Diligence memo · auto-generated · as of July 2, 2026
Convergence Wireless, Inc.
Convergence Wireless, Inc. has raised $24M over 1 round; too few niche peers to rank its valuation yet.
Businessfiled
Convergence Wireless, Inc. operates in Energy Conservation, based in CORONA DEL MAR.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Convergence Wireless, Inc. has raised $24M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Series B (a $15M–$40M round).
Largest single filing: $24M on 2018-07-01.
Most recent recorded round closed around 2018-07-01.
Valuation (modeled)modeled
Provath models Convergence Wireless, Inc. at approximately $582M (range $55M–$2.2B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Too few comparable companies in this niche to rank the valuation fairly yet.
Financing rhythm & timingmixed
Historic cadence: a new round about every 12 months.
Last raise 8.0 yr ago; this sector typically re-raises about every 11 months.
Only one round on record and long silent — often defunct, acquired, or gone quiet.
Comparablesmixed
Capital scale ranks ahead of 87% of Energy Conservation peers (254 compared).
Modeled value ranks above 96% of those peers.
Closest niche peers: Next Step Living, Inc..
Peoplefiled
5 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.