Converge - About the company
Converge is a series A company based in Wilmington (United States), founded in 2024 by Dov Gertz and Oded Kalev. It operates as a Developer of GenAI computational tools for drug discovery and manufacturing. Converge has raised $30.5M in funding from Bessemer Venture Partners and TLV Partners. The company has 79 active competitors, including 42 funded and 5 that have exited. Its top competitors include companies like Nimbus Therapeutics, Generate Biomedicines and Cradle.
Company Details
Developer of GenAI computational tools for drug discovery and manufacturing. The company offers a bio-LLM library with foundation models across biological languages. These models are enhanced with curated data and fine-tuned on task-specific datasets. The platform is deployed through an application layer focused on prediction, explainability, and generation. It provides AI-driven antibody discovery and optimization, protein yield maximization, and cellular response prediction. The platform ensures data privacy and security, offering complete control and fully managed infrastructure.
Key Metrics
Founded Year
2024
Location
Wilmington, United States
Stage
Series A
Total Funding
$30.5M in 3 rounds
Latest Funding Round
Investors
Ranked
12th among 79 active competitors
Employee Count
52 as on Jun 30, 2026
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Converge's funding and investors
Converge has raised a total funding of $30.5M over 3 rounds. Its first funding round was on Nov 20, 2024. Its latest funding round was a Grant (prize money) round on Jun 01, 2026 for $*****. 1 investor participated in its latest round. Converge has 5 institutional investors.
Here is the list of recent funding rounds of Converge:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jun 01, 2026 | 1941173 | Grant (prize money) | 3669402 | 8620739 | 7852293 | 1405870 |
Sep 24, 2025 | 9863887 | Series A | 4935830 | 5682203 | 5753622 | |
Nov 20, 2024 | 2152646 | Seed | 1524715 | 8603780 | 2540587 |
View details of Converge's funding rounds and investors
Converge's founders and board of directors
Founder? Claim ProfileHere are the details of Converge's key team members:
- Dov Gertz: Co-Founder & CEO of Converge. Contact Info: 1 email address
- Oded Kalev: Co Founder & CTO of Converge. Contact Info: 1 email address
View details of Converge's Founder profiles and Board Members
Converge's employee count trend
Converge has 52 employees as of Jun 26. Here is Converge's employee count trend over the years:
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Converge's Competitors and alternates
Top competitors of Converge include Nimbus Therapeutics, Generate Biomedicines and Cradle. Here is the list of Top 10 competitors of Converge, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Nimbus Therapeutics 2009, Cambridge (United States), Series F | Developer of targeted therapeutics for cancer, metabolic and inflammatory diseases | $637M | 68/100 | |
2nd | Generate Biomedicines 2018, Somerville (United States), Public | Developer of a platform for generating novel protein-based therapeutic modalities | $693M | 66/100 | |
3rd | Cradle 2021, Zurich (Switzerland), Series B | Provider of chemoproteomics solutions for protein design and development | $103M | 64/100 | |
4th | EvolutionaryScale 2023, New York City (United States), Seed | Provider of an AI models for protein design | $142M | 64/100 | |
5th | Profluent Bio 2022, Berkeley (United States), Series B | Provider of an artificial intelligence-based protein design platform | $150M | 64/100 | |
6th | Frontier Medicines 2018, San Francisco (United States), Series C | Developer of a bioinformatics platform for drug development and chemoproteomics | $236M | 64/100 | |
7th | Eikon 2019, Millbrae (United States), Public | Protein tracking and measuring tool for drug discovery | $1.16B | 62/100 | |
8th | Seismic 2019, Watertown (United States), Series B | AI-assisted platform for drug discovery and development | $247M | 61/100 | |
9th | Vividion Therapeutics 2016, Oceanside (United States), Acquired | Pioneering chemoproteomics and covalent chemistry for precision therapeutics targeting undruggable disease drivers | $271M | 61/100 | |
10th | Orbit Discovery 2015, Oxford (United Kingdom), Series A | Developer of a drug discovery platforms by peptide display engine | $15.7M | 59/100 | |
12th | Converge 2024, Wilmington (United States), Series A | Developer of GenAI computational tools for drug discovery and manufacturing | $30.5M | 56/100 |
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Converge's Investments and acquisitions
Converge has made no investments or acquisitions yet.
Reports related to Converge
Here is the latest report on Converge's geography:
News related to Converge
Media has covered Converge for a total of 3 events in the last 1 year.
•
Converge Bio Receives $2.5M Grant From Bill & Melinda Gates FoundationFinSMEs•Jun 01, 2026•Converge, Gates
•
Converge Bio secures $25M to democratize generative AI drug discovery for biotech, pharmaPR Newswire•Jan 13, 2026•Converge, Bessemer Venture Partners, Sitewiz, Meta and 7 others
•
Convergen Secures $10 Million Seed Funding for TrimTAC PlatformPR Newswire•Dec 08, 2025•Qiming Venture Partners, Converge
•
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