Diligence memo · auto-generated · as of July 2, 2026
Converus, Inc.
Converus, Inc. looks fair against its niche peers and is dormant on financing cadence.
Businessfiled
Converus, Inc. operates in Other Technology, based in LEHI.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Converus, Inc. has raised $10M in disclosed capital across 2 recorded rounds, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).
Largest single filing: $5.6M on 2019-03-06.
Most recent recorded round closed around 2019-03-06.
Valuation (modeled)modeled
Provath models Converus, Inc. at approximately $156M (range $7.5M–$847M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: 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.
Financing rhythm & timingmixed
Historic cadence: a new round about every 22 months.
Last raise 7.3 yr ago; this sector typically re-raises about every 13 months.
Silent for over 3× the sector's normal cadence.
The last round stepped up 1.3× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 73% of Other Technology peers (21302 compared).
Modeled value ranks above 80% of those peers.
Closest niche peers: Neighborhoods.com, LLC, tinyBuild Inc., DV01, Inc., NowSecure, Inc., Airbiquity Inc.
Peoplefiled
10 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.