March 7, 2023 12:59 pm Published by James Falkoff Civ Robotics’ autonomous surveying solution, CivDot, is an unmanned ground vehicle (UGV), designed for civil engineering and infrastructure projects, such as solar farms, roadways, data centers and power plants. Leading construction firms like Bechtel have adopted CivDot for surveying. Converge invested alongside ff Venture Capital, Alley Robotics Ventures, and strategic investor Trimble Ventures. Read more... Read More
October 21, 2022 4:44 pm Published by James Falkoff Converge invests in Stylo’s $3M Series Seed Round alongside Matchstick Ventures. Stylo is using next-generation AI to scan each customer support ticket and prioritize the most important issues, leading to decreased response times, customer frustration, and support costs. Read more about Stylo at: www.askstylo.com
October 3, 2022 4:38 pm Published by James Falkoff Converge invests in Zenskar’s $3.5M Series Seed Round alongside Bessemer Venture Partners. Zenskar is building a no-code platform for customized, usage-based pricing, providing software vendors with billing flexibility and automation. Read more about Zenskar’s Series Seed announcement.
September 15, 2022 4:28 pm Published by James Falkoff Converge co-led Cybera’s $5M oversubscribed Seed Round with New North Ventures and Founder Collective. Cybera is building critical global response solutions to prevent and respond to financial cybercrimes. Read more about Cybera’s oversubscribed Series Seed announcement.
July 28, 2022 4:21 pm Published by James Falkoff Converge invests in FeatureByte’s $5.7M Series Seed Round alongside Glasswing Ventures and Tola Capital. FeatureByte is a SaaS solution built specifically for data scientists to simplify the creation, serving, managing, and monitoring of machine learning features. Read more about FeatureByte’s Series Seed announcement.
June 7, 2022 4:15 pm Published by James Falkoff Converge portfolio company Canix raises an additional $10M to expand its cultivation forecasting and production planning ERP throughout the United States and Canada. The platform is currently being used by 400 customers across 17 states and 6 countries. Read more about Canix’s fundraise.
June 2, 2022 4:04 pm Published by James Falkoff Converge invested in Gigasheet’s $7M Series A Round alongside Accomplice, Argon, and Founder Collective. Gigasheet gives users the ability to analyze massive data sets using a simple spreadsheet interface with no setup, configuration, or need for a database. To date, over 10K users are using Gigasheet and over 50 billion rows of data have been... Read More
May 12, 2022 2:58 pm Published by James Falkoff Converge portfolio company, Chainalysis, raised $170 million Series F round led by GIC, doubling its valuation to $8.6 billion. Chainalysis is now the largest enterprise SaaS company in the cryptocurrency industry, and will use the funds to continue to invest in product innovation and scale global operations. Chainalysis is now being used by over 750... Read More
May 3, 2022 9:17 am Published by James Falkoff Converge portfolio company Kintent raises $18 Series A led by Openview. Kintent’s Trust Management platform democratizes every company’s ability to quickly and cost-effectively set up, test, and get audited for security and compliance certifications, automatically respond to security questionnaires, and confidently share its compliance program with enterprise customers. Read more about Kintent’s Series A announcement.
April 26, 2022 2:10 pm Published by James Falkoff Converge invests in Amper Technologies’ $11M Series A alongside Lewis & Clark Ventures, Foundation Capital and Slow Ventures. Amper’s IoT technology is able to provide real-time data on operations from almost any kind of industrial machine, enabling automated and accurate data collection without the hassle of traditional machine integration. Read more about Amper’s Series A... Read More