About Converge
Converge is a Technology company based in London (United Kingdom) founded in 2014. Sensor networks are utilized for monitoring construction sites. It operates on a AI-as-a-Service and Product-as-a-Service model in Technology and Real Estate & Construction sectors. Converge has raised $40.8 million across 3 funding rounds from investors including Oil and Gas Climate Initiative, Climate Investment and MassChallenge. The company has 36 employees. Its website converge.io draws about 44 thousand monthly visits. Converge offers products and services including ConcreteDNA, Converge Signal, and Mix AI. Its focus areas include Construction Technology and Smart Construction Solutions. Its legal entity is OCTAGON I/O LTD.
Company details
Innovative solutions for the construction industry are provided by Converge, focusing on smart concrete technologies. Real-time monitoring of concrete strength and temperature is enabled through advanced sensors and software like ConcreteDNA. Predictive AI tools for carbon-efficient mix selection are offered alongside precast logistics optimization. The construction sector is targeted, aiming to enhance efficiency, safety, and sustainability. Data management solutions are also automated to reduce waste and errors on construction sites.
- Headquarters London, United Kingdom
- Employees 36
- SectorsTechnologyReal Estate & Construction
- Website category Business and Consumer Services · Business Services
- Email••••••••
- Phone•••• ••••
- Website converge.io
- Social LinkedIn X
- Legal Name Octagon I/O Ltd
- Date of Incorporation 26 Nov, 2014
- Jurisdiction WORCESTER, ENGLAND
- Total Equity Funding$40.8M (USD)
in 3 rounds
- Latest Funding Round$22M (USD), Series B
May 2025
- InvestorsOil and Gas Climate Initiative
& 8 more
- Employee Count36
Products & Services of Converge
Converge offers a comprehensive portfolio of products and services, including ConcreteDNA, Converge Signal, and Mix AI.
Concrete strength and temperature are monitored in real-time.
Wireless sensor system monitors concrete strength and temperature.
AI predicts carbon-efficient concrete mixes for contractors.
Funding Insights of Converge
Converge has successfully raised a total of $40.8M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $22 million completed in May 2025. 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 $40.8M
- Total Rounds 3
- Last Round Series B — $22M
- First Round $38,602
(Oct 2015)
- Investors Count 9
All 3 funding rounds of Converge with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May 2025 | $22M | Series B | – | ABN AMRO | |
| May 2022 | $18.8M | Series A | – | – | |
| Oct 2015 | $38,602 | Grant | – | – |
9 investors in total: 9 institutional.
Investors in Converge
Converge has secured backing from 9 investors, including institutional and venture fund investors. Prominent investors backing the company include Oil and Gas Climate Initiative, Climate Investment and MassChallenge.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage entrepreneurs are accelerated through MassChallenge's program. | masschallenge.org | Boston, United States | ||
Move Energy is focused on investments in energy transition. | moveenergy.vc | Amsterdam, Netherlands | ||
Capital and expertise are provided by PI Impact for impactful ventures. | pi-impact.com | Rotterdam, Netherlands | ||
A fund focused on technology-driven social and environmental impact. | j-impact.fund | |||
Venture capital fund focused on SaaS, AI, blockchain, gaming, fintech, and multiple sectors | fomcap.com | London, United Kingdom | ||
OGCI is focused on leading the oil and gas industry's response to climate change. | 2017 | ogci.com | London, United Kingdom | |
Offers early-stage investments in innovative companies for energy, buildings, and transport decarbonization. | 2016 | climateinvestment.com | London, United Kingdom | |
ABN AMRO Bank is engaged in providing comprehensive financial services. | www.abnamro.nl | Netherlands | ||
| to.org |
Investor details for Converge
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Converge
28 people are tracked at Converge (10 in leadership, 18 in team); the tracked headcount is 36.
| Name | Role | Group |
|---|---|---|
Jeremy Pownall | Head of APAC | Leadership |
Gemma Lockhart | Head of People | Leadership |
Jamie I. | Head Of Product Design | Leadership |
Darren Burford | Chief Revenue Officer (cro) | Leadership |
Jordan Gardiner | VP Of Finance | Leadership |
Raphael Scheps | Co-Founder and CEO | Leadership |
Gideon F. | Co-founder / CTO | Leadership |
Simona U. | Global Partnerships Director | Leadership |
Ryan Raica | Strategic Partner Director | Leadership |
Paula Gould | Vice President Operations | Leadership |
Beibhinn Keenan | Software Engineer | Team |
Jonny Wright | Lead Software Engineer | Team |
Luke Aveil | React Native Developer | Team |
Chaeyoung Lee | Product Design Engineer | Team |
Emidio Piermarini | Product Manager | Team |
Aleksandra Sciegienka | People Lead | Team |
Rahul Mascarenhas | Embedded Systems Engineer | Team |
Vivek M. | Construction Technology | Product Manager | Team |
Max Barnett | Data Scientist | Team |
Selina Tan | Senior Product Manager | Team |
8 more people are available in the full profile.
Complete people profiles for Converge
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Converge
3 dated milestones of Converge across 11 years, from founding to its latest funding, stage changes and deals.
- Founded Converge is founded.
- Funding First funding round of $39K.
- Funding Latest funding round, Series B, of $22.0M.
Web traffic of Converge
The website of Converge (converge.io) receives about 44.4K visits a month and ranks #737,939 among all websites worldwide, #5,916 in Business Services.
- Monthly visits44.4K
▲ 11% vs previous month
- Unique visitors15.8K
per month
- Global rank#737,939
among all websites
- Category rank#5,916
Business and Consumer Services · Business Services
- Bounce rate40%
- Pages per visit2.5
- Average visit2 min 27 sec
- DevicesDesktop 32% · Mobile 68%
Websites whose visitors overlap most with Converge. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| maturix.com | 100% | 4.3K | #3,664,719 | View details | |
| commandcenterconcrete.com | 93% | #5,600,902 | View details |
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Related news about Converge
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Frequently Asked Questions about Converge
Converge was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Converge is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Converge is a funded company, having raised a total of $40.8M across 3 funding rounds to date. The company's 1st funding round was a Grant of $38.6K, raised on Oct 2015.
Converge has 36 employees.
Innovative solutions for the construction industry are provided by Converge, focusing on smart concrete technologies. Real-time monitoring of concrete strength and temperature is enabled through advanced sensors and software like ConcreteDNA. Predictive AI tools for carbon-efficient mix selection are offered alongside precast logistics optimization. The construction sector is targeted, aiming to enhance efficiency, safety, and sustainability. Data management solutions are also automated to reduce waste and errors on construction sites.
Converge offers ConcreteDNA, Converge Signal, and Mix AI.
Converge has 9 investors. Key investors include Oil and Gas Climate Initiative, Climate Investment, MassChallenge, ABN AMRO, and Move Energy.
Converge operates through Octagon I/O Ltd.