Tech Company Financing Transactions

Packback Funding Round

ICG Ventures and University Ventures participated in a $1.5 million funding round for Packback. The financing was announced on 9/20/2017.

Transaction Overview

Company Name
Announced On
Transaction Type
Venture Equity
Proceeds Purpose
The investments from University Ventures, the premier investor in education technology focused on higher education, as well as ICG Ventures LLC, the corporate venture capital arm of Ingram Content Group, will help Packback continue to scale nationally not only through capital, but strategic expertise as well.

Company Information

Company Status
Private & Independent
Mailing Address
601 South LaSalle St. 650
Chicago, IL 60605
Email Address
Packback offers pay-per-use access to eTextbooks for $5 or less. To date, the market share of ebooks in the non-educational consumer book market has grown to a staggering 22.5%. eTextbooks as a percentage of the total higher education textbook market, however, has remained at a mere 8%.
Packback LinkedIn Company Profile
Social Media
Packback Company Twitter Account
Company News
Packback News
Packback on Facebook
Packback on YouTube

Management Team

Email & Social
Chief Executive Officer
Michael Shannon
  Michael Shannon LinkedIn Profile  Michael Shannon Twitter Account  Michael Shannon News  Michael Shannon on Facebook
Chief Financial Officer
Nick Currier
  Nick Currier LinkedIn Profile  Nick Currier Twitter Account  Nick Currier News  Nick Currier on Facebook
Chief Operating Officer
Kasey Gandham
  Kasey Gandham LinkedIn Profile  Kasey Gandham Twitter Account  Kasey Gandham News  Kasey Gandham on Facebook
VP - Engineering
Craig Booth
  Craig Booth LinkedIn Profile  Craig Booth Twitter Account  Craig Booth News  Craig Booth on Facebook
VP - Product Management
Jessica Tenuta
  Jessica Tenuta LinkedIn Profile  Jessica Tenuta Twitter Account  Jessica Tenuta News  Jessica Tenuta on Facebook
VP - Sales
Roberto Torreggiani
  Roberto Torreggiani LinkedIn Profile  Roberto Torreggiani Twitter Account  Roberto Torreggiani News  Roberto Torreggiani on Facebook



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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, an affiliated venture.


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