About Converge One
Converge One is a company based in Eagan (United States) founded in 2005 was acquired by CVC in November 2018.. Converge One has completed 16 acquisitions, including AAA Network Solutions, Advantel Networks and Altivon. Converge One offers products and services including C1 Elly, C1 Cloud Calling, and Contact Center as a Service. Converge One operates in a competitive market with competitors including UST, NTT DATA, Breed Reply, Globant and 1&1 IONOS, among others.
- Headquarter Eagan, United States
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Sectors
Technology
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Email
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Phone
*********
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Website
*********
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Social
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- Legal Name Convergeone India Private Limited
- Date of Incorporation 18 Mar, 2023
- Jurisdiction Shaikpet, Telangana, India
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$131.68 M (USD), Post-IPO
Feb 22, 2018
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Investors
CVC
& 3 more
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Employee Count
Employee Count
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Investments & Acquisitions
AAA Network Solutions
& 15 more
- Acquired by
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Products & Services of Converge One
Converge One offers a comprehensive portfolio of products and services, including C1 Elly, C1 Cloud Calling, and Contact Center as a Service. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Fully managed AI platform for enterprise automation and decision-making.
Cloud-based solution for unified voice and digital interactions.
Managed service for AI-powered contact center operations.
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Software Development Team
126 people
Leadership Team
67 people
Senior Team
49 people
Sales and Marketing
40 people
Operations Team
28 people
Finance and Accounting
11 people
Manager Team
9 people
Human Resources and Administration
9 people
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Funding Insights of Converge One
- Total Funding Total Funding
- Total Rounds 2
- Last Round Post-IPO — $131.7M
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2018 | Amount | Post-IPO - Converge One | Valuation |
investors |
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| Jul, 2005 | Amount | Private Equity Round - Converge One | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Converge One
Converge One has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include CVC, Nautic Partners and Clearlake Capital Group. 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 |
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Nautic Partners is engaged in middle market private equity investments.
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Founded Year | Domain | Location | |
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Mezzanine financing and equity investments are provided by CVC.
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Founded Year | Domain | Location | |
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Lower and mid-market investments are managed through private equity strategies.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Converge One
Converge One has strategically engaged in corporate development activities, having acquired 16 companies. Notable acquisitions include AAA Network Solutions, Advantel Networks and Altivon. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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IT service suite solutions are provided by WrightCore.
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2016 | ||||
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Salesforce development, integration, and data services are provided.
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2015 | ||||
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Technology consulting services provider
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2013 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Converge One
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Converge One Comparisons
Competitors of Converge One
Converge One 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 UST, NTT DATA, Breed Reply, Globant and 1&1 IONOS, 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 |
High-quality office furniture is provided by UST for various needs.
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Application development, cloud, cybersecurity, and business intelligence services are provided.
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AI, cloud, and blockchain services are provided globally.
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| domain | founded_year | HQ Location |
IT and digital transformation services are delivered to various industries.
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| domain | founded_year | HQ Location |
Cloud infrastructure and hosting services are provided by 1&1 IONOS.
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Provider of end-to-end business process outsourcing services
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Converge One
Frequently Asked Questions about Converge One
When was Converge One founded?
Converge One was founded in 2005.
Where is Converge One located?
Converge One is headquartered in Eagan, United States. It is registered at Eagan, Minnesota, United States.
What does Converge One do?
Converge One was founded in 2005 and is headquartered in Eagan, United States. Operations focus on the information technology sector, where custom services for cloud hosting, collaboration tools, data centers, virtualization, and enterprise application deployment are provided. Enterprise networking, security, and system infrastructure are also supported through professional services. Partnerships with Avaya, Cisco, IBM, and Microsoft enable these offerings across various communication needs.
Who are the top competitors of Converge One?
Converge One's top competitors include Happiest Minds, 1&1 IONOS and Genpact.
What products or services does Converge One offer?
Converge One offers C1 Elly, C1 Cloud Calling, and Contact Center as a Service.
How many acquisitions has Converge One made?
Converge One has made 16 acquisitions, including AAA Network Solutions, Advantel Networks, and Altivon.
Who are Converge One's investors?
Converge One has 4 investors. Key investors include CVC, Nautic Partners, Clearlake Capital Group, and Genstar Capital.