Grow Has Grown: $16M Funding Round Led By Toba Capital

With participation from Peterson Ventures, Pelion Venture Partners, Kickstart Seed Fund, and HubSpot.

Grow has announced a $16 million Series B round led by Toba Capital with participation from Peterson Ventures, Pelion Venture Partners, Kickstart Seed Fund, and HubSpot.

Grow CEO Rob Nelson on the funding:

At Grow, we believe in using data to drive company culture and decision making. Our goal is to give CEOs the ability to feel confident and in-touch with their business, whether or not they’re in the office. Thanks to our institutional investors, we are able to continue to push these efforts.

We last heard from Grow in July 2016, when they announced a $11 million Series A round also led by Toba Capital. More recently (like two months ago), I interviewed Nelson and still haven’t written about it. I’m the worst. I will be writing about the interview soon, however, so take heart. It’s coming. I promise. I would never lie to you.

In the meantime, here’s Vinny Smith, founder of Toba Capital:

As demonstrated by their phenomenal growth, Grow.com clearly dominates the SMB BI space. Grow has produced an amazing product for its business users. We’re excited to continue to work with Rob and his team in helping Grow become the world’s business intelligence tool.

You've successfully subscribed to Silicon Slopes Newsroom
Great! Next, complete checkout to get full access to all premium content.
Error! Could not sign up. invalid link.
Welcome back! You've successfully signed in.
Error! Could not sign in. Please try again.
Success! Your account is fully activated, you now have access to all content.
Error! Stripe checkout failed.
Success! Your billing info is updated.
Error! Billing info update failed.