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Convergence Ventures

Asia, Jakarta Raya, Indonesia, Jakarta

Description

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

Investor Profile

Convergence Ventures has made 22 investments, with 0 in the past 12 months and 9% as lead.

Stage Focus

  • Series A (36%)
  • Seed (32%)
  • Series B (18%)
  • Series Unknown (5%)
  • Series C (5%)
  • Convertible Note (5%)

Country Focus

  • Indonesia (64%)
  • Singapore (27%)
  • Malaysia (9%)

Industry Focus

  • Fintech
  • Financial Services
  • Lending
  • E-commerce Platforms
  • Consumer Lending
  • Information Technology
  • Payments
  • E-commerce
  • Software
  • Internet
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Convergence Ventures frequently co-invest with?

Quona Capital
North America, District of Columbia, United States, Washington
Co-Investments: 3
Mandiri Capital Indonesia (MCI)
Asia, Jakarta Raya, Indonesia, Jakarta
Co-Investments: 3
East Ventures
Asia, Tokyo, Japan, Tokyo
Co-Investments: 5
500 Global
North America, California, United States, San Francisco
Co-Investments: 4
Gunung Sewu Group
Asia, Jakarta Raya, Indonesia, Jakarta
Co-Investments: 2
Y Combinator
North America, California, United States, Mountain View
Co-Investments: 5
Vertex Ventures
Asia, Central Region, Singapore, Singapore
Co-Investments: 3
MDI Ventures
Asia, Jakarta Raya, Indonesia, Jakarta
Co-Investments: 4
Convergent Ventures
North America, California, United States, Los Angeles
Co-Investments: 2
Gobi Partners
Asia, Kuala Lumpur, Malaysia, Kuala Lumpur
Co-Investments: 4

Which angels does Convergence Ventures often collaborate with?

EY
North America, California, United States, San Francisco
Shared Deals: 1
TA
Europe, Harjumaa, Estonia, Tallinn
Shared Deals: 1
EC
North America, California, United States, San Francisco
Shared Deals: 1
BF
North America, California, United States, San Francisco
Shared Deals: 1
JD
North America, California, United States, San Francisco
Shared Deals: 1
Eduardo Saverin
Asia, Central Region, Singapore, Singapore
Shared Deals: 1

What are some of recent deals done by Convergence Ventures?

Kargo Technologies

Jakarta, Jakarta Raya, Indonesia

Kargo Technologies is a full-stack logistics platform, connecting shippers with truckers.

E-Commerce PlatformsFreight ServiceLogisticsMarketplaceSoftwareTransportation
Series AApr 13, 2020
Amount Raised: $31,000,000
Hacktiv8

Jakarta, Jakarta Raya, Indonesia

Hacktiv8 is the leading coding bootcamp in Indonesia that turns absolute beginners into job ready developers.

Education
SeedJan 15, 2020
Amount Raised: $3,000,000
Carsome

Petaling Jaya, Selangor, Malaysia

Carsome is a used car e-commerce platform that provides efficient car selling services to individuals and entities.

AutomotiveE-CommerceE-Commerce PlatformsShopping
Series CDec 11, 2019
Amount Raised: $50,000,000
JULO

Jakarta, Jakarta Raya, Indonesia

JULO is a digital lending company that provides affordable, unsecured personal loans for consumers.

Consumer LendingCreditFinanceFinancial ServicesFinTechLending
Series ASep 18, 2019
Amount Raised: $10,000,000
KoinWorks

Jakarta, Jakarta Raya, Indonesia

Koinworks is an Indonesia Super Financial App that provides both investment and liabilities products under single platform

Consumer LendingFinancial ServicesFinTechInformation TechnologyLendingPeer to Peer
Series BJun 25, 2019
Amount Raised: $12,000,000
PAYFAZZ

Jakarta, Jakarta Raya, Indonesia

PAYFAZZ is an agency-based financial platform that facilitates digital transactions and payments.

BankingFinancial ServicesFinTechMobilePayments
Series ANov 21, 2018
Amount Raised: $21,000,000
KoinWorks

Jakarta, Jakarta Raya, Indonesia

Koinworks is an Indonesia Super Financial App that provides both investment and liabilities products under single platform

Consumer LendingFinancial ServicesFinTechInformation TechnologyLendingPeer to Peer
Series AAug 22, 2018
Amount Raised: $16,450,579
ErudiFi

Singapore, Central Region, Singapore

ErudiFi is a mission-driven technology company focused on making education affordable.

EducationLending
SeedApr 4, 2018
Carsome

Petaling Jaya, Selangor, Malaysia

Carsome is a used car e-commerce platform that provides efficient car selling services to individuals and entities.

AutomotiveE-CommerceE-Commerce PlatformsShopping
Series BMar 7, 2018
Amount Raised: $19,000,000
Ayoconnect

Jakarta, Jakarta Raya, Indonesia

Southeast Asia's Largest Open Finance API Platform

B2BBillingDeveloper APIsEnterprise SoftwareFinancial ServicesFinTechInternet
Series ANov 28, 2017
Amount Raised: $4,000,000