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Convr

Frictionless underwriting software platform

Convr logo
21-100 employees
  • B2B
  • Artificial Intelligence
  • Insurance
  • Machine Learning
  • SaaS
Schaumburg Township, Schaumburg, IL

Company mission

To make life-changing impact on the people behind the business.

Top investors

Few candidates hear
back within 2 weeks

-6% employee growth in 12 months

Our take

Underwriting presents an opportunity for companies to take out loans, insurance, or investments without taking on all the associated risks. However, with the complexity of compliance regulations increasing and new obstacles constantly appearing for businesses, making an informed decision within the continuously changing nature of financial risks has become complicated for underwriters,

Convr develops tools for underwriters that help to inform decisions regarding the risk of a business opportunity. Features include the analysis of third-party business data, automated assessment of financial documents, and AI-driven answering of underwriting questions. Ultimately, these tools can be used to autonomously evaluate the risk associated with underwriting for a business.

Business and financial data are being applied to AI-driven solutions to increase efficiency in most sectors, yet Convr has found a gap in the market with its approach to solving underwriting problems. The company will continue to focus on scaling its solutions, having invested series B funding into research and development.

Kirsty headshot

Kirsty

Company Specialist at Welcome to the Jungle

Benefits

  • Managed PTO
  • Flexible Work Hours
  • Personal & Professional Development Opportunities
  • Employee Peer Reward Program
  • 401K Financial Advice
  • Hybrid/remote work options. You decide!
  • Paid Parental Leave
  • Company-Paid Holidays
  • Insurance Coverage on Day One!
  • 401K & Stock Options

Company values

  • Success
  • Convr-sation
  • Integrity
  • Responsibility
  • Passion

Funding (2 rounds)

Nov 2019

$15.2m

SERIES B

Sep 2017

$2.5m

SERIES A

Total funding: $17.7m

This company has top investors

Leadership

Harish started their career as a Consultant at Pentafour and EY for 7 years, before working in Management at Capgemini and Allstate Insurance Company. They then spent a combined 9 years at BCG and Zurich before co-founding Convr in April 2016.

Kuldeep Malik

(Board Member)

Kuldee co-founded Persio in 2009, where they spent 7 years before co-founding Convr as CEO. Since 2016, they have been a Board Member alongside serving as CEO of B2Z Insurance.

Job (1)

All locations

Software Engineering