When was Convr founded?

Convr was founded in 2016 and raised its 1st funding round 1 year after it was founded.

Where is Convr located?

Convr is headquartered in Schaumburg, United States. It is registered at 475 N MARTINGALE RD STE 800,SCHAUMBURG,IL,60173,0.

How many employees does Convr have?

As of Sep 30, 2026, the latest employee count at Convr is 65.

Is Convr a funded company?

Convr is a funded company, having raised a total of $18M across 2 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Sep 08, 2017.

When was the latest funding round of Convr?

Convr's latest funding was a $***** Series B round on Nov 14, 2019, with participation from 7 investors. Its primary sector is RegTech. In United States, the RegTech sector has seen $960M in funding in 2026 to date.

Where does Convr rank among its competitors?

Convr ranks 8th amongst 293 active competitors, of which 64 are funded. It stands 7th in terms of total funding among its competitors. The most recent competitor to raise funding was Codoxo, which secured $35M in Dec, 2025.

Who are the top competitors of Convr?

Convr's top competitors include Cytora, Shift Technology and Pibit AI. Among them, Codoxo secured the most recent funding round in December, 2025.

Convr - 2026 Company Profile, Team, Funding & Competitors

Convr is a series B company based in Schaumburg (United States), founded in 2016 by Bruce Simpson. 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 293 active competitors, including 64 funded and 40 that have exited. Its top competitors include companies like Cytora, Shift Technology and Pibit AI.

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
Social
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

Series B, Nov 14, 2019, $*****

Investors

MK Capital & 9 more

Ranked

8^th among 293 active competitors

Employee Count

65 as on Sep 30, 2026

Similar Companies

Cytora & 268 more

View Convr's full profile

Convr is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
Convr Inc. CIN: 32069971318 , United States, Active	Mar 06, 2019	-	43 (As on Dec 31, 2023)	-

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	3396908	Series B	3709763	3017411	9451057	2912669
Sep 08, 2017	8750909	Series A	7651943	4819026	Seyen Capital & 1 more	M25

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View details of Convr's funding rounds and investors

The founders of Convr is Bruce Simpson.

Here are the details of Convr's key team members:

Bruce Simpson: Founder, Member Board of Directors of Convr.
Contact Info: 1 email address

View details of Convr's Founder profiles and Board Members

Convr's employee count trend

Convr has 65 employees as of Sep 26. Here is Convr's employee count trend over the years:

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Top competitors of Convr include Cytora, Shift Technology and Pibit AI. Here is the list of Top 10 competitors of Convr, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Cytora 2012, London (United Kingdom), Acquired	Risk management solutions for insurers and underwriters	$41.5M	EQT, Parkwalk & 42 others	69/100
2nd	Shift Technology 2014, Paris (France), Series D	Provider of AI solutions for insurance underwriting, claims, and risk	$320M	Accel, Bessemer Venture Partners & 15 others	68/100
3rd	Pibit AI 2020, San Francisco (United States), Series A	AI-powered underwriting platform for commercial property and casualty insurance	$7.64M	Stellaris Venture Partners, Arali Ventures ... & 11 others	66/100
4th	Codoxo 2016, Atlanta (United States), Series C	AI-based platform for employee and individual healthcare planning	$75M	QED Investors, Spider Capital & 15 others	65/100
5th	Idelic 2016, Pittsburgh (United States), Acquired	Offers AI & SaaS-based fleet management software	$31.3M	Origin Ventures, Highland Capital Partners ... & 11 others	59/100
6th	Skopenow 2013, New York City (United States), Seed	Social media based fraud protection solutions for businesses	$3.49M	Caerus Investment Partners, MS&AD Ventures ... & 9 others	59/100
7th	Riskonnect 2007, Kennesaw (United States), Acquired	Cloud-based risk management solutions for the insurance industry	$10M	TA Associates, Level Equity & 4 others	59/100
8th	Convr 2016, Schaumburg (United States), Series B	Provider of an AI workbench for commercial property and casualty underwriting	$18M	Seyen Capital, MK Capital & 8 others	58/100
9th	Owl Technologies 2018, Vancouver (Canada), Series B	KYC solutions for banks and insurance companies	$40M	Cota Capital, Impression Ventures & 11 others	58/100
10th	Indico Data 2014, Boston (United States), Series B	Developer of an agentic decisioning platform for insurance underwriting and claims	$72.7M	.406 Ventures, Two Sigma Ventures & 14 others	58/100