Grotech Ventures

Grotech Ventures, established in 1984, is a Virginia-based private equity firm specializing in early-stage investments in technology companies across the United States. The firm invests between $0.5 million and $5 million in high-growth technology startups, focusing on sectors such as software, cybersecurity, fintech, and vertical applications. Grotech Ventures is known for its collaborative, long-term approach, aligning its success with that of its partners and providing meaningful contributions beyond capital. The firm seeks innovative entrepreneurs with fresh ideas and breakthrough innovations, supporting them through their early and growth stages.

Chuck Cullen

General Partner and CFO

Sharon Gogol

Vice President of Controller

Meghan Pfeifer

Vice President, Finance

Don Rainey

Venture Partner

Past deals in Virginia

Tellius

Series B in 2022
Tellius, Inc. is an AI-powered business analytics platform established in 2015 and headquartered in Reston, Virginia. The platform is designed to help enterprises accelerate data-driven insights and decision-making by integrating artificial intelligence with a search-enabled interface for ad hoc exploration. Unlike traditional business intelligence tools, Tellius employs a distributed architecture that leverages Apache Spark, enabling it to handle big data efficiently. The platform automates the interpretation and analysis of data through machine learning, identifying hidden correlations, trends, and anomalies. Users can pose questions about their business data and receive immediate insights, which are presented as suggested visualizations and predictive models, facilitating a more comprehensive understanding of their operations.

Tellius

Series A in 2021
Tellius, Inc. is an AI-powered business analytics platform established in 2015 and headquartered in Reston, Virginia. The platform is designed to help enterprises accelerate data-driven insights and decision-making by integrating artificial intelligence with a search-enabled interface for ad hoc exploration. Unlike traditional business intelligence tools, Tellius employs a distributed architecture that leverages Apache Spark, enabling it to handle big data efficiently. The platform automates the interpretation and analysis of data through machine learning, identifying hidden correlations, trends, and anomalies. Users can pose questions about their business data and receive immediate insights, which are presented as suggested visualizations and predictive models, facilitating a more comprehensive understanding of their operations.

ChurnZero

Series B in 2021
ChurnZero, Inc. is a software company that specializes in providing a SaaS platform tailored for subscription businesses, focusing on customer retention and reducing churn. Established in 2015 and based in Arlington, Virginia, ChurnZero's platform offers real-time insights into customer engagement through a dashboard that alerts businesses to significant activities. It enables companies to analyze how customers interact with their products, assess customer health, and predict renewal likelihood. Additionally, the platform facilitates personalized customer experiences by automating communications and tasks based on engagement metrics. Through features such as health scores, segmentation, and reporting tools, ChurnZero empowers businesses to create relevant touchpoints that enhance customer satisfaction and loyalty.

WireWheel

Series B in 2021
WireWheel, Inc. is a software company that offers a data privacy management platform designed to assist organizations in complying with data protection regulations such as the EU GDPR, Privacy Shield, PCI DSS, and HIPAA. Founded in 2016 and based in Arlington, Virginia, WireWheel provides cloud-based solutions that help global enterprises operationalize privacy and become GDPR-ready. The platform includes features for privacy program management and subject rights request management, leveraging machine learning and data science to enhance its effectiveness. Additionally, it facilitates the automatic mapping of public cloud assets and the management of third-party relationships, helping companies navigate compliance obligations while maximizing the potential of their data assets for competitive advantage.

Stardog

Series B in 2019
Stardog is a privately held company based in Arlington, VA, specializing in an Enterprise Knowledge Graph platform designed to unify data and enhance business decision-making. The platform combines graph databases with an artificial intelligence-driven toolkit to address complex data unification challenges at an infrastructure level. Industry leaders such as Bosch, Ericsson, BNY Mellon, NASA, and the NIH utilize Stardog to create a flexible data layer that supports various applications, facilitating more effective digital transformations. Recognized as one of Fast Company’s most Innovative Companies of 2020, Stardog aims to convert data into actionable knowledge for its clients.

