Tech Company Financing Transactions

Groundspeed Analytics Funding Round

Groundspeed Analytics closed a $2 million Series A funding round on 4/5/2017. Investors included ManchesterStory Group, Michigan Angel Fund and Tappan Hill Ventures.

Transaction Overview

Announced On
4/5/2017
Transaction Type
Venture Equity
Amount
$2,000,000
Round
Series A
Investors
Proceeds Purpose
The Series A financing builds on an exceptional year for Groundspeed which saw a rapidly growing roster of clients, key executive appointments, and growing market momentum around usage of machine learning, artificial intelligence (AI), and natural language processing in commercial insurance.

Company Information

Company Status
Private & Independent
Industry
InsureTech
Mailing Address
2373 Oak Valley Dr. 150
Ann Arbor, MI 48103
USA
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
Groundspeed Analytics LinkedIn Company Profile
Social Media
Groundspeed Analytics Company Twitter Account
Company News
Groundspeed Analytics News
Facebook
Groundspeed Analytics on Facebook
YouTube
Groundspeed Analytics on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Jeffrey Mason
  Jeffrey Mason LinkedIn Profile  Jeffrey Mason Twitter Account  Jeffrey Mason News  Jeffrey Mason on Facebook
Chief Operating Officer
Eric Kobe
  Eric Kobe LinkedIn Profile  Eric Kobe Twitter Account  Eric Kobe News  Eric Kobe on Facebook
Chief Technical Officer
Naim Falandino
  Naim Falandino LinkedIn Profile  Naim Falandino Twitter Account  Naim Falandino News  Naim Falandino on Facebook
VP - Client Services
Sally Williams
  Sally Williams LinkedIn Profile  Sally Williams Twitter Account  Sally Williams News  Sally Williams on Facebook
VP - Engineering
Jeremy Walker
  Jeremy Walker LinkedIn Profile  Jeremy Walker Twitter Account  Jeremy Walker News  Jeremy Walker on Facebook
VP - Human Resources
Thressa Nichols
  Thressa Nichols LinkedIn Profile  Thressa Nichols Twitter Account  Thressa Nichols News  Thressa Nichols on Facebook
VP - Operations
Katie Cartwright
  Katie Cartwright LinkedIn Profile  Katie Cartwright Twitter Account  Katie Cartwright News  Katie Cartwright on Facebook
VP - Product Management
Michael Sundquist
  Michael Sundquist LinkedIn Profile  Michael Sundquist Twitter Account  Michael Sundquist News  Michael Sundquist on Facebook
VP - Sales
Jeffrey Heine
  Jeffrey Heine LinkedIn Profile  Jeffrey Heine Twitter Account  Jeffrey Heine News  Jeffrey Heine on Facebook


 

 

Browse more venture capital transactions:

Prev: 4/5/2017: Amino venture capital transaction
Next: 4/5/2017: Anomera venture capital transaction

 

Share this article

 


News on VC Transactions

We do our best to document every notable VC transaction. VC investment data records reported here are sourced from publicly available VC deal announcements. The data is sourced from VentureDeal.com, an affiliated venture.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary