Converge
Converge optimizes concrete operations and materials for the site, factory, and ready mixer by digitizing the physical world of construction with sensors and AI technologies.
Construction is one of the world’s most crucial industries, but it’s incredibly inefficient and unsustainable. It accounts for about 8% of global CO2 emissions, partly due to its heavy reliance on concrete. Low levels of digitization throughout the industry have created massive inefficiencies, contributing to safety issues, errors, and wasted resources.
Converge optimizes concrete operations. Using sensors and intelligence platforms, they increase efficiencies across the construction site. These efficiencies include faster build times, reduced material usage, lower embodied carbon, and increased worker safety. They bridge the gap between sustainability and business viability by enabling customers to save money and the planet at the same time.
Founders
Raphael Scheps
CEO
Raphael holds a masters in Mathematics and bachelors in Physics from the University of Cambridge. Raphael worked as an engineer at Mellanox Technologies, on high speed interconnect for supercomputers, and as a researcher at the Weizmann Institute analyzing sensor data from telescopes.
Gideon Farrell
CTO
Gideon holds an MA and MSci in Astrophysics from Cambridge, and brings more than 8 years of IoT experience to Converge. He served as a Researcher for Intel’s WISP (Wireless Identification and Sensing Platform) at Georgia Tech Research Institute, and developed and tested SQUIDS (Superconducting Quantum Interference Devices) at the Weizmann Institute in Israel.
Milestones
Founded at Entrepreneur First
Seed led by Kima Ventures
Series A ($15 million) led by OGCI Climate Investments