Grata Raises $3.2M Seed Led by Bling Capital

Grata, a search engine designed for discovering small to middle market private companies, has raised $3.2M in Seed funding, with Bling Capital leading the round. The company is based in New York.

Other investors participating in the funding round include Accomplice and Alumni Ventures Group. The funds will be utilized to enhance Grata's proprietary search engine technology, accelerate the development of its products, and expand its engineering and sales teams.

Founded in 2016, Grata aims to provide a vital resource for business professionals across various fields such as private equity, investment banking, and recruiting. The platform is central to helping these professionals easily discover relevant companies. To date, over 100 customers have successfully executed transactions exceeding $1 billion with firms located through Grata.

Grata utilizes Natural Language Processing (NLP) and web crawling technologies to address the challenges of accessing information about small and mid-sized businesses, which often face difficulties in being discovered due to inadequate search tools. This automated platform eliminates the hours of manual research typically required, benefiting business development in an underserved market significantly impacted by economic fluctuations.

Andrew Bocskocsky, CEO and co-founder, emphasized the transformative potential of Grata, stating, "A few years from now, using Grata to find companies will be like using Yelp to find good restaurants." He highlighted the commitment to addressing the issues related to the incomplete and subjective information existing in the current data sources.

With the recent funding acquisition, Grata plans to aggressively expand its data sources to encompass elements like job postings, enabling users to gain insights into hiring trends and company spending, which will serve as valuable intelligence for recruiters and vendors alike.

Company	Grata
Round	Seed
Amount	$3.2M
Lead Investor	Bling Capital
Investors	Accomplice, Alumni Ventures Group
Founders	Andrew Bocskocsky (CEO, Co-Founder), Nevin Raj
Sectors	Healthcare, Technology