Brown Advisory secured $13.7M in a funding round to support its growth initiatives in Baltimore.
Mar 20, 2024•over 1 year ago
Amount Raised
$13.7 Million
Round Type
series a
Investors
Brown Advisory
Description
Brown Advisory secured a total funding of $13.7 million, consisting of $10.8 million and an additional $2.9 million, according to SEC filings. The specific plans for the new funding are yet to be confirmed.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech