a venture capital firm based in Jakarta, Indonesia. The firm seeks to invest in companies operating in the internet and mobile sectors across Southeast Asia.
Business Details
Investor Status
Primary Investor Type
Corporate Office
- 2, Jalan H. R. Rasuna Said
- Jakarta
- Indonesia
Convergence Ventures Investments (65)
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Company Stage | Lead Partner |
|---|---|---|---|---|---|---|
| Ayoconnect | 14-Oct-2022 | Later Stage VC | Financial Software | Generating Revenue | ||
| Julo (Consumer Finance) | 07-Feb-2022 | Consumer Finance | Generating Revenue | |||
| KoinWorks | 11-Jan-2022 | Other Financial Services | Generating Revenue | |||
| Julo (Consumer Finance) | 31-Oct-2020 | Consumer Finance | Generating Revenue | |||
| Ematic Solutions | 15-Jul-2020 | Business/Productivity Software | Generating Revenue | |||
| Laku6 | 12-May-2020 | Specialty Retail | Generating Revenue | |||
| Hacktiv8 | 15-Jan-2020 | Educational and Training Services (B2C) | Generating Revenue | |||
| Julo (Consumer Finance) | 23-Dec-2019 | Consumer Finance | Generating Revenue | |||
| Carsome | 20-Dec-2019 | Later Stage VC | Automotive | Profitable | ||
| KoinWorks | 04-Nov-2019 | Early Stage VC | Other Financial Services | Generating Revenue |
Convergence Ventures Exits (27)
| Company Name | Exit Date | Exit Type | Exit Size |
|---|---|---|---|
| Investree | 21-Oct-2024 | Bankruptcy: Liquidation | |
| Dekoruma | 21-Jun-2024 | ||
| 17Live | 07-Dec-2023 | ||
| Seekmi | 10-May-2023 | ||
| MBDC Media | 01-May-2023 | ||
| Workmate | 10-Oct-2022 | ||
| Xendit | 22-Sep-2022 | ||
| Laku6 | 26-Jul-2022 | ||
| Urbanhire | 01-Sep-2021 | Out of Business | |
| PAYFAZZ | 04-Mar-2021 | Merger/Acquisition |
Convergence Ventures Investments by Industry, Year, and Region
Investments by Industry
Investments by Year
Investments by Region
Convergence Ventures Co-Investors (20)
| Name | With | Exits | Lead Partner | Series | Industry |
|---|---|---|---|---|---|
| Accion | 2 |
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| MDI Ventures |
|
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| Quona Capital |
|
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| Alto Partners |
|
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| Gobi Partners |
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Convergence Ventures FAQs
-
What is Convergence Ventures?
Founded in 2014, Convergence Ventures is a venture capital firm based in Jakarta, Indonesia.
-
When was Convergence Ventures founded?
Convergence Ventures was founded in 2014.
-
Where is Convergence Ventures headquartered?
Convergence Ventures is headquartered in Jakarta, Indonesia.
-
What is Convergence Ventures's total asset value?
Convergence Ventures has around in total assets under management.
-
How many investments has Convergence Ventures made?
Convergence Ventures has made 65 investments.
-
What has Convergence Ventures invested in?
Convergence Ventures has made numerous investments in companies like Ayoconnect, Julo (Consumer Finance), and KoinWorks within the Financial Software, Consumer Finance, and Financial Services industries.
-
What has Convergence Ventures invested in recently?
Convergence Ventures's latest investment was on 14-Oct-2022 in Ayoconnect, a company within the Financial Software industry.
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