Convergence
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About Convergence
Industries
Consumer Software
Enterprise Software
AI & Machine Learning
Company Size
11-50
Company Stage
Seed
Total Funding
$11.7M
Headquarters
United Kingdom
Founded
2024
Overview
Company Does Not Provide H1B Sponsorship
Simplify's Take
What believers are saying
- Growing demand for personalized AI solutions in consumer technology.
- Advancements in NLP enhance the functionality of Convergence's AI agents.
- Potential partnerships with platforms like Salesforce and Shopify.
What critics are saying
- Emerging competition from startups like Inflection AI.
- Potential regulatory scrutiny on AI technologies with long-term memory.
- Rapid technological advancements could render Convergence's technology obsolete.
What makes Convergence unique
- Convergence focuses on personal AI agents with long-term memory capabilities.
- The company raised $12M in a pre-seed round led by Balderton.
- Convergence is based in London and emerged from stealth in 2023.
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Funding
Total Funding
$11.7M
Above
Industry Average
Funded Over
1 Rounds
Industry standards
Benefits
Health Insurance
Unlimited Paid Time Off
401(k) Retirement Plan
Wellness Program
Meal Benefits
Flexible Work Hours
Company Equity
Commuter Benefits
Home Office Stipend
Growth & Insights and Company News
6 month growth
↓ -9%1 year growth
↓ -9%2 year growth
↓ -9%London-based Convergence comes out of stealth today and has raised $12mn to develop its personal AI agents with long-term memory.
Balderton led the $12M pre-seed round with participation from salesforce ventures and Shopify ventures.
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About Convergence
Industries
Consumer Software
Enterprise Software
AI & Machine Learning
Company Size
11-50
Company Stage
Seed
Total Funding
$11.7M
Headquarters
United Kingdom
Founded
2024
Convergence is Hiring for 0 Jobs on Simplify!
Find jobs on Simplify and start your career today