Companies · Other Technology

Converus, Inc.

LEHI · Other Technology

Diligence memoA one-page analyst read on Converus, Inc. — recommendation, valuation, rhythm, risks.
$10.0M
Total raised · real
2
Rounds
1.3×
Latest step-up
Top 28%
Sector rank · raised
Series A
Latest stage · inferred · Wed Mar 06 2019 00:00:00 GMT+0000 (Coordinated Universal Time)

Converus, Inc. looks fair against its niche peers and is dormant on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the technology sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Fair
  • Modeled value is 1.09× the median modeled value of Series A Other Technology companies in 2019–2021 (992 peers) — value vs value, same stage and era.
  • Within the normal band (109% of peer median) for its niche.
Dormant
  • Last raise 7.3 yr ago; this sector typically re-raises about every 13 months.
  • Silent for over 3× the sector's normal cadence.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in Other Technology

Converus, Inc. is one of 21292 Other Technology companies tracked from LEHI. By capital raised it ranks in the upper tier (ahead of 73% of sector peers), and in the upper tier by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
26
Investors (latest)
2019-03-06
First sale
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$50M$100M$150M$200MSeries A · 2017-05-13 Raised $4.4M (real) Modeled valuation $122M (est)$4.4M$122MSeries A2017Series A · 2019-03-06 Raised $5.6M (real) Modeled valuation $156M (est)$5.6M$156MSeries A2019+$5.6MCumulative $10M

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Series A$4.4M · 2017
Series A extension$5.6M · 2019

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 33%.

Modeled valuation trajectory
$155.7M
Base estimate est.
$7.5M
Conservative case
$846.5M
Upside case
$25.5M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Aa $4.0M–$15M round). Valuation is modeled from stage benchmarks scaled by the technology sector profile. Directional, not a quoted figure.

Series A · modeled $122.0M · 2017-05-132017Series A · modeled $155.7M · 2019-03-062019
Model inputs · modeled:benchmark-stage-stepup-v1
22%
Dilution assumption
Implied ownership sold in the financing.
54%
Survival probability
29% low · 74% high
1.50×/yr
Annual markup
1.89×/yr upside case
6.0 yr
Elapsed time used
7.3 yr actual, capped for stale marks
technology
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
22 mo
Avg between rounds
$5.5M/yr
Capital velocity
9.1 yr
On record since
2017
First round
2
Rounds on file
How it compares to the market

Benchmarked against 21292 companies in Other Technology. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 3.2× above median
This company$10.0M
Sector median$3.2M
Latest round — vs other Series A rounds in sector (real $, this stage) 1.0× of median
This company$5.6M
Sector median$5.8M
Modeled value — vs sector median (estimate, all stages) 4.2× above median
This company$155.7M
Sector median$37.3M

Raised more than 73% of sector peers (real $). Modeled value above 80% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series A) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful. This company ranks #432 of 992.

