About GrooveBook
GrooveBook is a company based in Lexington Hills (United States) founded in 2011 was acquired by Shutterfly in November 2014.. GrooveBook has raised $150 thousand across 1 funding round from investors including Shutterfly, Kevin Oleary and Mark Cuban. The company has 9,312 employees as of December 31, 2019. GrooveBook operates in a competitive market with competitors including Popsa, Once Upon, Blurb, Journi and MyAlbum, among others.
- Headquarter Lexington Hills, United States
- Employees 9312 as on 31 Dec, 2019
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Sectors
Media & Entertainment
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Email
***********
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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
$150 K (USD)
in 1 rounds
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Latest Funding Round
$150 K (USD), Angel Round
Jan 10, 2014
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Investors
Shutterfly
& 2 more
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Employee Count
9312
as on Dec 31, 2019
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Acquired by
Shutterfly
(Nov 17, 2014)
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Funding Insights of GrooveBook
GrooveBook has successfully raised a total of $150K through 1 strategic funding round. The most recent funding activity was a Angel Round round of $150 thousand completed in January 2014. 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 Angel Round — $150,000
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First Round
First Round
(10 Jan 2014)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2014 | Amount | Angel Round - GrooveBook | Valuation |
investors |
| 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 GrooveBook
GrooveBook has secured backing from 3 investors, including angel investors. Prominent investors backing the company include Shutterfly, Kevin Oleary and Mark Cuban. 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 |
|---|---|---|---|---|
|
KO
Kevin Oleary |
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|
Founded Year | Domain | Location |
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MC
Mark Cuban |
American billionaire, angel investor, Shark Tank star, and Dallas Mavericks owner
|
Founded Year | Domain | Location |
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Personalized photo products including books, gifts, and decor are provided.
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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
|
Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
|
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 GrooveBook
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
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.
|
2016 |
Financial Statements - GrooveBook
| 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 |
Groovebook Comparisons
Competitors of GrooveBook
GrooveBook 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 Popsa, Once Upon, Blurb, Journi and MyAlbum, 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 platform providing personalized photo books
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| domain | founded_year | HQ Location |
Photo books are created and customized via a mobile app.
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| domain | founded_year | HQ Location |
Book publishing software and Saas
|
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| domain | founded_year | HQ Location |
Travels are recorded, shared, and recovered through a mobile application.
|
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| domain | founded_year | HQ Location |
Online photo albums are created and printed as books.
|
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| domain | founded_year | HQ Location |
Online company providing photo book services to customers
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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 GrooveBook
When was GrooveBook founded?
GrooveBook was founded in 2011 and raised its 1st funding round 3 years after it was founded.
Where is GrooveBook located?
GrooveBook is headquartered in Lexington Hills, United States. It is registered at Lexington Hills, California, United States.
Is GrooveBook a funded company?
GrooveBook is a funded company, having raised a total of $150K across 1 funding round to date. The company's 1st funding round was a Angel Round of $150K, raised on Jan 10, 2014.
How many employees does GrooveBook have?
As of Dec 31, 2019, the latest employee count at GrooveBook is 9,312.
What does GrooveBook do?
GrooveBook was founded in 2011 in Lexington Hills, United States, as an online photo printing platform in the digital media sector. Users photos are selected for printing through mobile interfaces, with options provided for creating new photo books or reordering previous ones. Operations focus on mobile accessibility, and an application is offered exclusively for Android devices to support these services.
Who are the top competitors of GrooveBook?
Who are GrooveBook's investors?
GrooveBook has 3 investors. Key investors include Shutterfly, Kevin Oleary, and Mark Cuban.