# Convergence: portfolio, investments and team

> Convergence is an asset manager based in Malaysia. 4 investments on record, latest Sept 2019. Portfolio, stages, co-investors and team.

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

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

# Convergence

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

Email

Asset manager Quiet Last fund $33M, Jul 2023

Series A Education Technology Consumer

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Cheques on record

**0%** of best year **0** **cheques in 12 months**, 4 on record

Since the last cheque **2607** days **00** hrs **00** min **00** sec

Median round **$13M** Rounds led **0 of 4**

Pitch Convergence

## Convergence highlights

- 01 4 rounds on record
- 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:** Education Technology Consumer
- **Based in:** Kuala Lumpur, Malaysia
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **4 appearances**

- **2019** 2 rounds
- **Sept** **[Julo](https://millionrounds.com/company/julo)** Series A · ID · TechCrunch **$10M** With 5 others
- **Mar** **[Zuzu Hospitality Solutions](https://millionrounds.com/company/zuzu-hospitality-solutions)** Series A · SG · Businesstimes **$3.7M** With 5 others
- **2018** 2 rounds
- **Aug** **[KoinWorks](https://millionrounds.com/company/koinworks)** Series A · ID · FinSMEs **$17M** With 1 other
- **Jun** **[M17](https://millionrounds.com/company/m17)** TW · TechCrunch **$35M** With 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 registration **18 named**

AG **Allen Getwick** Manager of general partner i Filing they signed

BD **Blair Duncan** Chief Financial Officer and Treasurer of general partner i Filing they signed

CW **Chris Whitman** Managing Member of the Sub-Advisor i Filing they signed

CC **Colby Cox** Manager of the Manager i Filing they signed

DB **Derek Boles** Director i Filing they signed

DF **Doug Freedman** Manager of the Manager i Filing they signed

DF **Douglas Freedman** Founder i Filing they signed

GR **Gary Reese** Manager of general partner i Filing they signed

HB **Harry Bushong** CEO, President, Manager of general partner i Filing they signed

JM **John Marsh** Secretary of general partner i Filing they signed

JN **John Nghiem** Member of Investment Committee of general partner i Filing they signed

MT **Matthew Topley** Director i Filing they signed

NC **Nick Collins** Member of Investment Committee of general partner i Filing they signed

RM **Richard Mathies** Advisor to Investment Committee of general partner i Filing they signed

RC **Ryan Colburn** Manager of general partner i Filing they signed

SS **Shawn Smith** Manager of the Manager i Filing they signed

SS **Shawn Smtih** Founder i Filing they signed

SS **Steve Sansom** Manager of the General Partner i Filing 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.

Latest fund on file

**$33M**

raised in Jul 2023

From its SEC filing. Nothing newer is on file yet.

## The cheque

Series A

Median round joined **$13M** the round, not its cheque

Led 0 of 4 rounds **0%**

- **Sole investor:** Never alone
- **Last cheque:** Sept 2019

Rounds by stage said on their site

- Series A *3*

Cheques by year Led Joined

2018 2019

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## Recently backed

The latest companies Convergence put money into.

[**Julo** $10M · Sept 2019](https://millionrounds.com/company/julo)[**KoinWorks** $17M · Aug 2018](https://millionrounds.com/company/koinworks)

## 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.

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