Converge
PrivateLast Round
Series B
May 21, 2025
Total Funding Raised
$40.74M
Company Overview
Converge is a construction technology company that provides AI and cloud-based technologies, powered by wireless sensors, to digitize and decarbonize construction.
Sector
Frontier & Industrial Tech
Verticals
Construction Tech, Sensors, Environmental Monitoring, Green Building, Vertical SaaS
Business Model
B2B
Customer Profile
Hardware + Subscription, Subscription SaaS, Hardware Sales, Services & Consulting
AI Layer
Application
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Converge Comparables
Compare Converge with similar companies based on industry and business-model similarity.
| Company | Similarity | Market Cap |
|---|---|---|
| Giatec Scientific | 90% | |
| EXACT Technology | 83% | |
| Sensytec | 79% | |
Converge Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Series B | May 21, 2025 | ||||
| Series A | May 25, 2022 | ||||
| Grant | Oct 22, 2015 |
Key People
Founding team and executive leadership
Converge Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| PI Impact | Series B |
| Climate Investment | Series B, Series A |
| Force Over Mass Capital | Series B, Series A |
| MassChallenge Israel | Grant |
| Move Energy | Series B |
| ABN AMRO Sustainable Impact Fund | Series B |
| To.org Ventures | Series B, Series A |
Market signals
Structured signals derived from secondary market and firmographic data.
- May 21, 2025
$22M round led by ABN AMRO Sustainable Impact Fund.
- Nov 27, 2024
Monthly visitors increased 31% MoM, reaching 47K.
Converge Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
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Frequently Asked Questions
Common questions about Converge's valuation, stock price, and market status.