Groopit

Seattle, United States Founded: 2018 • Age: 8 yrs
Real-time document collaboration is enabled by a cloud-based platform.
Annual revenue - Latest available
Total funding $8.5M 2 rounds
Employees - Tracked headcount
Investors 12 Known backers
Products 3 Services tracked
Competitors 11 Brand Intelligence

About Groopit

Groopit is a company based in Seattle (United States) founded in 2018. Groopit has raised $8.55 million across 2 funding rounds from investors including WestRiver Group, Tapas Capital and Ascend. Groopit offers products and services including Groopit Platform, Groopit App for Slack, and Groopit App for Salesforce. Groopit operates in a competitive market with competitors including Coda, Cortex, FileCloud, Ninox and Huddle, among others.

  • Headquarter Seattle, United States
  • Sectors
    Technology
  • Email
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  • Phone
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  • Website
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Operational Areas
Technology → Enterprise Software & Productivity Solutions Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
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  • EBITDA
    Not available
  • Total Equity Funding
    $8.55 M (USD)

    in 2 rounds

  • Latest Funding Round
    $6.55 M (USD), Series A

    Mar 01, 2023

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

Groopit offers a comprehensive portfolio of products and services, including Groopit Platform, Groopit App for Slack, and Groopit App for Salesforce.

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Category locked
Primary

Combines human and AI for real-time business problem-solving

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Facilitates real-time intelligence sharing via collaboration tools

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Enables AI-driven insights within CRM systems

People of Groopit

Headcount 1-10
Employee Profiles 4
Employee Profiles
People
John Vert
CTO & Co-Founder
People
Jason Burek
Senior Engineer
People
Duane Bray
Chief Product Officer

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Funding Insights of Groopit

Groopit has successfully raised a total of $8.55M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $6.55 million completed in March 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 Groopit

Groopit has secured backing from 12 investors, including venture fund and institutional investors. Prominent investors backing the company include WestRiver Group, Tapas Capital and Ascend.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
Investments are focused across multiple sectors by the firm.
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Tapas Capital is engaged in venture capital investment management.
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Ascend is recognized as a pre-seed venture capital fund based in the Pacific Northwest.
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Investor details for Groopit

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  • Investor domains
  • Investor locations
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  • Participation history

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Investments & Acquisitions by Groopit

Investments
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Investment portfolio details for Groopit

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  • Transaction dates
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Financial Statements - Groopit

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Detailed financials for Groopit

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Groopit Comparisons

Groopit Primary company
Description
Real-time document collaboration is enabled by a cloud-based...
Location
Seattle, United States
Founded Year
2018
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Groopit

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Competitors of Groopit

Groopit 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 Coda, Cortex, FileCloud, Ninox and Huddle, among others.

Company Name Domain Founded year HQ Location Description
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Integrated documents and spreadsheets are utilized for team project management.
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Cloud infrastructure is provided for scaling machine learning models.
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Cloud-based platform for file storage and document collaboration is offered.
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Cloud-based low-code platform for database application development is offered.
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Cloud-based document storage, sharing, and collaboration solutions are offered.
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Document management solutions are provided for business workflows.
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Detailed competitors of Groopit

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Latest news on Groopit

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Complete news archive for Groopit

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Frequently Asked Questions about Groopit

Groopit was founded in 2018 and raised its 1st funding round 3 years after it was founded.

Groopit is headquartered in Seattle, United States. It is registered at Seattle, Washington, United States.

Groopit is a funded company, having raised a total of $8.55M across 2 funding rounds to date.

Groopit was founded in 2018 and is headquartered in Seattle, United States. The company operates in the cloud software sector, where a platform for document collaboration is provided. Key features encompass real-time data collection, self-organizing controls, enterprise controls, contributor apps, and strategic crowds. Access is supported through a web application as well as mobile versions for iOS and Android devices.

Groopit's top competitors include Coda, FileCloud and Litera.

Groopit offers Groopit Platform, Groopit App for Slack, and Groopit App for Salesforce.

Groopit has 12 investors. Key investors include WestRiver Group, Tapas Capital, Ascend, Voyager Capital, and Cascade Seed Fund.

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