Grover

company

About

Grover provides an online subscription platform intended for renting tech products.

  • 251 - 500

Details

Last Funding Type
Series B
Last Funding Money Raised
$29M
Industries
Consumer Electronics,E-Commerce,Rental,Subscription Service
Founded date
Apr 1, 2015
Number Of Employee
251 - 500
Operating Status
Active

Grover provides an online platform for renting tech products through monthly subscriptions. With Grover, subscribers get access to a wide range of over 3,000 tech products, including smartphones, laptops, virtual reality (VR) gear, wearables, and smart home appliances on a flexible monthly rental basis. Its service allows its users to keep, switch, buy, or return products depending on their individual needs and budget.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
5
$139M €61M
Grover has raised a total of $139M €61M in funding over 2 rounds. Their latest funding was raised on Apr 7, 2022 from a Series C round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Apr 7, 2022 Series C $110M 1 Detail
Jul 28, 2021 Series B $29M 1 Detail
Apr 13, 2021 Series B €45M 1 Detail
Apr 13, 2021 Debt Financing €15M 1 Kreos Capital Detail
Nov 3, 2015 Seed €1M 2 Detail

Investors

Number of Lead Investors
Number of Investors
1
4
Grover is funded by 4 investors. Kreos Capital and MiraeAsset Financial Group are the most recent investors.
Investor Name Lead Investor Funding Round
Kreos Capital Yes Debt Financing
MiraeAsset Financial Group Series C
Seedcamp Series B
Hannover Innovation Fund Seed