About Grapple
Grapple is a company based in Sydney (Australia) founded in 2018.. Grapple has raised $6.5 million across 2 funding rounds from investors including GCI Funds, John Mullen and Robert Millner. Grapple offers products and services including GrapplePlus, GrappleSelective, GrappleNow, and GrapplePay. Grapple operates in a competitive market with competitors including Waddle, Shengye Capital, Moneytech, crossinx and Global Trade, among others.
- Headquarter Sydney, Australia
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Grapple Invoice Finance Fund Pty Ltd
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$6.5 M (USD)
in 2 rounds
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Latest Funding Round
$35 M (USD), Debt – Conventional
Jan 06, 2023
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Investors
GCI Funds
& 2 more
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Employee Count
Employee Count
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Products & Services of Grapple
Grapple offers a comprehensive portfolio of products and services, including GrapplePlus, GrappleSelective, GrappleNow, and GrapplePay. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Facility for funding against entire sales ledger to enhance working capital.
Provides cash injections through confidential invoice-by-invoice funding.
Enables invoices to be paid in full with customer instalments.
Allows payment of supplier invoices over monthly instalments.
Funding Insights of Grapple
Grapple has successfully raised a total of $6.5M across 2 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $35 million completed in January 2023. 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.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Debt – Conventional — $35.0M
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First Round
First Round
(20 May 2022)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2023 | Amount | Debt – Conventional - Grapple | Valuation |
investors |
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| May, 2022 | Amount | Angel Round - Grapple | Valuation | John Mullen , Robert Millner |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Grapple
Grapple has secured backing from 3 investors, including institutional and angel investors. Prominent investors backing the company include GCI Funds, John Mullen and Robert Millner. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Specialist credit solutions are provided by GCI Funds.
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Founded Year | Domain | Location | |
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JM
John Mullen |
Indian angel investor with focus on tech startups and innovation.
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Founded Year | Domain | Location |
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RM
Robert Millner |
Australian billionaire investor with interests in India, chairman of Washington H. Soul Pattinson.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Grapple
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Grapple
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Grapple Comparisons
Competitors of Grapple
Grapple 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 Waddle, Shengye Capital, Moneytech, crossinx and Global Trade, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Invoice financing is provided through an online platform for businesses.
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| domain | founded_year | HQ Location |
Supply chain financing is facilitated through an online marketplace platform.
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| domain | founded_year | HQ Location |
Online finance and payment solutions for Australian SMEs are provided.
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| domain | founded_year | HQ Location |
E-invoicing and supply chain financing solutions are delivered to businesses.
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| domain | founded_year | HQ Location |
Multi-bank trade finance platform connects corporations to financial institutions.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Grapple
Frequently Asked Questions about Grapple
When was Grapple founded?
Grapple was founded in 2018 and raised its 1st funding round 4 years after it was founded.
Where is Grapple located?
Grapple is headquartered in Sydney, Australia. It is registered at Sydney, New South Wales, Australia.
Is Grapple a funded company?
Grapple is a funded company, having raised a total of $6.5M across 2 funding rounds to date. The company's 1st funding round was a Angel Round of $6.5M, raised on May 20, 2022.
What does Grapple do?
Grapple was founded in 2018 in Sydney, Australia, within the fintech sector. A cloud-based platform is provided to link businesses seeking invoice and supplier financing with lenders. Operations include a dashboard for monitoring loan statuses, repayments, and requests. Borrowers are required to integrate with invoicing software for real-time data exchange, supporting efficient financing processes across Australia.
Who are the top competitors of Grapple?
Grapple's top competitors include Moneytech, Global Trade and Earlypay.
What products or services does Grapple offer?
Grapple offers GrapplePlus, GrappleSelective, GrappleNow, and GrapplePay.
Who are Grapple's investors?
Grapple has 3 investors. Key investors include GCI Funds, John Mullen, and Robert Millner.