TernPro's $395K Seed Round to Push Collaboration Software to Market

Funding Rounds

Summary

TernPro, the Detroit-based startup developing collaboration software called Slope, announced this week that it has closed on a round of seed funding worth $395,000. Slope’s investors include Bizdom, Venture for America, and angels based in Michigan, New York, and Ohio. Microsoft’s Azure Media Services is a really good ecosystem for companies working in media, and their developers helped us refine our infrastructure.” TernPro was originally conceived in 2014 to help businesses create and manage video content, and the company was first incubated soon after its inception at the Bizdom accelerator in Detroit. “It was a nightmare to do revisions, collaborate, or share notes,” Bosche told Xconomy in an interview earlier this year. The TernPro team members already in Seattle will stay there after the accelerator program ends on July 10, though Bosche said the company’s headquarters will remain in Detroit.

$ Funding

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Amount $395.0K Total raised
Date March 31, 2015 Announcement date
Investors Microsoft Accelerator, Bizdom, Microsoft Ventures Lead investors
Company http://www.goslope.com Funded company

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$1M to $5M
Microsoft
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