Tech Company Financing Transactions

Claravine Funding Round

On 5/16/2022, Claravine secured $16 million in Series B funding from Five Elms Capital, Grayhawk Capital and Kickstart Seed Fund.

Transaction Overview

Company Name
Announced On
Transaction Type
Venture Equity
Series B
Proceeds Purpose
We will be used to double Claravine's headcount to 88 employees by the end of the year and support product R&D.

Company Information

Company Status
Private & Independent
Enterprise IT
Mailing Address
P.O. Box 521
Lehi, UT 84043
Email Address
Claravine helps connect your teams and technologies to accelerate business decisions. Thousands of brands globally use our software to enable effective campaign and content performance. Claravine allows organizations to centralize their data structure and governs the process to generate, validate, and connect data, ensuring consistent standards and optimal experience delivery across the enterprise.
Claravine LinkedIn Company Profile
Social Media
Claravine Company Twitter Account
Company News
Claravine News
Claravine on Facebook
Claravine on YouTube

Management Team

Email & Social
Chief Executive Officer
Verl Allen
  Verl Allen LinkedIn Profile  Verl Allen Twitter Account  Verl Allen News  Verl Allen on Facebook
Chief Technical Officer
Tyler Russell
  Tyler Russell LinkedIn Profile  Tyler Russell Twitter Account  Tyler Russell News  Tyler Russell on Facebook
Vice President
Mark Hayes
  Mark Hayes LinkedIn Profile  Mark Hayes Twitter Account  Mark Hayes News  Mark Hayes on Facebook
VP - Engineering
Jake Lingwall
  Jake Lingwall LinkedIn Profile  Jake Lingwall Twitter Account  Jake Lingwall News  Jake Lingwall on Facebook
VP - Marketing
Michael Shearer
  Michael Shearer LinkedIn Profile  Michael Shearer Twitter Account  Michael Shearer News  Michael Shearer on Facebook
VP - Product Management
Chris Comstock
  Chris Comstock LinkedIn Profile  Chris Comstock Twitter Account  Chris Comstock News  Chris Comstock on Facebook
VP - Sales
Adam Christensen
  Adam Christensen LinkedIn Profile  Adam Christensen Twitter Account  Adam Christensen News  Adam Christensen on Facebook
VP - Sales
E.J. Freni
  E.J. Freni LinkedIn Profile  E.J. Freni Twitter Account  E.J. Freni News  E.J. Freni on Facebook
VP - Sales
Benjamin Treasure
  Benjamin Treasure LinkedIn Profile  Benjamin Treasure Twitter Account  Benjamin Treasure News  Benjamin Treasure on Facebook



Browse more venture capital transactions:

Prev: 5/16/2022: Keelvar venture capital transaction
Next: 5/16/2022: Sustain.Life venture capital transaction


Share this article


Where The Data Comes From

Our team works diligently to report on all VC transactions involving tech companies. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with, an affiliated venture.


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities


Business Glossary