CONVRG
Company

Last deal

$550K

Amount

Debt Financing

Stage

24.05.2021

Date

3

all rounds

$550K

Total amount

date founded

Financing round

General

About Company
Convrg provides AI-powered software that voice-enables eCommerce websites and mobile apps.

Industry

Sector :

Subsector :

founded date

01.01.2017

Number of employees

Company Type

For Profit

Last funding type

Debt Financing

IPO status

Private

Description

The company's platform, used by brands and retailers such as Estee Lauder Companies, Sephora, Proactiv, Shopify, and the GRAMMYs, creates conversational experiences that are elegant and purposeful, allowing consumers to shop by voice with just one command. Unlike smart speakers, the software only listens with explicit permission from the user, and because it lives on the website or app, it's discoverable by all. Convrg's messaging platform uses machine learning to adopt the language of the brand and solve complex business issues through goal-oriented conversations.
Contacts

Contact Email

Social url

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M&A Details
1

Transaction name

Acquired by

Haptik

announced date

23.07.2019

Financials

Funding Rounds
3
3

Number of Funding Rounds

$550K

Money Raised

Their latest funding was raised on 24.05.2021. Their latest round Debt Financing

Date 
Funding Round 
Investors 
Money Raised 
Lead 
24.05.2021
$550K
16.01.2018
1
16.01.2017
Co-Investors
Investors
1
0

Number of lead investors

1

Number of investors

Investor 
Lead 
Round 
Partners 
No
Convertible Note
XRC Labs

XRC Labs

XRC Labs is a New York-based innovation accelerator that focuses on retail tech and consumer goods.

Sector

General Industrials

Subsector

Diversified Industrials

Keywords

Venture Capital, Financial Services

Location

New York, NY, USA

count Of Investments

162

count Of Exists

8

People

Founders
2

Elizabeth Snower

current job

CONVRG
CONVRG

organization founded

1

Elizabeth Snower

Audrey Wu
Audrey Wu

Audrey Wu

Audrey’s journey into womxn’s health began in Investment Banking and then moved on to innovation in AI—both fields in which she was a rare female leader. She and Alison co-invented a more comfortable speculum device with Dioptra. Dioptra was awarded a grant from the FDA and is patent-pending. She is also currently COO and co-founder of Ruth Health. Audrey was previously CEO and co-founder of Convrg, an AI-powered voice and messaging platform working with brands such as Gallo Wines and The GRAMMYs. She exited Convrg to Reliance Jio in July 2019. She has spoken at SXSW, MWC and Social Media Week. She is a Techstars Mentor and on the SXSW Advisory Board. Audrey is a graduate of UCLA—LA born, raised, and now based.

current job

Ruth Health
Ruth Health

organization founded

3

Audrey Wu

Employee Profiles
2

Elizabeth Snower

President & Co-Founder

Activity

Recent News
0