Groopit, an enterprise SaaS solution that makes it easier for business leaders to collect and share real-time data from frontline employees, raised $2 million in pre-seed funding led by Ascend, with participation from a group of investors including Voyager Capital and Vulcan Capital.
The company has raised a total of $3.1 million to date, other investors in this round include Tapas Capital, Community Access Fund, Cascade Seed Fund, Dataframe Ventures, Bluesky Equities, Journey Venture Partners, SWAN Venture Group, and multiple angel investors.
The company, whose software is already being used by sales teams in the financial, manufacturing, and retail industries, will use the funds to scale Groopit’s marketing and sales operations and further the development of its product roadmap.
Company: JJT, Inc.
Funding Month: October 2021
Lead Investors: Ascend
Additional Investors: Voyager Capital, Vulcan Capital, Tapas Capital, Community Access Fund, Cascade Seed Fund, Dataframe Ventures, Bluesky Equities, Journey Venture Partners, SWAN Venture Group, and multiple angel investors
Company Website: https://groopit.co/
Software Category: Collaboration platform
About the Company: Groopit was co-founded in 2018 by Tammy Savage and John Vert, Groopit is an enterprise Saas solution for leaders. It's the ultimate way to get, share and use real-time data from frontline employees. The company is creating and leading a new product category called crowd solving, which combines real-time data collection and real-time data sharing to deliver game-changing business results. Groopit is a collaboration platform for leaders solving big problems. Collect real-time data from cross-functional, remote, and decentralized teams to accelerate collaboration. The enterprise SaaS offering drives results at a time when collaboration alternatives are desperately needed. Groopit is available as an iOS app, Android app, Slack app, or on any web browser.