Venture Capital News: Groopit Inks $3.5M Seed Round
2023-05-18
SEATTLE, WA, Groopit, an enterprise SaaS platform that makes it easy to crowdsource insights from employees and use that data to solve complex problems, has raised $3.5 million in Seed funding.
The round was led by WestRiver Group with continued participation from existing investors Cercano Management, Tapas Capital, Cascade Seed Fund and others. The company, whose software is already available on Slack, Teams, Salesforce, iOS, and Android, will invest the funds in continued product innovation and expand the number of enterprise customers it serves. Today, companies like The Home Depot, Guidant Financial, and Stuckey's rely on Groopit to accelerate revenue growth, improve customer experiences, and outsmart competitors with quantitative insights from employees.
Groopit is the leading provider of crowdsolving software, a new category of enterprise SaaS software that transforms how people come together to solve problems. With Groopit, front-line employees share real-time data to illuminate a problem, and everyone involved is empowered to make better, faster decisions.
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