Converge Bio

Other Information Technology · Wilmington, DE · Founded 2024 · Privately Held (backing)

Developer of a biotech platform designed to apply generative artificial intelligence to biological data for advancing drug discovery and development. Converge Bio is based in Wilmington, DE and was founded in 2024. It was valued at $90 million at its early-stage round in Jan 2026, the last priced event on record. It has raised $30.5 million across 1 recorded round; the latest was a $25 million Series A in Jan 2026.

PMV mark · valuation
$90.0M
Oct 2026
Priced at
its early-stage round
Jan 2026
Total raised
$30.5M
Last round
Early Stage VC (Series A)
Jan 2026
What is Converge Bio worth?
$90.0MPrivateMarketView mark · Oct 2026

Valued at $90.0M at its early-stage round, Jan 2026. Nothing has traded since.

Free account
More of Converge Bio with a free account
  • ·Watch Converge Bio: the Monday email on marks, rounds and moves
Create free account
No card required

Membership and data by Private Market View

Valuation timeline

0 priced rounds · 32 daily marks since · Sep 2026 – Oct 2026
▮▮
Markrounds hold their value until the next priced eventMark, today
log scale
Post-money values unlock with a free account.Unlock the axis

Membership and data by Private Market View

Converge Bio funding history

1 rounds
DateRoundRaisedPost-money
Jan 2026Early Stage VC (Series A)$25.0M▮
Unlock post-money valuations

Membership and data by Private Market View

Converge Bio valuation

Converge Bio was valued at $90 million at its early-stage round in Jan 2026. That is the last priced event on record: no secondary trade or institutional fund mark has moved the figure since.

How much has Converge Bio raised?

Converge Bio has raised $30.5 million across 1 recorded round since 2026. The largest was a $25 million Series A in Jan 2026.

Converge Bio has filed 1 Form D with the SEC, most recently in Apr 2026 ($25 million sold to 19 investors).

Institutional holders and vehicles

In the last 12 months, 1 investment vehicle was formed to buy Converge Bio shares, reporting $154,500 sold to 2 investors, per SEC Form D filings (most recent Oct 2025).

How Converge Bio's valuation is determined

Private company valuations aren’t quoted on an exchange — they’re established in moments: a priced funding round sets a post-money valuation, secondary trades print at a price per share, and SEC-registered funds holding the stock report fair-value marks in their N-PORT filings.

For Converge Bio, the most current credible signal sets the number and the older ones confirm it: a live secondary-market price first, then three or more recent prints, then institutional fund marks, and otherwise the last priced round, which never decays. The valuation is the last round’s post-money moved by the price change since that round, so no share count is assumed. Today it is set by its last priced round. Question about this number? Full methodology →

Frequently asked about Converge Bio

What is Converge Bio worth?
Converge Bio is valued at $90.0M as of Oct 2026. Valued at $90.0M at its early-stage round, Jan 2026. Nothing has traded since.
How much has Converge Bio raised?
Converge Bio has raised $30.5M in total funding across 1 recorded rounds.
When did Converge Bio last raise?
Converge Bio last raised in Jan 2026 (Early Stage VC (Series A)), raising $25.0M.