About Gro-Rite
Gro-Rite was established in 1973 in Lincoln Park, United States, as a retailer within the consumer goods sector. Operations are focused on distributing everyday products through physical and online channels, with the domain grorite.com supporting digital access. Inventory includes household items and essentials, serving local and regional markets in the Midwest. The company maintains a steady presence in retail distribution without expansion into unrelated areas.
- Headquarter Lincoln Park, United States
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Sectors
Retail
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Email
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Phone
*********
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Website
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Social
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Funding Insights of Gro-Rite
| 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 Gro-Rite
Gro-Rite has secured backing from 1 investor. Prominent investors backing the company include TerraTech. 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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Agri-business conglomerate with hydroponic and cannabis subsidiaries operated.
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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 Gro-Rite
| 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 - Gro-Rite
| 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 |
Gro-Rite Comparisons
Competitors of Gro-Rite
| 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 Gro-Rite
When was Gro-Rite founded?
Gro-Rite was founded in 1973.
Where is Gro-Rite located?
Gro-Rite is headquartered in Lincoln Park, United States. It is registered at Lincoln Park, Michigan, United States.
What does Gro-Rite do?
Gro-Rite was established in 1973 in Lincoln Park, United States, as a retailer within the consumer goods sector. Operations are focused on distributing everyday products through physical and online channels, with the domain grorite.com supporting digital access. Inventory includes household items and essentials, serving local and regional markets in the Midwest. The company maintains a steady presence in retail distribution without expansion into unrelated areas.
Who are Gro-Rite's investors?
Gro-Rite has 1 investor. Key investors include TerraTech.