Aware Raises $60M in Series C Funding


Aware, a Columbus, Ohio-based enterprise-grade, collaboration governance platform making sense of human behavioral data, raised $60m in Series C funding.

The round was led by the Growth Equity business within Goldman Sachs Asset Management, with participation from previous investors including Spring Mountain Capital, Blue Heron Capital, Allos Ventures, Ohio Innovation Fund, JobsOhio and Rev1 Ventures, and continued support from Draper Triangle Ventures and JumpStart.

The company intends to use the funds to scale its AI-driven, human-centric SaaS solutions for collaboration governance and data insights.

Led by Jeff Schumann, CEO and Co-Founder, Aware provides an enterprise-grade collaboration governance platform making sense of human behavioral data for enterprise organizations deploying today’s collaboration and messaging platforms, including Slack, Microsoft Teams, Zoom, Yammer, Workplace from Facebook and more. The platform solves common challenges that legal, compliance, information security and IT departments face when rolling out collaboration, including archiving, monitoring, organization insights, DLP, eDiscovery, retention and legal holds. Aware is a Microsoft Gold Partner, Slack compliance partner and a Workplace by Facebook integration partner.

Its solutions are used by industry leaders across sectors, including AIG, AstraZeneca, BT Group, Memorial Health, MercadoLibre, Rivian, Sunlife Financial, and Wipro, among many others.

This capital raise follows a $12m Series B equity investment in December 2020, led by New York-based Spring Mountain Capital with participation from Blue Heron Capital, Allos Ventures, Draper Triangle Ventures, Ohio Innovation Fund, JumpStart, Rev1 Ventures and JobsOhio.