# Grotech Ventures: portfolio, investments and team

> Grotech Ventures is a vc firm based in United States. 116 investments on record, 1 in the last 12 months, latest Aug 2026.

Source: https://millionrounds.com/fund/grotech-ventures (Millionrounds; every figure on the page links to its filing or article)

United States · [Investor](https://millionrounds.com/investors)

# Grotech Ventures

Last cheque observed Aug 2026; 116 cheques on record.

Email

Deploying now New fund $6.0M, Feb 2023 VC firm

Pre-seed Seed Series A Technology Software Device

Follow Grotech Ventures and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fgrotech-ventures)

Deploying now

**100%** of best year **1** **cheques in 12 months**, 116 on record

Since the last cheque **64** days **00** hrs **00** min **00** sec

Median round **$8.6M** Rounds led **1 of 116** Sole investor **9 rounds** Exits **13 from the portfolio** Mostly in **United States, 100%**

Pitch Grotech Ventures

## Grotech Ventures highlights

- 01 1 cheques in the last 12 months
- 02 Mostly Series A and Series B: 64% of its rounds
- 03 Sole investor in 9 rounds, median $3.0M
- 04 13 exits from the portfolio

## What they do

> Grotech Ventures describes itself as 'Early Investors in High Potential Technology Companies' and states its mission is 'to partner with young companies outside of Silicon Valley'. From their own website

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** Not stated
- **Stages:** Pre-seed Seed Series A Series B Growth
- **Sectors:** Technology Software Device
- **Based in:** Owings Mills, United States
- **Cold pitches:** Not accepted

