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Converge

Converge

Private
LondonFrontier & Industrial Techhttps://www.converge.io/

Last 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

concrete monitoringconstruction techcontechconstruction AIconcrete strength monitoringwireless sensorspredictive analyticsIoT hardwareconcrete mix optimizationconstruction SaaSproptechjobsite intelligencesustainable constructionembodied carbon reductiongreen building

Historical Pricing

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Caplight Momentum Score

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Converge Comparables

Compare Converge with similar companies based on industry and business-model similarity.

Converge comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Giatec Scientific
90%
EXACT Technology
83%
Sensytec
79%

Converge Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Series BMay 21, 2025
Series AMay 25, 2022
GrantOct 22, 2015

Key People

Founding team and executive leadership

Maria Alvarez Garcia

EA To The CEO And CTO (Startup Generalist)

Executive Team

Raphael Scheps

Co-Founder and CEO

Founding Team

John Patterson

CFO

Executive Team

Converge Investors

Notable investors and investment history

Converge investors
InvestorRounds
PI ImpactSeries B
Climate InvestmentSeries B, Series A
Force Over Mass CapitalSeries B, Series A
MassChallenge IsraelGrant
Move EnergySeries B
ABN AMRO Sustainable Impact FundSeries B
To.org VenturesSeries 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

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Converge filings preview — column headings only; records require access
TypeDateAmount OfferedAmount SoldFilingPagesDownload

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Frequently Asked Questions

Common questions about Converge's valuation, stock price, and market status.

Is Converge a public or private company?

Converge is a private company.

What is the current stock price of Converge?

Converge is a private company with no public stock price. No recent secondary market data is available.

How much is Converge worth (valuation)?

Valuation information for Converge is not publicly available.

Can I buy Converge stock?

Converge shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors. Visit https://www.caplight.com to learn more.

When was Converge's last funding round?

Converge's most recent funding round was Series B on May 21, 2025.

Who are the main investors in Converge?

Key investors in Converge include Climate Investment, ABN AMRO Sustainable Impact Fund.

Will Converge IPO soon?

No public IPO plans have been announced for Converge.

How can I track Converge secondary market activity?

Caplight tracks bids, offers, and trades for private companies. Visit https://www.caplight.com to monitor Converge's secondary market activity and sign up for updates.

Firmographic Details

HeadquartersLondon
Employee Range44
Year Founded2014
Last FundingMay 21, 2025

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