South Africa · Investor

Convergence Partners

Last cheque observed Aug 2026; 7 cheques on record.

Private equityDeploying now

SeedSeries ASeries BInfraInfrastructure

Deploying now
100%of best year1cheques in 12 months, 7 on record
Since the last cheque87days00hrs00min00sec
Median round$40MRounds led1 of 7Exits3 from the portfolioMostly inUnited States, 86%
Pitch Convergence Partners

Convergence Partners highlights

  1. 01

    1 cheques in the last 12 months

  2. 02

    Mostly Series C and Series A: 71% of its rounds

  3. 03

    Led 1 rounds

  4. 04

    3 exits from the portfolio

What they do

Convergence Partners in a buyout of the Datacentrix GroupFrom their own website
Type
Private equity (from a list, unverified)
Cheque size
Not stated
Stages
SeedSeries ASeries BGrowth
Sectors
InfraInfrastructure
Based in
Johannesburg, South Africa
Cold pitches
Not accepted

The record

Every round we can evidence, newest first7 appearances

  1. 2026

    1 round

  2. Aug
    Yellow CardSeries C · NG · Convergence Partners$40MLed
  3. 2009

    1 round

  4. Nov
    Penguin ComputingVenture · US · deals.venturebeat.com$1.5MWith 3 others
  5. 2008

    1 round

  6. Feb
    ClickabilitySeries C · US · paidcontent.org$8.0MWith 1 other
  7. 2007

    2 rounds

  8. Oct
    Penguin ComputingSeries C · US · venturebeat.com$3.1MWith 3 others
  9. Mar
    Penguin ComputingSeries B · US · venturebeat.com$9.0MWith 3 others
  10. 2006

    2 rounds

  11. Aug
    Azaire NetworksSeries C · US · highbeam.com$21MWith 3 others
  12. Feb
    Penguin ComputingSeries A · US · hosting.mansellgroup.net$1.7MWith 2 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

We hold 21 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.

What they claim to have backed

From their own portfolio page (on their website)

3 of 32 we have independently watched raise

A broadband infrastructureFintech company inLeading tech playerA Pan AfricanA high-tech companyA leading fintechAfrican subsidiary ofAfrica’s first andCustomer experience managementEntersektEsetGamezboostGroup of companiesHigh speed, openInalabroadcastIncubator, investor, andIndependentIntegrated voice, data,International submarine andLeading African mobileLeading international digitalLeading provider ofLeading supplier ofLeading telematics SaaSMobile advertising andMobile field-force management solutionsNational long-haul fibreOne of SouthParadigm Infrastructure specializesSystems integrator providingThe leading carrier-neutalWireless network deployment

Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded.

Exits from the portfolio

Companies it backed that were later bought or listed3 in all

Penguin ComputingBought by AsetekUndisclosedOct 2015
ClickabilityBought by Upland SoftwareUndisclosedDec 2013
ClickabilityBought by Limelight NetworksUndisclosedMay 2011

An exit counts when it came after the firm's first round in the company. From historical deal records.

Who they invest alongside

The investors most often in the same rounds as Convergence Partners. A count of rooms they were both in, not a relationship either has claimed.

Recently backed

The latest companies Convergence Partners put money into.

Quick answers about Convergence Partners

What does Convergence Partners invest in?

Convergence Partners invests most often at Series C and Series A (71% of the rounds on record), in sectors such as Infra and Infrastructure.

How active is Convergence Partners?

7 investments on record, 1 of them in the last 12 months, and it led 1. The most recent was in Aug 2026.

What has Convergence Partners invested in recently?

Its most recent investments on record: Yellow Card (Series C, Aug 2026).

How big are Convergence Partners's cheques?

The median round it joins is $40M.

Does Convergence Partners lead rounds?

Sometimes: it led 1 of its 7 investments on record (14%).

Where does Convergence Partners invest?

Most of the companies it backs are in the United States (86%) and Nigeria (14%).

Is Convergence Partners investing now?

Yes: it is actively investing, with 1 investments in the last 12 months.

Who does Convergence Partners invest alongside?

Most often San Francisco Equity Partners (4 rounds together), Weber Capital (4 rounds together) and vSpring Capital (3 rounds together).

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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