## The record

Every round we can evidence, newest first **116 appearances**

- **2026** 1 round
- **Aug** **[Yardstik](https://millionrounds.com/company/yardstik)** Series B · US · MissionOG **$30M** With 5 others
- **2025** 1 round
- **Apr** **[Sturdy.ai](https://millionrounds.com/company/sturdy-ai)** Seed · US · TechStartups **$6.0M** With 2 others
- **2019** 8 rounds
- **Dec** **[Passport](https://millionrounds.com/company/passport)** Series D · US · FinSMEs **$65M** With 6 others
- **Nov** **[CrowdStreet](https://millionrounds.com/company/crowdstreet)** Series C · US · FinSMEs **$12M** With 4 others
- **Oct** **[Stardog](https://millionrounds.com/company/stardog)** Series B · US · FinSMEs **$9.0M** With 3 others
- **Sept** **[Drum](https://millionrounds.com/company/drum)** Seed · US · FinSMEs **$11M** With 7 others
- **Sept** **[Tethr](https://millionrounds.com/company/tethr)** US · FinSMEs **$15M** With 3 others
- **Aug** **[Xoi Technologies](https://millionrounds.com/company/xoi-technologies)** Series C · US · FinSMEs **$11M** With 2 others
- **May** **[Webscale](https://millionrounds.com/company/webscale)** Series B · US · FinSMEs **$14M** With 2 others
- **Apr** **[ChurnZero](https://millionrounds.com/company/churnzero)** Series A · US · FinSMEs **$7.0M** With 4 others
- **2018** 6 rounds
- **Dec** **[The Mom Project](https://millionrounds.com/company/the-mom-project)** Series A · US · FinSMEs **$8.0M** With 7 others
- **Nov** **[Payzer](https://millionrounds.com/company/payzer)** Series C · US · Wraltechwire **$9.2M** With 5 others
- **Aug** **[Bandura](https://millionrounds.com/company/bandura)** US · FinSMEs **$4.0M** With 3 others
- **Apr** **[Ceterus](https://millionrounds.com/company/ceterus)** Series B · US · FinSMEs **$10M** With 3 others
- **Apr** **[Threat X](https://millionrounds.com/company/threat-x)** Series A · US · FinSMEs **$8.2M** With 1 other
- **Mar** **[Voci](https://millionrounds.com/company/voci)** Series B · US · FinSMEs **$8.0M** With 1 other
- **2017** 2 rounds
- **Nov** **[TaskEasy](https://millionrounds.com/company/taskeasy)** Series C · US · FinSMEs **$22M** With 4 others
- **Jan** **[Yet Analytics](https://millionrounds.com/company/yet-analytics)** Seed · US · FinSMEs **$1.0M** With 1 other
- **2016** 6 rounds
- **Nov** **[Fluid](https://millionrounds.com/company/fluid)** Seed · US · FinSMEs **$1.7M** With 1 other
- **Sept** **[Payzer](https://millionrounds.com/company/payzer)** Series B · US · FinSMEs **$4.3M** With 2 others
- **Sept** **[Promoboxx](https://millionrounds.com/company/promoboxx)** Series A · US · FinSMEs **$8.2M** With 3 others
- **Sept** **[Dizzion](https://millionrounds.com/company/dizzion)** Series A · US · FinSMEs **$6.4M** With 1 other
- **Aug** **[Ceros](https://millionrounds.com/company/ceros)** Series B · US · FinSMEs **$8.0M** Sole investor
- **Jan** **[White Ops](https://millionrounds.com/company/white-ops)** **$20M** *Led*
- **2015** 7 rounds
- **Dec** **[CommercialTribe](https://millionrounds.com/company/commercialtribe)** Series B · US **$6.0M** With 2 others
- **Dec** **[ThreatConnect, Inc.](https://millionrounds.com/company/threatconnect-inc)** Series B · US **$16M** With 1 other
- **Nov** **[Contactually](https://millionrounds.com/company/contactually)** Series A · US **$11M** With 6 others
- **Aug** **[TrackIf](https://millionrounds.com/company/trackif)** Series A · US **$5.0M** With 2 others
- **Jul** **[CircleBack](https://millionrounds.com/company/circleback)** Venture · US **$12M** With 3 others
- **Apr** **[Payzer](https://millionrounds.com/company/payzer)** Series A · US **Undisclosed** With 1 other
- **Jan** **[Dizzion](https://millionrounds.com/company/dizzion)** Series A · US **$3.9M** With 4 others
- **2014** 16 rounds
- **Dec** **[DB Networks](https://millionrounds.com/company/db-networks)** Series C · US **$17M** With 2 others
- **Dec** **[Optoro](https://millionrounds.com/company/optoro)** Series C · US **$50M** With 3 others
- **Dec** **[Zonoff](https://millionrounds.com/company/zonoff)** Series B · US **$32M** With 1 other
- **Nov** **[ThreatConnect, Inc.](https://millionrounds.com/company/threatconnect-inc)** Series A · US **$4.0M** Sole investor
- **Oct** **[TaskEasy, Inc.](https://millionrounds.com/company/taskeasy-inc)** Series A · US **$7.0M** With 4 others
- **Sept** **[AnyPresence](https://millionrounds.com/company/anypresence)** Series B · US **$6.0M** With 3 others
- **Sept** **[WiserTogether](https://millionrounds.com/company/wisertogether)** Series B · US **$9.0M** With 6 others
- **Jul** **[RedPoint Global](https://millionrounds.com/company/redpoint-global)** Venture · US **$5.2M** With 1 other
- **Jul** **[Healthcare Interactive](https://millionrounds.com/company/healthcare-interactive)** Series A · US **$8.0M** With 1 other

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The team

Named by the firm itself, on a filing, its Form ADV or its company registration **11 named**

CP **Charles Patrick Cullen** Chief Financial Officer, Chief Operating Officer, Treasurer, Secretary, Principal, Shareholder of Grotech Management Com i Form ADV

DJ **Dennis J. Shaughnessy** Retired Member of Grotech Capital Group Vi, LLC i Form ADV

DJ **Donald James Rainey** General Partner and Member of Grotech Capital Group Vii, LLC i Form ADV

DL **Donald Lawson Devries** Principal, Managing General Partner, Shareholder, Officer of Grotech Management Company i Form ADV

