About GripAble
GripAble is a company based in London (United Kingdom) founded in 2016.. GripAble has raised $13.55 million across 5 funding rounds from investors including Gov.uk, Imperial College London and Oxford Technology. The company has 30 employees as of April 30, 2023. GripAble operates in a competitive market with competitors including MindMaze, AlterG, Game Ready, Rymo Technologies and VERTIGENIUS, among others.
- Headquarter London, United Kingdom
- Employees 30 as on 30 Apr, 2023
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Sectors
HealthcareTechnology
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Gripable Limited
- Date of Incorporation 13 Apr, 2017
- Jurisdiction LONDON, ENGLAND
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$13.55 M (USD)
in 5 rounds
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Latest Funding Round
$11 M (USD), Series A
Apr 11, 2022
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Investors
Gov.uk
& 5 more
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Employee Count
30
as on Apr 30, 2023
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Funding Insights of GripAble
GripAble has successfully raised a total of $13.55M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $11 million completed in April 2022. 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 5
- Last Round Series A — $11.0M
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First Round
First Round
(23 Nov 2017)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2022 | Amount | Series A - GripAble | Valuation | IP Group | |
| Mar, 2021 | Amount | Seed - GripAble | Valuation | Triple Point | |
| Feb, 2019 | Amount | Seed - GripAble | Valuation |
investors |
| 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 GripAble
GripAble has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Gov.uk, Imperial College London and Oxford Technology. 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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Venture capital and advisory services are offered across multiple sectors.
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Founded Year | Domain | Location | |
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Tech companies are invested in by Parkwalk venture capital firm.
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Founded Year | Domain | Location | |
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Early-stage micro-VC investments are focused on UK companies.
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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 GripAble
| 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 - GripAble
| 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 |
Gripable Comparisons
Competitors of GripAble
GripAble 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 MindMaze, AlterG, Game Ready, Rymo Technologies and VERTIGENIUS, 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 |
Evidence-based digital neurotherapeutics are developed for brain health recovery.
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| domain | founded_year | HQ Location |
Hardware and software solutions for rehabilitation are provided by AlterG.
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| domain | founded_year | HQ Location |
Compression and cold therapy products
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| domain | founded_year | HQ Location |
Robotics and VR-based rehabilitation products for physical therapy are provided.
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| domain | founded_year | HQ Location |
Provider of a SaaS-based monitoring platform and device for rehab patients and doctors
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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 Gripable
Frequently Asked Questions about GripAble
When was GripAble founded?
GripAble was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Where is GripAble located?
GripAble is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Is GripAble a funded company?
GripAble is a funded company, having raised a total of $13.55M across 5 funding rounds to date. The company's 1st funding round was a Seed of $142.3K, raised on Nov 23, 2017.
How many employees does GripAble have?
As of Apr 30, 2023, the latest employee count at GripAble is 30.
What does GripAble do?
GripAble was founded in 2016 in London, United Kingdom, within the health technology sector. A Bluetooth-enabled personal rehabilitation device is offered alongside a companion app for patients recovering from strokes or hospitalizations. Grip strength and hand motion are measured through interactive games, where squeezing and loosening the device enable play. Cognitive and physical progress is tracked over time using machine learning algorithms.
Who are the top competitors of GripAble?
GripAble's top competitors include MindMaze, AlterG and Rymo Technologies.
Who are GripAble's investors?
GripAble has 6 investors. Key investors include Gov.uk, Imperial College London, Oxford Technology, IP Group, and Parkwalk.
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