Press Release

Ballard Spahr Advises Guru in $25 Million Series B Funding

December 13, 2018

A team of Ballard Spahr lawyers led by Partner Gregory L. Seltzer advised Guru Technologies, Inc., on a Series B financing round that raised $25 million, the company announced Wednesday.

Guru, a Philadelphia-based startup with a second office in San Francisco, serves hundreds of leading modern enterprises such as Shopify (NSYE: SHOP), Square (NYSE: SQ), Spotify (NYSE: SPOT), and Yext (NYSE: YEXT), as well as rapidly growing private companies such as BuzzFeed, Glossier, Intercom, and Thumbtack. Guru's technology unifies often-disperse knowledge within an organization and offers a way to verify the accuracy of the information. It empowers users with the knowledge they need to do their jobs in the moment, without having to open another app or browser window.

Thrive Capital led the Series B financing, with participation from existing investors Emergence Capital, FirstMark Capital, Slack Fund, and Michael Dell's MSD Capital.

Mr. Seltzer leads Ballard Spahr's Emerging Growth and Venture Capital Group. He represents startup companies, venture capital firms, private equity funds, and angel investors. He co-founded and leads the firm's widely recognized accelerator program for student startups, Ballard Academy for Student Entrepreneurs.

Other members of the Ballard Spahr team include Philadelphia-based Partners Brian Pinheiro, Meredith S. Dante, and Lynn Rzonca; Boulder, Colorado-based Partner Nathan Seiler; and Philadelphia-based Associate Kimberly W. Klayman.

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