Convergence Ventures - aVenture Asset Manager Research
Location
Jakarta, ID
Founded
2014
Convergence Ventures is an early-stage technology venture fund focused on investing in Indonesia's digital disruptors. Based in Jakarta, the firm targets startups in the rapidly growing Indonesian internet market, which is expected to comprise nearly half of Southeast Asia's digital economy. Convergence typically invests in seed and Series A rounds, with occasional participation in convertible note financing.
The fund is led by partners Adrian Li and Donald Wihardja, seasoned professionals with extensive operating experience in internet and mobile businesses in emerging markets. Convergence leverages its industry insights, support services, and global network to empower exceptional founders building disruptive and impactful businesses for Indonesia and the Southeast Asia region. Notable portfolio companies include Payfazz, Xendit, and Pandemic Insights.
Convergence Ventures - Portfolio Snapshot
Portfolio activity breakdown across disclosed investments and stages
Jakarta-based financial services firm, Convergence Ventures, invests in Indonesia's digital disruptors, leveraging global networks to empower exceptional founders.
Series A 50%Seed 33%Series B 17%
Concentration shown as share of disclosed investments by stage.