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    Grotech Ventures logo

    Grotech Ventures

    Owings Mills, Maryland, United StatesFounded 1984
    www.grotech.comLinkedIn
    FintechPropTechEnterprise SoftwareData & AnalyticsClimate & EnergyCybersecurityHR & Talent

    Grotech Ventures focuses on early-stage, high-potential technology companies, particularly B2B software firms located outside Silicon Valley. They invest between $500,000 and $5 million in Seed and Series A rounds, aiming to be collaborative, long-term partners who provide strategic guidance for sustainable growth.

    Their most common stage is series-a (50% of deals). Average disclosed round size is $17.6M (across 22 rounds with reported amounts).

    Find people at Grotech Ventures on Goldilocks AI

    Portfolio

    24

    Fund Size

    $225.3M

    Top Stage

    Series A

    Last 12 Mo

    0

    Team

    LD

    Lawson Devries

    Managing General Partner

    CC

    Chuck Cullen

    General Partner, Chief Operating Officer and Chief Financial Officer

    Portfolio Breakdown

    Stage Distribution

    Sector Distribution

    Investment Activity

    DealsAvg Round Size

    Portfolio

    24 investments
    CompanyRoundAmountDate
    Base Operations logoBase OperationsSeries A$9.1MDec 2023
    Datasembly logoDatasemblySeries B$16MMay 2023
    Incentivio logoIncentivioSeries A$10MMay 2023
    Cloverly logoCloverlySeries A$19MMay 2023
    FOUNT Global, Inc. logoFOUNT Global, Inc.Series A$8MMar 2023
    Apkudo logoApkudoSeries C$37.5MFeb 2023
    Sunstone Credit logoSunstone CreditSeries A$20MJan 2023
    CrowdStreet logoCrowdStreetGrowth$43MOct 2022
    TThreatXSeries B$30MAug 2022
    PetScreening logoPetScreeningSeries A$3MJun 2021
    Rent Ready logoRent ReadySeries A$10MMar 2021
    WireWheel logoWireWheelSeries B$20MFeb 2021
    The Mom Project logoThe Mom ProjectSeries B$25MJul 2020
    Passport logoPassportSeries D$65MDec 2019
    Ceros logoCerosSeries C$14MFeb 2019
    The Mom Project logoThe Mom ProjectSeries A$8MDec 2018
    BBackbone PLMSeries A$8MAug 2018
    CCloud ElementsSeries B$13MJan 2017
    Healthcare Interactive logoHealthcare InteractiveSeries A$8MJul 2014
    SocialRadar logoSocialRadarSeries A$12.8MJun 2013
    UUrjanetSeries B$4MSep 2012
    TTelliusUnknown——
    Fluid Market logoFluid MarketUnknown——
    HHelloWalletSeries A$3.6M—

    Top Co-Investors

    Harbert Growth Partners4 shared
    NEA (New Enterprise Associates)2 shared
    Sands Capital2 shared
    Lavrock Ventures2 shared
    Access Venture Partners2 shared
    Initialized Capital2 shared
    Silicon Valley Bank2 shared
    OCA Ventures2 shared
    Wintrust Financial2 shared
    Engage Ventures2 shared
    CreativeCo2 shared
    Revolution's Rise of the Rest Fund1 shared
    Rho Capital Partners1 shared
    H.I.G. Growth1 shared
    Bain Capital Ventures1 shared
    Ardent Venture Partners1 shared
    Correlation Ventures1 shared
    Citi Ventures1 shared
    Synchrony1 shared
    High Alpha1 shared

    Last updated: 15 April 2026