About Gro Solutions
Gro Solutions is a company based in Alpharetta (United States) founded in 2015 was acquired by Q2 Software in December 2018.. Gro Solutions has raised $4.25 million across 1 funding round from investors including Q2, TTV Capital and BIP Capital. The company has 18 employees as of December 31, 2018. Gro Solutions operates in a competitive market with competitors including Zafin, PureFacts, Shift Technology, Glia and Eltropy, among others.
- Headquarter Alpharetta, United States
- Employees 18 as on 31 Dec, 2018
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Sectors
Financial ServicesTechnology
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Gro Solutions Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$4.25 M (USD)
in 1 rounds
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Latest Funding Round
$4.25 M (USD), Series A
Mar 20, 2017
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Investors
Q2
& 4 more
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Employee Count
18
as on Dec 31, 2018
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Acquired by
Q2 Software
(Dec 03, 2018)
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Funding Insights of Gro Solutions
Gro Solutions has successfully raised a total of $4.25M through 1 strategic funding round. The most recent funding activity was a Series A round of $4.25 million completed in March 2017. 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 Series A — $4.2M
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First Round
First Round
(20 Mar 2017)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2017 | Amount | Series A - Gro Solutions | Valuation | TTV 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 Gro Solutions
Gro Solutions has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Q2, TTV Capital and BIP 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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Investments are made by TTV Capital in early-stage fintech companies.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Venture capital firm investing in tech sectors
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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 Gro Solutions
| 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 - Gro Solutions
| 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 |
Gro Solutions Comparisons
Competitors of Gro Solutions
Gro Solutions 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 Zafin, PureFacts, Shift Technology, Glia and Eltropy, 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 |
Software solutions for relationship banking in financial services are delivered.
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| domain | founded_year | HQ Location |
CRM solutions for wealth managers
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| domain | founded_year | HQ Location |
Provider of AI solutions for insurance underwriting, claims, and risk
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| domain | founded_year | HQ Location |
Cloud-based omnichannel platform is provided for financial customer service.
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| domain | founded_year | HQ Location |
Reputation management software is provided for solar industry sales.
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| domain | founded_year | HQ Location |
Customer engagement solutions are provided to banks and related sectors.
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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 Gro Solutions
Frequently Asked Questions about Gro Solutions
When was Gro Solutions founded?
Gro Solutions was founded in 2015 and raised its 1st funding round 2 years after it was founded.
Where is Gro Solutions located?
Gro Solutions is headquartered in Alpharetta, United States. It is registered at Alpharetta, Georgia, United States.
Is Gro Solutions a funded company?
Gro Solutions is a funded company, having raised a total of $4.25M across 1 funding round to date. The company's 1st funding round was a Series A of $4.25M, raised on Mar 20, 2017.
How many employees does Gro Solutions have?
As of Dec 31, 2018, the latest employee count at Gro Solutions is 18.
What does Gro Solutions do?
Gro Solutions, a subsidiary of Mobile Strategy Partners, streamlines the customer acquisition process for banks and credit unions. Their flagship product, Gro Account Opening allows the organizations to on-board the customers quickly, they claim that they enable organisations to open and fund new accounts in the less than 4 minutes, both, online or offline. Their another product, Gro Mobile Switch Assist prompts existing users to use their mobile device to switch. Gro Mobile Switch Assist helps on-the-go customers gather needed information for each bill and direct deposit, forging a strong mobile relationship, thereby increasing customer LTV.
Who are the top competitors of Gro Solutions?
Gro Solutions's top competitors include Glia, Shift Technology and PureFacts.
Who are Gro Solutions's investors?
Gro Solutions has 5 investors. Key investors include Q2, TTV Capital, BIP Capital, Croft & Bender, and BLH Venture Partners.