GroupMe

New York, United States Founded: 2010 • Age: 16 yrs Acquired By Skype
Provider of group messaging application
Annual revenue - Latest available
Total funding $11.4M 2 rounds
Employees - Tracked headcount
Investors 10 Known backers
Products 3 Services tracked
Competitors 8 Brand Intelligence

About GroupMe

GroupMe is a company based in New York (United States) founded in 2010 was acquired by Skype in August 2011. GroupMe has raised $11.45 million across 2 funding rounds from investors including Skype, Khosla Ventures and Lerer Hippeau. GroupMe has completed 1 acquisition, including Sensobi. GroupMe offers products and services including Group Chats, Event Hosting, and Polls and Surveys. GroupMe operates in a competitive market with competitors including EloElo, Tango, Spoon Radio, Breakout and Niki Live, among others.

  • Headquarter New York, United States
  • Sectors
    Telecommunications
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
Operational Areas
Telecommunications → Telecommunications Infrastructure & Services Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $11.45 M (USD)

    in 2 rounds

  • Latest Funding Round
    $10.6 M (USD), Series B

    Jan 04, 2011

  • Investors
    Skype

    & 9 more

  • Employee Count
    Not available
  • Investments & Acquisitions
  • Acquired by
    Skype

    (Aug 21, 2011)

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Products & Services of GroupMe

GroupMe offers a comprehensive portfolio of products and services, including Group Chats, Event Hosting, and Polls and Surveys.

Product name locked
Category locked
Primary

Enables creation and management of group conversations for communities

Product name locked
Category locked
Locked

Allows users to plan and organize events within groups quickly

Product name locked
Category locked
Locked

Facilitates quick polls for group decision-making and feedback

People of GroupMe

Headcount 10000+
Employee Profiles 547
Board Members and Advisors 11
Employee Profiles
People
Gary Sun
Director
People
Bill Duff
CVP & CFO, Consumer & Devices
People
Alex Pepperl
Director, Head Of Retail Media Adtech Partnerships
People
Richard Qian
CVP, AI & Technology

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Board Members and Advisors
people
Sandra E. Peterson
Board Member
people
Reid Hoffman
Board Member
people
John David Rainey
Board Member
people
Emma Walmsley
Board Member

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Funding Insights of GroupMe

GroupMe has successfully raised a total of $11.45M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $10.6 million completed in January 2011. 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.

Investors in GroupMe

GroupMe has secured backing from 10 investors, including venture fund and institutional investors. Prominent investors backing the company include Skype, Khosla Ventures and Lerer Hippeau.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Early-stage startups are funded by this venture capital firm.
Locked Locked Locked
US focused seed and early-stage VC firm
Locked Locked Locked
USA focused VC firm investing in seed and early stage startups
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Investor details for GroupMe

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  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by GroupMe

GroupMe has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Sensobi.

Investments
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Investment portfolio details for GroupMe

Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.

  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

Verified entity values are shown only after access is granted.

Acquisitions
Company Name Description Domain Location Founded Year Amount
Mobile-first address book for Blackberry uses
Locked Locked 2009 Locked
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Complete acquisition details for GroupMe

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  • Transaction dates
  • Acquired stakes
  • Disclosed values
  • Domains and locations

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Financial Statements - GroupMe

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Detailed financials for GroupMe

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  • Profit trends
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  • Financial ratios

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Groupme Comparisons

GroupMe Primary company
Description
Provider of group messaging application
Location
New York, United States
Founded Year
2010
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
Premium access

Peer comparison for GroupMe

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

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  • Headcount comparison
  • Funding comparison
  • Operating benchmarks

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Competitors of GroupMe

GroupMe 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 EloElo, Tango, Spoon Radio, Breakout and Niki Live, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Live social entertainment is facilitated via an app-based platform.
Locked Locked Locked
Live-streaming platform for user connections and content monetization is provided.
Locked Locked Locked
Online platform offering live podcast streaming solutions
Locked Locked Locked
Connections through audio are facilitated on an online social platform.
Locked Locked Locked
Niki Live offers a comprehensive communication app for seamless live streaming experiences.
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Detailed competitors of GroupMe

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  • Domains and locations
  • Full company profiles
  • Operating metrics
  • Competitive positioning

Verified entity values are shown only after access is granted.

Latest news on Groupme

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Complete news archive for GroupMe

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  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about GroupMe

GroupMe was founded in 2010.

GroupMe is headquartered in New York, United States. It is registered at New York, New York, United States.

GroupMe is a funded company, having raised a total of $11.45M across 2 funding rounds to date.

GroupMe was founded in 2010 in New York, United States, as a provider in the mobile messaging sector. An application is offered that enables group chats, attachment of pictures, and transmission of private messages. Operations focus on facilitating real-time interactions among users through digital platforms, with services centered on the groupme.com domain for accessibility across devices.

GroupMe's top competitors include EloElo, Tango and Breakout.

GroupMe offers Group Chats, Event Hosting, and Polls and Surveys.

GroupMe has made 1 acquisition, including Sensobi.

GroupMe has 10 investors. Key investors include Skype, Khosla Ventures, Lerer Hippeau, First Round Capital, and General Catalyst.

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