Tech Company Financing Transactions
Groundspeed Analytics Funding Round
Groundspeed Analytics closed a $2 million Series A funding round on 4/5/2017. Investors included ManchesterStory Group, Michigan Angel Fund and Tappan Hill Ventures.
Transaction Overview
Company Name
Announced On
4/5/2017
Transaction Type
Venture Equity
Amount
$2,000,000
Round
Series A
Investors
Proceeds Purpose
The Series A financing builds on an exceptional year for Groundspeed which saw a rapidly growing roster of clients, key executive appointments, and growing market momentum around usage of machine learning, artificial intelligence (AI), and natural language processing in commercial insurance.
Company Information
Company Status
Private & Independent
Industry
InsureTech
Mailing Address
2373 Oak Valley Dr. 150
Ann Arbor, MI 48103
USA
Ann Arbor, MI 48103
USA
Phone
Website
Email Address
Overview
Our automation and analytics platform eliminates 90% of broker claim administration expenses and 75% of carrier submission processing costs. We deliver 10-times the data with 97% accuracy.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Jeffrey Mason
Chief Operating Officer
Eric Kobe
Chief Technical Officer
Naim Falandino
VP - Client Services
Sally Williams
VP - Engineering
Jeremy Walker
VP - Human Resources
Thressa Nichols
VP - Operations
Katie Cartwright
VP - Product Management
Michael Sundquist
VP - Sales
Jeffrey Heine
Browse more venture capital transactions:
Prev: 4/5/2017: Amino venture capital transaction
Next: 4/5/2017: Anomera venture capital transaction
Share this article
News on VC Transactions
We do our best to document every notable VC transaction. VC investment data records reported here are sourced from publicly available VC deal announcements. The data is sourced from VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs