Converge Insurance secured a $5 million strategic investment from QBE Ventures to enhance technology infrastructure and expand underwriting capabilities.
Amount Raised
$5 Million
Round Type
Series B
New YorkEmployee BenefitsInsuranceInvestors
Description
Converge Insurance has received a $5 million investment from QBE Ventures, which will be used to improve its technology and claims process. This strategic funding builds on the partnership with QBE to support their growth in the cyber insurance market.
Quick answer
Converge Insurance raised $5 Million in a Series B round, dated March 3, 2025. Investors: QBE Ventures. Converge Insurance is based in New York, New York, United States.
- How much did Converge Insurance raise?
- Converge Insurance raised $5 Million in a Series B round on March 3, 2025.
- Who invested in Converge Insurance?
- QBE Ventures is named as investors in this round.
- What does Converge Insurance do?
- Converge fuses cyber insurance, security and technology to provide businesses with clear, confident cyber protection.
- Where is Converge Insurance based and how big is it?
- Converge Insurance is based in New York, New York, United States.
- Who are the decision-makers at Converge Insurance?
- Fundz holds 1 contact at Converge Insurance. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Employee Benefits and Insurance around the same time
Companies in the same sectors as Converge Insurance that raised within 45 days of this round, from Fundz verified event records.
- Vivere Partners raised $7.5M (Series A) on April 2, 2025.
- Planck raised an undisclosed amount (Pre-Seed) on April 17, 2025.
- Tundr raised $8.2M (Seed) on April 16, 2025.
- Players Health raised $28M (Funding Round) on April 15, 2025.
- Meanwhile raised $40M (Series A) on April 12, 2025.
- Meanwhile raised $40M (Series A) on April 10, 2025.
Who to call at Converge Insurance, and when
A new round usually means Converge Insurance is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Converge Insurance raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Converge Insurance, from your own LinkedIn network
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Funding Insights
What this usually meansConverge Insurance raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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