Grabango

Sacramento, United States Founded: 2016 • Age: 10 yrs
App-based automated checkout solutions are provided for offline retailers.
Annual revenue - Latest available
Total funding $79.3M 4 rounds
Employees - Tracked headcount
Investors 8 Known backers
Products 1 Services tracked
Competitors 7 Brand Intelligence

About Grabango

Grabango is a company based in Sacramento (United States) founded in 2016 by Will Glaser. Grabango has raised $79.32 million across 4 funding rounds from investors including Commerce Ventures, Honeywell Ventures and WIND Ventures. Grabango offers products and services including Grabango App. Grabango operates in a competitive market with competitors including Mashgin, ITAB, Accel Robotics, Moltin and Everseen, among others.

  • Headquarter Sacramento, United States
  • Founders Will Glaser
  • Sectors
    Industrial Goods & Manufacturing
    Retail Technology
  • Phone
    Locked
  • Website
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  • Social
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  • Legal Name Grabango Co.
Operational Areas
Industrial Goods & Manufacturing → Security, Surveillance & Safety Systems Unlock Sub-Sector Unlock Segment
Retail → E-Commerce Platforms & Marketplaces Unlock Sub-Sector Unlock Segment
Retail → E-Commerce Platforms & Marketplaces Unlock Sub-Sector Unlock Segment
Technology → Artificial Intelligence & Machine Learning Unlock Sub-Sector Unlock Segment
Technology → Artificial Intelligence & Machine Learning Unlock Sub-Sector Unlock Segment
Retail → E-Commerce Technology & Services Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $79.32 M (USD)

    in 4 rounds

  • Latest Funding Round
    $55.21 M (USD), Series B

    Jun 07, 2021

  • Investors
  • Employee Count
    Not available
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Products & Services of Grabango

Grabango offers a comprehensive portfolio of products and services, including Grabango App.

Product name locked
Category locked
Primary

App for skipping checkout lines in stores

People of Grabango

Headcount 50-200
Employee Profiles 5
Employee Profiles
People
Mark Nitzberg
Computer Vision Scientist
People
Saralynn Malott
CHRO
People
Trevor Darrell
Chief Scientist
People
Leanne Ringquist
Operations Manager

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Funding Insights of Grabango

Grabango has successfully raised a total of $79.32M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $55.21 million completed in June 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Grabango

Grabango has secured backing from 8 investors, including venture fund investors. Prominent investors backing the company include Commerce Ventures, Honeywell Ventures and WIND Ventures.

All
Venture Fund
Investor Description Founded Year Domain Location
Investment in retail and financial services technologies.
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-
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Venture capital fund focused on multiple sectors
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Investor details for Grabango

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
  • Funding rounds
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Verified entity values are shown only after access is granted.

Investments & Acquisitions by Grabango

Investments
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Investment portfolio details for Grabango

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  • Portfolio identities
  • Transaction dates
  • Round details
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Financial Statements - Grabango

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Detailed financials for Grabango

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  • Profit trends
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Grabango Comparisons

Grabango Primary company
Description
App-based automated checkout solutions are provided for offl...
Location
Sacramento, United States
Founded Year
2016
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Grabango

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Competitors of Grabango

Grabango operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Mashgin, ITAB, Accel Robotics, Moltin and Everseen, among others.

Company Name Domain Founded year HQ Location Description
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Computer-vision self-checkout solutions are provided for offline retailers.
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Self-checkout solutions are provided for retail businesses worldwide.
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AI-based automated checkout solutions are developed for offline retailers.
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Cloud-based online store creation and self-checkout solutions
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AI-based theft detection is offered for offline retail stores.
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Detailed competitors of Grabango

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Latest news on Grabango

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Complete news archive for Grabango

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Frequently Asked Questions about Grabango

Grabango was founded in 2016 and raised its 1st funding round 1 year after it was founded.

Grabango is headquartered in Sacramento, United States. It is registered at Sacramento, California, United States.

Will Glaser is the current CEO of Grabango. They have also founded this company.

Grabango is a funded company, having raised a total of $79.32M across 4 funding rounds to date.

Grabango was founded in 2016 and is headquartered in Sacramento, United States. Automated checkout solutions are offered through a smartphone app for offline retailers in the retail technology sector. Products are scanned by shoppers using the app, followed by direct payments via various methods. Upon completion, customers exit the store and receive a digital invoice through the application. Operations focus on streamlining in-store transactions without traditional checkouts.

Grabango's top competitors include Mashgin, ITAB and Everseen.

Grabango offers Grabango App.

Grabango has 8 investors. Key investors include Commerce Ventures, Honeywell Ventures, WIND Ventures, Unilever Ventures, and Founders Fund.

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