TechGrid
Latest round
- Series A
Last raised
- Dec 2023
Total raised
- $1M
Investors
- 1
About TechGrid
Founded in 2006 and headquartered in Charlotte, US, TechGrid develops a platform that streamlines sales and fulfillment processes for MSPs. The company was established by Philip Wegner, who has a background in technology entrepreneurship.TechGrid offers a comprehensive platform designed to streamline the quote-to-cash workflow specifically for Managed Service Providers (MSPs). Their core product facilitates the digitization of sales and fulfillment processes, integrating applications such as Customer Relationship Management (CRM), Professional Services Automation (PSA), and accounting software, along with connections to distributors like Ingram Micro and TD Synnex. Through features such as smart bundles, live digital catalogs, and proposal automation, TechGrid addresses common pain points faced by MSPs, including siloed data, manual data entry, and inefficient cash flow management. The platform is tailored for MSPs seeking to enhance operational efficiency, improve customer experiences, and eliminate manual workflows.TechGrid operates on a subscription-based revenue model, offering various pricing plans tailored to different business needs. The company's offerings include starter plans for smaller organizations, as well as Pro and Enterprise plans that provide additional support and training services. These plans allow clients to leverage TechGrid's platform for automating procurement and simplifying delivery processes. With a focus on B2B transactions, TechGrid's clients consist of MSPs looking to enhance their quoting capabilities and streamline administrative tasks. The company aims to launch new products aimed at improving the efficiency of MSPs and is exploring expansion into additional markets in Europe and beyond by 2025.
Who invested in TechGrid
1 investor across 1 round
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Funding rounds
Series A
Dec 20, 2023
Amount
$1M
Investors
Questions about TechGrid
Who invested in TechGrid?
TechGrid has 1 investor on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has TechGrid raised?
TechGrid has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did TechGrid last raise money?
TechGrid's most recent round on record is a Series A, in Dec 2023.
What does TechGrid do?
Founded in 2006 and headquartered in Charlotte, US, TechGrid develops a platform that streamlines sales and fulfillment processes for MSPs.
Where is TechGrid headquartered?
TechGrid is headquartered in Charlotte, US.
Which VCs invest in companies like TechGrid?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back it infrastructure companies at TechGrid's stage. Their profiles are linked below.
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