Convergence - About the company
Convergence is an acquired company based in Altrincham (United Kingdom), founded in 2024 by Andy Toulis and Marvin Purtorab. It operates as a Platform developing personal AI assistants. Convergence has raised $12M in funding from Balderton Capital, with last known valuation of £*****. The company has 26 active competitors, including 9 funded and 1 that has exited. Its top competitors include companies like Duckbill, Questflow and Cabinet.
Company Details
Platform developing personal AI assistants. It develops a proxy agent that learns the user tasks, and automates them. The proxy retains and recalls past interactions, using long-term memory to learn and improve its assistance. It can execute tasks, operating with autonomy to manage processes. Features include learning and adaptation, personalization, autonomous task management, memory retention, and more.
- Website
- convergence.ai
- Email ID
- *****@convergence.ai
- Registered Address
- 3RD FLOOR, 1 ASHLEY ROAD, ALTRINCHAM, CHESHIRE, UNITED KINGDOM, WA14 2DT
Key Metrics
Founded Year
2024
Location
Altrincham, United Kingdom
Stage
Acquired
Total Funding
$12M in 1 round
Latest Funding Round
Last Known Valuation
£***** as on Jul 10, 2024
Investors
Ranked
3rd among 26 active competitors
Employee Count
14 as on May 31, 2026
Exit Details
Acquired by Salesforce (May 15, 2025)
Legal entities associated with Convergence
Convergence is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
CONVERGENCE LABS LTD CIN: 15691553 , United Kingdom, Active | Apr 29, 2024 | - | - |
Convergence's acquisition details
Convergence got acquired by Salesforce on May 15, 2025.
Click here to take a look at Convergence's acquisition in detail
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Convergence's funding and investors
Convergence has raised a total funding of $12M over 1 round. Its latest funding round was a Seed round on Jun 25, 2024 for $*****. 6 investors participated in its latest round. Convergence has 3 institutional investors and 3 angel investors.
Here is the list of recent funding rounds of Convergence:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jun 25, 2024 | 4875130 | Seed | 6031753 | 9672006 | 6192765 | 6518096 |
View details of Convergence's funding rounds and investors
Convergence's founders and board of directors
Founder? Claim ProfileThe founders of Convergence are Andy Toulis and Marvin Purtorab. Marvin Purtorab is the CEO of Convergence.
Here are the details of Convergence's key team members:
- Andy Toulis: Former Co-Founder of Convergence. Contact Info: 1 email address
- Marvin Purtorab: Co-Founder & CEO of Convergence. Contact Info: 1 email address
View details of Convergence's Founder profiles and Board Members
Convergence's employee count trend
Convergence has 14 employees as of May 26. Here is Convergence's employee count trend over the years:
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Convergence's Competitors and alternates
Top competitors of Convergence include Duckbill, Questflow and Cabinet. Here is the list of Top 10 competitors of Convergence, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Duckbill 2022, Boston (United States), Series A | Provider of subscription-based to-do lists management platform | $33M | 49/100 | |
2nd | Questflow 2022, San Francisco (United States), Seed | Provider of collaborative AI automation tool for businesses | $6.5M | 48/100 | |
3rd | Convergence 2024, Altrincham (United Kingdom), Acquired | Platform developing personal AI assistants | $12M | 47/100 | |
4th | Cabinet 2018, New York City (United States), Seed | Software for executive assistants | $2.6M | 43/100 | |
5th | Riley 2019, New York City (United States), Seed | Provider of AI-based personal assistant for professional relationships | $1.9M | 41/100 | |
6th | zivy.app 2022, Lewes (United States), Seed | Provider of enterprise collaboration solutions including task management | $1.2M | 41/100 | |
7th | Oliv 2018, San Francisco (United States), Seed | Sales tech startup offering automation and meeting assistance | $5M | 39/100 | |
8th | Lindy 2023, San Francisco (United States), Funding Raised | Provider of an AI assistant platform for task and workflow automation | - | 36/100 | |
9th | Provider of AI and web-based solutions for task management | $1.48M | 34/100 | ||
10th | Toqan 2024, Amsterdam (Netherlands), Unfunded | Platform offering AI models for multiple tasks | - | - | 31/100 |
Looking for more details on Convergence's competitors? Click here to see the top ones
Convergence's Investments and acquisitions
Convergence has made no investments or acquisitions yet.
Reports related to Convergence
Here is the latest report on Convergence's geography:
News related to Convergence
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Salesforce’s Acquisition of Convergence.aiGlobal Legal Chronicle•May 29, 2025•Salesforce, Convergence
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•
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Convergence’s $12 Million Pre-Seed Funding RoundGlobal Legal Chronicle•Oct 17, 2024•Convergence, Goodwin, Balderton Capital, Marriottharrison
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New UK startup raises $12M for personal AI agents with long-term memoryThe Next Web•Sep 25, 2024•Convergence, Balderton Capital, Salesforce Ventures, Shopify and 1 other
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