News


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Press Releases

    Convercent Continues Rapid Growth in Q3 2014 with 45% Increase in New Bookings
    Oct 03, 2014
    Convercent today announced that momentum from the company’s record Q2 growth continued in Q3, achieving 45% quarter-over-quarter growth during the quarter ended September 30, 2014. Convercent's third quarter was highlighted by the September introduction of Risk Manager—a major technology innovation in governance, risk and compliance (GRC).

    Convercent Unveils New Risk-Based Global Compliance Solution
    Sep 03, 2014
    Convercent today announced the launch of its Risk Management solution, a significant product enhancement that weaves risk throughout the Convercent platform to better prioritize compliance and risk management efforts. Convercent offers a single software solution for compliance tools and data to work together to address an organization's most pressing risks, enabling compliance professionals to design a risk-based program; implement initiatives; and measure and enhance the effectiveness of those efforts.

    Convercent Appoints Three Senior Executives, Strengthening Management Team of Fast-Growth GRC Leader
    Aug 27, 2014
    Convercent today announced three new key appointments to its executive team, with Joe LeBas joining as Chief Strategy Officer, Chris Nixon hired as the company’s Executive Vice President of Marketing and Rachel Gerace as Vice President of Professional Services. All of the newly placed executives will help steer the evolution of Convercent’s integrated global compliance solutions—modernizing the way companies bring their compliance risks and initiatives together, and measure success.

    Convercent Gains Momentum; Announces Record Quarter, New Customers and Analyst Recognition
    Aug 14, 2014
    Convercent Gains Momentum; Announces Record Quarter, New Customers and Analyst Recognition. GRC software provider reports 136% new bookings growth, citing new customers like CH2M Hill and Philip Morris International, and announces industry recognition

    Convercent Teams with Click 4 Compliance on Affordable and Powerful New GRC Solution Bundle
    Jan 21, 2014
    Convercent, creators of integrated ethics and compliance solutions, and Click 4 Compliance, providers of e-learning compliance training courses, today announced a software-content partnership that aims to empower the modern compliance officer with the ability to better manage people risk throughout their organization - from policy and training to incident and case resolution.

    Convercent Announces Investment by SAP Ventures to Bring Integration and Intelligence to Governance, Risk and Compliance
    Oct 24, 2013
    Convercent, creators of integrated culture and compliance solutions, today announced it has raised $10M in Series B funding led by SAP Ventures, the independent venture capital firm affiliated with SAP AG (NYSE: SAP) and backers of other innovative technology leaders such as Box, LinkedIn, and FitBit. SAP Ventures Managing Director Doug Higgins will join the Convercent board.

    Convercent and NYSE Governance Services Partner to Provide Customers with the Best Content on the Best Platform
    Sep 25, 2013
    Convercent and NYSE Governance Services, Corpedia, a provider of an integrated suite of resources today announced their partnership to jointly meet customer needs in governance, risk and compliance.

    Convercent CEO to Deliver Keynote on Big Data and Compliance at ECOA’s 21st Annual Ethics and Compliance Conference in Chicago
    Sep 18, 2013
    Convercent today announced that CEO Patrick Quinlan will deliver a keynote address on the opportunities and challenges of big data in the compliance industry at next week’s Ethics and Compliance Officer’s Association’s 21st Annual Ethics & Compliance Conference in Chicago.

    Convercent Hosts Today’s Rocky Mountain Tech Meetup to Grow and Inspire Denver’s Tech Hub
    Jul 23, 2013
    Convercent, providers of integrated culture and compliance solutions, today celebrates the Denver technology community by hosting the Rocky Mountain Tech Meetup, an event bringing together city and state technology leadership with the enterprising Denver technology community for an intimate conversation about the area’s future as a thriving hub of innovation.

