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Conga
Location: 440 N. Wolfe Rd., MS001, Sunnyvale, California, United States United States
Founded in: 2010
Stage: Closed
Number of employees: 6-15
Funding history:
- Date: 09/2011, Seed: undisclosed amount (post valuation: undisclosed amount).
Investors: Augusto Cavalcanti, Tom Shields, Deepak Kamlani, Todd Frank
Short URL: vator.co/conga
Followers (16)
Awards and mentions
12083_1108
Vator Splash Top 10
September 2012, Vator Splash Top 10 Winner
Testimonials

Crick is a successful serial entrepreneur who made my former fund money! He has a great product on his hands that is needed. I really like what Conga does.

I have worked with the Conga team in the past in other initiatives and have great respect for their accomplishments as well as work ethics. The concept of Conga and the science behind it are very appealing too. These are some of the reasons we are investing in Conga. Go Conga!

Conga has all the ingredients: smart, experienced team, deep technology, and a rocketship market to go after. I think they are executing on a huge opportunity to create tremendous value in social discovery.

Vatorx1

Conga

A World Without Strangers
Startup/business
Sunnyvale, California, United States United States
http://www.conga.com

Conga determines whom you should know, within a group, at an event, or wherever you are.

On web. On your mobile. Conga identifies the people most relevant to you.

Our science applies sophisticated machine learning algorithms to determine the underlying factors behind your relationships. Conga accurately predicts and recommends new relationships.

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Company description

Brief description:

Conga discovers the social relevance between people - whom you should know, within a group, at an event, or wherever you are.

Brief highlights:

Our science applies sophisticated machine learning algorithms to understand the underlying factors behind your professional relationships 

The problem or opportunity:

The value of social networks is stalling.  They have become saturated with "the people we may know." 

“New insight, experiences, and capabilities…come from “the edges of our social networks.” (John Hagel et al., For Ways to Use "Pull" to Increase Your Success, HBR 4/22/2009)

"People we should know," is a hard - yet important - problem.  Conga's science is able to accurately predict and recommend new relationships.

Conga does Social Discovery and People recommendation as a Service.  Companies from large to small are finding the need to make recommendations between people. From global technology forums to local social application services, the people matching/recommendation function has become a ubiquitous need. Conga is the platform that meets this need with science.

By focusing on the recommendation science and making the recommendation results available through our API, we give developers access to better technology more quickly and at lower cost than they can achieve on their own.

Competitive advantage

Social relevance is typically relegated to a "people you may know" algorithm in such social networking sites as LinkedIn and Facebook.  Other companies in the social discovery space rely on fact matching such as "you both like Lady Gaga and follow Barack Obama" as their basis for social recommendation.

Conga uses applied science by identifying a pool of ~100,000 factors that characterize the motivations behind your social connections and train the Conga social relevance engine. No input more than the linking social networking sites is required of the user. 

Conga is the first platform solution to the problem of predicting social relevance.

Our team includes serial entrepreneurs (founder, Ribbit), stellar CTO (chief architect for Platform as a Service at Sun Microsystems), and PhD entrepreneur neuroscientist as chief scientist.  


Team
  • Crick Waters
    Crick Waters | Founder
    Tall enough that most people get a Crick in the neck talking to me at a stand-up party. Starter, creator, builder. Competitive masters swimmer. Husband and father of two. Ribbit co-founder.
  • Ryan Kennedy
    Ryan Kennedy | Team member
Business model

Personal Discovery Service:  Three-tiered freemium model.

Platform as a Service:  SaaS pricing model

Competitive advantage

Social relevance is typically relegated to a "people you may know" algorithm in such social networking sites as LinkedIn and Facebook.  Other companies in the social discovery space rely on fact matching such as "you both like Lady Gaga and follow Barack Obama" as their basis for social recommendation.

Conga uses applied science by identifying a pool of ~100,000 factors that characterize the motivations behind your social connections and train the Conga social relevance engine. No input more than the linking social networking sites is required of the user. 

Conga is the first platform solution to the problem of predicting social relevance.

Our team includes serial entrepreneurs (founder, Ribbit), stellar CTO (chief architect for Platform as a Service at Sun Microsystems), and PhD entrepreneur neuroscientist as chief scientist.   

Investors
Augusto Cavalcanti
Augusto Cavalcanti is Founder and CEO of Daitan. Founded in 2004, Daitan is a highly reliable outsourcing partner for a wide range of industries including Telecom, Cloud, Web 2.0, Mobile and Games development. Our experience includes iOS, Andro...
Tom Shields
co-Founder NetGravity (NASDAQ: NETG) and Yieldex. Managing Director, Woodside Fund. Angel Investor, Eridani Ventures. Coder and family man.
Todd Frank
Todd Frank - Unconfirmed