ChurnZero

Series A in 2019
ChurnZero, Inc. is a software company that specializes in providing a SaaS platform tailored for subscription businesses, focusing on customer retention and reducing churn. Established in 2015 and based in Arlington, Virginia, ChurnZero's platform offers real-time insights into customer engagement through a dashboard that alerts businesses to significant activities. It enables companies to analyze how customers interact with their products, assess customer health, and predict renewal likelihood. Additionally, the platform facilitates personalized customer experiences by automating communications and tasks based on engagement metrics. Through features such as health scores, segmentation, and reporting tools, ChurnZero empowers businesses to create relevant touchpoints that enhance customer satisfaction and loyalty.

WireWheel

Series A in 2018
WireWheel, Inc. is a software company that offers a data privacy management platform designed to assist organizations in complying with data protection regulations such as the EU GDPR, Privacy Shield, PCI DSS, and HIPAA. Founded in 2016 and based in Arlington, Virginia, WireWheel provides cloud-based solutions that help global enterprises operationalize privacy and become GDPR-ready. The platform includes features for privacy program management and subject rights request management, leveraging machine learning and data science to enhance its effectiveness. Additionally, it facilitates the automatic mapping of public cloud assets and the management of third-party relationships, helping companies navigate compliance obligations while maximizing the potential of their data assets for competitive advantage.

Stardog

Series A in 2017
Stardog is a privately held company based in Arlington, VA, specializing in an Enterprise Knowledge Graph platform designed to unify data and enhance business decision-making. The platform combines graph databases with an artificial intelligence-driven toolkit to address complex data unification challenges at an infrastructure level. Industry leaders such as Bosch, Ericsson, BNY Mellon, NASA, and the NIH utilize Stardog to create a flexible data layer that supports various applications, facilitating more effective digital transformations. Recognized as one of Fast Company’s most Innovative Companies of 2020, Stardog aims to convert data into actionable knowledge for its clients.

ChurnZero

Seed Round in 2017
ChurnZero, Inc. is a software company that specializes in providing a SaaS platform tailored for subscription businesses, focusing on customer retention and reducing churn. Established in 2015 and based in Arlington, Virginia, ChurnZero's platform offers real-time insights into customer engagement through a dashboard that alerts businesses to significant activities. It enables companies to analyze how customers interact with their products, assess customer health, and predict renewal likelihood. Additionally, the platform facilitates personalized customer experiences by automating communications and tasks based on engagement metrics. Through features such as health scores, segmentation, and reporting tools, ChurnZero empowers businesses to create relevant touchpoints that enhance customer satisfaction and loyalty.

CircleBack

Series C in 2015
CircleBack, Inc. is a technology company based in Vienna, Virginia, focused on improving contact data accuracy for business consumers. Founded in 2008, the company develops mobile contact intelligence applications that streamline the management of address books across various devices. Its flagship product, CircleBack, uses a patented data engine to provide real-time updates on connections, such as job changes and new contact information, directly to users' mobile address books and customer relationship management systems. Additionally, CircleBack offers tools like ContactSaver, which converts email signatures into contacts for Gmail, and ScanBizCards, enabling users to digitize business cards. The Cleanup Suite helps refine contact lists by removing duplicates. CircleBack aims to enhance productivity by ensuring that professionals and businesses can maintain accurate and up-to-date connections.

Intellinote

Series A in 2014
Intellinote, Inc. offers a cloud-based workforce operations management solution designed to enhance productivity for individuals and teams. Founded in 2013 and based in Reston, Virginia, the company provides a multi-platform application that allows users to create virtual workspaces for capturing notes, emails, images, and documents. Its features include task assignment and tracking, project organization, and team performance management. Intellinote facilitates collaboration by enabling users to share information and integrate with other applications, streamlining workflows and improving overall efficiency. The platform is accessible on web, tablet, and smartphone, and is free for teams of up to five members. As of 2016, Intellinote operates as a subsidiary of BroadSoft, Inc.