FA **Frank Anthony Adams** Executive Chairman, President, Principal, Shareholder, Director, Officer of Grotech Management Company i Form ADV

HH **Harris Hyman** Retired Member of Grotech Capital Group Vi, LLC i Form ADV

JR **Joseph Ronald Zell** Retired Member of Grotech Capital Group Vi, LLC i Form ADV

JI **Julia Inger Taxin** Principal, Shareholder, and Officer of Grotech Management Company i Form ADV

PJ **Patrick John Kerins** Retired Member of Grotech Capital Group Vi, LLC i Form ADV

SM **Stephen Martin Fredrick** Principal, Shareholder, Officer of Grotech Management Company i Form ADV

SD **Stuart David Frankel** Retired Member of Grotech Capital Group Vi, LLC i Form ADV

We also hold **22** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

## What the register says

From the firm's own filings with the SEC, which it must file accurately by law

**$311M** gross assets of its funds Oct 2026

**Exempt** reporting adviser venture or small private funds

- **Legal name:** Grotech Management Company
- **SEC number:** CRD 162772

## What they claim to have backed

From their own portfolio page (on their website)

**60** of 60 we have independently watched raise

[Airsidemobile](https://millionrounds.com/company/airside-mobile)[Baseoperations](https://millionrounds.com/company/base-operations)[Buysafe](https://millionrounds.com/company/buysafe)[Caju](https://millionrounds.com/company/caju)[Cerebrocapital](https://millionrounds.com/company/cerebro-capital)[Ceros](https://millionrounds.com/company/ceros)[Ceterus](https://millionrounds.com/company/ceterus)[Churnzero](https://millionrounds.com/company/churnzero)[Circleback](https://millionrounds.com/company/circleback)[Cloud-elements](https://millionrounds.com/company/cloud-elements)[Cloverly](https://millionrounds.com/company/cloverly)[Cognota](https://millionrounds.com/company/cognota)[Commercialtribe](https://millionrounds.com/company/commercialtribe)[Contactually](https://millionrounds.com/company/contactually)[Crowdstreet](https://millionrounds.com/company/crowdstreet)[Datasembly](https://millionrounds.com/company/datasembly)[Directscale](https://millionrounds.com/company/directscale)[Dizzion](https://millionrounds.com/company/frame)[Fieldglass](https://millionrounds.com/company/fieldglass)[Hillcrestlabs](https://millionrounds.com/company/hillcrest-labs)[Humansecurity](https://millionrounds.com/company/human)[Icxmedia](https://millionrounds.com/company/icx-media)[Incentivio](https://millionrounds.com/company/incentivio)[Livingsocial](https://millionrounds.com/company/livingsocial)[Logianalytics](https://millionrounds.com/company/logianalytics)[Logrhythm](https://millionrounds.com/company/logrhythm)[Notablesystems](https://millionrounds.com/company/notable-systems)[Optoro](https://millionrounds.com/company/optoro)[Parsely](https://millionrounds.com/company/parsely)[Passportinc](https://millionrounds.com/company/passport)[Payzer](https://millionrounds.com/company/payzer)[Petscreening](https://millionrounds.com/company/petscreening)[Pgedge](https://millionrounds.com/company/pgedge)[Racktopsystems](https://millionrounds.com/company/racktop-systems)[Redpointglobal](https://millionrounds.com/company/redpoint-global)[Rentready](https://millionrounds.com/company/rent-ready)[Rewst](https://millionrounds.com/company/rewst)[Royaltyexchange](https://millionrounds.com/company/royalty-exchange)[Shardsecure](https://millionrounds.com/company/shardsecure)[Shipmonk](https://millionrounds.com/company/shipmonk)[Speedscale](https://millionrounds.com/company/speedscale)[Stardog](https://millionrounds.com/company/stardog)[Sturdy](https://millionrounds.com/company/sturdy)[Suitestudios](https://millionrounds.com/company/suite-studios)[Sunstonecredit](https://millionrounds.com/company/sunstone-credit)[Taskeasy](https://millionrounds.com/company/taskeasy)[Tellius](https://millionrounds.com/company/tellius)[Tethr](https://millionrounds.com/company/tethr)[Themomproject](https://millionrounds.com/company/the-mom-project)[Threatconnect](https://millionrounds.com/company/threatconnect)[Threater](https://millionrounds.com/company/threater)[Tidalcyber](https://millionrounds.com/company/tidal-cyber)[Urbanbound](https://millionrounds.com/company/urbanbound)[Urbanstems](https://millionrounds.com/company/urbanstems)[Urjanet](https://millionrounds.com/company/urjanet)[Valicyber](https://millionrounds.com/company/vali-cyber)[Webscale](https://millionrounds.com/company/webscale)[Xoi](https://millionrounds.com/company/xoi-technologies)[Yardstik](https://millionrounds.com/company/yardstik)[Yetanalytics](https://millionrounds.com/company/yet-analytics) and 20 more

Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded.

## Exits from the portfolio

Companies it backed that were later bought or listed **13 in all**

**[Ziptronix](https://millionrounds.com/company/ziptronix)** Bought by Tessera Technologies **$39M** Aug 2015

**[HelloWallet](https://millionrounds.com/company/hellowallet)** Bought by [Morningstar](https://millionrounds.com/fund/morningstar) **$5.3M** May 2014

**[Omnilink Systems](https://millionrounds.com/company/omnilink-systems)** Bought by Numerex **$38M** Apr 2014

**[Fieldglass](https://millionrounds.com/company/fieldglass)** Bought by [SAP](https://millionrounds.com/fund/sap) **Undisclosed** Mar 2014

**[TRAFFIQ](https://millionrounds.com/company/traffiq)** Bought by an undisclosed buyer **Undisclosed** Nov 2013

**[NexGen Storage](https://millionrounds.com/company/nexgen-storage)** Bought by Fusion-io **$119M** Apr 2013

**[Collective Intellect](https://millionrounds.com/company/collective-intellect)** Bought by [Oracle Corporation](https://millionrounds.com/fund/oracle) **Undisclosed** Jun 2012

**[Aztek Networks](https://millionrounds.com/company/aztek-networks)** Bought by GENBAND **Undisclosed** Apr 2012

**[Rollstream](https://millionrounds.com/company/rollstream)** Bought by GXS **Undisclosed** Mar 2011

**[Hatteras Networks](https://millionrounds.com/company/hatteras-networks)** Bought by Overture Networks **Undisclosed** Mar 2011

**[BroadSoft](https://millionrounds.com/company/broadsoft)** Listed **Undisclosed** Jun 2010

**[HiveLive](https://millionrounds.com/company/hivelive)** Bought by RightNow Technologies **$5.6M** Sept 2009

**[iVivity](https://millionrounds.com/company/ivivity)** Bought by [Emulex](https://millionrounds.com/fund/emulex) **Undisclosed** Oct 2007

An exit counts when it came after the firm's first round in the company. From historical deal records.

New fund on file

**$6.0M**

raised in Feb 2023

From its SEC filing, not a journalist: a firm that has just raised has money to deploy.

## The cheque

Pre-seed Seed Series A

Median round joined **$8.6M** the round, not its cheque Alone, median **$3.0M**

Led 1 of 116 rounds **1%**

- **Sole investor:** 9 rounds
- **Last cheque:** Aug 2026
- **Exits:** 13 from the portfolio

Rounds by stage said on their site

- Series A said *39*
- Series B said *32*
- Series C *19*
- Venture *10*
- Series D *7*
- Seed said *4*
- Pre-seed said *-*

Cheques by month Led Joined

Nov 2023 Oct 2026

Often in the room with

- [Access Venture Partners](https://millionrounds.com/fund/access-venture-partners) 14
- [Revolution](https://millionrounds.com/fund/revolution) 8
- [Boulder Ventures](https://millionrounds.com/fund/boulder-ventures) 7
- [TDF Ventures](https://millionrounds.com/fund/tdf-ventures) 7
- [Intersouth Partners](https://millionrounds.com/fund/intersouth-partners) 6
- [Columbia Capital](https://millionrounds.com/fund/columbia-capital) 5

**Pitching Grotech Ventures?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque.

Add to your CRM *→*

## Who they invest alongside

The investors most often in the same rounds as Grotech Ventures. A count of rooms they were both in, not a relationship either has claimed.

