About Grono
Grono is a company based in Warsaw (Poland) founded in 2003 by Piotr Bronowicz, Wojciech Sobczuk, and Tomasz Lis (Czarodzic) was acquired by Xevin Investments in May 2011. It operates as a B2C. Grono has raised $2.6 million across 1 funding round from investors including Intel Capital, Xevin Investments and Red Sky. Grono operates in a competitive market with competitors including Facebook, Tagged, VK, Moco and Renren, among others.
- Headquarter Warsaw, Poland
- Founders Piotr Bronowicz, Wojciech Sobczuk, Tomasz Lis (Czarodzic)
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Sectors
Media & Entertainment
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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
$2.6 M (USD)
in 1 rounds
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Latest Funding Round
$2.6 M (USD), Series A
Sep 01, 2007
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Investors
Intel Capital
& 2 more
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Employee Count
Employee Count
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Acquired by
Xevin Investments
(May 01, 2011)
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Funding Insights of Grono
Grono has successfully raised a total of $2.6M through 1 strategic funding round. The most recent funding activity was a Series A round of $2.6 million completed in September 2007. 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 — $2.6M
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First Round
First Round
(01 Sep 2007)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2007 | Amount | Series A - Grono | Valuation | Intel Capital |
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| 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 Grono
Grono has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Intel Capital, Xevin Investments and Red Sky. 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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Investment in technology startups focusing on compute, AI, and related innovations.
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Founded Year | Domain | Location | |
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Venture capital firm focused on martech, adtech, marketplace, e-commerce, software, and technology led companies
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Founded Year | Domain | Location | |
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Red Sky is engaged in creating and supporting startups.
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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 Grono
| 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 - Grono
| 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 |
Grono Comparisons
Competitors of Grono
Grono 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 Facebook, Tagged, VK, Moco and Renren, 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 |
Online social networking and communication services are provided globally.
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| domain | founded_year | HQ Location |
Mobile/web social discovery website
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| domain | founded_year | HQ Location |
Photos and videos are shared via an app-based social platform.
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| domain | founded_year | HQ Location |
App-based social platform connecting people
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| domain | founded_year | HQ Location |
Online social networking is enabled via communication and media sharing.
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| domain | founded_year | HQ Location |
App-based social platform connecting students
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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 Grono
When was Grono founded?
Grono was founded in 2003 and raised its 1st funding round 4 years after it was founded.
Where is Grono located?
Grono is headquartered in Warsaw, Poland.
Is Grono a funded company?
Grono is a funded company, having raised a total of $2.6M across 1 funding round to date. The company's 1st funding round was a Series A of $2.6M, raised on Sep 01, 2007.
What does Grono do?
Grono, established in 2003, excels in leveraging cutting-edge technology, managing social media platforms, social networking, and regional platforms. Operates the first Polish social networking website. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide.
Who are Grono's investors?
Grono has 3 investors. Key investors include Intel Capital, Xevin Investments, and Red Sky.