Grotech Ventures

Grotech Ventures is a venture capital firm established in 1984, headquartered in Hunt Valley, Maryland, with additional offices in Arlington, Virginia, and Denver, Colorado. The firm specializes in early-stage investments in high-growth technology companies, focusing on sectors such as social and digital media, e-commerce, mobile and cloud software, enterprise software, big data analytics, security technologies, and healthcare information technology. Grotech Ventures typically invests between $500,000 and $5 million initially, with a total target investment size of $5 million to $8 million, seeking to lead investments and acquire board seats in portfolio companies. The firm is committed to partnering with entrepreneurs who present innovative ideas and unconventional approaches, emphasizing collaboration and long-term support throughout the growth stages of their businesses. It specifically targets underserved venture markets across the United States, including regions like the Southeast and Rocky Mountain areas.

Charles P. Cullen

COO, CFO and General Partner

Chuck Cullen

General Partner, COO and CFO

Lawson DeVries

General Partner

Steve Fredrick

General Partner

Sharon Gogol

Vice President of Controller

Meghan Pfeifer

Director, Finance

Julia Taxin

General Partner

Past deals in Virginia

Tellius

Series A in 2021
Tellius, Inc., founded in 2015 and based in Reston, Virginia, offers a business analytics platform designed to enhance data-driven decision-making for enterprises. The platform employs artificial intelligence and machine learning to automate data analysis, allowing users to quickly uncover hidden correlations, trends, and anomalies. By utilizing a search-enabled interface, it supports ad hoc exploration, enabling users from various professional backgrounds to ask questions about their business data and receive immediate, insightful visualizations. Unlike traditional business intelligence tools, Tellius is built on a distributed architecture, ensuring the scale and performance needed for handling large datasets. This capability allows clients to analyze extensive records rapidly, facilitating a more efficient approach to reporting and execution.

ChurnZero

Series B in 2021
ChurnZero, Inc. is a company that provides a SaaS platform designed specifically for subscription businesses to enhance customer retention and reduce churn. Founded in 2015 and headquartered in Arlington, Virginia, ChurnZero's software enables organizations to monitor customer engagement through real-time dashboards, allowing them to receive alerts on significant customer activities. The platform facilitates the analysis of customer usage patterns, assesses customer health, and determines the likelihood of renewals. By automating communications and personalizing customer interactions based on engagement metrics, ChurnZero empowers businesses to connect with customers when they are most receptive, ultimately improving the overall customer experience.

WireWheel

Series B in 2021
WireWheel, Inc. is a software company that specializes in data privacy management, offering a cloud-based platform designed to assist organizations in complying with various data protection regulations, such as the EU GDPR, Privacy Shield, PCI DSS, and HIPAA. Founded in 2016 and headquartered in Arlington, Virginia, WireWheel's platform provides tools for privacy program management and subject rights request management. By integrating machine learning and data science, the platform helps companies automate the mapping of their public cloud assets and manage third-party relationships. This capability enables organizations to effectively address their compliance obligations while maximizing the potential of their data assets, ultimately enhancing their competitive advantage in the market.

Stardog

Series B in 2019
Stardog Union Inc. is a software company based in Arlington, Virginia, specializing in semantic technology. The company develops Stardog, a semantic graph database and enterprise data unification platform that features capabilities like query, search, inference, and data virtualization. Stardog Cloud, its cloud-native enterprise knowledge graph platform, enhances these offerings. The company's solutions cater to various industries, providing tools for compliance and audit in finance, customer information integration in retail, smart grid solutions in energy, and support for drug discovery and clinical trials in healthcare. Additionally, Stardog offers training services and different versions of its products to meet diverse user needs. Notable clients include Bosch, Ericsson, BNY Mellon, NASA, and the NIH, highlighting Stardog's role in facilitating digital transformations across multiple sectors. Founded in 2005 and previously known as Complexible Inc., Stardog has gained recognition for its innovative approach to data management.

ChurnZero

Series A in 2019
ChurnZero, Inc. is a company that provides a SaaS platform designed specifically for subscription businesses to enhance customer retention and reduce churn. Founded in 2015 and headquartered in Arlington, Virginia, ChurnZero's software enables organizations to monitor customer engagement through real-time dashboards, allowing them to receive alerts on significant customer activities. The platform facilitates the analysis of customer usage patterns, assesses customer health, and determines the likelihood of renewals. By automating communications and personalizing customer interactions based on engagement metrics, ChurnZero empowers businesses to connect with customers when they are most receptive, ultimately improving the overall customer experience.

