# Convergence Industry

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/convergence-industry

- Industry: Healthcare IT
- Headquarters: Deventer, Netherlands
- Website: www.dovideqmedical.com
- Latest round: Seed (Nov 4, 2015)
- Investors on record: 1

## About

Convergence Industry BV develops advanced testing solutions for medical endoscopic equipment, enhancing safety and functionality in healthcare environments. Their innovative products support hospitals in maintaining compliant and operational medical devices.Founded in 2011 in Deventer, Netherlands, Convergence Industry BV focuses on testing solutions for medical devices. The company has completed 2 deals, with the most recent on January 17, 2017. The founder's history is currently not disclosed.Dovideq Medical Systems specializes in advanced testing solutions for endoscopic equipment, focusing on ensuring the functionality and safety of medical devices in operating rooms. Their core product offerings include the automated endoscope tester LightControl, the smart leak tester LeakControl, and the GuideControl system for extending the lifespan of light guide cables and endoscopes. These products aim to mitigate risks associated with faulty medical instruments, reduce repair costs, and enhance patient safety within hospitals. Dovideq's clients include healthcare institutions across Europe, particularly in regions governed by strict regulations such as the EU MDR 2017/745 and ISO 17665, catering specifically to sterile services departments (CSSDs) and medical technology teams.Dovideq Medical Systems generates revenue through a direct sales model, offering its testing equipment and solutions to healthcare providers. Transactions are structured as business-to-business (B2B) agreements, where hospitals and medical facilities procure Dovideq's products, often accompanied by service agreements for ongoing support and maintenance. The company's flagship products, including the LightControl and LeakControl systems, are essential tools for medical institutions aiming to enhance their endoscopy equipment management. The value proposition lies in their ability to reduce operational costs and improve productivity, thereby justifying the investment for healthcare providers.In January 2017, Convergence Industry BV raised an undisclosed amount of venture funding from new investor Oost NL and returning investor Zeeland Investment Fund. The company is focusing on developing new products to address market demands and plans to expand into additional European markets by 2025, leveraging recent funding to support these initiatives.

## Funding rounds

- Seed, Nov 4, 2015 — Zeeland Investment Fund

## Investors

- Zeeland Investment Fund (https://capitalatlas.ai/funds/zeeland-investment-fund) — Seed