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The Grosvenor Funds

Company

Investment-firm

Financing round

General

About Company
The Grosvenor Funds is a venture capital firm that invests in early and expansion-stage companies.

Industry

Sector :

Subsector :

Keywords :

Number of employees

IPO status

Private

Description

Based in Washington, D.C., the firm focuses on companies with a sustainable competitive advantage, large markets, and a clear business plan to become cash flow positive within 18 to 24 months. They occasionally provide seed or very early stage financing in exceptional situations, particularly for entrepreneurs who have demonstrated past success or unusual creativity. Some of their portfolio companies include Informous, GetWellNetwork, Inc., Portero, DoublePositive, mBeat Media, Three Stage Media, Omeros, Magnolia Broadband, and DoublePositive.
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Financials

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Date 
name 
Lead 
type 
Raised 
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No
$10M
19.02.2009
No
$6.6M
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People

Founders
2
Bruce B. Dunnan
Bruce B. Dunnan

Bruce B. Dunnan

Bruce brings a successful career as a portfolio manager and investment advisor to Grosvenor. Prior to co-founding the Grosvenor Funds, Mr. Dunnan was President of Dunnan Securities Advisors, Inc., an investment advisory firm based in Washington, D.C. He began his career at the First National Bank of Atlanta before moving to Washington where he worked ten years at Alex Brown & Sons. Immediately prior to founding Dunnan Securities, he was a Senior Vice President of Investments with Dean Witter Reynolds. Over the past 13 years Bruce and his partners have made over 60 venture capital investments. Bruce is involved in numerous civic activities, including prior service as Chairman of St. Albans School and Board Member for the Episcopal Children's Center and the Columbia Hospital for Women. Currently he is on the Board of the Medical University of South Carolina. Bruce graduated from Washington & Lee University in 1976 and the University of North Carolina School of Business (Chapel Hill) in 1978. Mr. Dunnan sits on the Board of GetWellNetwork.

current job

The Grosvenor Funds
The Grosvenor Funds

Bruce B. Dunnan

Douglas Dunnan
Douglas Dunnan

Douglas Dunnan

Doug is a Managing Partner of The Grosvenor Funds, which he co-founded in 1994. Grosvenor is currently investing its fourth fund targeting early-stage, IP protected technologies addressing large market opportunities, with an East Coast geographic focus. Over the past 13 years Doug and his partners have made over 60 venture capital investments. Prior to co-founding Grosvenor, Doug spent 10 years at Salomon Brothers. After six years in corporate finance covering technology and media companies, Doug spent two years on the Chairman's strategic planning staff. Then during his final two years at Salomon, Doug headed the private placement of equity, where he developed a network of participants in the private capital markets and oversaw numerous private equity financings. Doug graduated from Cornell University, Harvard Law School and the University of Chicago Business School. Doug also practiced law with the Kirkland & Ellis venture group in Chicago from 1980 to 1982.

current job

The Grosvenor Funds
The Grosvenor Funds

Douglas Dunnan

Employee Profiles
4
C. Bowdoin Train

C. Bowdoin Train

Managing Partner

Bruce B. Dunnan

Bruce B. Dunnan

Co-Founder

Douglas Dunnan

Douglas Dunnan

Co-Founder & Managing Partner

Activity

Recent News
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