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Atlanta based provider of digital growth solutions for banks and credit unions Gro Solutions has raised $4.25m in venture funding led by TTV Capital. Gro Solutions exists to enhance the customer acquisition process for banks and credit unions.
“Invest Georgia is thrilled to see TTV Capital’s leadership bringing together multiple Georgia-based institutional investors into a local company that operates in fintech, one of the fastest growing, most innovative industries in the State of Georgia,” said Knox Massey, executive director of Invest Georgia. Gro Solutions has experienced rapid growth over the past year, including a more than 500% increase in its customer base. With this investment, the company will ramp up research and development into the next generation of frictionless customer experience, while improving security and compliance. Gro also plans to relocate its corporate headquarters to Midtown Atlanta’s growing fintech community. “TTV Capital is looking forward to working with the Gro team to provide bank customers the kind of checkout experience they are used to from e-Commerce and mobile commerce companies,” said Sean Banks, partner, TTV Capital.
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