Diligence memo · auto-generated · as of July 2, 2026
Converge Technology Solutions Corp.
Converge Technology Solutions Corp. looks fair against its niche peers and is dormant on financing cadence.
Businessfiled
Converge Technology Solutions Corp. operates in Software / Tech, based in Toronto.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Converge Technology Solutions Corp. has raised $593K in disclosed capital across 2 recorded rounds, aggregated from public filings. Its latest round is modeled as Pre-Seed (a round under $1.0M).
Largest single filing: $314K on 2018-11-07.
Most recent recorded round closed around 2020-07-31.
Valuation (modeled)modeled
Provath models Converge Technology Solutions Corp. at approximately $11M (range $183K–$126M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 0.99× the median modeled value of Pre-Seed Software / Tech companies in 2019–2021 (307 peers) — value vs value, same stage and era. Within the normal band (99% of peer median) for its niche.
Financing rhythm & timingmixed
Historic cadence: a new round about every 21 months.
Last raise 5.9 yr ago; this sector typically re-raises about every 13 months.
Silent for over 3× the sector's normal cadence.
The last round was 1.1× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 18% of Software / Tech peers (3920 compared).
Modeled value ranks above 29% of those peers.
Closest niche peers: AGAE Technologies LLC, Sidehustle App, Inc., Owl Peak Technologies, Inc, Backbone Labs, Inc., DLO Digital Loans, Inc..
Peoplefiled
11 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.