WireWheel

Series A in 2018
WireWheel, Inc. is a software company that specializes in data privacy management, offering a cloud-based platform designed to assist organizations in complying with various data protection regulations, such as the EU GDPR, Privacy Shield, PCI DSS, and HIPAA. Founded in 2016 and headquartered in Arlington, Virginia, WireWheel's platform provides tools for privacy program management and subject rights request management. By integrating machine learning and data science, the platform helps companies automate the mapping of their public cloud assets and manage third-party relationships. This capability enables organizations to effectively address their compliance obligations while maximizing the potential of their data assets, ultimately enhancing their competitive advantage in the market.

Stardog

Series A in 2017
Stardog Union Inc. is a software company based in Arlington, Virginia, specializing in semantic technology. The company develops Stardog, a semantic graph database and enterprise data unification platform that features capabilities like query, search, inference, and data virtualization. Stardog Cloud, its cloud-native enterprise knowledge graph platform, enhances these offerings. The company's solutions cater to various industries, providing tools for compliance and audit in finance, customer information integration in retail, smart grid solutions in energy, and support for drug discovery and clinical trials in healthcare. Additionally, Stardog offers training services and different versions of its products to meet diverse user needs. Notable clients include Bosch, Ericsson, BNY Mellon, NASA, and the NIH, highlighting Stardog's role in facilitating digital transformations across multiple sectors. Founded in 2005 and previously known as Complexible Inc., Stardog has gained recognition for its innovative approach to data management.

Airside

Series A in 2017
Airside Mobile, Inc. is a technology company based in Arlington, Virginia, that focuses on enhancing the travel experience through innovative digital identity products and mobile applications. Founded in 2009, the company offers a platform that allows users to download mobile boarding passes and check flight status, departure and arrival gates, and weather updates. One of its key applications, Airside Express, helps travelers navigate the airport by providing access to services such as express security queues and on-site dining options. Additionally, the award-winning Mobile Passport app, developed in collaboration with U.S. Customs and Border Protection and other partners, streamlines the customs entry process for visitors arriving in the U.S. at nearly 30 major airports and cruise ports. Airside Mobile prioritizes data privacy and security while working with both private and public entities to create seamless travel experiences.

ChurnZero

Seed Round in 2017
ChurnZero, Inc. is a company that provides a SaaS platform designed specifically for subscription businesses to enhance customer retention and reduce churn. Founded in 2015 and headquartered in Arlington, Virginia, ChurnZero's software enables organizations to monitor customer engagement through real-time dashboards, allowing them to receive alerts on significant customer activities. The platform facilitates the analysis of customer usage patterns, assesses customer health, and determines the likelihood of renewals. By automating communications and personalizing customer interactions based on engagement metrics, ChurnZero empowers businesses to connect with customers when they are most receptive, ultimately improving the overall customer experience.

ThreatConnect

Series B in 2015
ThreatConnect® arms organizations with a powerful defense against cyber threats and the confidence to make strategic business decisions. Built on the industry’s only intelligence-driven, extensible security platform, ThreatConnect provides a suite of products designed to meet the threat intelligence aggregation, analysis and automation needs of security teams at any maturity level. More than 1,600 companies and agencies worldwide deploy the ThreatConnect platform to fully integrate their security technologies, teams, & processes with relevant threat intelligence resulting in reduced detection to response time and enhanced asset protection.

CircleBack

Series C in 2015
Founded outside of Washington DC, CircleBack, Inc. is a technology company dedicated to solving a major productivity problem: keeping contact data accurate. Using a patented data engine, CircleBack lets you know when connections change jobs, companies, email addresses, and work numbers, delivering these updates directly to mobile address books and CRMs. This makes it easier than ever for both professionals and businesses to keep connections alive and get stuff done faster and with more accuracy.

ThreatConnect

Series A in 2014
ThreatConnect® arms organizations with a powerful defense against cyber threats and the confidence to make strategic business decisions. Built on the industry’s only intelligence-driven, extensible security platform, ThreatConnect provides a suite of products designed to meet the threat intelligence aggregation, analysis and automation needs of security teams at any maturity level. More than 1,600 companies and agencies worldwide deploy the ThreatConnect platform to fully integrate their security technologies, teams, & processes with relevant threat intelligence resulting in reduced detection to response time and enhanced asset protection.

AnyPresence

Series B in 2014
AnyPresence is an enterprise platform for the app economy that dramatically reduces the time and cost of mobile-enabling enterprise business processes, products, and services. It is the only solution that offers organizations the ability to assemble and deploy backend servers, native iOS, native Android, and HTML5 mobile apps with 100% native, portable source code. The patent-pending AnyPresence platform also includes the ability to generate sample mobile apps from within API management portals, increasing adoption, and accelerating time-to-market for apps that incorporate a company's data or services. The platform is easy to use, yet flexible enough to enable source code-level customization or on-premise hosting options.

