Congratulations to Groundspeed Analytics, Inc. which recently announced a $30 million Series B funding round led by Oak HC/FT. Groundspeed is an Ann Arbor based insurance technology firm that uses artificial intelligence to provide metrics to insurance companies to help them more efficiently price risk.
Taft's Venture Capital practice group in Ann Arbor, Mich. has served as legal counsel for Groundspeed since inception and is proud to have represented Groundspeed during its recent Series B funding round. “It has been a tremendous privilege for us to work with Groundspeed and watch them continually grow and lead innovation in their market,” says Tom Stasi, senior attorney in Taft’s Ann Arbor office. Since opening in 2015, Taft has become an active partner in the Ann Arbor and Detroit communities and a proud supporter of the region’s entrepreneurs, investors and key stakeholders.