About GroWell
GroWell is a company based in London (United Kingdom) founded in 1994 by Justin Henry was acquired by OakNorth in May 2019.. GroWell operates in a competitive market with competitors including Gardening Naturally, Prestwich Hydroponics, Progrow, AutoPot Watering Systems and Az Grow, among others.
- Headquarter London, United Kingdom
- Founders Justin Henry
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Sectors
Agriculture
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Phone
*********
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Website
*********
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Social
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- Legal Name Growell Horticulture Limited
- Date of Incorporation 15 Oct, 1993
- Jurisdiction BIRMINGHAM
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
OakNorth
(May 10, 2019)
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Funding Insights of GroWell
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2019 | Amount | Debt – Conventional - GroWell | 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 GroWell
GroWell has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include OakNorth Bank. 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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OakNorth Bank is engaged in providing tailored financing solutions.
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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 GroWell
| 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 - GroWell
| 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 |
Growell Comparisons
Competitors of GroWell
GroWell 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 Gardening Naturally, Prestwich Hydroponics, Progrow, AutoPot Watering Systems and Az Grow, 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 |
Offers gardening supplies, netting, cages, and natural pest control solutions.
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| domain | founded_year | HQ Location |
Online seller of hydroponics nutrients, lighting, and grow systems.
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| domain | founded_year | HQ Location |
Progrow sells hydroponic equipment, grow tents, lights, and nutrients for indoor gardening.
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| domain | founded_year | HQ Location |
Offers electricity-free watering solutions for home and commercial plant growers worldwide.
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| domain | founded_year | HQ Location |
Provides an online store for high-quality hydroponic equipment and supplies for modern farming.
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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 GroWell
When was GroWell founded?
GroWell was founded in 1994 and raised its 1st funding round 25 years after it was founded.
Where is GroWell located?
GroWell is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
What does GroWell do?
Growwell is an omni channel distributor of hydroponic equipment and supplies for indoor agriculture. It offers a wide range of products for hydroponic based cultivation including nutrients, grow tents, hydroponic systems, LED grow lights, grow sheets, grow media, climate controllers, etc. The company owns and operates 12 retail outlets across the United Kingdom.
Who are the top competitors of GroWell?
GroWell's top competitors include Gardening Naturally, Prestwich Hydroponics and Progrow.
Who are GroWell's investors?
GroWell has 1 investor. Key investors include OakNorth Bank.
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