About Groo
Groo is a company based in Seoul (South Korea) founded in 2022 by Hwigwang Kwon.. Groo operates in a competitive market with competitors including Agribotix, Plantora, PlantTAGG, GardenTags and Babedevelopers, among others.
- Headquarter Seoul, South Korea
- Founders Hwigwang Kwon
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Sectors
Agriculture
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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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Latest Funding Round
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Investors
Cashwalk
& 1 more
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Employee Count
Employee Count
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Funding Insights of Groo
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2024 | Amount | Seed - Groo | Valuation | CashWalk , BonAngels Venture Partners |
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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 Groo
Groo has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Cashwalk and BonAngels Venture Partners. 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 BonAngels in early-stage Asian tech companies.
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Founded Year | Domain | Location | |
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Cashwalk is developed as a leading health management app.
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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 Groo
| 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 - Groo
| 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 |
Groo Comparisons
Competitors of Groo
Groo 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 Agribotix, Plantora, PlantTAGG, GardenTags and Babedevelopers, 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 |
Drone-enabled precision agriculture solutions are provided for field data analysis.
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| domain | founded_year | HQ Location |
Offers an app-based platform for plant identification and care tips.
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| domain | founded_year | HQ Location |
Mobile app for plant identification, care, and gardening recommendations in North America.
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| domain | founded_year | HQ Location |
Mobile app for plant identification, garden management, community sharing, and advice.
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| domain | founded_year | HQ Location |
Provides an app-based platform for gardening tips and knowledge sharing.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Groo
When was Groo founded?
Groo was founded in 2022 and raised its 1st funding round 2 years after it was founded.
Where is Groo located?
Groo is headquartered in Seoul, South Korea.
Who is the current CEO of Groo?
Hwigwang Kwon is the current CEO of Groo. They have also founded this company.
What does Groo do?
Groo was founded in 2022 in Seoul, South Korea, as an online platform in the gardening sector. Users are enabled to share updates, access galleries, forums, and resources for plant care and decoration. Expert advice on gardening is provided, facilitating community interactions focused on information exchange and practical tips. Operations are centered on digital tools for hobbyists and enthusiasts.
Who are Groo's investors?
Groo has 2 investors. Key investors include Cashwalk, and BonAngels Venture Partners.