# Convergence Partners: portfolio, investments and team > Convergence Partners is a private equity based in South Africa. 7 investments on record, 1 in the last 12 months, latest Aug 2026. Source: https://millionrounds.com/fund/convergence-partners-2 (Millionrounds; every figure on the page links to its filing or article) South Africa · [Investor](https://millionrounds.com/investors) # Convergence Partners Last cheque observed Aug 2026; 7 cheques on record. Email Private equity Deploying now Seed Series A Series B Infra Infrastructure Follow Convergence Partners and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fconvergence-partners-2) Deploying now **100%** of best year **1** **cheques in 12 months**, 7 on record Since the last cheque **87** days **00** hrs **00** min **00** sec Median round **$40M** Rounds led **1 of 7** Exits **3 from the portfolio** Mostly in **United States, 86%** Pitch Convergence Partners ## Convergence Partners highlights - 01 1 cheques in the last 12 months - 02 Mostly Series C and Series A: 71% of its rounds - 03 Led 1 rounds - 04 3 exits from the portfolio ## What they do > Convergence Partners in a buyout of the Datacentrix Group From their own website - **Type:** Private equity (from a list, unverified) - **Cheque size:** Not stated - **Stages:** Seed Series A Series B Growth - **Sectors:** Infra Infrastructure - **Based in:** Johannesburg, South Africa - **Cold pitches:** Not accepted ## The record Every round we can evidence, newest first **7 appearances** - **2026** 1 round - **Aug** **[Yellow Card](https://millionrounds.com/company/yellow-card)** Series C · NG · Convergence Partners **$40M** *Led* - **2009** 1 round - **Nov** **[Penguin Computing](https://millionrounds.com/company/penguin-computing)** Venture · US · deals.venturebeat.com **$1.5M** With 3 others - **2008** 1 round - **Feb** **[Clickability](https://millionrounds.com/company/clickability)** Series C · US · paidcontent.org **$8.0M** With 1 other - **2007** 2 rounds - **Oct** **[Penguin Computing](https://millionrounds.com/company/penguin-computing)** Series C · US · venturebeat.com **$3.1M** With 3 others - **Mar** **[Penguin Computing](https://millionrounds.com/company/penguin-computing)** Series B · US · venturebeat.com **$9.0M** With 3 others - **2006** 2 rounds - **Aug** **[Azaire Networks](https://millionrounds.com/company/azaire-networks)** Series C · US · highbeam.com **$21M** With 3 others - **Feb** **[Penguin Computing](https://millionrounds.com/company/penguin-computing)** Series A · US · hosting.mansellgroup.net **$1.7M** With 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 infrastructure](https://millionrounds.com/company/csquared)[Fintech company in](https://millionrounds.com/company/venture-garden-group)[Leading tech player](https://millionrounds.com/company/snapt) A Pan African A high-tech company A leading fintech African subsidiary of Africa’s first and Customer experience management Entersekt Eset Gamezboost Group of companies High speed, open Inalabroadcast Incubator, investor, and Independent Integrated voice, data, International submarine and Leading African mobile Leading international digital Leading provider of Leading supplier of Leading telematics SaaS Mobile advertising and Mobile field-force management solutions National long-haul fibre One of South Paradigm Infrastructure specializes Systems integrator providing The leading carrier-neutal Wireless 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 listed **3 in all** **[Penguin Computing](https://millionrounds.com/company/penguin-computing)** Bought by Asetek **Undisclosed** Oct 2015 **[Clickability](https://millionrounds.com/company/clickability)** Bought by Upland Software **Undisclosed** Dec 2013 **[Clickability](https://millionrounds.com/company/clickability)** Bought by [Limelight Networks](https://millionrounds.com/fund/limelight-networks) **Undisclosed** May 2011 An exit counts when it came after the firm's first round in the company. From historical deal records. ## The cheque Seed Series A Series B Median round joined **$40M** the round, not its cheque Led 1 of 7 rounds **14%** - **Sole investor:** Never alone - **Last cheque:** Aug 2026 - **Exits:** 3 from the portfolio Rounds by stage said on their site - Series C *4* - Series A said *1* - Series B said *1* - Venture *1* - Seed said *-* - Growth said *-* Cheques by month Led Joined Dec 2023 Nov 2026 Often in the room with - [San Francisco Equity Partners](https://millionrounds.com/fund/san-francisco-equity-partners) 4 - [Weber Capital](https://millionrounds.com/fund/weber-capital) 4 - [vSpring Capital](https://millionrounds.com/fund/vspring-capital) 3 **Pitching Convergence Partners?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque. Add to your CRM *→* ## 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. [**San Francisco Equity Partners** Private equity **4** rounds together](https://millionrounds.com/fund/san-francisco-equity-partners)[**Weber Capital** VC firm **4** rounds together](https://millionrounds.com/fund/weber-capital)[**vSpring Capital** VC firm **3** rounds together](https://millionrounds.com/fund/vspring-capital) ## Recently backed The latest companies Convergence Partners put money into. [**Yellow Card** $40M · Aug 2026](https://millionrounds.com/company/yellow-card) ## 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). ## Raising now? Find the investors who back rounds like yours, and keep every conversation on one fundraising board. Find similar investorsOpen your CRM Built from the rounds we watched, its filings and its own website, refreshed every night. 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