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 and Controller

Meghan Pfeifer

Vice President, Finance

Past deals in Virginia

Tellius

Series B in 2022
Tellius, Inc., established in 2015 and headquartered in Reston, Virginia, specializes in providing an AI-powered business analytics platform designed for enterprises seeking accelerated data-driven insights and decision-making. The company's core offering is a search-enabled visualization tool coupled with a proprietary recommendation engine that automates basic data interpretation using machine learning algorithms. This enables Tellius to uncover hidden correlations, trends, and anomalies within large datasets, presenting them as suggested visualizations and predictive models. Unlike traditional BI tools, Tellius' platform is built on Apache Spark, ensuring scalability and performance in big data environments.

Tellius

Series A in 2021
Tellius, Inc., established in 2015 and headquartered in Reston, Virginia, specializes in providing an AI-powered business analytics platform designed for enterprises seeking accelerated data-driven insights and decision-making. The company's core offering is a search-enabled visualization tool coupled with a proprietary recommendation engine that automates basic data interpretation using machine learning algorithms. This enables Tellius to uncover hidden correlations, trends, and anomalies within large datasets, presenting them as suggested visualizations and predictive models. Unlike traditional BI tools, Tellius' platform is built on Apache Spark, ensuring scalability and performance in big data environments.

ChurnZero

Series B in 2021
ChurnZero, Inc. is a software company that specializes in providing a SaaS platform designed for subscription-based businesses. Founded in 2015 and based in Arlington, Virginia, ChurnZero's platform helps companies enhance customer retention and reduce churn by delivering real-time insights into customer engagement and product usage. The software enables businesses to monitor customer health, automate communications, and create personalized experiences through targeted touchpoints. Key features of the platform include customer journeys, health scoring, survey tools, segmentation, and reporting capabilities. By leveraging these tools, businesses can better understand customer behavior, identify potential risks, and take proactive measures to improve satisfaction and loyalty.

WireWheel

Series B in 2021
WireWheel, Inc. is a software company specializing in data privacy management solutions, designed to assist organizations in complying with various data protection regulations such as the EU GDPR and HIPAA. Established in 2016 and headquartered in Arlington, Virginia, WireWheel offers a cloud-based platform that integrates machine learning and data science to streamline privacy program management and subject rights request handling. The platform facilitates the automatic mapping of public cloud assets and aids in managing third-party relationships, enabling organizations to effectively navigate compliance obligations while maximizing the value of their data assets. WireWheel's innovative approach positions its clients to operationalize privacy effectively within their enterprises.

Stardog

Series B in 2019
Stardog is a privately held company based in Arlington, Virginia, specializing in an Enterprise Knowledge Graph platform that enables organizations to unify their data for improved decision-making. The platform integrates graph databases with an artificial intelligence-based knowledge toolkit to tackle complex data unification challenges at an infrastructure level. This allows clients, including industry leaders such as Bosch, Ericsson, BNY Mellon, NASA, and the NIH, to create a flexible data layer that supports various applications. Recognized as one of Fast Company’s Most Innovative Companies of 2020, Stardog is committed to transforming data into actionable knowledge that drives effective digital transformations.

ChurnZero

Series A in 2019
ChurnZero, Inc. is a software company that specializes in providing a SaaS platform designed for subscription-based businesses. Founded in 2015 and based in Arlington, Virginia, ChurnZero's platform helps companies enhance customer retention and reduce churn by delivering real-time insights into customer engagement and product usage. The software enables businesses to monitor customer health, automate communications, and create personalized experiences through targeted touchpoints. Key features of the platform include customer journeys, health scoring, survey tools, segmentation, and reporting capabilities. By leveraging these tools, businesses can better understand customer behavior, identify potential risks, and take proactive measures to improve satisfaction and loyalty.

WireWheel

Series A in 2018
WireWheel, Inc. is a software company specializing in data privacy management solutions, designed to assist organizations in complying with various data protection regulations such as the EU GDPR and HIPAA. Established in 2016 and headquartered in Arlington, Virginia, WireWheel offers a cloud-based platform that integrates machine learning and data science to streamline privacy program management and subject rights request handling. The platform facilitates the automatic mapping of public cloud assets and aids in managing third-party relationships, enabling organizations to effectively navigate compliance obligations while maximizing the value of their data assets. WireWheel's innovative approach positions its clients to operationalize privacy effectively within their enterprises.

Stardog

Series A in 2017
Stardog is a privately held company based in Arlington, Virginia, specializing in an Enterprise Knowledge Graph platform that enables organizations to unify their data for improved decision-making. The platform integrates graph databases with an artificial intelligence-based knowledge toolkit to tackle complex data unification challenges at an infrastructure level. This allows clients, including industry leaders such as Bosch, Ericsson, BNY Mellon, NASA, and the NIH, to create a flexible data layer that supports various applications. Recognized as one of Fast Company’s Most Innovative Companies of 2020, Stardog is committed to transforming data into actionable knowledge that drives effective digital transformations.

ChurnZero

Seed Round in 2017
ChurnZero, Inc. is a software company that specializes in providing a SaaS platform designed for subscription-based businesses. Founded in 2015 and based in Arlington, Virginia, ChurnZero's platform helps companies enhance customer retention and reduce churn by delivering real-time insights into customer engagement and product usage. The software enables businesses to monitor customer health, automate communications, and create personalized experiences through targeted touchpoints. Key features of the platform include customer journeys, health scoring, survey tools, segmentation, and reporting capabilities. By leveraging these tools, businesses can better understand customer behavior, identify potential risks, and take proactive measures to improve 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. is a cloud-based workforce operations management company based in Reston, Virginia, founded in 2013. It offers a productivity platform designed to enhance team collaboration and streamline workflows for individuals and organizations. The company’s multi-platform software application enables users to create virtual workspaces for capturing notes, emails, images, and documents, which can be organized into projects and notebooks. Intellinote facilitates task assignment and tracking, integrates with other applications, and allows for performance monitoring. Its features are tailored to various roles and industries, supporting tasks such as project management, team communication, and file sharing. As of May 31, 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 in New York, Virginia, and Columbia, Maryland. The company offers a self-service management platform designed to enhance the efficiency and control of advertisers and publishers over their media campaigns. TRAFFIQ provides a comprehensive suite of tools that streamline the media planning and buying process, facilitating negotiations and managing ad operations, including trafficking, tracking, optimization, reconciliation, and billing. The platform enables seamless communication and transactions between agencies, advertisers, and over 2,200 publishers globally, offering access to more than 100 billion daily impressions. TRAFFIQ operates on a commission-based model, where sellers pay a fixed percentage on ads sold, and advertisers only cover the cost of media. The company has experienced significant growth, doubling its staff and marketplace presence over the years, and has been recognized as one 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 in New York, Virginia, and Columbia, Maryland. The company offers a self-service management platform designed to enhance the efficiency and control of advertisers and publishers over their media campaigns. TRAFFIQ provides a comprehensive suite of tools that streamline the media planning and buying process, facilitating negotiations and managing ad operations, including trafficking, tracking, optimization, reconciliation, and billing. The platform enables seamless communication and transactions between agencies, advertisers, and over 2,200 publishers globally, offering access to more than 100 billion daily impressions. TRAFFIQ operates on a commission-based model, where sellers pay a fixed percentage on ads sold, and advertisers only cover the cost of media. The company has experienced significant growth, doubling its staff and marketplace presence over the years, and has been recognized as one 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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