# Convercent funding: rounds and investors

> Convercent has raised $77M across 6 rounds since 2013. Investors include Tola Capital, Sapphire Ventures and Azure Capital Partners.

Source: https://millionrounds.com/company/convercent (Millionrounds; every figure on the page links to its filing or article)

United States · [Funded startup](https://millionrounds.com/companies)

# Who invested in *Convercent*

6 rounds we have observed, with the 7 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Regtech IT Services

Funding summary Updated 26 Oct 2026

**$77M** raised across 6 rounds since 2013, from 6 sources

**$10M** Series A **$10M** Series B **$11M** Venture **$11M** Series C **$10M** Series D **$25M** Round

- **Latest round:** Round, $25M Dec 2017
- **Step-up i:** 2.5×
- **Investors:** 7 (1 led)

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2013 2014 2015 2016 2017

**$10M** Series A

**$10M** Series B

**$11M** Venture

**$11M** Series C

**$10M** Series D

**$25M** Round

- **First round:** Series A, $10M
- **Biggest round:** $25M
- **Usual gap between rounds:** 10 months

## The rounds

- **Dec 2017** Round **$25M** *1 new* *1 returning* [Tola Capital](https://millionrounds.com/fund/tola-capital) Rho Ventures/ Sapphire Reported by FinSMEs SEC filing: $25M sold, first sale Dec 2017
- **Feb 2017** Series D **$10M** *1 returning* [Sapphire Ventures](https://millionrounds.com/fund/sapphire-ventures) Reported by Denverpost SEC filing: $10M sold, first sale Jan 2017
- **Jun 2016** Series C **$11M** *1 new* [Tola Capital](https://millionrounds.com/fund/tola-capital) Lead Reported by Marketwired SEC filing: $11M sold, first sale May 2016
- **Mar 2015** Venture **$11M** No investor was named in the report. From a historical funding record SEC filing: $11M sold, first sale Mar 2015
- **Oct 2013** Series B **$10M** *3 new* *2 returning* [Sapphire Ventures](https://millionrounds.com/fund/sapphire-ventures) [Rho Capital Partners](https://millionrounds.com/fund/rho-capital-partners) [Azure Capital Partners](https://millionrounds.com/fund/azure-capital-partners) [SAP Ventures](https://millionrounds.com/fund/sap-ventures) [Mantucket Capital](https://millionrounds.com/fund/mantucket-capital) Reported by finsmes.com SEC filing: $7.2M sold, first sale Oct 2013
- **Jan 2013** Series A **$10M** *2 new* [Azure Capital Partners](https://millionrounds.com/fund/azure-capital-partners) [Mantucket Capital](https://millionrounds.com/fund/mantucket-capital) Reported by techcrunch.com

## Founders and team

From the SEC filings it signed: 6 on the team.

- **Patrick Quinlan** Chief Executive Officer i
- **Jennifer Douglas Jaffe** Chief Product Officer i
- **Jonathan Douglas Kalstein** Chief Financial Officer i
- **Lane Douglas Brannan** Chief Revenue Officer i
- **Philip Douglas Winterburn** Chief Strategy Officer i
- **Rachel Douglas Gerace** Chief Operating Officer i

On the board, as filed i *Aaron Douglas Fleishman* *Bill Douglas Portelli* *Habib Kairouz* *Kurt Douglas Drake* *Paul Weinstein* *R. Douglas Higgins*

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Series A** 2013 **Series B** 2013 **Venture** 2015 **Series C** 2016 **Series D** 2017 **Round** 2017 [Tola Capital](https://millionrounds.com/fund/tola-capital) L [Sapphire Ventures](https://millionrounds.com/fund/sapphire-ventures) [Azure Capital Partners](https://millionrounds.com/fund/azure-capital-partners) [Mantucket Capital](https://millionrounds.com/fund/mantucket-capital) [Rho Capital Partners](https://millionrounds.com/fund/rho-capital-partners) [SAP Ventures](https://millionrounds.com/fund/sap-ventures) Rho Ventures/ Sapphire

## Everyone who backed them

[Tola Capital](https://millionrounds.com/fund/tola-capital) VC firm **2** rounds, led 1

[Sapphire Ventures](https://millionrounds.com/fund/sapphire-ventures) VC firm **2** rounds

[Azure Capital Partners](https://millionrounds.com/fund/azure-capital-partners) VC firm **2** rounds

[Mantucket Capital](https://millionrounds.com/fund/mantucket-capital) Family office **2** rounds

[Rho Capital Partners](https://millionrounds.com/fund/rho-capital-partners) Private equity **1** round

[SAP Ventures](https://millionrounds.com/fund/sap-ventures) VC firm **1** round

Rho Ventures/ Sapphire no record of our own yet **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=convercent).

## Quick answers about Convercent

### Who invested in Convercent?

Convercent's investors include Tola Capital, Sapphire Ventures, Azure Capital Partners, Mantucket Capital and Rho Capital Partners, and 2 more on record.

### How much has Convercent raised?

Convercent has raised $77M across 6 rounds since 2013.

### When did Convercent last raise?

Convercent's most recent round was an Undisclosed round of $25M in Dec 2017.

### What was Convercent's biggest round?

Its most recent round, $25M in Dec 2017, is also its largest on record.

### Who backed Convercent first?

Convercent's first round on record, in Jan 2013, was backed by Azure Capital Partners and Mantucket Capital.

### What stage is Convercent at?

Convercent's latest named round is an Undisclosed round, in Dec 2017.

### Where is Convercent based?

Convercent is based in the United States.

### Who led Convercent's rounds?

Tola Capital led the Series C in 2016.

## Companies like Convercent

In the same sector, and raised in the last eighteen months.

[**MURAL** $67M · Oct 2026](https://millionrounds.com/company/mural)[**Chariot Claims** $23M · Oct 2026](https://millionrounds.com/company/chariot-claims)[**Brellium** $40M · Oct 2026](https://millionrounds.com/company/brellium)[**FlexCompute** $53M · Oct 2026](https://millionrounds.com/company/flexcompute)[**Subeca** $9.0M · Oct 2026](https://millionrounds.com/company/subeca)[**Negosh** $3.1M · Oct 2026](https://millionrounds.com/company/negosh)

## Find investors like these

Search every investor by what they have actually funded, then narrow to your stage and market. Free.

Open the investor searchOr these rounds in the app
