Tech Company Financing Transactions

Vroozi Funding Round

Vroozi secured a $4 million venture capital round on 8/30/2016. Investors included Ally Bridge Group and private investors.

Transaction Overview

Company Name
Announced On
8/30/2016
Transaction Type
Venture Equity
Amount
$4,000,000
Round
Undisclosed
Investors

Ally Bridge Group (Lead Investor)

Proceeds Purpose
The funds will be used to grow the sales organization in the United States and Europe and expand innovation and development of the Vroozi platform around new areas including Analytics, Artificial Intelligence, and Payables Management.

Company Information

Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
15000 Ventura Blvd. 201
Sherman Oaks, CA 91403
USA
Email Address
Overview
Vroozi is a cloud-based enterprise procurement software vendor based out of Southern California with customers globally in their localized languages.
Profile
Vroozi LinkedIn Company Profile
Social Media
Vroozi Company Twitter Account
Company News
Vroozi News
Facebook
Vroozi on Facebook
YouTube
Vroozi on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Steve Olds
  Steve Olds LinkedIn Profile  Steve Olds Twitter Account  Steve Olds News  Steve Olds on Facebook
Chief Operating Officer
Eric Lee
  Eric Lee LinkedIn Profile  Eric Lee Twitter Account  Eric Lee News  Eric Lee on Facebook
Co-Founder
Shaz Khan
  Shaz Khan LinkedIn Profile  Shaz Khan Twitter Account  Shaz Khan News  Shaz Khan on Facebook
VP - Product Management
Richard Chala
  Richard Chala LinkedIn Profile  Richard Chala Twitter Account  Richard Chala News  Richard Chala on Facebook


 

 

Browse more venture capital transactions:

Prev: 8/30/2016: Velocity venture capital transaction
Next: 8/30/2016: Plowz and Mowz venture capital transaction

 

Share this article

 


Where The Data Comes From

We do our best to report on all VC transactions involving tech companies. All VC database entries reported here are derived from company press releases and news coverage. 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