Convercent
 | |
| Company type | Privately held |
|---|---|
| Industry | Governance, Risk Management, and Compliance |
| Founded | 29 January 2013  |
| Headquarters | |
Key people | Patrick Quinlan, CEO |
| Website | www.convercent.com |
Convercent is a Denver, Colorado-based software company that helps companies design and implement compliance programs.[1] The company's Convercent governance, risk management and compliance (GRC) software integrates the management of corporate compliance risk, cases, disclosures, training and policies.
Software
[edit]The company's software is delivered using the software as a service model.[2]
Funding
[edit]In January 2013, Convercent received $10.2 million in funding, led by Azure Capital Partners and Mantucket Capital and with participation from City National Bank.[3]
In October 2013, Convercent raised $10M in Series B funding led by Sapphire Ventures] (formerly SAP Ventures),[4] with participation from existing investors Azure Capital Partners, Rho Capital Partners, and Mantucket Capital.[5]
Customers
[edit]Convercent has hundreds of customers in more than 130 countries, including Philip Morris International, CH2M Hill and Under Armour.[6]
History
[edit]In March 2021, Convercent was acquired by Atlanta-based “trust intelligence” software company, OneTrust.[7]
References
[edit]- ^ Rogers, Bruce. "Convercent CEO Breaks the Rules to Grow His Company". Forbes. Retrieved 5 June 2013.
- ^ "The start-ups that will help your company avoid becoming the next Uber". latimes.com. 2017-08-03. Retrieved 2017-08-08.
- ^ "Convercent Raises $10.2M To Help Companies Promote The Good And Manage The Bad". Tech Crunch. Retrieved 29 January 2013.
- ^ "SAP Ventures Changes Name to Sapphire Ventures, Expands Focus". Wall Street Journal. Retrieved 16 October 2014.
- ^ "Denver's Convercent Closes $10M Series B Round Led by SAP Ventures". Xconomy. Retrieved 24 October 2013.
- ^ "Convercent Announces Customer Wins". Compliance Week. Retrieved 14 August 2014.
- ^ Schilling, Erin (6 April 2021). "Atlanta unicorn OneTrust quietly raises $210M after buying two companies". Atlanta Business Journal. Retrieved 19 April 2022.