Tech Company Financing Transactions
Groundspeed Analytics Funding Round
Oak HC/FT and private investors invested in a $30 million Series B funding round for Groundspeed Analytics. The round was announced on 7/27/2018.
Transaction Overview
Company Name
Announced On
7/27/2018
Transaction Type
Venture Equity
Amount
$30,000,000
Round
Series B
Investors
Oak HC/FT (Lead Investor) (Andrew Robinson)
Proceeds Purpose
The investment will be used to continue to expand products and reach as well as grow the 40-person data science and engineering team.
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
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