U Grok It Overview

  • Year Founded
  • 2011

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 6

Employees

  • Latest Deal Type
  • M&A

U Grok It General Information

Description

Provider of a smartphone RFID platform designed to help businesses leverage the power and benefits of RFID with an efficient and affordable reader and flexible development tools. The company's RFID platform helps to find missing items that have been tagged with radio-frequency labels, enabling businesses to uniquely identify and track items and track attributes for tagged items.

Contact Information

Website
www.ugrokit.com
Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Corporate Office
  • 24 5th Street, Unit C
  • PO Box 770852
  • Steamboat Springs, CO 80477-0852
  • United States
Primary Industry
Wireless Communications Equipment
Other Industries
Other Communications and Networking
Parent Company
Turck Australia Pty Ltd.
Vertical(s)
TMT, Internet of Things
Corporate Office
  • 24 5th Street, Unit C
  • PO Box 770852
  • Steamboat Springs, CO 80477-0852
  • United States

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U Grok It Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
5. Merger/Acquisition 10-Apr-2017 Completed Generating Revenue
4. Accelerator/Incubator 08-Feb-2016 Completed Startup
3. Grant 08-May-2015 Completed Startup
2. Seed Round 05-May-2014 $600K $800K Completed Startup
1. Seed Round 29-Mar-2013 $200K $200K Completed Startup
To view U Grok It’s complete valuation and funding history, request access »

U Grok It Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate ($) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Series AA2
Series AA1
To view U Grok It’s complete cap table history, request access »

U Grok It Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Provider of a smartphone RFID platform designed to help businesses leverage the power and benefits of RFID with an effic
Wireless Communications Equipment
Steamboat Springs, CO
6 As of 2016

Viareggio, Italy
 
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U Grok It Competitors (1)

One of U Grok It’s competitors is CAEN RFID, a Corporate Backed or Acquired company based in Viareggio, Italy.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
CAEN RFID Corporate Backed or Acquired Viareggio, Italy
You’re viewing 1 of 1 competitors. Get the full list »

U Grok It Patents

  • 1

    Total Documents Applications and Grants

  • Total Patents Families

  • Granted

  • Pending

  • Expiring in next 12 mo

U Grok It Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20140009291-A1 System and user interface for finding multiple items using radio-frequency identification Inactive 04-Jul-2012

U Grok It Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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U Grok It Former Investors (14)

Investor Name Investor Type Holding Investor Since Participating Rounds
Angel (individual) Minority
Angel (individual) Minority
Forefront Venture Partners Venture Capital Minority
Foundry Group Venture Capital Minority
Angel (individual) Minority
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U Grok It FAQs

  • When was U Grok It founded?

    U Grok It was founded in 2011.

  • Where is U Grok It headquartered?

    U Grok It is headquartered in Steamboat Springs, CO.

  • What is the size of U Grok It?

    U Grok It has 6 total employees.

  • What industry is U Grok It in?

    U Grok It’s primary industry is Wireless Communications Equipment.

  • Is U Grok It a private or public company?

    U Grok It is a Private company.

  • What is U Grok It’s current revenue?

    The current revenue for U Grok It is .

  • How much funding has U Grok It raised over time?

    U Grok It has raised $800K.

  • Who are U Grok It’s investors?

    , , Forefront Venture Partners, Foundry Group, and are 5 of 14 investors who have invested in U Grok It.

  • Who are U Grok It’s competitors?

    CAEN RFID is a competitor of U Grok It.

  • When was U Grok It acquired?

    U Grok It was acquired on 10-Apr-2017.

  • Who acquired U Grok It?

    U Grok It was acquired by Turck Australia Pty Ltd..

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