Groma

Boston, United States Founded: 2020 • Age: 6 yrs
Blockchain-based platform for virtual real estate investments is provided.
Annual revenue - Latest available
Total funding $49.3M 2 rounds
Employees - Tracked headcount
Investors 5 Known backers
Products 2 Services tracked
Competitors 5 Brand Intelligence

About Groma

Groma is a company based in Boston (United States) founded in 2020 by Grant Fishman and Angelo Drake. It operates as a Direct-to-Consumer (D2C) and Brokerage / Intermediation. Groma has raised $49.29 million across 2 funding rounds from investors including Castle Island Ventures, Bantam Group and Echelon. Groma offers products and services including Rental Properties and Investment Opportunities. Groma operates in a competitive market with competitors including Parcl, SuperWorld, HomeVest and Ouse Token, among others.

  • Headquarter Boston, United States
  • Founders Grant Fishman, Angelo Drake
  • Sectors
    Technology
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Gromacorp, Llc
Operational Areas
Technology → Marketing, Adtech & Commerce Technology Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $49.29 M (USD)

    in 2 rounds

  • Latest Funding Round
    $29.29 M (USD), Series A

    Apr 27, 2023

  • Investors
  • Employee Count
    Not available
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Products & Services of Groma

Groma offers a comprehensive portfolio of products and services, including Rental Properties and Investment Opportunities.

Product name locked
Category locked
Primary

Rental properties are offered for modern urban living.

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Investment in property ecosystems is facilitated for investors.

People of Groma

Headcount 10-50
Employee Profiles 12
Employee Profiles
People
Alex Sordello
Senior Manager, Property Operations
People
Grant Fishman
Founder & Head of Property Operations
People
Hannah Crotty
Workplace Operations Manager
People
Sloane Thomson
VP, Physical and Digital Experience Design

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Funding Insights of Groma

Groma has successfully raised a total of $49.29M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $29.29 million completed in April 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.

Investors in Groma

Groma has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Castle Island Ventures, Bantam Group and Echelon.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital fund focused on blockchain and cryptocurrency companies
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Early stage VC firm funding companies in the US
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Early-stage investments and community support are provided by Echelon.
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Investor details for Groma

Investor domains, locations, round participation, and complete history require an active premium plan.

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Investments & Acquisitions by Groma

Investments
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Investment portfolio details for Groma

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  • Transaction dates
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Financial Statements - Groma

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Detailed financials for Groma

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Groma Comparisons

Groma Primary company
Description
Blockchain-based platform for virtual real estate investment...
Location
Boston, United States
Founded Year
2020
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Groma

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Competitors of Groma

Groma 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 Parcl, SuperWorld, HomeVest and Ouse Token, among others.

Company Name Domain Founded year HQ Location Description
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Blockchain-based platform for real estate price exposure is offered.
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Virtual real estate and digital assets investment platform
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Shares in individual rental homes are offered for investment.
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Offers online brokerage services for virtual land transactions.
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Detailed competitors of Groma

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Latest news on Groma

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Complete news archive for Groma

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Frequently Asked Questions about Groma

Groma was founded in 2020 and raised its 1st funding round 3 years after it was founded.

Groma is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.

Groma is a funded company, having raised a total of $49.29M across 2 funding rounds to date.

Groma is involved in leveraging technology to enhance the performance of multifamily properties for residents and investors. The company operates primarily in the Greater Boston area with plans for expansion to other cities. Solutions are provided for modern urban living through rental properties and investment opportunities in a growing property ecosystem. Focus is placed on making real estate more accessible and efficient for all stakeholders.

Groma's top competitors include Parcl, SuperWorld and HomeVest.

Groma offers Rental Properties and Investment Opportunities.

Groma has 5 investors. Key investors include Castle Island Ventures, Bantam Group, Echelon, Launchpad Venture Group, and Osbon Capital.

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