    Convercent’s New Technology Gives Organizations Unprecedented Ability to Manage and Measure Compliance Health
    Jul 16, 2013
    Convercent, creators of integrated culture and compliance solutions, today announced the latest version of its cloud-based suite, including the industry’s first predictive analytics technology to easily understand risk and measure overall compliance health across an organization. The solution introduces breakthrough tools that allow compliance professionals to deploy targeted educational campaigns incorporating ongoing ethics and policy training to any segment of their organization at any time.

    Convercent Congratulates Chief Ethics Officer Eugene Ferraro on PPIAC Lifetime Achievement Award
    Apr 22, 2013
    Convercent, the first integrated, cloud-based culture and compliance software to help companies align values and ethics with employee behavior, today celebrates the Lifetime Achievement recognition awarded to its chief ethics officer Eugene "Gene" Ferraro by the Professional Private Investigators Association of Colorado.

    Convercent Launches First Solution to Bring Together Values, Governance and Compliance in One Cloud and Mobile Solution
    Jan 29, 2013
    Convercent, the first integrated, cloud-based culture and compliance software to help companies promote the good and manage the bad, launched today. The company also announced $10.2 million in funding, led by Azure Capital Partners and Mantucket Capital. City National Bank also participated.


Coverage

The Importance of Information Flow in a Compliance Risk Crisis
Corporate Compliance Insights | October 27, 2014
Featured guest post by Convercent CEO, Patrick Quinlan, on the critical steps to take during a compliance risk crisis.

Convercent Reports 45 percent Q3 Growth after Release of Risk Manager Compliance Tool
Innovation News | October 6, 2014
Convercent announced that momentum from the company’s record Q2 growth continued in Q3, achieving 45 percent quarter-over-quarter growth during the quarter that ended Sept. 30.

Convercent Unveils New Risk-Based Global Compliance Solution
Compliance Week | September 15, 2014
Convercent recently announced the launch of its risk management solution that weaves risk throughout the Convercent platform to better prioritize compliance and risk management efforts. Convercent offers a single software solution for compliance tools and data to work together to address an organization’s most pressing risks, enabling compliance professionals to design a risk-based program; implement initiatives; and measure and enhance the effectiveness of those efforts.

Convercent intros risk-centric global compliance solution
Inside Counsel | September 9, 2014
Convercent launches the industry’s first integrated, risk-based compliance management software provides better visibility, control and more measurable results.

Convercent Appoints Three Senior Executives, Strengthening Management Team of Fast Growth GRC Leader
GRC-Daily | September 4, 2014
Industry’s first integrated, risk-based compliance management software provides better visibility, control and more measurable results.

Convercent Appoints Three Senior Executives, Strengthening Management Team of Fast-Growth GRC Leader
Corporate Compliance Insights | September 2, 2014
Convercent today announced three new key appointments to its executive team, with Joe LeBas joining as Chief Strategy Officer, Chris Nixon hired as the company’s Executive Vice President of Marketing and Rachel Gerace as Vice President of Professional Services. All of the newly placed executives will help steer the evolution of Convercent’s integrated global compliance solutions — modernizing the way companies bring their compliance risks and initiatives together and measure success.

Convercent Announces Customer Wins
Compliance Week | August 14, 2014
Convercent, a SaaS-based enterprise governance, risk and compliance (GRC) solution provider, has continued to expand its global footprint with several new enterprise customers. New customers in the second quarter include Philip Morris International, CH2M Hill, Under Armour, Einstein Noah Restaurant Group, Juniper Networks and Dolby Laboratories.

Convercent Featured in Top Workplaces 2014
Denver Post | April 13, 2014
The Denver Post has released the annual list of Top 100 Workplaces in Denver. This years award includes Convercent in the recipients.


2014 GRC Technology Innovation Award: Convercent Delivers Agile Compliance Reporting
GRC 20/20 | March 6, 2014
The 2014 GRC Technology Innovation Awards recognize companies demonstrating innovation in taking GRC in new directions. Convercent has been selected as a recipient of a 2014 GRC Technology Innovation Award for its ability to deliver agile compliance reporting while also allowing companies to increase efficiency by aggregating information, automating reporting and eliminating manual processes.