[**Access Venture Partners** VC firm **14** rounds together](https://millionrounds.com/fund/access-venture-partners)[**Revolution** VC firm **8** rounds together](https://millionrounds.com/fund/revolution)[**Boulder Ventures** VC firm **7** rounds together](https://millionrounds.com/fund/boulder-ventures)[**TDF Ventures** VC firm **7** rounds together](https://millionrounds.com/fund/tdf-ventures)[**Intersouth Partners** VC firm **6** rounds together](https://millionrounds.com/fund/intersouth-partners)[**Columbia Capital** VC firm **5** rounds together](https://millionrounds.com/fund/columbia-capital)[**Kinetic Ventures** VC firm **5** rounds together](https://millionrounds.com/fund/kinetic-ventures)[**Rally Ventures** VC firm **5** rounds together](https://millionrounds.com/fund/rally-ventures)[**Harbert Growth Partners** Asset manager **4** rounds together](https://millionrounds.com/fund/harbert-growth-partners)[**Harbert Venture Partners** VC firm **4** rounds together](https://millionrounds.com/fund/harbert-venture-partners)[**New Atlantic Ventures** VC firm **4** rounds together](https://millionrounds.com/fund/new-atlantic-ventures)[**Crawley Ventures** VC firm **3** rounds together](https://millionrounds.com/fund/crawley-ventures)

## Recently backed

The latest companies Grotech Ventures put money into.

[**Yardstik** $30M · Aug 2026](https://millionrounds.com/company/yardstik)[**Passport** $65M · Dec 2019](https://millionrounds.com/company/passport)[**CrowdStreet** $12M · Nov 2019](https://millionrounds.com/company/crowdstreet)[**Stardog** $9.0M · Oct 2019](https://millionrounds.com/company/stardog)[**Xoi Technologies** $11M · Aug 2019](https://millionrounds.com/company/xoi-technologies)[**Webscale** $14M · May 2019](https://millionrounds.com/company/webscale)

## Mentioned on podcasts

Episodes that name Grotech Ventures in their description, not their title.

- [Growth Investor](https://millionrounds.com/podcasts/growth-investor) 17 Apr 2024 · 27 min The Supply Chain Maestro: Deposco’s Bill Gibson Mentions [Grotech Ventures](https://millionrounds.com/fund/grotech-ventures) Apple PodcastsShow page

## Quick answers about Grotech Ventures

### What does Grotech Ventures invest in?

Grotech Ventures invests most often at Series A and Series B (64% of the rounds on record), in sectors such as Technology, Software and Device.

### How active is Grotech Ventures?

116 investments on record, 1 of them in the last 12 months, and it led 1. The most recent was in Aug 2026.

### What has Grotech Ventures invested in recently?

Its most recent investments on record: Yardstik (Series B, Aug 2026), Sturdy.ai (Seed, Apr 2025) and Passport (Series D, Dec 2019).

### How big are Grotech Ventures's cheques?

The median round it joins is $8.6M.

### Does Grotech Ventures lead rounds?

Sometimes: it led 1 of its 116 investments on record (1%).

### Where does Grotech Ventures invest?

Most of the companies it backs are in the United States (100%).

### Is Grotech Ventures investing now?

Yes: it is actively investing, with 1 investments in the last 12 months.

### Who does Grotech Ventures invest alongside?

Most often Access Venture Partners (14 rounds together), Revolution (8 rounds together) and Boulder Ventures (7 rounds together).

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