Convergence secures $12M pre-seed funding for AI development
Convergence, a London-based AI startup, raised $12M in Pre-Seed funding.
The funding round was led by Balderton Capital, with participation from Salesforce Ventures and Shopify Ventures. These funds will be used to advance the development of personalized AI agents called Proxy.
Founded in April 2024 by machine learning engineers Marvin Purtorab (CEO) and Andy Toulis (CTO), Convergence aims to revolutionize productivity by automating administrative tasks through continual learning models.
Convergence's Proxy utilizes Large Meta Learning Models (LMLM) to offer tailored support for various tasks, benefiting both workplace efficiency and individual consumers in daily activities.