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Groundspeed is a data sciences company that powers decision making and fuels operational improvement for the insurance industry.
Overview
Location
United States, Michigan, Ann Arbor
Employees
51-200
Phone
+1 734-369-9299
Total raised
$32M
Founded date
2016
Investors 5
| Date | Name | Website |
| Sign up to see | Sign up to see | Sign up to see |
| ManchesterStory Group | manchesterstory.com | |
| Jan 7, 2021 | Insight Partners | insightpartners.com |
| Michigan Angel Fund | miangelfund.com | |
| Feb 17, 2023 | Horizon Technology Finance | horizontechfinance.com |
Funding Rounds 2
| Date | Series | Amount | Investors |
| Sign up to see | Sign up to see | Sign up to see | Sign up to see |
| Apr 4, 2017 | Series A round | $2M |
Mentions in press and media 16
| Date | Title | Description |
| Sign up to see | Sign up to see | Sign up to see |
| Jul 14, 2025 | Route Announces CEO Transition as Company Enters Next Phase of Growth | Route, the post-purchase platform trusted by the world’s leading ecommerce brands, announced today that seasoned technology executive Eric Kobe will join the company as chief executive officer (CEO) effective July 14, 2025. Kobe joins the c... |
| Sep 15, 2021 | Staffing crunch forcing commercial insurance industry to embrace technology | The COVID-19 pandemic shone the spotlight on growing labor shortages throughout the U.S. economy. While most of the attention to find entry and mid-level workers has focused on retailers, restaurants, and other service industries, the reali... |
| Aug 14, 2021 | Science, applied: 3 ways AI and ML are advancing the insurance industry | We are excited to bring Transform 2022 back in-person July 19 and virtually July 20 - 28. Join AI and data leaders for insightful talks and exciting networking opportunities. Register today! This article was written by Kea Goins, a Marketin... |
| Aug 14, 2021 | Science, applied: 3 ways AI and ML are advancing the insurance industry | The Transform Technology Summits start October 13th with Low-Code/No Code: Enabling Enterprise Agility. Register now! This article was written by Kea Goins, a Marketing Coordinator at Valkyrie. From maximizing advertisement relevance to cus... |
| Jan 6, 2021 | Behind the Investment: Groundspeed – Unlocking Unstructured Commercial Insurance Data | While the property and casualty (P&C) insurance industry has begun a digital transformation over the past decade, much of the market continues to operate manually via emails and disparate PDF and Excel files. Sitting in these emails and... |
| Jan 6, 2021 | Leading Commercial P&C Insurance Software Provider Groundspeed Analytics Attracts Investment from Global Investors Insight Partners and Oak HC/FT | |
| Aug 1, 2019 | With a new $800M fund, Oak HC/FT is staying true to its name | Five years ago a venture capital fund spun-out of Oak Investment Partners focused exclusively on healthcare and fintech. Naturally, the trio behind the new fund called themselves Oak HC/FT, a nod to the two industries they felt weren’t rece... |
| Jul 29, 2018 | Groundspeed Analytics Scores $30M | ANN ARBOR, MI, Groundspeed Analytics announced a $30 million Series B funding round led by Oak HC/FT. >> Click here for more funding data on Groundspeed Analytics >> To export Groundspeed Analytics funding data to PDF and Ex... |
| Jul 29, 2018 | Oak HC/FT Leads $30M Series B for Groundspeed Analytics | ANN ARBOR, Mich.--(BUSINESS WIRE)--Groundspeed Analytics, a leading insurance technology company specializing in artificial intelligence (AI) and data science solutions to the $800 billion global commercial property and casualty insurance i... |
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FAQ about Groundspeed
When was Groundspeed founded?
Groundspeed was founded in 2016.
How much funding has Groundspeed raised?
Groundspeed has raised $32M in total across 2 funding rounds.
What funding rounds has Groundspeed raised?
Parsers VC lists 2 funding rounds of Groundspeed, among them a Series A round of $2M on Apr 4, 2017.
Who has invested in Groundspeed?
Parsers VC lists 5 investors of Groundspeed, among them Horizon Technology Finance, Insight Partners and ManchesterStory Group.
What has the press written about Groundspeed?
Parsers VC has collected 16 articles mentioning Groundspeed, among them “Route Announces CEO Transition as Company Enters Next Phase of Growth” (Jul 14, 2025) and “Staffing crunch forcing commercial insurance industry to embrace technology” (Sep 15, 2021).
Is Groundspeed still active?
Yes, Groundspeed is active; its latest activity on Parsers VC dates from Aug 11, 2025.