About GroSocial
GroSocial is a company based in Orem (United States) founded in 2009 was acquired by Keap in January 2013. It operates as a B2B. GroSocial has raised $1.45 million across 2 funding rounds from investors including Keap, Kickstart Fund and Monarch Ventures. GroSocial operates in a competitive market with competitors including Spredfast, Brand Networks, Salesforce Buddy Media, Wayin and SocialFlow, among others.
- Headquarter Orem, United States
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Sectors
Media & Entertainment
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Phone
*********
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Website
*********
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Social
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- Legal Name Grosocial Inc
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Funding Insights of GroSocial
GroSocial has successfully raised a total of $1.45M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $1 million completed in May 2012. 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 2
- Last Round Seed — $1.0M
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First Round
First Round
(19 Oct 2011)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| May, 2012 | Amount | Seed - GroSocial | Valuation | Kickstart Seed Fund | |
| Oct, 2011 | Amount | Seed - GroSocial | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in GroSocial
GroSocial has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include Keap, Kickstart Fund and Monarch Ventures. 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 funding is provided to early-stage startups.
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by GroSocial
| 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 - GroSocial
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
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Grosocial Comparisons
Competitors of GroSocial
GroSocial 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 Spredfast, Brand Networks, Salesforce Buddy Media, Wayin and SocialFlow, 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 |
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| domain | founded_year | HQ Location |
Social media programs are managed, monitored, and measured at scale.
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Brand Networks is recognized for employee influencer marketing technology.
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Social media marketing solutions
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Social Media Monitoring and Engagement platform
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Social media content value is quantified and optimized for enterprises.
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Social Campaign Management Tool
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Grosocial
Frequently Asked Questions about GroSocial
When was GroSocial founded?
GroSocial was founded in 2009 and raised its 1st funding round 2 years after it was founded.
Where is GroSocial located?
GroSocial is headquartered in Orem, United States. It is registered at Orem, Utah, United States.
Is GroSocial a funded company?
GroSocial is a funded company, having raised a total of $1.45M across 2 funding rounds to date. The company's 1st funding round was a Seed of $450K, raised on Oct 19, 2011.
What does GroSocial do?
GroSocial a social media marketing platform tailored for small and medium-sized businesses through handling marketing campaigns, providing digital marketing, managing social media platforms, and platforms for smbs. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field.
Who are the top competitors of GroSocial?
GroSocial's top competitors include Addressable, Brand Networks and Salesforce Buddy Media.
Who are GroSocial's investors?
GroSocial has 4 investors. Key investors include Keap, Kickstart Fund, Monarch Ventures, and GSD Capital.
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