Grommet Overview
- Year Founded
-
2008

- Status
-
Acquired/Merged
- Employees
-
85

- Latest Deal Type
-
M&A
Grommet General Information
Description
Provider of a product launch platform designed to vend undiscovered products and help them succeed. The company's website discovers, evaluates, and selects products across various categories and amplifies them to its community by telling the stories behind each product, enabling inventors, entrepreneurs, and small businesses to launch innovative consumer products.
Contact Information
Website
www.thegrommet.com(Operating Subsidiary)
Corporate Office
- 87 Elmwood Street
- Somerville, MA 02144
- United States
Corporate Office
- 87 Elmwood Street
- Somerville, MA 02144
- United States
Grommet Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
7. Merger/Acquisition | 01-Oct-2022 | Completed | Generating Revenue | |||
6. Merger/Acquisition | 03-Oct-2017 | Completed | Generating Revenue | |||
5. Corporate | 14-May-2013 | Completed | Generating Revenue | |||
4. Early Stage VC (Series B) | 01-Aug-2012 | Completed | Generating Revenue | |||
3. Early Stage VC | 05-Jan-2011 | Completed | Generating Revenue | |||
2. Early Stage VC (Series A) | 15-Apr-2010 | $3.4M | $3.4M | Completed | Generating Revenue | |
1. Accelerator/Incubator | 01-Jan-2008 | Completed | Startup |
Grommet Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
Series A |
Grommet Signals
Grommet Former Investors (10)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
---|---|---|---|---|
Ace Hardware | Corporation | Majority | ||
Golden Seeds | Venture Capital | Minority | ||
Jean Hammond | Angel (individual) | Minority | ||
John Landry | Angel (individual) | Minority | ||
LaunchCapital | Venture Capital | Minority |
Grommet FAQs
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When was Grommet founded?
Grommet was founded in 2008.
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Where is Grommet headquartered?
Grommet is headquartered in Somerville, MA.
-
What is the size of Grommet?
Grommet has 85 total employees.
-
What industry is Grommet in?
Grommet’s primary industry is Information Services (B2C).
-
Is Grommet a private or public company?
Grommet is a Private company.
-
What is Grommet’s current revenue?
The current revenue for Grommet is
. -
How much funding has Grommet raised over time?
Grommet has raised $5.33M.
-
Who are Grommet’s investors?
Ace Hardware, Golden Seeds, Jean Hammond, John Landry, and LaunchCapital are 5 of 10 investors who have invested in Grommet.
-
When was Grommet acquired?
Grommet was acquired on 01-Oct-2022.
-
Who acquired Grommet?
Grommet was acquired by GiddyUp Group.
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