Invincea

Series C in 2013
Invincea, Inc. is a cybersecurity company based in Fairfax, Virginia, specializing in advanced endpoint security software solutions. Founded in 2006 and originally known as Secure Command, LLC, Invincea rebranded in 2010 and has since positioned itself as a leader in endpoint threat protection, serving over 25,000 customers and 3 million active users across various sectors, including education, finance, healthcare, and utilities. The company's flagship product, X by Invincea, leverages machine learning and behavioral monitoring to detect and neutralize sophisticated cyber threats, such as spear phishing and drive-by downloads, without compromising user productivity. Invincea's innovative technology, which originated from DARPA-funded research, has garnered multiple awards for its effectiveness in countering advanced attacks that evade traditional security measures. Additionally, Invincea collaborates with Dell to provide a customized version of its endpoint security solution for commercial PCs and tablets, further extending its market presence and impact. As of 2017, Invincea operates as a subsidiary of Sophos Group plc.

TraffIQ

Venture Round in 2010
TRAFFIQ is a digital media planning and buying platform established in 2006, with offices located in New York, Virginia, and Columbia, Maryland. The platform serves both advertisers and publishers by offering a self-service management system that enhances efficiency and cost-effectiveness while providing complete control over budgets and campaign management. TRAFFIQ streamlines media planning and buying through a comprehensive suite of tools that facilitate negotiations, centralized ad operations, trafficking, tracking, optimization, reconciliation, and billing, all within its platform. The marketplace offers over 100 billion daily impressions from 2,200 publishers, catering to more than 400 agencies and advertisers. TRAFFIQ operates without upfront costs or hidden fees, charging sellers a fixed commission on ads sold and allowing advertisers to pay solely for media costs. The platform has gained recognition for its innovative approach and was recently ranked #50 on the Inc. 500 list of America's Fastest Growing Companies.

TraffIQ

Series B in 2009
TRAFFIQ is a digital media planning and buying platform established in 2006, with offices located in New York, Virginia, and Columbia, Maryland. The platform serves both advertisers and publishers by offering a self-service management system that enhances efficiency and cost-effectiveness while providing complete control over budgets and campaign management. TRAFFIQ streamlines media planning and buying through a comprehensive suite of tools that facilitate negotiations, centralized ad operations, trafficking, tracking, optimization, reconciliation, and billing, all within its platform. The marketplace offers over 100 billion daily impressions from 2,200 publishers, catering to more than 400 agencies and advertisers. TRAFFIQ operates without upfront costs or hidden fees, charging sellers a fixed commission on ads sold and allowing advertisers to pay solely for media costs. The platform has gained recognition for its innovative approach and was recently ranked #50 on the Inc. 500 list of America's Fastest Growing Companies.

Invincea

Series A in 2009
Invincea, Inc. is a cybersecurity company based in Fairfax, Virginia, specializing in advanced endpoint security software solutions. Founded in 2006 and originally known as Secure Command, LLC, Invincea rebranded in 2010 and has since positioned itself as a leader in endpoint threat protection, serving over 25,000 customers and 3 million active users across various sectors, including education, finance, healthcare, and utilities. The company's flagship product, X by Invincea, leverages machine learning and behavioral monitoring to detect and neutralize sophisticated cyber threats, such as spear phishing and drive-by downloads, without compromising user productivity. Invincea's innovative technology, which originated from DARPA-funded research, has garnered multiple awards for its effectiveness in countering advanced attacks that evade traditional security measures. Additionally, Invincea collaborates with Dell to provide a customized version of its endpoint security solution for commercial PCs and tablets, further extending its market presence and impact. As of 2017, Invincea operates as a subsidiary of Sophos Group plc.
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