DFX Intelligence
Venture Capital Intelligence
Firms, funds, partners, companies and rounds from sworn filings, firm sites and announcements, kept as a graph with a date and a source on every edge. Facts, inferences and estimates are labelled as such. A fund target is never a close, GAV is never dry powder, and a round size is never an investor’s check.
Firms / Grotech Management Company
Grotech Management Company
We partner with innovative entrepreneurial talent. Our mission is to partner with young companies outside of Silicon Valley that transform markets, create jobs and produce extraordinary, sustainable growth.
venture manager, reported GAV $415M across 6 vehicles
Importance
53
elevated
Active deployment
55
elevated
Emerging
0
low
Completeness
81
high
Freshness
100
high
Research priority
19
moderate
Identity and regulatory footprint
- Headquarters
- Owings Mills, MDadviserinfo.sec.gov
- Office address
- 9722 GROFFS MILL DRIVE, SUITE 856, Owings Mills, MD, 21117adviserinfo.sec.gov
- Business phone
- 703-637-9555adviserinfo.sec.gov
- Website
- HTTP://WWW.GROTECH.COM
- SEC adviser type
- exempt reporting adviseradviserinfo.sec.gov
- SEC exemption claimed
- venture capital fund adviseradviserinfo.sec.govItem 2.B(1): advises solely venture capital funds
- Latest Form ADV
- Mar 26, 2026
- Private funds reported
- 5 (5 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets
- $311Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
- business email
- info@grotech.comgrotech.compublished by the subject
- business phone
- 703-637-9555adviserinfo.sec.govpublished by the subject
Stated thesis versus observed behaviour
81 observed deals
Stated (the firm’s website)
- Sectors
- climate, hardware, logistics
- Stages
- series b
- Geography
- africa, maryland, silicon valley, united states
- Check size
- not stated; DFX does not estimate checks from round sizes
Observed (from deals on record)
Stage at participation
series b 100%
Stage at first entry
series b 100%
Sectors
unknown 88%Other Technology 13%
lead rate 0%follow-on rate 0%new logos, 12 months 81
Funds and vehicles
6 reported, 5 no longer reported
| Vehicle | Type | Vintage | Lifecycle | Reported GAV | Owners | Form D sold | Latest Form D |
|---|---|---|---|---|---|---|---|
| Grotech Ak Holdings, LLC | Fund | 2023 form d first sale | Active deployment | $9.3M Mar 28, 2024 | 15 | $6.0M | Feb 8, 2023 |
| Grotech Ventures IV, L.P. | Fund | 2022 adv first reported | Active deployment | $126M Mar 28, 2024 | 87 | $0 of $150M | Jun 17, 2021 |
| Grotech Ventures III, L.P. | Fund | 2016 adv first reported | Harvest | $183M Mar 28, 2024 | 37 | $0 of $200M | Jun 25, 2015 |
| Grotech Ventures II, L.P. | Fund | 2011 form d first sale | Harvest | $92.7M Mar 28, 2024 | 18 | $202M of $220M | Mar 28, 2013 |
| Grotech Partners VII, L.P. | Fund | unknown | Unknown | $2.7M Mar 28, 2024 | 12 | unknown | unknown |
| Grotech Partners VI, L.P. | Fund | unknown | Unknown | $795,580 Mar 28, 2024 | 46 | unknown | unknown |
| Grotech Partners V, L.P. | Fund | unknown | Wound down | $1.1M Mar 26, 2015 | 30 | unknown | unknown |
| Grotech Partners III, L.P. | Fund | unknown | Wound down | $148,013 Mar 26, 2015 | 44 | unknown | unknown |
| Grotech III Companion Fund, L.P. | Fund | unknown | Wound down | $20,406 Mar 26, 2015 | 3 | unknown | unknown |
| Grotech V Maryland Fund, L.P. | Fund | unknown | Wound down | $15,412 Mar 26, 2015 | 2 | unknown | unknown |
| Grotech III Pennsylvania Fund L.P. | Fund | unknown | Wound down | $1,212 Mar 26, 2015 | 1 | unknown | unknown |
GAV is the gross asset value the adviser reported on Form ADV for the vehicle, never the fund’s committed size and never dry powder. Form D sold is the amount sold as of the latest filing, never a final close.
