Converge Insurance
PrivateLast Round
Strategic
Mar 3, 2025
Total Funding Raised
$20M
Momentum Score
75 /100
Company Overview
Converge Insurance is a managing general agent (MGA) that specializes in cyber risk management and underwriting. The company fuses cyber insurance, security, and proprietary data technology to provide businesses, particularly small to medium-sized enterprises (SMBs), with comprehensive cyber protection. By deploying a proprietary data ecosystem and leveraging expert underwriting, Converge aims to deliver precise, transparent, and customized cyber risk solutions. The company partners with brokers and capacity providers like QBE to bring its coverage to market across the United States. Recent funding is intended to expand its platform functionality, grow its team of experts, and increase its insurance capacity.
Sector
FinTech
Verticals
InsurTech, Compliance & Risk, Threat Intelligence, API Management, Incident Response
Business Model
B2B
Customer Profile
Marketplace Commission
AI Layer
Application
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Converge Insurance Comps
Public and private peers based on sector, stage, and business model.
Converge Insurance Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Strategic | Mar 3, 2025 | ||||
| Series A | Aug 1, 2023 |
Key People
Founding team and executive leadership
Converge Insurance Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Forgepoint Capital | Series A |
| QBE Ventures | Strategic |
Market signals
Structured signals derived from secondary market and firmographic data.
- Mar 19, 2026
Partnered with KYND Limited to deploy cyber vulnerability reports.
- May 21, 2025
David Kimmel appointed as Chief Financial Officer.
Converge Insurance 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 Insurance's valuation, stock price, and market status.