About Groople
Groople is a company based in Dallas (United States) founded in 2003 was acquired by Stage Fund in June 2011. Groople has raised $6 million across 1 funding round from investors including FA Tech Ventures, ArrowPath Venture Capital and Vista VC. Groople operates in a competitive market with competitors including Hotel Planner, Roomblocker, Groupbook, Roomblox and TravelAdvocates, among others.
- Headquarter Dallas, United States
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Sectors
Travel & Hospitality
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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
$6 M (USD)
in 1 rounds
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Latest Funding Round
$6 M (USD), Series A
Aug 10, 2006
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Investors
FA Tech Ventures
& 5 more
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Employee Count
Employee Count
- Acquired by
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People of Groople
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Funding Insights of Groople
Groople has successfully raised a total of $6M through 1 strategic funding round. The most recent funding activity was a Series A round of $6 million completed in August 2006. 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 — $6.0M
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First Round
First Round
(10 Aug 2006)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Aug, 2006 | Amount | Series A - Groople | Valuation | FA Technology Ventures |
Investors in Groople
Groople has secured backing from 6 investors, including venture fund investors. Prominent investors backing the company include FA Tech Ventures, ArrowPath Venture Capital and Vista VC.
| Investor | Description | Founded Year | Domain | Location |
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Early-stage technology venture capital investments are provided by this firm.
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Investments are made in early-growth-stage US companies by Vista Ventures.
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Investments & Acquisitions by Groople
Financial Statements - Groople
Groople Comparisons
Competitors of Groople
Groople 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 Hotel Planner, Roomblocker, Groupbook, Roomblox and TravelAdvocates, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Functions as an app-based marketplace for group hotel reservations via reverse auctions.
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| domain | founded_year | HQ Location |
Facilitates group hotel bookings for events.
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| domain | founded_year | HQ Location |
Provides AI-powered solutions for organizing and monetizing group travel events.
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| domain | founded_year | HQ Location |
Operates an online platform offering discounts on group hotel bookings.
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| domain | founded_year | HQ Location |
Provides hotel booking services and group rates for corporate travel events.
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Latest news on Groople
Frequently Asked Questions about Groople
Groople was founded in 2003 and raised its 1st funding round 3 years after it was founded.
Groople is headquartered in Dallas, United States. It is registered at Dallas, Texas, United States.
Groople is a funded company, having raised a total of $6M across 1 funding round to date. The company's 1st funding round was a Series A of $6M, raised on Aug 10, 2006.
Groople was founded in 2003 in Dallas, United States, as an online travel agency focused on the hospitality sector. Group bookings for hotels are facilitated, with customized quotes provided based on user preferences. Services cover various events, including corporate retreats, academic trips, destination weddings, and sports team accommodations. Operations emphasize streamlined reservations for collective travel needs.
Groople's top competitors include Hotel Planner, Roomblocker and Groupbook.
Groople has 6 investors. Key investors include FA Tech Ventures, ArrowPath Venture Capital, Vista VC, Flywheel Ventures, and Short's Travel Management.