About Converus
Converus is a company based in Lehi (United States) founded in 2013.. Converus has raised $12.61 million across 10 funding rounds from investors including Alta Ventures, Kickstart Fund and Album VC. Converus operates in a competitive market with competitors including Megvii, IDX, Chooch, Unico and iProov, among others.
- Headquarter Lehi, United States
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Sectors
TechnologyIndustrial Goods & Manufacturing Financial Services Government & Social Sector
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$12.61 M (USD)
in 10 rounds
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Latest Funding Round
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Investors
Alta Ventures
& 5 more
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Employee Count
Employee Count
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Funding Insights of Converus
Converus has successfully raised a total of $12.61M across 10 strategic funding rounds. 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 10
- Last Round Last Round
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First Round
First Round
(01 Jun 2013)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2024 | Amount | Series B - Converus | Valuation |
investors |
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| Jul, 2024 | Amount | Series B - Converus | Valuation |
investors |
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| Mar, 2023 | Amount | Series B - Converus | 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 Converus
Converus has secured backing from 6 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Alta Ventures, Kickstart Fund and Album VC. 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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Founded Year | Domain | Location | |
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Investments are directed toward early-stage tech startups by Album VC.
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Founded Year | Domain | Location | |
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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 Converus
| 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 |
Financial Statements - Converus
| 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 |
Converus Comparisons
Competitors of Converus
Converus 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 Megvii, IDX, Chooch, Unico and iProov, 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 |
Facial recognition and AI video analysis solutions are provided.
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| domain | founded_year | HQ Location |
Cloud-based solutions for identity protection and data security are provided.
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| domain | founded_year | HQ Location |
Generative computer vision solutions are offered for video stream analysis.
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| domain | founded_year | HQ Location |
Digital identity solutions company providing facial biometrics and digital admission solutions
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| domain | founded_year | HQ Location |
Biometric solutions for online identity verification are provided.
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| domain | founded_year | HQ Location |
Cloud-based biometric authentication and identity management solutions are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
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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Frequently Asked Questions about Converus
When was Converus founded?
Converus was founded in 2013.
Where is Converus located?
Converus is headquartered in Lehi, United States. It is registered at Lehi, Utah, United States.
Is Converus a funded company?
Converus is a funded company, having raised a total of $12.61M across 10 funding rounds to date.
What does Converus do?
Founded in 2013 in Lehi, United States, Converus delivers biometrics-based solutions for identity verification and lie detection to government and business entities. Individual identities are verified via web and mobile applications that analyze motor nervous system responses. Nonintrusive lie detection is facilitated through ocular-motor deception technology. Custom integrations are supported by an SDK using JSON over HTTPS, with options for branding adjustments.
Who are the top competitors of Converus?
Who are Converus's investors?
Converus has 6 investors. Key investors include Alta Ventures, Kickstart Fund, Album VC, Mark Cuban, and Todd Mickelsen.