C

Convergence Ventures

4 employees

Early stage venture capital fund focused on technology companies in Indonesia.

Investor insights

Sectors invested in

FinTech11
Internet11
Financial Services9
E-Commerce8
Finance6
Mobile6
Software5
fintech5
Payment5
Hospitality5
Payments4
Digital Marketing4
Small and Medium Businesses4
Lending4
E-Commerce Platforms4
Point of Sale3
Mobile Payments3
Banking3
Education3
Credit3

Funding rounds participated in

$3.3M sweet spot round size

Most of their 50 investments are in rounds between $2M and $10M

Investor type

Micro VC

Basic info

Industry

venture capital and private equity principals

Sectors

Financial Services
Technology
Start Ups
Finance
Entrepreneurship
Venture Capital

Date founded

2014

Investments made

P

Pandemic Insights raised $5M on March 24, 2021

Investors: Convergence Ventures

K

Kargo Technologies raised $31M on April 13, 2020

Investors: Coca-Cola Amatil, Tenaya Capital, January Capital, AC Ventures, Intudo Ventures and Convergence Ventures

S

Stockbit raised $10M on February 27, 2020

Investors: Ideosource Venture Capital, 500 Startups, East Ventures, Alto Partners Pte Ltd and Convergence Ventures

H

Hacktiv8 Indonesia raised $3M on January 15, 2020

Investors: SMDV, EverHaüs, East Ventures, PT Prasetia Dwidharma, RMKB Ventures, Skystar Capital and Convergence Ventures

C

Carsome raised $50M on December 11, 2019

Investors: MUFG Innovation Partners Co., Ltd, Gobi Partners, Endeavor Catalyst, Ondine Capital 活水資本, Bossa Nova Investimentos and Convergence Ventures

J

JULO raised $10M on September 18, 2019

Investors: Provident Capital, Quona Capital, East Ventures, Skystar Capital, Gobi Partners and Convergence Ventures

L

Logisly raised undisclosed on August 15, 2019

Investors: SeedPlus, Genesia Ventures and Convergence Ventures

U

Undisclosed raised $12M on June 25, 2019

Investors: Quona Capital, PT.Farpoint Prima, PT. Mandiri Capital Indonesia (MCI) and Convergence Ventures

P

PT Payfazz Teknologi Nusantara raised $21M on November 21, 2018

Investors: Insignia Ventures Partners, MDI Ventures, Y Combinator and Convergence Ventures

Z

ZUZU Hospitality raised $3.7M on September 19, 2018

Investors: Golden Gate Ventures, LINE Corp, Wavemaker Partners, Access Ventures LLC, Alpha JWC Ventures and Convergence Ventures

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