Investments
20Portfolio Exits
2Partners & Customers
1Latest Groundbreak Ventures News
Nov 8, 2023
Fillogic , a NYC-based provider of a technology Channel-Free Logistics platform, raised $13M in Series A funding. The round was led by Revelry Venture Partners with participation from XRC Ventures, Closed Loop Partners, Venture 53, Groundbreak Ventures, and Green Egg Ventures. RVP Managing Partner, Peter Liu, will join the board as Director, along with Herb Shear, Founder and Executive Chairman at G2 Reverse Logistics, and Gene Spiegelman, Vice Chairman and Principal at Ripco Real Estate. The company intends to use the funds to accelerate its product development and nationwide expansion of its logistics technology ecosystem. Founded in 2018 by CEO, Bill Thayer, Fillogic is a channel-free, local market logistics provider that converts under-utilized space in retail centers like shopping malls into middle-mile logistics centers. The company has grown 300% so far in 2023, adding new enterprises, digital brands, and platform partners to its expanding list of customers. FinSMEs
Groundbreak Ventures Investments
20 Investments
Groundbreak Ventures has made 20 investments. Their latest investment was in Fillogic as part of their Series A on November 11, 2023.
Groundbreak Ventures Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
11/8/2023 | Series A | Fillogic | $13M | No | 2 | |
8/2/2023 | Series B | Local Logic | $13M | No | 7 | |
6/20/2023 | Pre-Seed - II | Chexy | $0.98M | Yes | Crossbeam Venture Partners, Ferst Capital Partners, and Undisclosed Angel Investors | 1 |
6/14/2023 | Pre-Seed | |||||
6/5/2023 | Seed VC |
Date | 11/8/2023 | 8/2/2023 | 6/20/2023 | 6/14/2023 | 6/5/2023 |
|---|---|---|---|---|---|
Round | Series A | Series B | Pre-Seed - II | Pre-Seed | Seed VC |
Company | Fillogic | Local Logic | Chexy | ||
Amount | $13M | $13M | $0.98M | ||
New? | No | No | Yes | ||
Co-Investors | Crossbeam Venture Partners, Ferst Capital Partners, and Undisclosed Angel Investors | ||||
Sources | 2 | 7 | 1 |
Groundbreak Ventures Portfolio Exits
2 Portfolio Exits
Groundbreak Ventures has 2 portfolio exits. Their latest portfolio exit was Envoy Technologies on April 25, 2023.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
|---|---|---|---|---|---|
4/25/2023 | Acquired | 1 | |||
Date | 4/25/2023 | |
|---|---|---|
Exit | Acquired | |
Companies | ||
Valuation | ||
Acquirer | ||
Sources | 1 |
Groundbreak Ventures Partners & Customers
1 Partners and customers
Groundbreak Ventures has 1 strategic partners and customers. Groundbreak Ventures recently partnered with DMZ Ventures on July 7, 2022.
Date | Type | Business Partner | Country | News Snippet | Sources |
|---|---|---|---|---|---|
7/5/2022 | Partner | Canada | Not only is PropTech a hot market for startups to tap into investment capital , but new ventures in the industry are driving meaningful impact to promote safe , inclusive , efficient and sustainable systems in Canada and beyond , '' stated Sherif El-Tawil , DMZ 's Senior Director of Programs and Partnerships , in the release . | 1 |
Date | 7/5/2022 |
|---|---|
Type | Partner |
Business Partner | |
Country | Canada |
News Snippet | Not only is PropTech a hot market for startups to tap into investment capital , but new ventures in the industry are driving meaningful impact to promote safe , inclusive , efficient and sustainable systems in Canada and beyond , '' stated Sherif El-Tawil , DMZ 's Senior Director of Programs and Partnerships , in the release . |
Sources | 1 |
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