More on the cover story: Startups like Convercent are catching the business-to-business wave
Denver Business Journal | December 9, 2013
The Denver Business Journal reflects on why Denver is more likely to produce the next Salesforce.com than the next Facebook or Google, based on the Mile High City's startup scene's strength in business-to-business technology. Companies highlighted: Convercent, Rally Software (Boulder), Ping Identity, FullContact, SendGrid, Recondo Technology and Nusura.


Behind the cover story: Convercent CEO Patrick Quinlan talks about his successes and failures
Denver Business Journal | December 6, 2013
Patrick Quinlan, serial entrepreneur, talks about his successes and failures, the importance of not pivoting in the business world and of having no regrets.


Convercent, Compliance Software in the Cloud, Lands $10 Million From SAP Ventures
AllThingsD | October 24, 2013
Convercent’s approach is to carefully track employees at every level of training, and that they have seen the latest documents and other content used in that training process. When there’s trouble, the software also tracks the investigation process from beginning to end. The old way was via spreadsheets and other piecemeal products. No wonder companies shell out billions in fines every year.


SAP Ventures makes first investment: Cloud compliance firm Convercent
ZDNet | October 24, 2013
SAP Ventures, the independent venture capital arm of the German software giant, has made its first investment.


SAP Ventures invests in Denver’s Convercent
Denver Business Journal | October 24, 2013
"All money is not the same," Quinlan said. "Having a key partnership is often the key ingredient. That's where the real benefit will come in Colorado in terms of jobs and economic impact."


Compliance is all that: Convercent gets another $10M to make an unsexy industry cool
PandoDaily | October 24, 2013
Governance, risk, and compliance (GRC) is a category so unsexy that it’s been largely been ignored by the last two decades of software revolution. Fortunately, sex appeal is in no way a prerequisite for a massive market opportunity. In fact, it can often be the inverse, as the glamour of an industry attracts competition.


Denver’s Convercent Closes $10M Series B Round Led by SAP Ventures
Xconomy | October 24, 2013
The deal puts Convercent in good company and is a testament to its early momentum.


Guest Post: Denver vs. Silicon Valley: Where we’re better and where we need to grow
VentureBeat | October 15, 2013
Patrick Quinlan, CEO of Convercent, talks about when he was preparing to launch Convercent into the governance, risk, and compliance market, there was never any doubt where to set up shop: Denver. With a high quality of life, estimable entrepreneurs and a supportive environment, Denver is poised to make waves in the high tech world.


Interview: Patrick Quinlan, CEO of compliance and ethics firm Convercent
HRZone | September 25, 2013
Patrick Quinlan sits down with HRZone to discuss how the role of compliance is shifting, ways that compliance professionals can lead the ethical charge and the metrics to use to report on compliance and ethics initiatives.


City honors high-growth firms in celebration of 2013 Denver Startup Week
Denver Office of Economic Development | September 18, 2013
As the second annual Denver Startup Week continues, the Denver Office of Economic Development (OED) today continued its tradition begun last year and recognized a new group of five high-growth companies as “Denver Gazelles.” Each firm has been named for its success and growth potential. The companies, which have collectively raised more than $57 million in capital over the past 18 months, are Convercent, FullContact, Placeable, Sympoz and WellTok, Inc.


Patrick Quinlan: Denver Has the Right Culture
Wall Street Journal | September 10, 2013
Denver — it’s not only the town that made quick work of last year’s Super Bowl winners, it’s a town that investors and entrepreneurs have taken notice of. In 2012, Colorado launched a startup once every three days, and brought in more than half a billion dollars in venture financing.


