# Convergence Ventures: portfolio, investments and team

> Convergence Ventures is a vc firm based in Indonesia. 12 investments on record, latest Dec 2015. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/convergence-ventures (Millionrounds; every figure on the page links to its filing or article)

Indonesia · [Investor](https://millionrounds.com/investors)

# Convergence Ventures

Last cheque observed Dec 2015. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

Quiet VC firm

Series A Seed Series B Apps Field-Programmable Gate Array (FPGA) Venture Capital & Private Equity

Cheques on record

**0%** of best year **0** **cheques in 12 months**, 12 on record

Since the last cheque **3981** days **00** hrs **00** min **00** sec

Median round **$1.5M** Rounds led **0 of 12** Sole investor **1 rounds** Mostly in **Indonesia, 67%**

Pitch Convergence Ventures

## Convergence Ventures highlights

- 01 12 rounds on record
- 02 Mostly Series A and Seed: 75% of its rounds
- 03 Sole investor in 1 rounds, median undisclosed

## What they do

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** Not stated
- **Sectors:** Apps Field-Programmable Gate Array (FPGA) Venture Capital & Private Equity
- **Based in:** Jakarta, Indonesia
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **12 appearances**

- **2015** 8 rounds
- **Dec** **[Ematic Solutions](https://millionrounds.com/company/ematic-solutions)** Seed · SG **$1.1M** With 2 others
- **Nov** **[Indotrading](https://millionrounds.com/company/indotrading)** Series B · ID **Undisclosed** With 5 others
- **Oct** **[Qraved](https://millionrounds.com/company/qraved)** Series B · ID **$8.0M** With 6 others
- **Oct** **[Moneysmart](https://millionrounds.com/company/moneysmart)** Series A · SG **$2.0M** With 3 others
- **Oct** **[YesBoss](https://millionrounds.com/company/yesboss)** Seed · ID **Undisclosed** With 2 others
- **Jul** **[Paktor](https://millionrounds.com/company/paktor)** Series B · SG **$7.5M** With 3 others
- **Jul** **[Adskom](https://millionrounds.com/company/adskom)** Series A · SG **Undisclosed** With 4 others
- **Mar** **[Indotrading](https://millionrounds.com/company/indotrading)** Series A · ID **$1.5M** With 5 others
- **2014** 3 rounds
- **Nov** **[Qraved](https://millionrounds.com/company/qraved)** Series A · ID **$1.3M** With 2 others
- **Nov** **[FemaleDaily Network](https://millionrounds.com/company/femaledaily-network)** Series A · ID **$1.0M** With 4 others
- **Sept** **[Malesbanget](https://millionrounds.com/company/malesbanget)** Seed · ID **Undisclosed** With 2 others
- **2011** 1 round
- **Jun** **[Malesbanget](https://millionrounds.com/company/malesbanget)** Seed · ID **Undisclosed** Sole investor

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 **3** 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.

## The cheque

Series A Seed Series B

Median round joined **$1.5M** the round, not its cheque Alone, median **-**

Led 0 of 12 rounds **0%**

- **Sole investor:** 1 rounds
- **Last cheque:** Dec 2015

Rounds by stage said on their site

- Series A *5*
- Seed *4*
- Series B *3*

Cheques by year Led Joined

2011 2015

Often in the room with

- [500 Global](https://millionrounds.com/fund/500-startups) 5
- [Golden Gate Ventures](https://millionrounds.com/fund/golden-gate-ventures) 3
- [OPT SEA](https://millionrounds.com/fund/opt-sea) 3
- [Rebright Partners](https://millionrounds.com/fund/rebright-partners) 3
- [Convergence Accel](https://millionrounds.com/fund/convergence-accel) 2
- [Convergent Ventures](https://millionrounds.com/fund/convergent-ventures) 2

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## Who they invest alongside

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

[**500 Global** Angel **5** rounds together](https://millionrounds.com/fund/500-startups)[**Golden Gate Ventures** VC firm **3** rounds together](https://millionrounds.com/fund/golden-gate-ventures)[**OPT SEA** VC firm **3** rounds together](https://millionrounds.com/fund/opt-sea)[**Rebright Partners** VC firm **3** rounds together](https://millionrounds.com/fund/rebright-partners)[**Convergence Accel** VC firm **2** rounds together](https://millionrounds.com/fund/convergence-accel)[**Convergent Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/convergent-ventures)[**GMO VenturePartners** Corporate VC **2** rounds together](https://millionrounds.com/fund/gmo-venture-partners)[**M & Y Growth Partners** VC firm **2** rounds together](https://millionrounds.com/fund/m-and-y-growth-partners)[**aucfan Co.,Ltd.** VC firm **2** rounds together](https://millionrounds.com/fund/aucfan-co-ltd)

## Quick answers about Convergence Ventures

### What does Convergence Ventures invest in?

Convergence Ventures invests most often at Series A and Seed (75% of the rounds on record), in sectors such as Apps, Field-Programmable Gate Array (FPGA) and Venture Capital & Private Equity.

### How active is Convergence Ventures?

12 investments on record, 0 of them in the last 12 months. The most recent was in Dec 2015.

### How big are Convergence Ventures's cheques?

The median round it joins is $1.5M.

### Does Convergence Ventures lead rounds?

Rarely, if at all: none of its 12 investments on record names it as the lead.

### Where does Convergence Ventures invest?

Most of the companies it backs are in Indonesia (67%) and Singapore (33%).

### Is Convergence Ventures investing now?

No investments in the last 12 months; the latest was in Dec 2015.

### Who does Convergence Ventures invest alongside?

Most often 500 Global (5 rounds together), Golden Gate Ventures (3 rounds together) and OPT SEA (3 rounds together).

### What kind of investor is Convergence Ventures?

Convergence Ventures is a VC firm based in Jakarta, Indonesia.

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