Grotech Ventures

Grotech Ventures

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Investment Firm

Overview

As one of the established firms in the venture industry, Grotech Ventures has built a reputation for being a collaborative, long-term partner for CEOs and entrepreneurs by aligning their definition of success with that of their partners.

They initially invest between $500,000 and $5 million in high-growth technology companies, reserving significant capital for subsequent investments to support companies through their early and growth stages.

They look to partner with entrepreneurs who have fresh ideas, breakthrough innovations, and unconventional approaches that will yield explosive growth. They believe that their ability to meaningfully contribute to a business’s development is just as important as the capital they invest. As such, they seek investment opportunities that offer them the chance to leverage the experience, insight, and network they have built since their inception in 1984. Their approach is personal and long-term, not institutional.

Highlights

Founded

1984

Industry

Financial Services

Employees

11-50

Investment

205

Lead Investment

85

Exits

51

Stages

Early Stage Venture, Late Stage Venture, Private Equity, Seed

Investor Type

Venture Capital

Location

United States, North America

Contact Information

Social

Profile Resume

Grotech Ventures, established in 1984 and headquartered in United States, North America., specializes in Early Stage Venture, Late Stage Venture, Private Equity, Seed investments across Enterprise Software, Software, Analytics, Business Intelligence, Financial Services, Venture Capital, E-Commerce, Advertising, Marketplace, Marketing. The organization boasts a portfolio of 205 investments, with an average round size of $15.6M and 51 successful exits. Their recent investments include Collective Intellect, Appian Ventures, LivingSocial, Revolution, Zenoss. The highest investment round they participated in was $203.9B. Among their most notable exits are Collective Intellect and Appian Ventures. Explore their portfolio in detail, see who is connected to them, and find their contact information on our platform.

Employees

imagePlace Don Rainey

Don Rainey

Venture Partner

imagePlace Frank Adams

Frank Adams

Managing General Partner, Executive Chairman, and Founder

imagePlace Meghan Pfeifer

Meghan Pfeifer

Director, Finance

imagePlace Lawson DeVries

Lawson DeVries

General Partner

imagePlace Chuck Cullen

Chuck Cullen

General Partner and CFO

imagePlace Sharon Gogol

Sharon Gogol

Vice President of Controller

Investment portfolio

Grotech Ventures has made 205 investments. Their most recent investment was on Jun 03, 2024, when Caju AI raised $3.0M.

Grotech Ventures has made 26 diversity investments. Their most recent diversity investment was on May 11, 2023, when Cloverly raised $19.0M.

investments

205

Diversity investments

26

Lead investments

85

Number of exits

51

Investments

205

Annouced DateOrganization NameIndustryMoney Raised
Sep 27, 2023
Cognota Cognota
Collaboration4.5M
Oct 17, 2023
Yardstik Yardstik
Software12.0M
Dec 21, 2023--9.1M
Jun 03, 2024
Caju AI Caju AI
Software3.0M

Exits

51

Funding Timeline

Funding rounds

205

Investors

0

Funds

3

Funding Rounds

205

Grotech Ventures has raised 205 rounds. Their latest funding was raised on Jun 03, 2024 from a Seed Round - Caju AI round.

Annouced DateTransaction NameNumber of InvestorsMoney RaisedLead Investor
Sep 27, 2023
Series A - Cognota Series A - Cognota
-4.5M-
Oct 17, 2023
Series A - Yardstik Series A - Yardstik
-12.0M-
Dec 21, 2023
Series A - Base Operations Series A - Base Operations
-9.1M-
Jun 03, 2024
Seed Round - Caju AI Seed Round - Caju AI
-3.0M-

Investors

0

There is no funding round available on this profile

Fund raised

2

Susa Ventures has raised a total of $590M across 6 funds, their latest being Susa Ventures Opportunities II. This fund was announced on Aug 30, 2021 and raised a total of $250M.

Annouced DateFund NameMoney Raised
May 10, 2013
fund image OTPPLESS
1.0M
May 11, 2013
fund image OTPPLESS
1.0M

Invest in industries

Recent Activity

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