Groove X Overview
- Year Founded
-
2015
- Status
-
Private
- Employees
-
105
- Latest Deal Type
-
Buyout/LBO
- Investors
-
1
Groove X General Information
Description
Developer of household robots designed to substitute daily human work. The company's robots are specifically created to accompany people at an emotional level and offer feelings of warmth, enabling users to receive emotional support in an environment where the aging of society, nuclear families, and dual-income families have become an issue.
Contact Information
Website
www.groove-x.comCorporate Office
- Sumitomo Realty & Development Hamacho Building
- 3-42-3 Nihonbashi Hamacho, Chuo-ku
- Tokyo, 103-0007
- Japan
Corporate Office
- Sumitomo Realty & Development Hamacho Building
- 3-42-3 Nihonbashi Hamacho, Chuo-ku
- Tokyo, 103-0007
- Japan
Groove X Timeline
Groove X Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 7. Buyout/LBO | 15-Mar-2022 | Completed | Generating Revenue | |||
| 6. Secondary Transaction - Private | 01-Apr-2021 | Completed | Generating Revenue | |||
| 5. Later Stage VC (Series B3) | 20-Jan-2021 | Completed | Generating Revenue | |||
| 4. Later Stage VC | 25-Feb-2020 | Completed | Generating Revenue | |||
| 3. Accelerator/Incubator | Completed | Generating Revenue | ||||
| 2. Early Stage VC (Series A) | 04-Dec-2017 | $38.6M | $52.4M | Completed | Generating Revenue | |
| 1. Seed Round | 01-Sep-2016 | $13.8M | $13.8M | Completed | Generating Revenue |
Groove X Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| B3 preferred | ||||||||
| B2 preferred | ||||||||
| B preferred | ||||||||
| A3 Preferred | ||||||||
| A2 Preferred | 313,494 | $35.82 | $35.82 | 1x | $35.82 | 6.49% | ||
| A1 Preferred | 149,243 | $15.21 | $15.21 | 1x | $15.21 | 3.09% |
Groove X Comparisons
Industry
Financing
Details
Groove X Competitors (5)
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Furhat Robotics | Venture Capital-Backed | Stockholm, Sweden | ||||
| Labrador (Electronics) | Venture Capital-Backed | Calabasas, CA | ||||
| SoftBank Robotics | Formerly VC-backed | Tokyo, Japan | ||||
| Blue Frog (Electronic Equipment and Instruments) | Venture Capital-Backed | Paris, France | ||||
| Robart | Venture Capital-Backed | Linz, Austria |
Groove X Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
-
Verticals
Groove X Patents
Groove X Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| JP-7414299-B2 | Feature data setting device, robot, terminal device, and feature data setting method | Active | 04-Apr-2019 | ||
| JP-2024038028-A | Feature data setting device, robot, terminal device, and feature data setting method | Pending | 04-Apr-2019 | ||
| US-20210362345-A1 | Robot, and outer skin thereof | Pending | 19-Feb-2019 | ||
| JP-WO2020171120-A1 | Robot and its outer skin | Active | 19-Feb-2019 | ||
| JP-7537760-B2 | Robots and their skins | Active | 19-Feb-2019 | B25J11/0015 |
Groove X Executive Team (1)
| Name | Title | Board Seat |
|---|---|---|
| Hayashi Kaname | Founder, President, Chief Executive Officer & Board Member |
Groove X Board Members (4)
| Name | Representing | Role | Since |
|---|---|---|---|
| Hayashi Kaname | Groove X | Founder, President, Chief Executive Officer & Board Member | |
| Nobuaki Kurumatani | Self | Board Member | |
| Ryo Oshima | Innovation Network Corporation of Japan | Board Member | |
| Takaki Demichi | SPARX Group Company | Board Member |
Groove X Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Groove X Investors (1)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Maezawa Fund | Venture Capital | Majority |
Groove X FAQs
-
When was Groove X founded?
Groove X was founded in 2015.
-
Who is the founder of Groove X?
Hayashi Kaname is the founder of Groove X.
-
Who is the CEO of Groove X?
Hayashi Kaname is the CEO of Groove X.
-
Where is Groove X headquartered?
Groove X is headquartered in Tokyo, Japan.
-
What is the size of Groove X?
Groove X has 105 total employees.
-
What industry is Groove X in?
Groove X’s primary industry is Recreational Goods.
-
Is Groove X a private or public company?
Groove X is a Private company.
-
What is Groove X’s current revenue?
The current revenue for Groove X is .
-
How much funding has Groove X raised over time?
Groove X has raised $123M.
-
Who are Groove X’s investors?
Maezawa Fund has invested in Groove X.
-
Who are Groove X’s competitors?
Furhat Robotics, Labrador (Electronics), SoftBank Robotics, Blue Frog (Electronic Equipment and Instruments), and Robart are competitors of Groove X.
Data Transparency
-
Meet our data hygiene team
Discover how our experts ensure you’re getting the most accurate financial data in the industry.
Read blog » -
How PitchBook sources data
Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.
Discover our process »
