About Gritti
Gritti is a company based in Beijing (China) founded in 2022.. Gritti has raised $1.7 million across 1 funding round from investors including Orderly Network, Lingfeng Capital and Youbi Capital. Gritti offers products and services including Sports Betting, Card Games, Online Casino, Fish Shooting, and Lottery. Gritti operates in a competitive market with competitors including RTFKT, Endstate, ShoeFy, HypeX and HypeSneakrs, among others.
- Headquarter Beijing, China
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Sectors
TechnologyFinancial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1.7 M (USD)
in 1 rounds
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Latest Funding Round
$1.7 M (USD), Seed
Oct 17, 2022
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Investors
Orderly Network
& 4 more
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Employee Count
Employee Count
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Products & Services of Gritti
Gritti offers a comprehensive portfolio of products and services, including Sports Betting, Card Games, Online Casino, Fish Shooting, and Lottery. 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.
Platform for wagering on sports events with real-time odds and updates.
Online card games like Poker for players to compete and win rewards.
Live dealer games including Baccarat for interactive gambling experiences.
Shooting game for hunting sea creatures to earn prizes quickly.
Various lottery options for number-based betting and potential rewards.
Funding Insights of Gritti
Gritti has successfully raised a total of $1.7M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.7 million completed in October 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 1
- Last Round Seed — $1.7M
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First Round
First Round
(17 Oct 2022)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2022 | Amount | Seed - Gritti | Valuation | Lingfeng Capital |
| 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 Gritti
Gritti has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Orderly Network, Lingfeng Capital and Youbi Capital. 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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Lingfeng Capital is engaged in private equity fund management.
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Founded Year | Domain | Location | |
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Fund-of-funds investments are managed in the green data economy.
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Founded Year | Domain | Location | |
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Venture capital firm focused on early-stage infrastructure projects
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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 Gritti
| 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 - Gritti
| 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 |
Gritti Comparisons
Competitors of Gritti
Gritti 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 RTFKT, Endstate, ShoeFy, HypeX and HypeSneakrs, 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 |
Footwear products are offered by RTFKT as a specialized brand.
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| domain | founded_year | HQ Location |
NFT-based trading platform for sneakers
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| domain | founded_year | HQ Location |
Shoes-based NFTs are generated and traded on an online marketplace.
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| domain | founded_year | HQ Location |
NFT-based design contests for digital sneakers are hosted.
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| domain | founded_year | HQ Location |
Functions as an online marketplace for sneakers utilizing blockchain technology.
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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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Frequently Asked Questions about Gritti
When was Gritti founded?
Gritti was founded in 2022.
Where is Gritti located?
Gritti is headquartered in Beijing, China.
Is Gritti a funded company?
Gritti is a funded company, having raised a total of $1.7M across 1 funding round to date. The company's 1st funding round was a Seed of $1.7M, raised on Oct 17, 2022.
What does Gritti do?
Gritti was founded in 2022 in Beijing, China, as an online platform in the NFT sector focused on sneaker collectibles. Operations center on enabling the creation, purchase, and sale of digital sneaker-based NFTs. Services include brand rewards through NFT or token airdrops, membership privileges, and access to special events, supporting user engagement in the blockchain collectibles space.
What products or services does Gritti offer?
Gritti offers Sports Betting, Card Games, Online Casino, Fish Shooting, and Lottery.
Who are Gritti's investors?
Gritti has 5 investors. Key investors include Orderly Network, Lingfeng Capital, Youbi Capital, Bixin Ventures, and Stratified Capital.
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