Tech Company Financing Transactions
SEMrush Funding Round
SEMrush, based in Trevose, received $40 million from e.ventures, Greycroft Partners and Siguler Guff & Company.
Transaction Overview
Company Name
Announced On
4/25/2018
Transaction Type
Venture Equity
Amount
$40,000,000
Round
Undisclosed
Investors
e.ventures (Lead Investor)
Greycroft Partners (Lead Investor)
Siguler Guff & Company (Lead Investor)
Proceeds Purpose
The company intends to use the funds to expand its Machine Learning powered market intelligence capabilities and proprietary database, drive strategic acquisitions, and to scale the executive team.
Company Information
Company Status
Private & Independent
Industry
Digital Media & VR & AR
Mailing Address
8 Neshaminy Interplex 207
Trevose, PA 19053
USA
Trevose, PA 19053
USA
Phone
Website
Email Address
Overview
SEMrush started out in 2008 as a small group of SEO and IT specialists united by one mission -- to make online competition fair and transparent, with equal opportunities for everyone.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Oleg Shchegolev
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