U Grok It Overview
- Year Founded
-
2011
- Status
-
Acquired/Merged
- Employees
-
6
- Latest Deal Type
-
M&A
U Grok It General Information
Description
Provider of Smartphone RFID platform designed to help businesses to 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(Operating Subsidiary)
Corporate Office
- 24 5th Street, Unit C
- PO Box 770852
- Steamboat Springs, CO 80477-0852
- United States
Corporate Office
- 24 5th Street, Unit C
- PO Box 770852
- Steamboat Springs, CO 80477-0852
- United States
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 | $200K | Completed | Startup |
U Grok It Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate ($) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series AA2 | ||||||||
| Series AA1 |
U Grok It Patents
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
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
U Grok It Former Investors (14)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Dan Shapiro | Angel (individual) | Minority | ||
| David Williams | Angel (individual) | Minority | ||
| Forefront Venture Partners | Venture Capital | Minority | ||
| Foundry Group | Venture Capital | Minority | ||
| Jason Seats | Angel (individual) | Minority |
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?
Dan Shapiro, David Williams, Forefront Venture Partners, Foundry Group, and Jason Seats are 5 of 14 investors who have invested in 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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