Convergence Ventures (company)

Convergence Ventures (company)

A venture capital firm in Indonesia that focuses on investing in companies within this country.

Convergence Ventures is a venture capital firm in Indonesia that focuses on investing in companies within this country. Founded 2014 in Jakarta Raya, Indonesia by Adrian Li and Donald Wihardja, this venture capital invests in early stage ventures, seed, series A, series B, and convertible notes. Its portfolio companies include Hacktiv8, Carsome, Workmate, Koinworks, and JULO. As of February 2020, Convergence Ventures has made 48 investments. Their most recent investment was on January 15, 2020, when Hacktiv8 raised $3M. Convergence Ventures has had three exits, the most notable of which include 17 Media, MoneySmart, and FemaleDaily Network. Convergence Ventures has raised a single venture fund, Convergence Capital I. This fund was announced on October 3, 2016 and raised a total of $30M.

Timeline

2014

Founded

Funded Companies

Company
Description
Industry
Website
Location
PT Julo Teknologi Finansial

Company

GoWork is an Indonesia-based coworking company.

Rework is an Indonesia-based company.

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People

Name
Role
LinkedIn

Adrian Li

Founding and Managing Partner

Alvin Cahyadi

Investment Associate

Donald Wihardja

Partner

Maliekah Harjani

Investment Analyst

Nandia Karina

Executive Talent Director

Tanisha Banaszczyk

Investment Manager

Teta Augenia Sepita

Executive Assistant & Office Manager

Further reading

Title
Author
Link
Type
Date

Documentaries, videos and podcasts

Title
Date
Link

Companies

Company
CEO
Location
Products/Services

17 Media

Carsome

Hacktiv8

JULO

Koinworks

Logisly

Moka

Stockbit

ZUZU Hospitality

References

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