Grabango Overview
- Year Founded
-
2016
- Status
-
Out of Business
- Employees
-
100
- Latest Deal Type
-
Out of Business
- Investors
-
1
Grabango General Information
Description
Provider of a checkout-free technology designed to eliminate lines and save time. The company's technology uses computer vision technology and machine learning in existing brick-and-mortar stores by processing the interactions between people and products and identifying items as they are picked up, counting those items, and sending the receipt to the shopper's phone after they leave the store to deliver a seamless shopping experience, enabling clients to eliminate lines and make the payment process faster and easier.
Contact Information
Website
www.grabango.comCorporate Office
- 2105 Bancroft Way
- Berkeley, CA 94704
- United States
Corporate Office
- 2105 Bancroft Way
- Berkeley, CA 94704
- United States
Grabango Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 8. Out of Business | 09-Oct-2024 | Completed | Out of Business | |||
| 7. Later Stage VC | 30-Jan-2024 | Completed | Generating Revenue | |||
| 6. Secondary Transaction - Private | Completed | Generating Revenue | ||||
| 5. Secondary Transaction - Private | Completed | Generating Revenue | ||||
| 4. Later Stage VC (Series B) | 14-Nov-2022 | Completed | Generating Revenue | |||
| 3. Debt - PPP | 12-Apr-2020 | Completed | Generating Revenue | |||
| 2. Early Stage VC (Series B2) | 01-Jul-2019 | $5.9M | $24M | Completed | Generating Revenue | |
| 1. Early Stage VC (Series A) | 07-Jan-2019 | $18.1M | $18.1M | Completed | Generating Revenue |
Grabango Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series B4 | ||||||||
| Series B3 | ||||||||
| Series B1 | ||||||||
| Series B2 | ||||||||
| Series A3 | ||||||||
| Series A2 | 11,042,990 | $0.000010 | 8% | $0.36 | $0.36 | 1x | $0.36 | 8.46% |
| Series A1 | 17,388,850 | $0.000010 | 8% | $0.71 | $0.71 | 1x | $0.71 | 13.32% |
Grabango Comparisons
Industry
Financing
Details
Grabango Competitors (3)
One of Grabango’s 3 competitors is Trigo (Business/Productivity Software), a Venture Capital-Backed company based in Tel Aviv, Israel.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Trigo (Business/Productivity Software) | Venture Capital-Backed | Tel Aviv, Israel | ||||
| Zippin | Venture Capital-Backed | San Francisco, CA | ||||
| AiFi | Venture Capital-Backed | Burlingame, CA |
Grabango Patents
Grabango Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-20240144354-A1 | Dynamic store feedback systems for directing users | Inactive | 01-Sep-2022 | ||
| US-20230237431-A1 | Distributed device usage for planogram generation | Inactive | 24-Jan-2022 | ||
| WO-2023141654-A2 | Distributed device usage for planogram generation | Inactive | 24-Jan-2022 | ||
| WO-2023141654-A3 | Distributed device usage for planogram generation | Inactive | 24-Jan-2022 | ||
| US-20230297886-A1 | Cluster targeting for use in machine learning | Inactive | 29-Nov-2021 | G06N20/00 |
Grabango Signals
Grabango Investors (1)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Aramco Ventures | Corporate Venture Capital | Minority |
Grabango FAQs
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When was Grabango founded?
Grabango was founded in 2016.
-
Where is Grabango headquartered?
Grabango is headquartered in Berkeley, CA.
-
What is the size of Grabango?
Grabango has 100 total employees.
-
What industry is Grabango in?
Grabango’s primary industry is Other Services (B2C Non-Financial).
-
Is Grabango a private or public company?
Grabango is a Private company.
-
What is Grabango’s current revenue?
The current revenue for Grabango is .
-
How much funding has Grabango raised over time?
Grabango has raised $79.2M.
-
Who are Grabango’s investors?
Aramco Ventures has invested in Grabango.
-
Who are Grabango’s competitors?
Trigo (Business/Productivity Software), Zippin, and AiFi are competitors of Grabango.
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