Technology

Gryphon Investors backs data and AI company phData

As part of the transaction, the company’s management team, including CEO Ryan Bosshart, will retain a significant equity stake in phData.

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  • PhData represents Gryphon’s fourth platform investment in a technology solutions & services company
  • PhData was founded in 2014
  • Gryphon Investors backs the middle market

Gryphon Investors has made an investment in phData, a Minneapolis-based provider of modern data applications and AI solutions. No financial terms were disclosed.

The investment was used for a growth recapitalization of phData.

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