G2 Crowd, a Chicago, IL-based business software review platform, secured $7m in Series A financing.
The round was led by Pritzker Group Venture Capital with participation from existing investors Chicago Ventures, Hyde Park Venture Partners, Chairman Godard Abel, G2 Crowd’s management team, Thomas Lehrman and Scott Dorsey. In conjunction with the funding, Adam Koopersmith, partner, Pritzker Group Venture Capital, is also joining the G2 Crowd board.
The company, which is backed by roughly $12m in venture capital, intends to use the funds to accelerate growth by hiring additional people to build out its buyer community.
Led by Tim Handorf, co-founder and CEO, G2 Crowd is a business software review platform that provides real-time insights based on peer reviews and social signals rather than on dated analyst opinions. The platform curently features 36,000+ in-depth user reviews on thousands of business software products.