GrocerKey Overview
- Founded
-
2014

- Status
-
Acquired/Merged
- Employees
-
55

- Latest Deal Type
-
M&A
- Latest Deal Amount
-
$42M
- Investors
-
1
GrocerKey General Information
Description
Provider of eCommerce technology to help grocery retailers modernize their business. The company's platform helps to oversee operations, merchandise products and create store-level settings, enabling grocery retailers to have control of their customers, track order fulfillment, and delivery infrastructure, which in turn results in profitable eCommerce.
Contact Information
Website
www.grocerkey.com
Ownership Status
Acquired/Merged
(Operating Subsidiary)
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Primary Industry
Business/Productivity Software
Other Industries
Media and Information Services (B2B)
Application Software
Parent Company
Primary Office
- 821 East Washington Avenue
- 2nd Floor
- Madison, WI 53703
- United States
+1 (608) 000-0000
GrocerKey Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
9. Merger/Acquisition | 26-Aug-2021 | $42M | 00.000 | 0000 | Completed | Generating Revenue |
8. Later Stage VC | 03-Feb-2021 | 00.00 | 00.000 | Completed | Generating Revenue | |
7. Later Stage VC (Series AA) | 20-Nov-2020 | 00.000 | 00.000 | 000.00 | Completed | Generating Revenue |
6. Debt - PPP | 09-Apr-2020 | 00000 | 00.000 | Completed | Generating Revenue | |
5. Early Stage VC (Series AA) | 10-Apr-2018 | 00.00 | 00.000 | 00.00 | Completed | Generating Revenue |
4. Early Stage VC (Series AA) | 06-Jan-2017 | 00000 | 00.000 | 00.00 | Completed | Generating Revenue |
3. Seed Round | 12-Aug-2015 | 0000 | 00000 | 00.000 | Completed | Startup |
2. Seed Round | 27-May-2015 | $621K | $641K | 00.000 | Completed | Startup |
1. Accelerator/Incubator | 06-Feb-2015 | $20K | $20K | Completed | Startup |
GrocerKey Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
Series AA-2 | 0,000,000 | 00.000000 | 00.0 | 00.0 | 00 | 00.0 | 00.000 | |
Series AA-1 | 0,000,000 | 00.000000 | 00.00 | 00.00 | 00 | 00.00 | 00.000 | |
Series AA | 2,129,340 | $0.001000 | $0.37 | $0.37 | 1x | $0.37 | 13.66% |
GrocerKey Comparisons
Description
Primary
Industry
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Financing
Details
Provider of eCommerce technology to help grocery retailers modernize their business. The company's platform helps to ove
Business/Productivity Software
Madison, WI
55
As of 2021
00.000
000
0000-00-00
000000&0
00.000
GrocerKey Competitors (11)
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Dumpling | Venture Capital-Backed | Seattle, WA | 00 | 00.00 | 00000000000 | 00.00 |
00000000 000000000 | Corporation | Toronto, Canada | 000 | |||
00000000 | Corporate Backed or Acquired | Provo, UT | 00 | 0000 | 000000&0 | 0000 |
0000000 | Venture Capital-Backed | Boston, MA | 00 | 00.000 | 00000000000 | 00.000 |
0000000 | Formerly VC-backed | Rochester, NY | 00 | 000000&0 |
GrocerKey Executive Team (12)
Name | Title | Board Seat | Contact Info |
---|---|---|---|
Zack Neren | Chief Financial Officer | ||
Ronak Sheth | Executive Advisor & Board Member | ||
Joe Kirgues JD | Advisor | ||
Troy Vosseller JD | Advisor | ||
Jefferson Myers | Strategic Advisor |
GrocerKey Board Members (6)
Name | Representing | Role | Since |
---|---|---|---|
Matthew Gutermuth | Self | Chairman | 000 0000 |
Ronak Sheth | Self | Executive Advisor & Board Member | 000 0000 |
GrocerKey Signals
GrocerKey Former Investors (13)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
---|---|---|---|---|---|
Angels on the Water | Angel Group | Minority | 000 0000 | 000000 0 | |
BrightStar Wisconsin Foundation | Venture Capital | Minority | 000 0000 | 000000 0 | |
Comeback Capital | Venture Capital | Minority | 000 0000 | 000000 0 | |
Mark Bakken | Angel (individual) | Minority | 000 0000 | 000000 0 | |
Mercury Marketing Capital | Venture Capital | Minority | 000 0000 | 000000 0 |