Growney

Berlin, Germany Founded: 2014 • Age: 12 yrs Acquired By Lloyd Fonds AG
Online robo advisor investing in bond and equity ETFs
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About Growney

Growney is a company based in Berlin (Germany) founded in 2014 was acquired by Lloyd Fonds AG in December 2022.. The company has 6 employees as of December 31, 2021. Growney operates in a competitive market with competitors including LIQID, TARGOBANK, Ginmon, Vaamo and aixigo, among others.

  • Headquarter Berlin, Germany
  • Employees 6 as on 31 Dec, 2021
  • Sectors
    Financial Services
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Growney Gmbh
Operational Areas
Financial Services → Investment Management & Advisory
Technology → Marketing, Adtech & Commerce Technology
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    6

    as on Dec 31, 2021

  • Acquired by
    Lloyd Fonds AG

    (Dec 13, 2022)

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Funding Insights of Growney

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Growney

Growney has secured backing from 1 investor. Prominent investors backing the company include Lloyd Fonds AG. 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.

All
Investor Description Founded Year Domain Location
Diversified investment management services are provided by the firm.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Growney

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Growney

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Growney Comparisons

Employees
+
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Competitors of Growney

Growney 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 LIQID, TARGOBANK, Ginmon, Vaamo and aixigo, 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
Digital wealth management for individual private equity investments is provided.
domain founded_year HQ Location
Commercial bank
domain founded_year HQ Location
Optimized ETF portfolios are built and managed automatically.
domain founded_year HQ Location
Automated investments are facilitated for personal financial goals.
domain founded_year HQ Location
Automated wealth management platform
domain founded_year HQ Location
Retirement planning is enabled via a robo-advisory platform.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Growney

Lloyd Fonds acquires majority stake in FinTech growney
Nebenwerte-Magazin3 years ago
Growney cooperates with Edeka
Startbase3 years ago

Frequently Asked Questions about Growney

When was Growney founded?

Growney was founded in 2014.

Where is Growney located?

Growney is headquartered in Berlin, Germany. It is registered at Berlin, Berlin, Germany.

How many employees does Growney have?

As of Dec 31, 2021, the latest employee count at Growney is 6.

What does Growney do?

Growney was established in 2014 in Berlin, Germany, as a robo advisor in the fintech sector. Investments in bond and equity ETFs are facilitated through an online portal, with five strategies available that vary in bond-equity mixes for different risk-return profiles. Costs are structured with maximum annual ETF fees at 0.28 and transaction fees at 0.18 per deposit or withdrawal, while no subscription fees are applied.

Who are the top competitors of Growney?

Growney's top competitors include TARGOBANK, LIQID and Ginmon.

Who are Growney's investors?

Growney has 1 investor. Key investors include Lloyd Fonds AG.

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