SA’s Analytics SaaS Provider inQuba Accepted Into Endeavour Entrepreneurs

The Convergence Partners funding has been utilised to continuously enhance the inQuba product and further grow inQuba’s global distribution.

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SA's Analytics SaaS Provider inQuba Accepted Into Endeavour Entrepreneurs
SA's Analytics SaaS Provider inQuba Accepted Into Endeavour Entrepreneurs

South African Customer Experience and Journey Analytics SaaS provider, inQuba has been selected by Endeavour, the New York-based organisation supporting high-impact entrepreneurs around the globe.

inQuba is one of 18 organisations from 15 countries selected by Endeavour following an International Selection Panel (ISP) held in Stellenbosch, South Africa.

inQuba COO Trent Rossini and CEO Mike Renzon are two of 25 entrepreneurs selected at this, the 84th International Selection Panel.

Selection takes place following a rigorous, multi-step process where candidates businesses’ are evaluated on their potential for high impact growth.

Founded by serial entrepreneurs Michael Renzon and Trent Rossini, both with a successful history of creating, managing and exiting leading technology businesses, inQuba has established itself across four continents.

Its client base consists of multinational corporations from the financial services, insurance, retail, travel and telecommunications sectors, including Nedbank, Standard Bank, Coronation Fund Managers, Stanlib, Momentum, Multichoice, Gautrain, Virgin Mobile, Suncorp, Telkom South Africa, and Vitality Life, among others.

“Our selection is in recognition of the fact that we are a high growth organisation with a highly differentiated value proposition and will give us access to capital, access to highly successful, international business people and the resources Endeavour holds,” says inQuba COO Trent Rossini.

“We have made significant progress in the South African market where we are the market leader and being part of Endeavour will enable us to expand our focus on the US and Australian markets, where we are growing.”

Endeavour Entrepreneurs get access to a number of services from Endeavour including introductions to local and global business mentors, access to growth funding and volunteers from Fortune 500 consulting firms.

With the support of an unrivalled network of seasoned business leaders, Endeavor works to catalyze long-term economic growth by selecting, mentoring, and accelerating the best high-impact entrepreneurs worldwide.

Endeavor supports high-impact entrepreneurs so that they can build thriving companies that employ thousands of people, generate billions in wages, and inspire countless others as role models.

Together, these entrepreneurs hold the key to sustained economic growth in every part of the world.

Andile Ngcaba, Chairman Convergence Partners
Andile Ngcaba, Chairman Convergence Partners

In December 2015, inQuba raised capital through an investment by Convergence Partners, the investment management firm established in 2006 by businessman Andile Ngcaba, to accelerate the company’s global expansion plan.

The inQuba investment is housed in Convergence Partners Fund I (CPI), with CPI holding a significant minority interest in inQuba.

inQuba has subsequently grown to incorporate operations across four continents, with operating subsidiaries in the USA, UK, South Africa, and Australia.

The Convergence Partners funding has been utilised to continuously enhance the inQuba product and further grow inQuba’s global distribution.

inQuba benefits from strong Convergence Partners’ strategic expertise, as well as continual input and guidance through active board participation.

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