Convercent just moved into one of the coolest new startup offices in Denver
VentureBeat | August 12, 2013
Denver might not get the notice San Francisco and New York get when it comes to startups, but it has one of the fastest emerging communities in the U.S. And like some of the biggest startup hubs, Denver’s startups are investing in some killer real estate. Case in point: Convercent, a startup quickly disrupting the stodgy area of compliance, has just moved into an incredible new space in Denver’s Golden Triangle neighborhood.


Convercent Releases New Tool to Manage and Measure Compliance Health
Compliance Week | August 9, 2013
Convercent, creators of integrated culture and compliance solutions, recently released the latest version of its cloud-based suite, including the industry's first predictive analytics technology to easily understand risk and measure overall compliance health across an organization. The solution introduces breakthrough tools that allow compliance professionals to deploy targeted educational campaigns incorporating ongoing ethics and policy training to any segment of their organization at any time. Convercent is built for the modern compliance professional enabling the management and monitoring of corporate integrity through company policies, employee education and case management while aligning employees' behavior to company values.


Mile High Roundup: Winners Needed, TechStars, and $50K for Failures
Xconomy | July 26, 2013
Welcome to the Mile High Roundup, a look at some of the interesting things that have happened over the past two weeks in the tech scene in Boulder, Denver, and around Colorado. In this edition, Convercent’s CEO reminds Denver of a truth, TechStars’ Class of 2013 starts taking the stage, and the state finds four “glorious failures.”


Tech meetup: Denver and Region Poised to be One of Nation’s Hotbeds for Innovative Entrepreneurs
InnovatioNews | July 24, 2013
Denver has most of the right ingredients to make it one of the hottest locations for tech entrepreneurs in the nation – almost on par with California’s celebrated Silicon Valley. The metro area and surrounding region has the talent, drive, entrepreneurial passion, educational facilities and government support that underpin a thriving hub of innovation, attendees of the Rocky Mountain Tech Meetup were told Tuesday during a panel discussion at the new downtown headquarters of Convercent.


Convercent is Changing the GRC and Compliance Game with Cloud, Analytics
SiliconANGLE | July 16, 2013
Convercent hasn’t been on the scene long but that hasn’t stopped them from a path of innovating and disrupting the GRC software market. The Denver-based software startup shot out the gates early this year with 10 million dollars in venture capital and over 300 customers in hand on a torrid mission of growth and change. Today the company announced the latest version of its core product just six months after the launching that has turned the compliance industry on its head. Convercent has added predictive analytics to the mix, designed to help compliance officers see risk issues before they become a problem.


Q&A: Patrick Quinlan, Convercent
Wall Street Journal | June 13, 2013
Patrick Quinlan, chief executive at compliance software solutions company Convercent, talks to Risk & Compliance Journal about the issues and trends related to compliance and mobile technology.


Convercent CEO Breaks The Rules To Grow His Company
Forbes | June 7, 2013
Know the rules and when to break them. Those are the first words one sees on the home page of GRC (Governance, Risk and Compliance) company Convercent, which may appear unconventional for a firm that helps companies deal with the challenges of aligning employee behavior with corporate culture, mitigating risk and maintaining regulatory compliance. And it is. Yet breaking convention has been the very definition of the co-founder and CEO Patrick Quinlan who sits at the helm of this innovative software-as-a-service organization.


Startup Offers to Lay Off Entire Staff In Name Of Software Revolution
WIRED | May 3, 2013
RJ Owen had a bad feeling about this meeting. It was a Monday afternoon, a couple weeks ago, and Owen — a product manager and design lead with Denver-based software company Convercent — had been called into a company-wide meeting with co-founder and CEO Patrick Quinlan. Quinlan began by saying that by the end of the meeting, every employee was going to have to make a choice. Owen rolled his eyes. He figured they’d all be asked to step forward and affirm their allegiance to the company mission — maybe even write their names on the wall as way of professing their love for the job at hand. He hated that sort of thing.


