Tech Company Financing Transactions
Groopit Funding Round
Groopit closed a $3.5 million Seed funding round on 5/19/2023. Investors included WestRiver Group, Cascade Seed Fund and Cercano Management.
Transaction Overview
Company Name
Announced On
5/19/2023
Transaction Type
Venture Equity
Amount
$3,500,000
Round
Seed
Investors
Proceeds Purpose
The company intends to use the funds to expand operations and its business reach.
Company Information
Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
701 Fifth Avenue 5100
Seattle, WA 98104-7036
USA
Seattle, WA 98104-7036
USA
Phone
Undisclosed
Website
Email Address
Overview
Groopit was founded on the idea that our most complex problems can be solved with strong leadership and an extended team. But, progress often feels harder and slower than it needs to be. We became obsessed with understanding why. Leaders drive progress in complex work environments. Facts are often unclear. Perspectives vary dramatically. People proceed as independent decision-makers, taking unpredictable actions at unpredictable times. Accountability spans departments, disciplines, locations, hierarchies, organizations, industries, and expertise areas. Driving progress is not linear work -- it is complex, fluid, and often slow.
Management Team
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