Grasshopper

Los Angeles, United States Founded: 2007 • Age: 19 yrs Acquired By Citrix
A virtual phone system is provided for small businesses.

About Grasshopper

Grasshopper is a company based in Los Angeles (United States) founded in 2007 was acquired by Citrix in April 2015. It operates as a SaaS (Software-as-a-Service), and Subscription Services. Grasshopper offers products and services including Virtual Phone System, Business Phone Numbers, and Mobile and Desktop Apps. Grasshopper operates in a competitive market with competitors including RingCentral, Fuze, Vonage, Webex and Wire, among others.

  • Headquarter Los Angeles, United States
  • Sectors
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Goto
  • Jurisdiction Shaikpet, Telangana, India
Operational Areas
Technology → Enterprise Software & Productivity Solutions
Technology → Cybersecurity & Privacy Solutions
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Citrix

    (Apr 08, 2015)

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Products & Services of Grasshopper

Grasshopper offers a comprehensive portfolio of products and services, including Virtual Phone System, Business Phone Numbers, and Mobile and Desktop Apps. 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.

Primary

A virtual phone system for business communication needs.

Offers local, toll-free, and vanity numbers for businesses.

Apps for managing calls and texts on devices.

Funding Insights of Grasshopper

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Grasshopper

Grasshopper has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Citrix. 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.

All
Institutional
Investor Description Founded Year Domain Location
Cloud-based virtualization for networks and desktops is delivered to businesses.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Grasshopper

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Grasshopper

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Grasshopper Comparisons

Employees
+
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Competitors of Grasshopper

Grasshopper 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 RingCentral, Fuze, Vonage, Webex and Wire, 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
Cloud-based unified communication solutions are offered to diverse sectors.
domain founded_year HQ Location
Fuze, under 8x8, Inc., is recognized for providing cloud-based communication and customer experience solutions.
domain founded_year HQ Location
Provider of contact center business communication solutions
domain founded_year HQ Location
Solutions for virtual meetings and training sessions are provided.
domain founded_year HQ Location
Cloud-based software for unified collaboration and messaging is provided.
domain founded_year HQ Location
Cloud-based platform for enterprise web conferencing and collaboration is offered.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Grasshopper

Frequently Asked Questions about Grasshopper

When was Grasshopper founded?

Grasshopper was founded in 2007.

Where is Grasshopper located?

Grasshopper is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.

What does Grasshopper do?

Grasshopper is recognized for offering a virtual phone system tailored for entrepreneurs and small businesses. Services are delivered in the telecommunications sector, focusing on separating personal and business communications. Solutions include local, toll-free, and vanity numbers, alongside features like call forwarding, voicemail transcription, and mobiledesktop apps. The system is designed to enhance professionalism and connectivity for users across various industries.

Who are the top competitors of Grasshopper?

Grasshopper's top competitors include Webex, Bandwidth and RingCentral.

What products or services does Grasshopper offer?

Grasshopper offers Virtual Phone System, Business Phone Numbers, and Mobile and Desktop Apps.

Who are Grasshopper's investors?

Grasshopper has 1 investor. Key investors include Citrix.

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