Investment team
17 current, 1 departed
Frank Adams
Founder or executiveRetired Founder
Frank Anthony Adams
Founder or executiveExecutive Chairman, General Partnerof Grotech Ventures Iii, Llc · since Jun 1, 2015
Charles Patrick Cullen
General partnerGeneral Partner And Member Of Grotech Ventures Iv, Llc · since Jun 1, 2021
Chuck Cullen
General partnerGeneral Partner, Chief Operating Officer and Chief Financial Officer
ccullen@grotech.com (published by the subject)FactVenture organization websites (about, team, portfolio, thesis, news pages)
Donald James Rainey
General partnerRetired General Partner And Member Of Grotech Ventures Iii, Llc · since Jun 1, 2015
Donald Lawson Devries
General partnerGeneral Partner And Member Of Grotech Ventures Iv, Llc · since Jun 1, 2021
Julia Inger Taxin
General partnerGeneral Partner And Member Of Grotech Ventures Iv, Llc · since Jun 1, 2021
Stephen Martin Fredrick
General partnerGeneral Partner And Member Of Grotech Ventures Iv, Llc · since Jun 1, 2021
Steve Fredrick
General partnerGENERAL PARTNER
sfredrick@grotech.com (published by the subject)FactVenture organization websites (about, team, portfolio, thesis, news pages)
Dennis J. Shaughnessy
PartnerRetired Member Of Grotech Capital Group Vi, Llc · since Sep 1, 1999
Harris Hyman
PartnerRetired Member Of Grotech Capital Group Vi, Llc · since Apr 1, 2003
Joseph Ronald Zell
PartnerRetired Member Of Grotech Ventures Iii, Llc · since Jun 1, 2015
Patrick John Kerins
PartnerRetired Member Of Grotech Capital Group Vi, Llc · since Sep 1, 1999
Stuart David Frankel
PartnerRetired Member Of Grotech Capital Group Vii, Llc · since Jul 1, 2007
Meghan Pfeifer
Platform and operationsVICE PRESIDENT, FINANCE
Sharon Gogol
Platform and operationsVICE PRESIDENT, CONTROLLER
Julia Taxin
Venture partnerVENTURE PARTNER
jtaxin@grotech.com (published by the subject)FactVenture organization websites (about, team, portfolio, thesis, news pages)
1 departed (kept with end dates)
- Deborah Ann Smeltzer · Member Of Grotech Capital Group, Inc. · Aug 1, 1988 to Mar 24, 2016 Inference
Investments on record
81 edges, 80 companies, 0 partner-attributed
“This investor” is the amount disclosed for this investor alone; it is unknown unless a source said it. The round size is the whole round.
Co-investors
40 relationships from shared deals, counted for the whole firm
Rally Ventures Management, LLC 8 shared · very strongAccess Venture Partners Denver, CO 4 shared · strongSJF Management LLC 3 shared · recurringOpen Opportunity Management, LLC 2 shared · recurringSwan & Legend 2 shared · recurringGlasswing Ventures, LLC 2 shared · recurringRackhouse Venture Management LP 1 shared · one timeSigma Partners 1 shared · one timeVitalizevc Management, LLC 1 shared · one timeGreat North Ventures 1 shared · one timeSpero Management Company, LLC 1 shared · one timeTransform Capital 1 shared · one timeClearsky Advisors LLC 1 shared · one timeChartline Capital Partners 1 shared · one timeLeap Global Partners 1 shared · one timeActivate Capital Partners 1 shared · one timeRipple Manager Inc. 1 shared · one timeKickstart Capital, LLC 1 shared · one timeVolition Capital LLC 1 shared · one timeFirstmile Ventures, LLC 1 shared · one timeOCA Ventures, LLC 1 shared · one timeMK Capital Company 1 shared · one timePortfolia Venture Management, LLC 1 shared · one timeNEW Climate Ventures Management, LLC 1 shared · one timeSapphire Ventures, LLC 1 shared · one timeTask Force X Capital Management, LLC 1 shared · one timeTIA Ventures Management, LLC 1 shared · one timePAX Momentum 1 shared · one timeLeadout Capital Management, LLC 1 shared · one timeNrv 1 shared · one timeModerne Capital, LP 1 shared · one timeTeamworthy Group LLC 1 shared · one timeNext Frontier Capital Mc, LLC 1 shared · one timeCamden Partners Growth Equity 1 shared · one timeDreamit Ventures 1 shared · one timeEmergence Equity Management, Inc 1 shared · one timeSection Partners 1 shared · one timeMotley Fool Ventures 1 shared · one timeDifferential Venture Partners, LLC 1 shared · one timeJMI Management, L.P. 1 shared · one time
Limited partners
0 disclosed
No LP commitment on record. An LP edge needs a public disclosure with a quote: a pension report (see Limited partners for the plans read), a fund announcement naming the LP, or a Form ADV owner. The fund page carries the LP’s reported performance.
