Groupit

Palo Alto, United States Founded: 2010 • Age: 16 yrs
Operates a group-buying platform to connect consumers for discounted purchases.
Annual revenue - Latest available
Total funding - 1 rounds
Employees - Tracked headcount
Investors 2 Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

About Groupit

Groupit is a company based in Palo Alto (United States) founded in 2010 by Jonathan Beekman. It operates as a B2C. Groupit operates in a competitive market with competitors including BuyWithMe, GIST, BoomStreet, Buckete and Kalood, among others.

  • Headquarter Palo Alto, United States
  • Founders Jonathan Beekman
  • Sectors
    Retail
  • Phone
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  • Website
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  • Social
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Operational Areas
Retail → E-Commerce Platforms & Marketplaces Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Latest Funding Round
    Not available
  • Investors

    & 1 more

  • Employee Count
    Not available
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Funding Insights of Groupit

Investors in Groupit

Groupit has secured backing from 2 investors, including angel investors. Prominent investors backing the company include Jose Marin and Fabrice Grinda.

All
Angel
Investor Description Founded Year Domain Location

Jose Marin

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Fabrice Grinda

French entrepreneur, angel investor, co-founder of OLX, active in Indian startups
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Investor details for Groupit

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Investments & Acquisitions by Groupit

Investments
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Investment portfolio details for Groupit

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  • Transaction dates
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Financial Statements - Groupit

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Detailed financials for Groupit

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  • Profit trends
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Groupit Comparisons

Groupit Primary company
Description
Operates a group-buying platform to connect consumers for di...
Location
Palo Alto, United States
Founded Year
2010
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Groupit

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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Competitors of Groupit

Groupit 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 BuyWithMe, GIST, BoomStreet, Buckete and Kalood, among others.

Company Name Domain Founded year HQ Location Description
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Daily deals and group buying website
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Purchases are shared among friends through an iOS social app.
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Multi-category daily deals are offered through local business partnerships.
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Group buying & reverse auction marketplace
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Operates as an online platform for crowd-based shopping experiences.
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Detailed competitors of Groupit

Competitor domains, locations, full profiles, and operating metrics require an active premium plan.

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Latest news on Groupit

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Complete news archive for Groupit

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Frequently Asked Questions about Groupit

Groupit was founded in 2010.

Groupit is headquartered in Palo Alto, United States. It is registered at Palo Alto, California, United States.

Jonathan Beekman is the current CEO of Groupit. They have also founded this company.

Groupit, founded in 2010 in Palo Alto, United States, focuses on operating online marketplaces, engaging in retail operations, group buying, and online platforms. Operates a group-buying platform to connect consumers for discounted purchases. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.

Groupit's top competitors include GIST, BuyWithMe and Buckete.

Groupit has 2 investors. Key investors include Jose Marin, and Fabrice Grinda.

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