About Groots
Groots is a company based in Barcelona (Spain) founded in 2019 by Carlos Gomez Chereguini and Joaquim Bas.. Groots offers products and services including Vertical Hydroponic System. Groots operates in a competitive market with competitors including Ines Rosales, Cascajares, Algayield, Foods for Tomorrow and Gimme Sabor, among others.
- Headquarter Barcelona, Spain
- Founders Carlos Gomez Chereguini, Joaquim Bas
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Sectors
Consumer
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Email
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Phone
*********
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Website
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Social
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- Legal Name Groots Hydroponics S.L.
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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
Ship2B
& 1 more
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Employee Count
Employee Count
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Products & Services of Groots
Groots offers a comprehensive portfolio of products and services, including Vertical Hydroponic System. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Innovative system for growing plants hydroponically to save water and space efficiently.
Funding Insights of Groots
- Total Funding Total Funding
- Total Rounds 2
- Last Round Last Round
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2023 | Amount | Seed - Groots | Valuation | Tech Transfer Agrifood |
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| Jun, 2020 | Amount | Seed - Groots | Valuation | Ship2B |
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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 Groots
Groots has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Ship2B and Tech Transfer Agrifood. 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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Venture capital firm focused on impact investments in food sectors
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Founded Year | Domain | Location | |
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Social impact investments are facilitated through four acceleration programs.
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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 Groots
| 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 - Groots
| 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 |
Groots Comparisons
Competitors of Groots
Groots 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 Ines Rosales, Cascajares, Algayield, Foods for Tomorrow and Gimme Sabor, 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 |
Produces and sells artisanal Tortas de Aceite with olive oil in Spain for consumers.
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| domain | founded_year | HQ Location |
Online platform offering gourmet prepared dishes and recipes for everyday meals, celebrations, and holidays
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| domain | founded_year | HQ Location |
Natural multi-category products are offered via an internet-first brand.
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| domain | founded_year | HQ Location |
Offers a brand of plant-based nutrition and meat products.
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| domain | founded_year | HQ Location |
Seasonings, jams, and broths are sold by an internet-first brand.
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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 Groots
When was Groots founded?
Groots was founded in 2019 and raised its 1st funding round 1 year after it was founded.
Where is Groots located?
Groots is headquartered in Barcelona, Spain. It is registered at Barcelona, Catalonia, Spain.
What does Groots do?
Groots was established in 2019 in Barcelona, Spain, as an internet-first brand within the food sector. Operations focus on the supply of fresh herbs and pre-prepared salads, with distribution handled primarily through digital channels. The company serves consumers seeking convenient, eco-oriented produce options across Europe, supported by co-founders Carlos Gomez Chereguini and Joaquim Bas. Expansion efforts emphasize sustainable sourcing and online accessibility.
Who are the top competitors of Groots?
Groots's top competitors include Cascajares, Algayield and Gimme Sabor.
What products or services does Groots offer?
Groots offers Vertical Hydroponic System.
Who are Groots's investors?
Groots has 2 investors. Key investors include Ship2B, and Tech Transfer Agrifood.