Timeline
19 dated events
- Mar 30, 2023Grotech Ak Holdings, LLC first reported on Form ADV by Grotech Management Company (Venture Capital Fund), GAV $6,000,005Fund first reported on Form ADVFundsFactGrotech Ak Holdings, LLCSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 31, 2022Grotech Ventures IV, L.P. first reported on Form ADV by Grotech Management Company (Venture Capital Fund), GAV $110,230,336Fund first reported on Form ADVFundsFactGrotech Ventures IV, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Jan 1, 2019Julia Inger Taxin joined Schedule A of Grotech Management Company as Member Of Grotech Ventures Iii, Llc
- Mar 24, 2016Grotech III Pennsylvania Fund L.P. no longer reported on Form ADV by Grotech Management CompanyFund no longer reportedFundsInferenceGrotech III Pennsylvania Fund L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 24, 2016Grotech Partners III, L.P. no longer reported on Form ADV by Grotech Management CompanyFund no longer reportedFundsInferenceGrotech Partners III, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 24, 2016Grotech Partners V, L.P. no longer reported on Form ADV by Grotech Management CompanyFund no longer reportedFundsInferenceGrotech Partners V, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 24, 2016Grotech III Companion Fund, L.P. no longer reported on Form ADV by Grotech Management CompanyFund no longer reportedFundsInferenceGrotech III Companion Fund, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 24, 2016Grotech Ventures III, L.P. first reported on Form ADV by Grotech Management Company (Venture Capital Fund), GAV $146,663,709Fund first reported on Form ADVFundsFactGrotech Ventures III, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 24, 2016Deborah Ann Smeltzer (Member Of Grotech Capital Group, Inc.) no longer on Schedule A of Grotech Management Company
- Mar 24, 2016Grotech V Maryland Fund, L.P. no longer reported on Form ADV by Grotech Management CompanyFund no longer reportedFundsInferenceGrotech V Maryland Fund, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 29, 2012Grotech Partners III, L.P. first reported on Form ADV by Grotech Management Company (Venture Capital Fund), GAV $60,232Fund first reported on Form ADVFundsFactGrotech Partners III, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 29, 2012Grotech Ventures II, L.P. first reported on Form ADV by Grotech Management Company (Venture Capital Fund), GAV $189,204,785Fund first reported on Form ADVFundsFactGrotech Ventures II, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 29, 2012Grotech Partners VII, L.P. first reported on Form ADV by Grotech Management Company (Venture Capital Fund), GAV $363,029,480Fund first reported on Form ADVFundsFactGrotech Partners VII, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 29, 2012Grotech Partners V, L.P. first reported on Form ADV by Grotech Management Company (Venture Capital Fund), GAV $6,284,446Fund first reported on Form ADVFundsFactGrotech Partners V, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 29, 2012Grotech III Companion Fund, L.P. first reported on Form ADV by Grotech Management Company (Venture Capital Fund)Fund first reported on Form ADVFundsFactGrotech III Companion Fund, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 29, 2012Grotech V Maryland Fund, L.P. first reported on Form ADV by Grotech Management Company (Venture Capital Fund), GAV $104,323Fund first reported on Form ADVFundsFactGrotech V Maryland Fund, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 29, 2012Grotech Partners VI, L.P. first reported on Form ADV by Grotech Management Company (Venture Capital Fund), GAV $109,669,464Fund first reported on Form ADVFundsFactGrotech Partners VI, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 29, 2012Grotech III Pennsylvania Fund L.P. first reported on Form ADV by Grotech Management Company (Venture Capital Fund)Fund first reported on Form ADVFundsFactGrotech III Pennsylvania Fund L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 29, 2012Grotech Management Company first filed Form ADV (ERA, venture capital fund adviser exemption)First SEC adviser filingOrganizationFactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Classification history
- Sep 15, 2026Institutional venture firm (confirmed, 95%, cls-1)venture manager, reported GAV $415M across 6 vehicles
- Sep 12, 2026Institutional venture firm (confirmed, 95%, cls-1)venture manager, reported GAV $414M across 5 vehicles
Evidence
56 observations from 3 sources