Groove Labs Overview

  • Year Founded
  • 2014

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 220

Employees

  • Latest Deal Type
  • M&A

Groove Labs General Information

Description

Developer of a sales engagement tool designed to assist in building relationships with customers. The company's tool provides services such as sales integration, campaign automation, sales analytics, and customer satisfaction, and eliminates the need for customer relationship management data entry by giving managers real-time visibility into activity levels and performance, enabling managers and revenue teams to be efficient and effective at finding, landing, renewing and expanding their revenue.

Contact Information

Website
www.groove.co
Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Corporate Office
  • 660 4th Street
  • Suite 684
  • San Francisco, CA 94107
  • United States
+1 (650)
Primary Industry
Business/Productivity Software
Other Industries
Media and Information Services (B2B)
Parent Company
Clari
Vertical(s)
SaaS, Marketing Tech, TMT
Corporate Office
  • 660 4th Street
  • Suite 684
  • San Francisco, CA 94107
  • United States
+1 (650)

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Groove Labs Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
7. Merger/Acquisition 20-Aug-2023 Completed Generating Revenue
6. Later Stage VC (Series B) 14-Oct-2021 Completed Generating Revenue
5. Later Stage VC (Series A) 07-May-2020 Completed Generating Revenue
4. Seed Round 03-May-2019 Completed Generating Revenue
3. Seed Round 15-Dec-2014 Completed Startup
2. Accelerator/Incubator 21-Jul-2014 $250K $278K Completed Startup
1. Accelerator/Incubator 10-Feb-2014 $28K $28K Completed Startup
To view Groove Labs’s complete valuation and funding history, request access »

Groove Labs Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate ($) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Series B
Series A1
Series A 5,197,881 $0.000010 $0.18 $2.22 $2.22 1x $2.22 14.34%
Seed 7,080,902 $0.000010 $0.06 $0.69 $0.69 1x $0.69 19.54%
To view Groove Labs’s complete cap table history, request access »

Groove Labs Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of a sales engagement tool designed to assist in building relationships with customers. The company's tool pro
Business/Productivity Software
San Francisco, CA
220 As of 2023

Seattle, WA
 

San Diego, CA
 
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Groove Labs Competitors (60)

One of Groove Labs’s 60 competitors is Highspot, a Venture Capital-Backed company based in Seattle, WA.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Highspot Venture Capital-Backed Seattle, WA
Seismic (San Diego) Venture Capital-Backed San Diego, CA
People.ai Venture Capital-Backed San Francisco, CA
Agile CRM Corporation Dallas, TX
Pipedrive Private Equity-Backed New York, NY
You’re viewing 5 of 60 competitors. Get the full list »

Groove Labs Patents

  • 1

    Total Documents Applications and Grants

  • Total Patents Families

  • Granted

  • Pending

  • Expiring in next 12 mo

Groove Labs Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20160226811-A1 System and method for priority email management Inactive 30-Jan-2015

Groove Labs 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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Groove Labs Former Investors (9)

Investor Name Investor Type Holding Investor Since Participating Rounds
Alchemist Accelerator Accelerator/Incubator Minority
Capital One Ventures Corporate Venture Capital Minority
Citrix Startup Accelerator Accelerator/Incubator Minority
Knight & Bishop Venture Capital Minority
Level Equity Growth/Expansion Minority
You’re viewing 5 of 9 investors. Get the full list »

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Groove Labs FAQs

  • When was Groove Labs founded?

    Groove Labs was founded in 2014.

  • Where is Groove Labs headquartered?

    Groove Labs is headquartered in San Francisco, CA.

  • What is the size of Groove Labs?

    Groove Labs has 220 total employees.

  • What industry is Groove Labs in?

    Groove Labs’s primary industry is Business/Productivity Software.

  • Is Groove Labs a private or public company?

    Groove Labs is a Private company.

  • What is Groove Labs’s current revenue?

    The current revenue for Groove Labs is .

  • How much funding has Groove Labs raised over time?

    Groove Labs has raised $60.8M.

  • Who are Groove Labs’s investors?

    Alchemist Accelerator, Capital One Ventures, Citrix Startup Accelerator, Knight & Bishop, and Level Equity are 5 of 9 investors who have invested in Groove Labs.

  • Who are Groove Labs’s competitors?

    Highspot, Seismic (San Diego), People.ai, Agile CRM, and Pipedrive are some of the 60 competitors of Groove Labs.

  • When was Groove Labs acquired?

    Groove Labs was acquired on 20-Aug-2023.

  • Who acquired Groove Labs?

    Groove Labs was acquired by Clari.

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