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Convergence Ventures

Jl. Jend. Sudirman No.Kav. 52-53, Level 2, Pacific Place Gowork, Jakarta Selatan, Jakarta Raya, 10220, Indonesia

Overview

Early stage technology venture fund investing in Indonesia.

Founded

2014

Deals · 12mo

0

Links

WebsiteLinkedInX (Twitter)

Stage focus

Seed
Series A

Geographic focus

Germany
Indonesia
Malaysia
Singapore
...

Sector focus

Finance
Financial Services
Venture Capital

Investment portfolio

16rounds
NAMEDATESIZE
Pandemic Insights
Mar 2021Led
$5 MSeries A
Carsome
Dec 2019Participated
$50 MSeries C
JULO
Sep 2019Participated
$10 MSeries A
Moka
Sep 2018Participated
$24 MSeries B
KoinWorks
Aug 2018Participated
$17 MSeries A
M17
Jun 2018Participated
$35 MOther Equity
Workmate
Dec 2017Participated
$3 MSeries A
ZUZU Hospitality
Oct 2017Participated
$2 MSeed
ReWork
Sep 2017Led
$3 MSeries A
Workmate
Nov 2016Led
$2 MOther Equity
e27
Jul 2016Participated
$2 MSeries A
Paktor
Jul 2016Participated
$10 MOther Equity
Pandemic Insights
Mar 2021Led
$5 MSeries A
Carsome
Dec 2019Participated
$50 MSeries C
JULO
Sep 2019Participated
$10 MSeries A
Moka
Sep 2018Participated
$24 MSeries B
KoinWorks
Aug 2018Participated
$17 MSeries A
M17
Jun 2018Participated
$35 MOther Equity
Workmate
Dec 2017Participated
$3 MSeries A
ZUZU Hospitality
Oct 2017Participated
$2 MSeed
ReWork
Sep 2017Led
$3 MSeries A
Workmate
Nov 2016Led
$2 MOther Equity
e27
Jul 2016Participated
$2 MSeries A
Paktor
Jul 2016Participated
$10 MOther Equity
16
Items
...
Browse all public portfolio deals

Insights

Time horizon

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Deal Distribution

Convergence Ventures: 16 funding rounds are recorded in the selected participation categories.All available history.
Convergence Ventures: 16 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed03
Series A25
Series B02
Series C+01
Other Equity12

Monthly Deal Activity

Convergence Ventures: 16 deals are recorded across 133 months.All available history.
Convergence Ventures: 16 deals are recorded across 133 months. All available history
MonthDeals
Oct '151
Nov '151
Dec '151
Jan '161
Feb '160
Mar '160
Apr '160
May '160
Jun '160
Jul '162
Aug '160
Sep '160
Oct '160
Nov '161
Dec '160
Jan '170
Feb '170
Mar '170
Apr '170
May '170
Jun '170
Jul '170
Aug '170
Sep '171
Oct '171
Nov '170
Dec '171
Jan '180
Feb '180
Mar '180
Apr '180
May '180
Jun '181
Jul '180
Aug '181
Sep '181
Oct '180
Nov '180
Dec '180
Jan '190
Feb '190
Mar '190
Apr '190
May '190
Jun '190
Jul '190
Aug '190
Sep '191
Oct '190
Nov '190
Dec '191
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 '211
Apr '210
May '210
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 '220
Nov '220
Dec '220
Jan '230
Feb '230
Mar '230
Apr '230
May '230
Jun '230
Jul '230
Aug '230
Sep '230
Oct '230
Nov '230
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 Ventures: Networks, Cloud & Communication is the largest displayed sector by deal count (6 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 Ventures: Networks, Cloud & Communication is the largest displayed sector by deal count (6 deals). All available history
SectorDeals
Networks, Cloud & Communication6
Fintech5
Professional Services5
Enterprise Software3
E-Commerce & Retail3
Marketing & Advertising3
Travel & Hospitality2
Data, Analytics & IT2
Media & Entertainment2
Social & Community Platforms2
Real Estate & Construction1
Transportation & Logistics1
Food & Agriculture1
AI & Machine Learning1
Developer Tools1

Deal Size Distribution

Convergence Ventures: 16 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 Ventures: 16 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M8
$5M-$10M2
$10M-$25M4
$25M-$50M1
$50M-$100M1
$100M-$250M0
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

Convergence Ventures: Singapore has the largest recorded deal count among the displayed regions (8 deals).All available history.

Top 6 of 6 regions; European countries are grouped as Europe.

Convergence Ventures: Singapore has the largest recorded deal count among the displayed regions (8 deals). All available history
RegionDeals
Singapore8
Indonesia4
Europe1
129201
Malaysia1
United States1
Convergence Ventures: 20 co-investors are shown, with Wavemaker Partners sharing 4 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

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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 Ventures: 20 co-investors are shown, with Wavemaker Partners sharing 4 recorded deals. All available history
Co-investorShared deals
Wavemaker Partners4
500 Global3
Gobi Partners3
Golden Gate Ventures3
Majuven2
Mandiri Capital Indonesia2
ACE Capital1
Alpha JWC Ventures1
ATM Capital1
BWB Ventures1
Daiwa PI Partners1
East Ventures1
EDBI1
Endeavor Catalyst1
EV Growth1
Fenox Venture Capital1
Fortune Union Investments1
Global Grand Capital1
Global Grand Leisure1
GMO Venture Partners1

Investment Strategy

Convergence Ventures: Led accounts for 19% and participating for 81% of round participation.All available history.
Convergence Ventures: Led accounts for 19% and participating for 81% of round participation. All available history
CategoryDeals (count)Share (%)
Led319%
Participating1381%
Convergence Ventures: Single-lead accounts for 67% and co-led for 33% of lead dynamics.All available history.
Convergence Ventures: Single-lead accounts for 67% and co-led for 33% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead267%
Co-led133%

Team

Adrian Li

Managing Partner, Founder

Alvin Cahyadi

Investment Associate

Blair Duncan

CFO & Co-Founder

Maliekah Harjani

Investment Analyst

Nandia Karina

Executive Talent Director

Tanisha Banaszczyk

Head of Investments

Teta Augenia Sepita

Executive Assistant & Office Manager