# Conversant Solutions Pte

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/conversant-solutions-pte

- Industry: Software
- Headquarters: Singapore, Singapore
- Website: www.conversant.tv
- Total disclosed funding: $85M
- Latest round: Series B (Sep 29, 2021)
- Investors on record: 7

## About

Conversant Solutions Pte Ltd. is a Singapore-based company specializing in enhancing connectivity and security for businesses through innovative solutions such as media services and edge computing.Founded in 2002 in Singapore, Conversant Solutions Pte Ltd. focuses on delivering advanced connectivity solutions. The company raised USD 26.52 mn in its SERIES B funding round on April 8, 2022, valuing it at USD 196.99 mn. The funding was led by Kape VCC and Sun Venture, among other investors. Funhua Cheong serves as CEO, guiding the firm through its growth trajectory.Conversant Solutions offers a comprehensive portfolio aimed at improving connectivity and security, including live media services, game experience acceleration, and AI and edge computing solutions. The company's products ensure high-performance, low-latency internet experiences, catering to bandwidth-intensive sectors like media streaming, online gaming, and e-commerce. Its clientele spans telecom operators and enterprises across Asia, providing scalable solutions tailored to facilitate seamless digital interactions.In 2022, Conversant Solutions reported a revenue of USD 93.98 mn, while also noting an EBITDA of USD -6.65 mn for the same year. The company's revenue generation model includes B2B subscriptions and partnerships, alongside direct-to-consumer transactions, effectively creating recurring revenue streams.Looking forward, Conversant Solutions plans to leverage the recent SERIES B funding of USD 26.52 mn to enhance its product lineup and expand into new markets. The firm is currently designing new offerings aimed at further improving its edge computing capabilities and security services, with specific product launches anticipated within the next year. Additionally, the company aims to penetrate further into markets across Southeast Asia by 2024, focusing on tailoring its solutions to meet local demands.

## Funding rounds

- Series B, Sep 29, 2021, $80M — SBI Investment Korea, Phillip Private Equity, EVIA Capital Partners, Yunqi Partners, Utilico Emerging Markets, Indies Capital Partners, CONCORDIA INVESTMENTS
- Series A, Nov 18, 2016, $5.7M — EVIA Capital Partners

## Investors

- EVIA Capital Partners (https://capitalatlas.ai/funds/evia-capital-partners) — Series A, Series B
- SBI Investment Korea (https://capitalatlas.ai/funds/sbi-investment-korea) — Series B
- Phillip Private Equity (https://capitalatlas.ai/funds/phillip-private-equity) — Series B
- Yunqi Partners (https://capitalatlas.ai/funds/yunqi-partners) — Series B
- Utilico Emerging Markets — Series B
- Indies Capital Partners (https://capitalatlas.ai/funds/indies-capital-partners) — Series B
- CONCORDIA INVESTMENTS — Series B