Cvergenx

Tampa, United States Founded: 2009 • Age: 17 yrs
Diagnostic solutions for personalized radiation therapy in oncology are provided.

About Cvergenx

Cvergenx is a Healthcare company based in Tampa (United States) founded in 2009. Diagnostic solutions for personalized radiation therapy in oncology are provided. Cvergenx has raised $615.55 thousand across 2 funding rounds. Cvergenx offers products and services including pGRT Platform, GARD, and RSI. Its focus areas include Life Sciences, Oncology, In-Vitro Diagnostic Tests and Pan Cancer. Its legal entity in India is Cvergenx Technologies India Private Limited (U85100KA2019FTC122596). Its competitors include GRAIL, Denali Therapeutics and Poseida Therapeutics; 3 of its 3 listed competitors have raised funding.

Company details

Founded in 2009 and based in Tampa, United States, CvergenX operates in the radiation oncology sector. Diagnostic tools are developed to support personalized medicine for cancer patients. The patented Radiosensitivity Index (RSI) is utilized by radiation oncologists to adjust treatment doses according to tumor genetics. Radiation planning and therapy are thereby optimized through these genetic-based adaptations.

Key Metrics
  • Indian entity net loss
    -₹59,968

    FY 2020 · 0% margin

  • Indian entity EBITDA
    -₹59,968

    FY 2020 · 0% margin

  • Total Equity Funding
    $615.55K (USD)

    in 2 rounds

  • Latest Funding Round
    $390K (USD), Seed

    Dec 2015

Products & Services of Cvergenx

Cvergenx offers a comprehensive portfolio of products and services, including pGRT Platform, GARD, and RSI.

pGRT Platform
Genomic Decision-Support

Uses genomic data to optimize radiation therapy doses for individual patients

GARD
Dose Calculation Tool

Quantifies personalized radiation effects based on tumor biology

RSI
Radiosensitivity Assessment

Measures tumor response to radiation for treatment planning

Funding Insights of Cvergenx

Cvergenx has successfully raised a total of $615.55K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $390 thousand completed in December 2015. 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 $615,554
  • Total Rounds 2
  • Last Round Seed β€” $390,000
  • First Round $225,554

    (Apr 2010)

All 2 funding rounds of Cvergenx with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Dec 2015$390,000Seed––
–
Apr 2010$225,554Seed––
–

Board of directors of Cvergenx Technologies India Private Limited (Cvergenx)

Cvergenx Technologies India Private Limited is the primary company behind Cvergenx. The board of Cvergenx Technologies India Private Limited currently have 2 directors; the longest-serving is Raymond F Vennare, appointed in 2019. 1 earlier director has ceased.

DirectorDesignationAppointedTenureEntity
Raymond F Vennare
DIN 08396779
Director22 Mar 20197 yrs 7 moCvergenx Technologies India Private Limited
Gopala Reddy Lohith
DIN 08992053
Additional Director10 Dec 20205 yrs 10 moCvergenx Technologies India Private Limited

People of Cvergenx

6 people are tracked at Cvergenx (3 in leadership, 3 in board & advisors).

NameRoleGroup
Steven A. Eschrich
Co-Founder & CTOLeadership
Javier F. Torres-Roca
Co-Founder & Acting CEOLeadership
Jacob G. Scott
Co-Founder & CSOLeadership
John G. Kokales
DirectorBoard & advisors
ChairmanBoard & advisors
David S. Smith
DirectorBoard & advisors
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Financials of Cvergenx

Figures of Cvergenx Technologies India Private Limited, the primary company behind Cvergenx, for FY 2020. Net loss was -₹59,968 (0% margin). EBITDA was -₹59,968 (0% margin).

  • -₹59,968Net loss · 0% margin
  • -₹59,968EBITDA · 0% margin
  • ₹1 LakhPaid-up capital

Balance sheet, profit and loss, cash flow and ratios of Cvergenx Technologies India Private Limited are on its company page.

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Detailed financial statements for Cvergenx

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Timeline of Cvergenx

3 dated milestones of Cvergenx across 6 years, from founding to its latest funding, stage changes and deals.

  1. Founded Cvergenx is founded.
  2. Funding First funding round of $226K.
  3. Funding Latest funding round, Seed, of $390K.

Competitors of Cvergenx

Cvergenx has 3 listed competitors in our database, 3 of them funded. They include GRAIL, Denali Therapeutics and Poseida Therapeutics.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
grail.com2016Menlo Park, United States$2B491
Circulating tumor DNA is screened for early cancer detection.
denalitherapeutics.com2015San Francisco, United States$347M377
Neurodegenerative disease therapies are developed for Alzheimer's, ALS, and Parkinson's.
poseida.com2015San Diego, United States$323.78M259
Developer of gene therapies for treating cancer and liver orphan disease by using gene editing technologies
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Detailed competitors of Cvergenx

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Top companies in Genomics & Gene Therapy Platforms

3 companies that operate in the same segment as Cvergenx (Genomics & Gene Therapy Platforms) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
mRNA-based therapeutics for diseases including cancer and infections are developed.
2010Cambridge, Massachusetts, United StatesUSD 2.78 BUSD 1.94 B5,800
Digital sequencing technology for cancer detection is developed.
2012Redwood City, California, United StatesUSD 557.5 MUSD 982.02 M4,867
Circulating tumor DNA is screened for early cancer detection.
2016Menlo Park, California, United StatesUSD 2 BUSD 147.17 M1,141
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Frequently Asked Questions about Cvergenx

Cvergenx was founded in 2009 and raised its 1st funding round 1 year after it was founded.

Cvergenx is headquartered in Tampa, United States. It is registered at Tampa, Florida, United States.

Cvergenx is a funded company, having raised a total of $615.55K across 2 funding rounds to date. The company's 1st funding round was a Seed of $225.55K, raised on Apr 2010.

Founded in 2009 and based in Tampa, United States, CvergenX operates in the radiation oncology sector. Diagnostic tools are developed to support personalized medicine for cancer patients. The patented Radiosensitivity Index (RSI) is utilized by radiation oncologists to adjust treatment doses according to tumor genetics. Radiation planning and therapy are thereby optimized through these genetic-based adaptations.

Cvergenx's top competitors include GRAIL, Poseida Therapeutics and Denali Therapeutics.

Cvergenx offers pGRT Platform, GARD, and RSI.

Cvergenx operates through Cvergenx Technologies India Private Limited.

The legal entities of Cvergenx currently have 2 directors, including Gopala Reddy Lohith, Raymond F Vennare.

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