Converge.io

About Converge.io

Converge is a construction technology company founded in 2014 by Raphael Scheps and Gideon Farrell. Headquartered in London, the company specializes in digitizing construction through artificial intelligence and cloud-based technologies powered by a suite of wireless sensors. The founders, both University of Cambridge alumni, bring a wealth of technical experience to the firm. CEO Raphael Scheps holds a master's degree in Mathematics and a bachelor's in Physics, with prior experience as an engineer at Mellanox Technologies and a researcher at the Caltech Core Collapse Project analyzing telescope sensor data. CTO Gideon Farrell has a background in Astrophysics and has worked as a researcher for Intel's Wireless Identification and Sensing Platform (WISP). Converge’s flagship product suite, ConcreteDNA, provides real-time insights into concrete curing, enabling construction companies to optimize schedules, reduce waste, and enhance safety. This platform integrates AI-powered predictive models with data from proprietary sensors to monitor concrete temperature and strength. The hardware includes a range of embeddable and reusable sensors like Signal, Helix, and Mesh, which transmit data wirelessly to the cloud, forming a digital twin of the concreting process. One of the key applications is Mix AI, a tool that uses predictive analytics to help contractors select optimal concrete mixes with lower cement content, thereby reducing embodied carbon emissions without compromising performance. The company's business model is centered on providing its platform and hardware to major construction companies, precast factories, and ready-mix providers. By offering real-time data and predictive analytics, Converge helps clients accelerate project timelines by up to 30-40%, reduce costs associated with traditional cube testing, and improve overall project efficiency. The company has raised significant funding to support its growth, including a Series B round of approximately €19.4 million in May 2025, led by ABN AMRO Sustainable Impact Fund. This investment aims to accelerate the company's global expansion and further development of its decarbonization technologies for the construction industry. Keywords: concrete monitoring, construction technology, artificial intelligence, IoT sensors, real-time data, concrete strength, decarbonization, predictive analytics, smart construction, digital twin, concrete maturity, contech, materials optimization, sustainable construction, jobsite efficiency, precast concrete, construction data management, wireless sensors, embodied carbon reduction, mix optimization