# Converge Industries, Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/converge-industries

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.control-tower.co
- Total disclosed funding: $0.8M
- Latest round: Seed (Jan 25, 2018)
- Investors on record: 3

## About

Converge Industries, Co. specializes in buyer's advocacy services to streamline property acquisition decisions for clients, offering tailored support for residential and investment buyers in the competitive real estate market.Founded in 2015 in San Francisco, US, Converge Industries, Co. assists clients in navigating the complexities of real estate transactions. The company recently raised USD 750,000 in Seed funding on January 25, 2018, with investors including Kima Ventures, Samsung NEXT Ventures, and Techstars. The firm's founders are Joey Greiner, Samuel Stephenson, and Trevor Hartman, who have backgrounds in real estate and investment.Converge Industries, Co. primarily offers buyer's advocacy services designed to help clients make informed property acquisition decisions. Their services include comprehensive property searches, due diligence, and negotiation support, aimed at simplifying the real estate market for clients. The company caters to both first-time homebuyers and seasoned investors, focusing on urban markets in Australia, notably Brisbane and Sydney, ensuring clients have access to properties that meet their preferences and investment goals.Converge Industries, Co. generates revenue through a service fee structure associated with property acquisitions. Clients typically engage the firm for buyer's advocacy services, which may involve a flat fee or a percentage of the purchase price upon successful acquisition. Operating primarily on a B2C model, the firm also offers tailored solutions for property investors, emphasizing long-term client relationships to enhance business sustainability and revenue potential.Following the Seed funding round in January 2018, which raised USD 750,000, Converge Industries, Co. plans to utilize these funds to develop new products and enhance their service offerings in the property advocacy sector. The company is targeting expansion into new geographic markets, with a focus on broader urban areas in Australia by mid-2024. This growth strategy aims to reach a wider client base and improve the efficiency of property acquisition processes.

## Funding rounds

- Seed, Jan 25, 2018, $0.8M — Kima Ventures, Techstars, Samsung NEXT Ventures

## Investors

- Kima Ventures (https://capitalatlas.ai/funds/kima-ventures) — Seed
- Techstars (https://capitalatlas.ai/funds/techstars) — Seed
- Samsung NEXT Ventures (https://capitalatlas.ai/funds/samsung-next-ventures) — Seed