C
Convr
Data science platform for commercial underwriting
About Convr
Convr, originally founded as DataCubes in 2016, is the brainchild of Harish Neelamana. The company embarked on a mission to revolutionize the commercial property and casualty (P&C) insurance industry through artificial intelligence. Convr's platform offers an AI-driven underwriting workbench that streamlines and enhances the underwriting process for insurers.
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Harish Neelamana, serving as the Co-founder and President, played a pivotal role in the creation and development of Convr's innovative solutions. His vision was to address the inefficiencies in traditional underwriting by leveraging data and machine learning to automate decision-making processes.
In its journey, Convr has successfully raised a total of $18 million over two funding rounds, with significant contributions from investors like NFP Venture and Stage 2 Capital. This financial backing has been instrumental in scaling their operations and expanding their technological capabilities.
Convr's impact on the insurance industry is profound, offering a digital transformation that allows insurers to achieve operational excellence and improved risk assessment. By providing a frictionless underwriting experience, Convr empowers insurance carriers to make more informed decisions, ultimately benefiting both insurers and policyholders.
Today, Convr stands as a testament to the power of innovation in the insurance sector, continually pushing the boundaries of what's possible with AI and data-driven insights.
At a glance
- Status
- Operational
- Founded
- 2015
- Headquarters
- Schaumburg, United States
- Employees
- 64
- Open positions
- None listed
- Dealroom signal
- 72.9/100
- Industry
- Fintech
- Sub-industry
- Insurance
- Sector
- Fintech, Risk Management, Insurtech Underwriting, PandC Insurance, Commercial Insurance
- Technology
- Artificial Intelligence, Big Data, Machine Learning
- Business model
- SaaS
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES B✓Equity / VC | Nov 2019 | $15M | $61M | MK Capital · Seyen Capital · MPK Equity Partners · Altos Ventures | — |
| CONVERTIBLEEquity / VC | Dec 2018 | $0 | — | NFP Ventures | — |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for Convr is 3K monthly website visits, down 38.8% over the last three months. Convr's team grew 8.5% over the past year.
Similar companies
Company identity and context are open; selected comparison metrics preview what is available on the platform.
Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A6 investors entered at this stage
Seyen Capital
MK Capital
NFP Ventures
MPK Equity Partners
Altos Ventures
Palm Drive Capital
Other known investors4 additional known investors
Distributed Ventures
M25
Plug and Play
Shawn Ellis
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Convr on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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