Covergence - About the company
Covergence is a series C company based in Maynard (United States), founded in 2003. It operates as a Limited information available. Covergence has raised $25M in funding from investors like Highland Capital Partners, Globespan Capital Partners and North Bridge Venture Partners. The company has 138542 active competitors, including 985 funded and 7727 that have exited. Its top competitors include companies like IBM, UST and Infosys.
Key Metrics
Founded Year
2003
Location
Maynard, United States
Stage
Series C
Total Funding
$25M in 2 rounds
Latest Funding Round
Investors
Ranked
5642nd among 138542 active competitors
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Covergence's funding and investors
Covergence has raised a total funding of $25M over 2 rounds. Its first funding round was on Jun 13, 2005. Its latest funding round was a Series C round on Jun 05, 2006 for $*****. 3 investors participated in its latest round. Covergence has 3 institutional investors.
Here is the list of recent funding rounds of Covergence:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jun 05, 2006 | 1942181 | Series C | 6189950 | 5085835 | 6292687 | 2943548 |
Jun 13, 2005 | 1350262 | Series B | 2937935 | 2677513 | 7360275 |
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Covergence's Competitors and alternates
Top competitors of Covergence include IBM, UST and Infosys. Here is the list of Top 10 competitors of Covergence, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | IBM 1911, Armonk (United States), Public | Provider of hybrid cloud, artificial intelligence, and IT consulting services | - | 77/100 | |
2nd | UST 1999, Aliso Viejo (United States), Late Stage | Provider of data analytics, cloud modernization, management strategy, and digital transformation services | $250M | 76/100 | |
3rd | Provider of consulting, data analytics, and IT services | - | 75/100 | ||
4th |  Happiest Minds Technologies 2011, Bengaluru (India), Public | Provider of IT suite services | $64.8M | 73/100 | |
5th |  Datamatics 1975, Mumbai (India), Public | Provider of digital technologies, business process management, analytics, and automation services | $3M | 73/100 | |
6th | Virtusa 1996, Westborough (United States), Acquired | IT services company | $45.2M | 73/100 | |
7th | Consulting and implementations company | $23.9M | 73/100 | ||
8th |  Sutherland 1986, Pittsford (United States), Late Stage | Provider of business process and technology management services | $60M | 73/100 | |
9th | Provider of IT consulting, technology, and outsourcing services | - | 73/100 | ||
10th | Provider of diversified application development, IT consulting, and digital transformation services | - | 72/100 | ||
5642nd |  Covergence 2003, Maynard (United States), Series C | Limited information available | $25M | 30/100 |
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Covergence's Investments and acquisitions
Covergence has made no investments or acquisitions yet.
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