Intellinote

Series A in 2014
Intellinote is a team productivity platform designed to enhance collaboration and efficiency among team members. It is accessible via the web, tablets, and smartphones, allowing teams of up to five people to use it for free. The platform facilitates the capture of notes, ideas, and documents, ensuring that critical information is easily retrievable. Users can collaborate by sharing files, assigning tasks, and engaging with colleagues and clients, which streamlines project management and communication processes. Intellinote supports various industries by providing tools tailored for specific needs, including sales proposals, consulting engagement management, marketing campaign planning, product release tracking, and human resources tasks. By simplifying everyday work processes, Intellinote helps teams complete projects and tasks more efficiently, ultimately boosting productivity.

Invincea

Series C in 2013
Invincea, Inc. specializes in advanced endpoint security software solutions designed to protect organizations from sophisticated cyber threats. Founded in 2006 and based in Fairfax, Virginia, the company serves various sectors, including education, finance, healthcare, and government. Its flagship product, X by Invincea, enables businesses to detect and prevent threats, allowing employees to work securely both in the office and remotely. Invincea's technology employs machine learning and behavioral monitoring to address vulnerabilities associated with targeted attacks like spear phishing and web exploits. The company has been recognized for its innovation, winning numerous awards since its inception, and it maintains an OEM partnership with Dell to deliver its security solutions across millions of devices. As a subsidiary of Sophos Group plc since 2017, Invincea continues to enhance its offerings to combat the evolving landscape of cyber threats.

AnyPresence

Series A in 2012
AnyPresence is an enterprise platform for the app economy that dramatically reduces the time and cost of mobile-enabling enterprise business processes, products, and services. It is the only solution that offers organizations the ability to assemble and deploy backend servers, native iOS, native Android, and HTML5 mobile apps with 100% native, portable source code. The patent-pending AnyPresence platform also includes the ability to generate sample mobile apps from within API management portals, increasing adoption, and accelerating time-to-market for apps that incorporate a company's data or services. The platform is easy to use, yet flexible enough to enable source code-level customization or on-premise hosting options.

Logi Analytics

Private Equity Round in 2011
Logi is an analytics provider that focuses on embedding analytics in commercial and enterprise applications. It enables organizations to put real-time information to work by allowing users to create web-based business intelligence and analytic applications that can be integrated directly within organizations' applications, systems, and processes.

OpenQ

Series B in 2011
OpenQ Inc. specializes in developing and deploying software-as-a-service (SaaS) solutions tailored for key opinion leader (KOL) management and medical affairs. The company offers a comprehensive suite of tools, including KOL identification, professional profiling, ranking, analytics, and network mapping. Its Engage platform facilitates connections between medical affairs organizations and KOLs, while Empower ensures compliant distribution of approved content across various stakeholders. Additionally, OpenQ provides MobileQ, an iPad application designed for creating compliant presentations and managing speaker programs. By leveraging validated data and cloud-based technology, OpenQ helps life sciences and healthcare companies navigate regulatory challenges while enhancing stakeholder collaboration. The company serves a diverse clientele, including Fortune 500 companies across multiple sectors such as life sciences, financial services, and consumer products. Founded in 2006 and headquartered in Charlottesville, Virginia, OpenQ operates as a subsidiary of Anju Software, Inc., reflecting its commitment to continuous improvement and adaptation to industry needs.

TraffIQ

Venture Round in 2010
TRAFFIQ is an end-to-end digital media planning and buying platform with offices in New York, Virginia, and Colombia, MD. Founded in 2006, they have built a self-service management platform that provides advertisers and publishers efficiency, cost savings and complete control over budgets, revenue and campaign management. Over the years, they have helped streamline the media planning and buying process by providing a comprehensive suite of tools that enable speedy negotiations for all deal points, centralized ad operations including trafficking, tracking and optimization, reconciliation and billing all communications take place within the TRAFFIQ platform. From their launch in 2006, they have doubled their staff as well as their marketplace. Today, their marketplace offers over 100 billion impressions, daily, from 2,200 brand name and quality niche publishers across the globe, to more than 400 leading agencies and advertisers. At any given point, they facilitate access to millions of dollars in reserved RFP budgets, and many more in available media budgets. Their award-winning platform has no upfront costs or hidden fees. Sellers pay a fixed percent commission on ads sold; and advertisers pay for only the cost of media. TRAFFIQ was recently named #50 on the Inc. 500 list of America's Fastest Growing Companies.

