Convr - About the company
Convr is a series B company based in Schaumburg (United States), founded in 2016 by Harish Neelamana. It operates as a Provider of an AI workbench for commercial property and casualty underwriting. Convr has raised $18M in funding from investors like MK Capital, Seyen Capital and Palm Drive Capital. The company has 1039 active competitors, including 200 funded and 111 that have exited. Its top competitors include companies like Sedgwick, OpenGamma and Encompass.
Company Details
Provider of an AI workbench for commercial property and casualty underwriting. The workbench offers data enrichment and intelligent document automation. It expedites commercial insurance processes with data, underwriting insights, business classification, and risk scoring. The workbench drives straight through processing for insurance organizations.
- Website
- convr.com
- Email ID
- *****@convr.com
- Registered Address
- 475 N MARTINGALE RD STE 800,SCHAUMBURG,IL,60173,0
Key Metrics
Founded Year
2016
Location
Schaumburg, United States
Stage
Series B
Total Funding
$18M in 2 rounds
Latest Funding Round
Investors
Ranked
38th among 1039 active competitors
Employee Count
61 as on Mar 31, 2026
Legal entities associated with Convr
Convr is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Convr Inc. CIN: 32069971318 , United States, Active | Mar 06, 2019 | - | 43 (As on Dec 31, 2023) | - |
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Convr's funding and investors
Convr has raised a total funding of $18M over 2 rounds. Its first funding round was on Sep 08, 2017. Its latest funding round was a Series B round on Nov 14, 2019 for $*****. 7 investors participated in its latest round. Convr has 10 institutional investors.
Here is the list of recent funding rounds of Convr:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Nov 14, 2019 | 4142278 | Series B | 4137910 | 6199271 | 9971543 | 9557883 |
Sep 08, 2017 | 3283240 | Series A | 6234415 | 7254373 |
View details of Convr's funding rounds and investors
Convr's founders and board of directors
Founder? Claim ProfileThe founders of Convr is Harish Neelamana. Bruce Simpson is the CEO of Convr.
Here are the details of Convr's key team members:
- Harish Neelamana: Co-Founder of Convr and founder of 2 other companies, highwaydi.com and Datacubes. They are also an angel investor in 1 startup.Contact Info: 2 email addresses
- Bruce Simpson: CEO of Convr. Contact Info: 1 email address
View details of Convr's Founder profiles and Board Members
Convr's employee count trend
Convr has 61 employees as of Mar 26. Here is Convr's employee count trend over the years:
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Convr's Competitors and alternates
Top competitors of Convr include Sedgwick, OpenGamma and Encompass. Here is the list of Top 10 competitors of Convr, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Sedgwick 1969, Memphis (United States), Acquired | Provider of claims administration, loss adjusting, and benefits management services | $2.63M | 78/100 | |
2nd | OpenGamma 2009, London (United Kingdom), Acquired | Platform that provides SaaS based solutions for derivatives risk analytics | $74.9M | 72/100 | |
3rd | Encompass 2011, Glasgow (United Kingdom), Series B | Cloud-based KYC automation software for banking sectors | $198M | 70/100 | |
4th | Cytora 2012, London (United Kingdom), Acquired | Risk management solutions for insurers and underwriters | $41.5M | 68/100 | |
5th | Shift Technology 2014, Paris (France), Series D | Provider of AI solutions for insurance underwriting, claims, and risk | $320M | 67/100 | |
6th | Platform offering insurance risk management solutions | - | 65/100 | ||
7th | Indico Data 2014, Boston (United States), Series B | Provider of data management solutions that automates data processing tasks | $72.7M | 65/100 | |
8th | Pibit AI 2020, San Francisco (United States), Series A | AI-powered underwriting platform for commercial property and casualty insurance | $7.64M | 65/100 | |
9th | Riskonnect 2007, Kennesaw (United States), Acquired | Cloud-based risk management solutions for the insurance industry | $10M | 64/100 | |
10th | CoreLogic 1894, Irvine (United States), Acquired | Provider of property data, analytics, and workflow solutions for various industries | - | 63/100 | |
38th | Convr 2016, Schaumburg (United States), Series B | Provider of an AI workbench for commercial property and casualty underwriting | $18M | 60/100 |
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Convr's Investments and acquisitions
Convr has made no investments or acquisitions yet.
News related to Convr
Media has covered Convr for a total of 7 events in the last 1 year, 4 of them have been about company updates and 2 about people movement.
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Convr® Strengthens Customer Experience Team with New Vice President HirePR Newswire•Apr 28, 2026•Convr
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Convr Celebrates 10 Years of Innovation in Commercial Insurance UnderwritingPR Newswire•Apr 07, 2026•Convr
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Convr and Ohio Mutual Insurance Group Announce Partnership to Automate UnderwritingPR Newswire•Feb 24, 2026•Convr
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Convr AI® Expands AI Expertise with New Head of Data and AI Underwriting SolutionsPR Newswire•Feb 12, 2026•Convr
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PERMA Trusts Convr AI for Intake AI Underwriting SolutionMarTech Series•Aug 05, 2025•Convr, Wikiwikifix
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Convr AI Further Commits to Customer Success with New Chief Operations OfficerGlobal Fintech Series•Dec 06, 2024•Convr
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