About Converge ICT Solutions
Converge ICT Solutions is a company based in Pasig (Philippines) founded in 2011.. Converge ICT Solutions has raised $249.63 million across 1 funding round from investors including Warburg Pincus. Converge ICT Solutions operates in a competitive market with competitors including KPN, FPT Telecom, Orange Polska, Ciena and Hong Kong Broadband Network, among others.
- Headquarter Pasig, Philippines
-
Sectors
Telecommunications
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$249.63 M (USD)
in 1 rounds
-
Latest Funding Round
$249.63 M (USD), Series C
Jul 01, 2019
- Investors
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Unlock access to complete
Funding Insights of Converge ICT Solutions
Converge ICT Solutions has successfully raised a total of $249.63M through 1 strategic funding round. The most recent funding activity was a Series C round of $249.63 million completed in July 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series C — $249.6M
-
First Round
First Round
(01 Jul 2019)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2019 | Amount | Series C - Converge ICT Solutions | Valuation | Warburg Pincus |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Converge ICT Solutions
Converge ICT Solutions has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Warburg Pincus. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Multi-stage private equity investments are pursued across diverse sectors.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Converge ICT Solutions
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Converge ICT Solutions
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Converge Ict Solutions Comparisons
Competitors of Converge ICT Solutions
Converge ICT Solutions operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as KPN, FPT Telecom, Orange Polska, Ciena and Hong Kong Broadband Network, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Mobile and fixed-line telecommunication services are provided across Europe.
|
|
| domain | founded_year | HQ Location |
Broadband internet, IPTV, and data services are offered in Vietnam.
|
|
| domain | founded_year | HQ Location |
Telephony, internet, and data transmission services are provided in Poland.
|
|
| domain | founded_year | HQ Location |
Cloud-based network management software is provided for infrastructure planning.
|
|
| domain | founded_year | HQ Location |
Provider of fibre optic broadband internet services
|
|
| domain | founded_year | HQ Location |
Satellite-based communication services are provided to diverse business sectors.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Converge Ict Solutions
Frequently Asked Questions about Converge ICT Solutions
When was Converge ICT Solutions founded?
Converge ICT Solutions was founded in 2011 and raised its 1st funding round 8 years after it was founded.
Where is Converge ICT Solutions located?
Converge ICT Solutions is headquartered in Pasig, Philippines. It is registered at Pasig, National Capital Region, Philippines.
Who is the current CEO of Converge ICT Solutions?
Dennis Anthony Uy is the current CEO of Converge ICT Solutions.
Is Converge ICT Solutions a funded company?
Converge ICT Solutions is a funded company, having raised a total of $249.63M across 1 funding round to date. The company's 1st funding round was a Series C of $249.63M, raised on Jul 01, 2019.
What does Converge ICT Solutions do?
Converge ICT Solutions was founded in 2011 and is headquartered in Pasig, Philippines. Fiber optic internet services are delivered by the company within the telecommunications sector. Operations involve broadband infrastructure development and customer connectivity solutions. The domain convergeict.com supports digital interactions. Leadership is held by CEO and President Dennis Anthony Uy, overseeing regional activities.
Who are the top competitors of Converge ICT Solutions?
Converge ICT Solutions's top competitors include KPN, Ciena and Orange Polska.
Who are Converge ICT Solutions's investors?
Converge ICT Solutions has 1 investor. Key investors include Warburg Pincus.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.