Malaysia · Investor

Convergence

Last cheque observed Sep 2019. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

Asset managerQuietLast fund $33M, Jul 2023

Series AEducationTechnologyConsumer

Cheques on record
0%of best year0cheques in 12 months, 4 on record
Since the last cheque2607days00hrs00min00sec
Median round$13MRounds led0 of 4
Pitch Convergence

Convergence highlights

  1. 01

    4 rounds on record

  2. 02

    Mostly Series A: 100% of its rounds

What they do

Convergence is a private investment management firm pursuing a long-term, multi-strategy approach across public and private markets.From their own website
Type
Asset manager
Cheque size
Not stated
Sectors
EducationTechnologyConsumer
Based in
Kuala Lumpur, Malaysia
Cold pitches
Not stated

The record

Every round we can evidence, newest first4 appearances

  1. 2019

    2 rounds

  2. Sept
    JuloSeries A · ID · TechCrunch$10MWith 5 others
  3. Mar
    Zuzu Hospitality SolutionsSeries A · SG · Businesstimes$3.7MWith 5 others
  4. 2018

    2 rounds

  5. Aug
    KoinWorksSeries A · ID · FinSMEs$17MWith 1 other
  6. Jun
    M17TW · TechCrunch$35MWith 3 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

The team

Named by the firm itself, on a filing, its Form ADV or its company registration18 named

AGAllen GetwickManager of general partneriFiling they signed
BDBlair DuncanChief Financial Officer and Treasurer of general partneriFiling they signed
CWChris WhitmanManaging Member of the Sub-AdvisoriFiling they signed
CCColby CoxManager of the ManageriFiling they signed
DBDerek BolesDirectoriFiling they signed
DFDoug FreedmanManager of the ManageriFiling they signed
DFDouglas FreedmanFounderiFiling they signed
GRGary ReeseManager of general partneriFiling they signed
HBHarry BushongCEO, President, Manager of general partneriFiling they signed
JMJohn MarshSecretary of general partneriFiling they signed
JNJohn NghiemMember of Investment Committee of general partneriFiling they signed
MTMatthew TopleyDirectoriFiling they signed
NCNick CollinsMember of Investment Committee of general partneriFiling they signed
RMRichard MathiesAdvisor to Investment Committee of general partneriFiling they signed
RCRyan ColburnManager of general partneriFiling they signed
SSShawn SmithManager of the ManageriFiling they signed
SSShawn SmtihFounderiFiling they signed
SSSteve SansomManager of the General PartneriFiling they signed

We also hold 17 people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

Recently backed

The latest companies Convergence put money into.

Quick answers about Convergence

What does Convergence invest in?

Convergence invests most often at Series A (100% of the rounds on record), in sectors such as Education, Technology and Consumer.

How active is Convergence?

4 investments on record, 0 of them in the last 12 months. The most recent was in Sept 2019.

What has Convergence invested in recently?

Its most recent investments on record: Julo (Series A, Sept 2019), Zuzu Hospitality Solutions (Series A, Mar 2019) and KoinWorks (Series A, Aug 2018).

How big are Convergence's cheques?

The median round it joins is $13M.

Is Convergence investing now?

No investments in the last 12 months; the latest was in Sept 2019.

What kind of investor is Convergence?

Convergence is an asset manager based in Kuala Lumpur, Malaysia.

Has Convergence raised a new fund?

Its latest fund filing with the SEC was in Jul 2023, reporting $33M raised.

Where does this information on Convergence come from?

From 4 articles and filings naming it in a round, public registers and its own website, checked and rebuilt every night.

Raising now?

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Built from the rounds we watched, its filings and its own website, refreshed every night. How we count · Report a correction · Is this your firm? Claim it