Risk Chat: How Can Culture Strengthen Compliance?
Business Finance Magazine | March 25, 2013
He had me at, "We believe risk needs to be redefined – it needs to be more aligned with employee behavior." That's one of several points Convercent CEO Patrick Quinlan makes in the following Risk Chat. Our discussion began when I heard Quinlan mention "CGC" (culture, governance and compliance). By treating culture as an integral – even foundational – element of GRC, Quinlan explains, companies are better positioned to "get in front of the bad stuff" before it occurs as opposed to reacting to the bad stuff after the fact.


New Software Firm Convercent Launches With Innovative Cloud Compliance Solution
Compliance Week | January 31, 2013
Companies now have a new and innovative way to systematically align their corporate values with individual behavior to create thriving, productive, and compliant cultures of engaged, high-performing employees with the launch this week of software firm Convercent.


Venture capital deals
IDG Publications | January 29, 2013
Startup Convercent officially debuted today with a software-as-a-service (SaaS) offering that lets employers make available to employees in electronic form, via computer or mobile device, the workplace ethics and compliance terms the business supports.


The Daily Startup: DataGravity Feels Pull of Intelligent Data Storage
WSJ.com Venture Capital Dispatch | January 29, 2013
Convercent emerged from stealth Tuesday with $10.2 million in funding led by Azure Capital Partners and Mantucket Capital. With its new funding, Convercent acquired the assets of compliance-software maker Business Controls–including its 300 customers–and is launching with new cloud-based software that enables employees to track corporate ethics policies and training from their mobile devices. Employers can track their compliance.


Compliance Tool Convercent Adds $10.2M to Help Companies Track Issues in the Cloud
Technocular | January 29, 2013
Today Denver-based startup Convercent is jumping into the enterprise compliance and regulatory space, launching out of public beta and announcing it has raised $10.2 million in funding from Azure Capital Partners, City National Bank, and existing investor Mantucket Partners. Rather than focusing on employee progress reports like 15Five and other enterprise reporting tools, Convercent is focusing more on compliance and governance, letting employees report issues like financial and auditing concerns, harassment, theft, and other issues, either anonymously or with their name attached.


Convercent’s cloud app aims to help employees implement, measure, and rate corporate values and culture
ZDNet | January 29, 2013
Convercent, a new company that launched today, aims to fill a void in the governance, risk, and compliance (GRC) market with approachable tools that help employees implement corporate values while offering ways to measure and rate such contributions.


Convercent launches with $10.2M in backing to disrupt compliance software
PandoDaily | January 29, 2013
One has to start with legacy GRC systems by well known brands like SAP, IBM, SoftwareAG, MetricStream, and others. These current offerings focus on managing the negative – think claims of sexual harassment and fraud – via glorified spreadsheets and a fear-based rhetoric. Like dozens of other enterprise software verticals, the GRC solutions of yesterday fall short in today’s social, mobile, data-driven, and cloud-hosted environment.

Convercent, on the other hand, links a company’s values, ethics, and compliance activities within a single SaaS software platform. The product does so by incorporating business intelligence, social collaboration, and by incorporating internal policies, federal regulations, and employee education.


Convercent Raises $10.2M To Help Companies Promote The Good And Manage The Bad
TechCrunch | January 29, 2013
Convercent has raised $10.2 million for its compliance software that helps companies promote the good and manage the bad. The round was led by Azure Capital Partners with Mantucket Capita participating in the round.

Convercent uses social, mobile and the tenets of the consumer user interface and mobile apps to the often antiquated world of compliance and corporate ethics.

The software replaces what is often just a .pdf file that people have to read when they get hired.

Convercent uses semantic web technologies to link disparate data sets that help anticipate issues and be proactive instead of reactionary to bad things that do happen inside companies. The technology aggregates unstructured data and build analysis around it.




“The opportunity for Convercent to breathe new life into a somewhat broken and traditional software category is tremendous.”

Cameron Lester
Founding General Partner, Azure Capital Partners

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