TraffIQ

Series B in 2009
TRAFFIQ is an end-to-end digital media planning and buying platform with offices in New York, Virginia, and Colombia, MD. Founded in 2006, they have built a self-service management platform that provides advertisers and publishers efficiency, cost savings and complete control over budgets, revenue and campaign management. Over the years, they have helped streamline the media planning and buying process by providing a comprehensive suite of tools that enable speedy negotiations for all deal points, centralized ad operations including trafficking, tracking and optimization, reconciliation and billing all communications take place within the TRAFFIQ platform. From their launch in 2006, they have doubled their staff as well as their marketplace. Today, their marketplace offers over 100 billion impressions, daily, from 2,200 brand name and quality niche publishers across the globe, to more than 400 leading agencies and advertisers. At any given point, they facilitate access to millions of dollars in reserved RFP budgets, and many more in available media budgets. Their award-winning platform has no upfront costs or hidden fees. Sellers pay a fixed percent commission on ads sold; and advertisers pay for only the cost of media. TRAFFIQ was recently named #50 on the Inc. 500 list of America's Fastest Growing Companies.

Invincea

Series A in 2009
Invincea, Inc. specializes in advanced endpoint security software solutions designed to protect organizations from sophisticated cyber threats. Founded in 2006 and based in Fairfax, Virginia, the company serves various sectors, including education, finance, healthcare, and government. Its flagship product, X by Invincea, enables businesses to detect and prevent threats, allowing employees to work securely both in the office and remotely. Invincea's technology employs machine learning and behavioral monitoring to address vulnerabilities associated with targeted attacks like spear phishing and web exploits. The company has been recognized for its innovation, winning numerous awards since its inception, and it maintains an OEM partnership with Dell to deliver its security solutions across millions of devices. As a subsidiary of Sophos Group plc since 2017, Invincea continues to enhance its offerings to combat the evolving landscape of cyber threats.

RollStream

Series B in 2008
RollStream is a provider of enterprise community management software that focuses on enhancing communications and collaboration within the global supply chain. The company offers an online platform that helps businesses streamline the onboarding of partners, manage operational changes, and implement sales and marketing initiatives more efficiently. Clients such as McKesson Medical-Surgical, Owens & Minor, and Tesco utilize RollStream's solutions to significantly lower the costs and time associated with these processes. By enabling the creation of business communities over web-based networks, RollStream facilitates better engagement and interaction among stakeholders in various industries.

Logi Analytics

Venture Round in 2008
Logi is an analytics provider that focuses on embedding analytics in commercial and enterprise applications. It enables organizations to put real-time information to work by allowing users to create web-based business intelligence and analytic applications that can be integrated directly within organizations' applications, systems, and processes.

Clarabridge

Series C in 2008
Clarabridge is a prominent Customer Experience Management platform that assists leading brands in enhancing their customer experience. The company employs advanced text analytics and enterprise survey tools to analyze various forms of customer feedback. By transforming this feedback into actionable insights, Clarabridge enables businesses to make informed decisions that improve customer satisfaction and engagement. Through its robust solutions, the company empowers organizations to understand their customers better and take decisive actions to elevate their overall experience.

RollStream

Series A in 2007
RollStream is a provider of enterprise community management software that focuses on enhancing communications and collaboration within the global supply chain. The company offers an online platform that helps businesses streamline the onboarding of partners, manage operational changes, and implement sales and marketing initiatives more efficiently. Clients such as McKesson Medical-Surgical, Owens & Minor, and Tesco utilize RollStream's solutions to significantly lower the costs and time associated with these processes. By enabling the creation of business communities over web-based networks, RollStream facilitates better engagement and interaction among stakeholders in various industries.

BNX Systems

Private Equity Round in 2004
BNX Systems is a provider of enterprise-wide Controlled Access Management. The flagship BNX Authenticated Sign-On solution offers organizations a stronger and more efficient method of user log-on that streamlines access to critical applications. This patented solution minimizes user and IT interaction for application access, yielding high productivity and rapid return on investment.

Multicity

Series B in 2000
Multicity.com is empowering worldwide communication through the development of multilingual product suites. Available in a growing number of international languages for consumers and businesses, Multicity.com's diverse range of Web-enabled products and services include the first instant translation-enabled chat rooms and instant messaging, message boards, voting booths. In early 1999, Multicity.com started by creating a decentralized global network comprised of tens of thousands of independent web sites, interconnected through Multicity.com's multilingual communications tools. The network was self-organized around users' common interests.
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