VidGrid

Saint Paul, United States Founded: 2012 • Age: 14 yrs Acquired By Paylocity
Video communication platform for multiple industreis

About VidGrid

VidGrid is a Technology company based in Saint Paul (United States) founded in 2012 by Nick Stokman, and was acquired by Paylocity in April 2020. Video communication platform for multiple industreis. VidGrid has raised $1.62 million across 4 funding rounds from investors including Paylocity, Techstars and Right Side Capital Management. The company has 11 employees. Its chief executive, as recorded, is Nick Stokman. Its website vidgrid.com draws about 58 thousand monthly visits. Its focus areas include Enterprise Applications, Enterprise Collaboration, Communication and Video Conferencing. Its legal entity is VIDGRID, INC. Its competitors include Twilio, RingCentral and Genesys; 3 of its 3 listed competitors have raised funding.

Company details

VidGrid offers a video communication platform for multiple industries. It allows users to schedule video calls, record videos, collect comments, manage suggestions and interact with employees, teams and customers. It helps users to sync, update and organize meetings. Some of its use cases include education, training, sales, customer support and for enterprises. Clients include ibotta, Nebraska, Trident, Mortenson, Informatica and Workfront. It offers a subscription-based pricing model.

  • Headquarters Saint Paul, United States
  • Employees 11
  • Founders Nick Stokman
  • Stage Acquired
  • Sectors
    Technology
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website vidgrid.com
  • Social LinkedIn X Facebook
  • Acquired by Paylocity (Apr 2020)
  • Legal Name Vidgrid, Inc.
Key Metrics
  • Total Equity Funding
    $1.62M (USD)

    in 4 rounds

  • Latest Funding Round
    $1.5M (USD), Seed

    Aug 2017

  • Investors
    Paylocity

    & 2 more

  • Employee Count
    11
  • Acquired by
    Paylocity

    (Apr 2020)

Funding Insights of VidGrid

VidGrid has successfully raised a total of $1.62M across 4 strategic funding rounds. The most recent funding activity was a Seed round of $1.5 million completed in August 2017. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $1.62M
  • Total Rounds 4
  • Last Round Seed β€” $1.5M
  • First Round $160,000

    (Nov 2014)

  • Investors Count 2

All 4 funding rounds of VidGrid with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Aug 2017$1.5MSeed––
–
Jun 2016$120,000Seed–Techstars
–
Jun 2015Seed–Right Side Capital Management
–
Nov 2014$160,000Debt – Conventional––
–
Valuation history

3 investors in total: 3 institutional.

Investors in VidGrid

VidGrid has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Paylocity, Techstars and Right Side Capital Management.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Startups are accelerated globally without sector restrictions through structured programs.
2006techstars.comNew York, United States
Pre-seed stage Micro VC firm investing in the US and Canada
rightsidecapital.comSan Francisco, United States
Cloud-based payroll and HR solutions are provided for businesses.
1997paylocity.comArlington Heights, United States
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Investor details for VidGrid

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People of VidGrid

218 people are tracked at VidGrid (49 in leadership, 169 in team); the tracked headcount is 11.

NameRoleGroup
Nick Stokman
Founder & CEOLeadership
Jarett Ehas
Associate Director Engineering - Engineering ExcellenceLeadership
Cyrus Mehta
Director, EngineeringLeadership
Nick Rost
Chief Accounting Officer & TreasurerLeadership
Andriy Striltschuk
Director Of EngineeringLeadership
Ruxandra Levy
Director Of EngineeringLeadership
Toby Williams
President & CEOLeadership
Amanda Hanson
Director Product ExperienceLeadership
Julie Mathers
VP of User ExperienceLeadership
Scott Jucovics
Senior Director Of EngineeringLeadership
Ryan Glenn
Chief Financial OfficerLeadership
Holly Fulp
Deputy CFO & Chief Strategy OfficerLeadership
Amber Livingston
VP, General CounselLeadership
Mukul Varma
Senior Director, Engineering & ProductLeadership
Martie Burris
Head Of Product, Marketplace And PlatformLeadership
Jimin Bhuptani
Director Of Product ManagementLeadership
Omar Ashrafi
Senior Director Of Product StrategyLeadership
Christine Pellini
VP, Product & TechnologyLeadership
Kurt Zarefoss
VP & Head of EngineeringLeadership
Tatiana Jordan
Senior Director UXLeadership

198 more people are available in the full profile.

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Complete people profiles for VidGrid

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Timeline of VidGrid

4 dated milestones of VidGrid across 8 years, from founding to its latest funding, stage changes and deals.

  1. Founded VidGrid is founded.
  2. Funding First funding round of $160K.
  3. Funding Latest funding round, Seed, of $1.5M.
  4. Exit Acquired by Paylocity.

Competitors of VidGrid

VidGrid has 3 listed competitors in our database, 3 of them funded. They include Twilio, RingCentral and Genesys.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
twilio.com2008San Francisco, United States$239.77M231
Cloud-based omnichannel communication and customer engagement platform is utilized.
ringcentral.com1999Belmont, United States$44M4,084
Cloud-based unified communication solutions are offered to diverse sectors.
genesys.com1990Daly, United States$2.98B651
Cloud-based omnichannel customer experience and contact center solutions are delivered.
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Detailed competitors of VidGrid

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  • Benchmarks
  • Competitive positioning

Verified entity values are shown only after access is granted.

Web traffic of VidGrid

The website of VidGrid (vidgrid.com) receives about 58K visits a month.

  • Monthly visits
    58K

    ▲ 14.6% vs previous month

Similar websites

Websites whose visitors overlap most with VidGrid. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
desmos.com
100%
23.2M#3,107View details

Top companies in Customer Experience & Support Software

3 companies that operate in the same segment as VidGrid (Customer Experience & Support Software) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Cloud-based omnichannel communication and customer engagement platform is utilized.
2008San Francisco, California, United StatesUSD 239.77 MUSD 5.07 B5,540
AI powered customer experience management software
2001Pleasanton, California, United StatesUSD 344.39 MUSD 477.22 M5,437
Cloud-based omnichannel customer experience and contact center solutions are delivered.
1990Daly City, California, United StatesUSD 3.01 B651
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Related news about Vidgrid

Paylocity acquires Vidgrid
Seekingalpha β€’ 6 years ago
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Frequently Asked Questions about VidGrid

VidGrid was founded in 2012 and raised its 1st funding round 2 years after it was founded.

VidGrid is headquartered in Saint Paul, United States. It is registered at Saint Paul, Minnesota, United States.

Nick Stokman is the CEO of VidGrid, as recorded in our data. They have also founded this company.

VidGrid is a funded company, having raised a total of $1.62M across 4 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $160K, raised on Nov 2014.

VidGrid has 11 employees.

VidGrid offers a video communication platform for multiple industries. It allows users to schedule video calls, record videos, collect comments, manage suggestions and interact with employees, teams and customers. It helps users to sync, update and organize meetings. Some of its use cases include education, training, sales, customer support and for enterprises. Clients include ibotta, Nebraska, Trident, Mortenson, Informatica and Workfront. It offers a subscription-based pricing model.

VidGrid's top competitors include Twilio, Genesys and RingCentral.

VidGrid has 3 investors. Key investors include Paylocity, Techstars, and Right Side Capital Management.

VidGrid operates through Vidgrid, Inc..

Yes. VidGrid was acquired by Paylocity in April 2020.

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