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Convergence Partners

1st Floor 10 Parks Boulevard Oxford Parks, Dunkeld, Johannesburg, 2196, South Africa

Overview

Private equity and infrastructure investment in technology sectors.

Founded

2006

Deals · 12mo

0

Links

WebsiteLinkedInX (Twitter)

Stage focus

Series A

Geographic focus

Germany
Kenya
Nigeria
South Africa
...

Sector focus

Finance
Impact Investing
Information and Communications Technology (ICT)
Venture Capital

Investment portfolio

11rounds
NAMEDATESIZE
Csquared
Nov 2023Participated
$25 MOther Equity
Yellow
Jun 2023Led
$14 MSeries B
42Markets Group
May 2023Led
$10 MOther Equity
Mesh
Apr 2023Led
$10 MOther Equity
Neotiv
Nov 2022Participated
$10 MSeries A
Clerkenwell Health
Oct 2022Participated
$2 MSeed
LifeQ
May 2021Participated
$47 MOther Equity
Snapt
Dec 2018Participated
$3 MSeries A
CSquared
May 2017Participated
$100 MOther Equity
Snapt
May 2016Led
$1 MOther Equity
Venture Garden Group
Aug 2015Led
$20 MOther Equity
Csquared
Nov 2023Participated
$25 MOther Equity
Yellow
Jun 2023Led
$14 MSeries B
42Markets Group
May 2023Led
$10 MOther Equity
Mesh
Apr 2023Led
$10 MOther Equity
Neotiv
Nov 2022Participated
$10 MSeries A
Clerkenwell Health
Oct 2022Participated
$2 MSeed
LifeQ
May 2021Participated
$47 MOther Equity
Snapt
Dec 2018Participated
$3 MSeries A
CSquared
May 2017Participated
$100 MOther Equity
Snapt
May 2016Led
$1 MOther Equity
Venture Garden Group
Aug 2015Led
$20 MOther Equity
11
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Browse all public portfolio deals

Insights

Time horizon

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Deal Distribution

Convergence Partners: 11 funding rounds are recorded in the selected participation categories.All available history.
Convergence Partners: 11 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed01
Series A02
Series B10
Other Equity43

Monthly Deal Activity

Convergence Partners: 11 deals are recorded across 135 months.All available history.
Convergence Partners: 11 deals are recorded across 135 months. All available history
MonthDeals
Aug '151
Sep '150
Oct '150
Nov '150
Dec '150
Jan '160
Feb '160
Mar '160
Apr '160
May '161
Jun '160
Jul '160
Aug '160
Sep '160
Oct '160
Nov '160
Dec '160
Jan '170
Feb '170
Mar '170
Apr '170
May '171
Jun '170
Jul '170
Aug '170
Sep '170
Oct '170
Nov '170
Dec '170
Jan '180
Feb '180
Mar '180
Apr '180
May '180
Jun '180
Jul '180
Aug '180
Sep '180
Oct '180
Nov '180
Dec '181
Jan '190
Feb '190
Mar '190
Apr '190
May '190
Jun '190
Jul '190
Aug '190
Sep '190
Oct '190
Nov '190
Dec '190
Jan '200
Feb '200
Mar '200
Apr '200
May '200
Jun '200
Jul '200
Aug '200
Sep '200
Oct '200
Nov '200
Dec '200
Jan '210
Feb '210
Mar '210
Apr '210
May '211
Jun '210
Jul '210
Aug '210
Sep '210
Oct '210
Nov '210
Dec '210
Jan '220
Feb '220
Mar '220
Apr '220
May '220
Jun '220
Jul '220
Aug '220
Sep '220
Oct '221
Nov '221
Dec '220
Jan '230
Feb '230
Mar '230
Apr '231
May '231
Jun '231
Jul '230
Aug '230
Sep '230
Oct '230
Nov '231
Dec '230
Jan '240
Feb '240
Mar '240
Apr '240
May '240
Jun '240
Jul '240
Aug '240
Sep '240
Oct '240
Nov '240
Dec '240
Jan '250
Feb '250
Mar '250
Apr '250
May '250
Jun '250
Jul '250
Aug '250
Sep '250
Oct '250
Nov '250
Dec '250
Jan '260
Feb '260
Mar '260
Apr '260
May '260
Jun '260
Jul '260
Aug '260
Sep '260
Oct '260

Sector Breakdown

Convergence Partners: Fintech is the largest displayed sector by deal count (4 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

Convergence Partners: Fintech is the largest displayed sector by deal count (4 deals). All available history
SectorDeals
Fintech4
Enterprise Software3
Health & Life Sciences3
Professional Services2
Networks, Cloud & Communication1
Hardware & Robotics1
Crypto & Blockchain1
Media & Entertainment1
Clean Energy & Sustainability1
Real Estate & Construction1

Deal Size Distribution

Convergence Partners: 11 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

Convergence Partners: 11 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M3
$5M-$10M1
$10M-$25M4
$25M-$50M2
$50M-$100M0
$100M-$250M1
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

Convergence Partners: Europe has the largest recorded deal count among the displayed regions (5 deals).All available history.

Top 5 of 5 regions; European countries are grouped as Europe.

Convergence Partners: Europe has the largest recorded deal count among the displayed regions (5 deals). All available history
RegionDeals
Europe5
United States3
Kenya1
Nigeria1
South Africa1
Convergence Partners: 20 co-investors are shown, with 4Di Capital sharing 1 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

Click a bubble to open that fund in a new tab.

Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

Convergence Partners: 20 co-investors are shown, with 4Di Capital sharing 1 recorded deals. All available history
Co-investorShared deals
4Di Capital1
Acequia Capital1
Allectus Capital1
Allen & Co.1
Analog Devices1
bmp Ventures1
Bremer Investments1
Capricorn Venture Partners1
Delos1
Dietco1
Exceptional Ventures1
Google1
Halls Investments1
Hannover Re1
High-Tech Grunderfonds1
IFC1
International Finance Corporation1
Invenfin1
Lionheart Ventures1
Lireas Holdings1

Investment Strategy

Convergence Partners: Led accounts for 45% and participating for 55% of round participation.All available history.
Convergence Partners: Led accounts for 45% and participating for 55% of round participation. All available history
CategoryDeals (count)Share (%)
Led545%
Participating655%
Convergence Partners: Single-lead accounts for 100% and co-led for 0% of lead dynamics.All available history.
Convergence Partners: Single-lead accounts for 100% and co-led for 0% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead5100%
Co-led00%

Team

Andile Ngcaba

Chairman and Founding Partner

Brandon Doyle

CEO & Founding Partner

Envir Fraser

Head: Research, Regulatory & Policy

Idan Segal

Founding Partner and Chief Investment Officer

Lindokuhle Danisa

Financial Manager

Mark Fourie

inancial and Management Accountant

Stefan Ferreira

Founding Partner and Chief Financial Officer