This companyCohort peer
$100.0M$1.0B$1.0M$10.0M$100.0MCapital raised (log)DV01, Inc. · Series A Raised $28.4M · modeled $416.1M (est)NowSecure, Inc. · Series A Raised $15.0M · modeled $416.1M (est)tinyBuild Inc. · Series A Raised $18.8M · modeled $416.1M (est)Neighborhoods.com, LLC · Series A Raised $15.0M · modeled $416.1M (est)Airbiquity Inc · Series A Raised $29.4M · modeled $416.1M (est)AnalyticsIQ Holdings, Inc. · Series A Raised $15.0M · modeled $416.1M (est)MIXhalo Corp. · Series A Raised $14.7M · modeled $408.5M (est)Automation Hero, Inc. · Series A Raised $14.5M · modeled $402.2M (est)Bioz, Inc. · Series A Raised $14.5M · modeled $401.7M (est)Gamers Net, Inc. · Series A Raised $14.2M · modeled $392.9M (est)PassiveLogic, Inc. · Series A Raised $14.0M · modeled $389.1M (est)Stellar Aurora, Inc. · Series A Raised $14.0M · modeled $388.5M (est)Converus, Inc. (this company) Raised $10.0M · modeled $155.7M (est)Converus, Inc.
CompanyStageRaised · realValue · estvs peer med.
DV01, Inc.Series A$28.4M$416.1M2.92×
NowSecure, Inc.Series A$15.0M$416.1M2.92×
tinyBuild Inc.Series A$18.8M$416.1M2.92×
Neighborhoods.com, LLCSeries A$15.0M$416.1M2.92×
Airbiquity IncSeries A$29.4M$416.1M2.92×
AnalyticsIQ Holdings, Inc.Series A$15.0M$416.1M2.92×
MIXhalo Corp.Series A$14.7M$408.5M2.87×
Automation Hero, Inc.Series A$14.5M$402.2M2.83×
Bioz, Inc.Series A$14.5M$401.7M2.82×
Gamers Net, Inc.Series A$14.2M$392.9M2.76×
PassiveLogic, Inc.Series A$14.0M$389.1M2.73×
Stellar Aurora, Inc.Series A$14.0M$388.5M2.73×
Converus, Inc. this companySeries A$10.0M$155.7M1.09×
Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Series A$4.4M2017-05-13$20.0M$122.0M90%
Series A$5.6M2019-03-06$25.5M$155.7M90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Series A$4.4M2017-05-13
    • First recorded raise — entered as Series A.
    • 21 investors on this round.
  2. Series A$5.6M2019-03-06
    • Raised again after 22 mo — slower than the ~13 mo sector norm.
    • Round roughly the size of the prior one.
    • 26 investors on this round.
Intelligence
2020 ~Q4
Modeled next raise · ~22mo cadence
$7.2M
Modeled next size est.range $5.6M$11.5M
1.3×
Last step-up
$5.5M/yr
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
Michael Wolfgramm8 other2017-05
Bryan Ritchie6 other2017-05
Paul Ahlstrom5 other2017-05
Scott Frazier4 other2019-03
Rogelio De Los Santos2 other2019-03
Russ Warner1 other2019-03
Ben Stout2019-03
Donald Sanborn2017-05
Greg Parkinson2019-03
Todd Mickelsen2017-05
Registry & provenance

Converus, Inc. is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
1706142
SEC CIK
Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

CompanySectorStageRaised · realValue · estWhy similar
Nuve Inc.Other TechnologySeries A$11.8M$172.3Mnetwork1 shared operator · same sector · same stage
SIMBA Chain, Inc.Other TechnologySeries A$14.2M$224.9Mnetwork1 shared operator · same sector · same stage
Public Engines, IncOther TechnologySeries A$14.2M$137.3Mnetwork1 shared operator · same sector · same stage
IsoTalent, Inc.Other TechnologySeries A$5.1M$64.7Mnetwork1 shared operator · same sector · same stage
Profitic, Inc.Other TechnologyPre-Seed$1.5M$9.8Mnetwork2 shared operators · same sector
Consensus Sales, Inc.Other TechnologySeries A$26.0M$226.9Mnetwork1 shared operator · same sector · same stage
Miningio LlcOther TechnologySeries A$10.0M$154.2Msame sector · same stage
SpaceSense CorpOther TechnologySeries A$10.0M$162.0Msame sector · same stage
Semantically similar

Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.

CompanySectorStageValue · estMatch
Convercent, Inc.Other TechnologySeries B$60.9M90%
Continu Inc.Other TechnologySeries A$202.4M90%
Contoro Inc.Other TechnologySeries A$56.5M88%
Conflixis, Inc.Other TechnologySeries A$21.2M88%
Connexus Living Inc.Other TechnologyPre-Seed$628K88%
Conversica, Inc.Other TechnologySeries B$588.7M87%
Conx-Usa, IncOther TechnologyPre-Seed$308K87%
Configure, Inc.Other TechnologySeed$34.0M87%
Frequently asked
How much funding has Converus, Inc. raised?
Converus, Inc. has raised approximately $10.0M in disclosed capital across 2 recorded financing rounds, aggregated from public filings.
What is Converus, Inc.'s estimated valuation?
Provath's modeled valuation for Converus, Inc. is approximately $155.7M (modeled range $7.5M–$846.5M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Converus, Inc. at?
Converus, Inc.'s latest modeled financing stage is Series A. Its most recent recorded round closed around Wed Mar 06.
What does Converus, Inc. do and where is it based?
Converus, Inc. operates in the Other Technology sector, based in LEHI.
Explore related

See where Converus, Inc. sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

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