Groov Overview
- Year Founded
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2020
- Status
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Private
- Employees
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5
- Latest Deal Type
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Seed
- Latest Deal Amount
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$1.95M
- Investors
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3
Groov General Information
Description
Developer of an automation infrastructure designed for embedded business finance. The company's platform assists business leaders in connecting to customers' financial data, underwriting credit offers, and managing repayments, enabling businesses to generate a new revenue stream from their small business customers.
Contact Information
Website
www.wearegroov.ioCorporate Office
- 19 Craigcrook Road
- Edinburgh EH4 3NQ
- Scotland, United Kingdom
Corporate Office
- 19 Craigcrook Road
- Edinburgh EH4 3NQ
- Scotland, United Kingdom
Groov Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 2. Seed Round | 08-Nov-2024 | $1.95M | Completed | Generating Revenue | ||
| 1. Seed Round | 28-Jun-2022 | Completed | Generating Revenue |
Groov Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| A Ordinary | ||||||||
| Ordinary | ||||||||
| Ordinary | ||||||||
| Ordinary | 5,328 | $0.012994 | $18.28 | $18.28 | 1x | $18.28 | 1.81% | |
| Ordinary | 8,884 | $0.012994 | $7.31 | $7.31 | 1x | $7.31 | 3.01% |
VC Exit Predictor
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Opportunity Score
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Exit Type
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Groov Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
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Verticals
Groov Patents
Groov Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-20240358120-A1 | Methods, apparatuses, and systems for generating insoles | Pending | 26-Apr-2023 | ||
| US-20260248239-A1 | Methods, apparatuses, and systems for generating insoles | Pending | 26-Apr-2023 |
Groov Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Groov Investors (3)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Aperture | Venture Capital | Minority | ||
| Fuel Ventures | Venture Capital | Minority | ||
| Accident Compensation Corporation | Limited Partner | Minority |
Groov FAQs
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When was Groov founded?
Groov was founded in 2020.
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Where is Groov headquartered?
Groov is headquartered in Edinburgh, United Kingdom.
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What is the size of Groov?
Groov has 5 total employees.
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What industry is Groov in?
Groov’s primary industry is Financial Software.
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Is Groov a private or public company?
Groov is a Private company.
-
What is the current valuation of Groov?
The current valuation of Groov is .
-
What is Groov’s current revenue?
The current revenue for Groov is .
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How much funding has Groov raised over time?
Groov has raised $2.31M.
-
Who are Groov’s investors?
Aperture, Fuel Ventures, and Accident Compensation Corporation have invested in Groov.
Data Transparency
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