Converge Ventures
Converge Ventures
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    • Home
    • About Us
    • Team
    • Converge Effect
    • News
      • Converge Ventures News
      • Client News
    • Portfolio
    • Contact Us
  • Home
  • About Us
  • Team
  • Converge Effect
  • News
  • Portfolio
  • Contact Us

Market Differentiation

Converge Ventures harnesses the power of public-private partnerships to develop and market cutting-edge products. We provide an environment in which innovative start-ups can grow and thrive, which encourages greater returns on investment.

We develop innovations with a purpose.

Market Need

Converge develops innovative products that are driven by customer demand.  Our start-ups solve customer specific problems that are articulated to our team, so there is always a defined end-market customer.  

Greenfield Research

Our pipeline of commercializable intellectual property utilizes R&D developed at multiple Ohio universities.  These organizations spend over $10B annually on research resulting in innovation that remains mostly unused and under-commercialized. 

Development Expertise

Engineering and product development capabilities are leveraged across our portfolio of start-ups.  Initial design, prototyping, redesign, product testing and small run manufacturing are more accessible due to Converge's in-house production and engineering capabilities. 

Our customers are also our development partners.

Customer Identification

Pre-identified and engaged customers mean the market

need is locked down before developing and investing in any

innovation projects that Converge undertakes.

Grant Led Purchasing

Defense Capital Match Projects provide matched DOD funding and lead to next phase purchase contracts. Next phase product purchase is automatic with no additional approvals necessary. 

End-User Feedback

Our customers are our product partners, providing essential feedback and R&D capital in order to secure early adopter/purchaser status. 

Our Process

250 Funded and Patented Technologies

50 Technologies Relevant to Industry Challenges

50 Technologies Relevant to Industry Challenges

  • Ranked Via Converge Algorithm
  • Available and Un-Vetted IP
  • Converge Engaged Partners
  • Options Exercised Liberally
  • Non-Exclusive Acceptable

50 Technologies Relevant to Industry Challenges

50 Technologies Relevant to Industry Challenges

50 Technologies Relevant to Industry Challenges

  • Converge Industry Partner Validation
  • Initial Filter Via No-Cost SME Network
  • Market Analysis for High Potentials
  • Converge Lean Start-Up Process
  • Business Student Engagement

20 Market Vetted Potential Start-Ups

10 Fully Vetted Start-Ups Launched with Traction

10 Fully Vetted Start-Ups Launched with Traction

  • Converge Engineering Validation
  • Efficient Design to Manufacture
  • Alpha and Beta Prototyping
  • Heavy Use of Subsidized Programs
  • Engineering Student Engagement
  • Non-Dilutive Funding Capture
  • Industry (Customer) Partnering

10 Fully Vetted Start-Ups Launched with Traction

10 Fully Vetted Start-Ups Launched with Traction

10 Fully Vetted Start-Ups Launched with Traction

  • Converge Start-Up Launch
  • Initial Orders Executed
  • CEO/COO Identified and Placed
  • Supply and Distribution Established
  • Ongoing Support from Converge
  • Series A Ready Investments
  • Strategic Acquirers Identified

Who We Work With

Industry Collaboration

Industry Collaboration

Industry Collaboration

Converge has cultivated relationships with thousands of industry partners, ranging in size from early-stage startups through Fortune 50 corporations. 

Service Providers

Industry Collaboration

Industry Collaboration

Converge has developed a network of service providers providing support capability for every stage of the business cycle. 

Economic Development

Industry Collaboration

Economic Development

Converge has engaged numerous economic development agencies and funding sources.

Fundamental Research

Fundamental Research

Economic Development

Converge has relationships with many research institutions and and federal laboratories across Ohio.

Support Programs

Fundamental Research

Investment Capital

Converge has successfully engaged an array of federal support programs, including SBDC, PTAC, and MEP.

Investment Capital

Fundamental Research

Investment Capital

Converge has solid relationships with local and national venture capital partners and commercial banks.

Our Partners

Converge Technologies

Converge Technologies

Converge Technologies

 Converge Technologies is a commercial engineering and business advisory services firm created to support efficient commercialization of innovative technologies. 

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BX3

Converge Technologies

Converge Technologies

BX3 uses expertise to raise funds and provide the necessary tools and framework to turn ideas into successful businesses across a variety of sectors.

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