Tech Company Financing Transactions

Groove Funding Round

Viking Global Investors, Capital One Growth Ventures and Level Equity participated in a $45 million Series B funding round for Groove. The round was announced on 10/18/2021.

Transaction Overview

Company Name
Announced On
10/18/2021
Transaction Type
Venture Equity
Amount
$45,000,000
Round
Series B
Proceeds Purpose
Groove plans to use the funding to expand its international operations and accelerate its momentum in the enterprise segment of the market, having grown enterprise ARR 114% in the past twelve months with new customers.

Company Information

Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
333 Bryant St. 230
San Francisco, CA 94107
USA
Email Address
Overview
Groove's rise to being the #1 sales engagement platform on G2 was pretty fast, but it didn't happen overnight. It took a lot of hard work and determination from two Google sales pros who saw an incredible opportunity to improve enterprise sales.
Profile
Groove LinkedIn Company Profile
Social Media
Groove Company Twitter Account
Company News
Groove News
Facebook
Groove on Facebook
YouTube
Groove on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Chris Rothstein
  Chris Rothstein LinkedIn Profile  Chris Rothstein Twitter Account  Chris Rothstein News  Chris Rothstein on Facebook
Co-Founder
Austin Wang
  Austin Wang LinkedIn Profile  Austin Wang Twitter Account  Austin Wang News  Austin Wang on Facebook
VP - Finance
Tiffany Tran
  Tiffany Tran LinkedIn Profile  Tiffany Tran Twitter Account  Tiffany Tran News  Tiffany Tran on Facebook
VP - Marketing
Kristin Hersant
  Kristin Hersant LinkedIn Profile  Kristin Hersant Twitter Account  Kristin Hersant News  Kristin Hersant on Facebook
VP - Product Management
Sonia Sarao
  Sonia Sarao LinkedIn Profile  Sonia Sarao Twitter Account  Sonia Sarao News  Sonia Sarao on Facebook
VP - Sales
Benjamin Budde
  Benjamin Budde LinkedIn Profile  Benjamin Budde Twitter Account  Benjamin Budde News  Benjamin Budde on Facebook


 

 

Browse more venture capital transactions:

Prev: 10/18/2021: Universal Hydrogen venture capital transaction
Next: 10/18/2021: Karma venture capital transaction

 

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About Our Venture Capital Transactions Database

We do our best to document every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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