Roundpegg raises $485,000

BOULDER – Software startup RoundPegg Inc. has raised $485,000 in a bridge round of funding intended to get the company through to a more substantial Series B round later this year.

RoundPegg chief executive Kevin Grauman, hired in January to help shepherd the company’s growth, said Access Venture Partners, Point B Capital and Dundee Capital, which all led RoundPegg’s $2.8 million Series A round last fall, have participated in the bridge round. Grauman said $485,000 is just the first tranche of the $750,000 bridge offering.

Boulder-based RoundPegg, founded in 2009, provides a software platform that helps businesses manage company culture, integrate acquired companies and hire employees who are good cultural fits for the organization.

RoundPegg, a privately held company that doesn’t disclose revenue, employs 17 people at its downtown office.

Grauman said he anticipates additional financing later this year will help scale the company, which already counts companies like Microsoft, Nike and Ebay as clients.

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