Company:Convercent
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| Type | Privately held |
|---|---|
| Industry | Governance, Risk Management, and Compliance |
| Headquarters | Denver, Colorado, US |
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
The company's software is delivered using the software as a service model.[2]
Funding
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
Convercent has hundreds of customers in more than 130 countries, including Philip Morris International, CH2M Hill and Under Armour.[6]
History
In March 2021, Convercent was acquired by Atlanta-based “trust intelligence” software company, OneTrust.[7]
References
- ↑ Rogers, Bruce. "Convercent CEO Breaks the Rules to Grow His Company". https://www.forbes.com/sites/brucerogers/2013/06/05/convercent-ceo-breaks-the-rules-to-grow-his-company/. Retrieved 5 June 2013.
- ↑ "The start-ups that will help your company avoid becoming the next Uber". 2017-08-03. http://www.latimes.com/business/technology/la-fi-tn-business-ethics-20170803-htmlstory.html. Retrieved 2017-08-08.
- ↑ "Convercent Raises $10.2M To Help Companies Promote The Good And Manage The Bad". https://techcrunch.com/2013/01/29/convercent-raise-10-2m-to-help-companies-promote-the-good-and-manage-the-bad/. Retrieved 29 January 2013.
- ↑ "SAP Ventures Changes Name to Sapphire Ventures, Expands Focus". https://blogs.wsj.com/venturecapital/2014/10/16/sap-ventures-changes-name-to-sapphire-ventures-expands-focus/. Retrieved 16 October 2014.
- ↑ "Denver’s Convercent Closes $10M Series B Round Led by SAP Ventures". http://www.xconomy.com/boulder-denver/2013/10/24/denvers-convercent-closes-10m-series-b-round-led-sap-ventures/. Retrieved 24 October 2013.
- ↑ "Convercent Announces Customer Wins". http://www.complianceweek.com/blogs/grc-announcements/convercent-announces-customer-wins. Retrieved 14 August 2014.
- ↑ Schilling, Erin (6 April 2021). "Atlanta unicorn OneTrust quietly raises $210M after buying two companies". Atlanta Business Journal. https://www.bizjournals.com/atlanta/news/2021/04/06/atlanta-startup-onetrust-raises-210m.html.
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