About Grwth Lbs
Grwth Lbs is a company based in United Kingdom founded in 2020.. Grwth Lbs has raised $7.1 million across 1 funding round from investors including Galaxy, Framework Ventures and Variant Fund. The company has 8 employees as of August 31, 2022. Grwth Lbs offers products and services including Zeal Wallet, Zeal Debit Card, and Zeal Chrome Extension. Grwth Lbs operates in a competitive market with competitors including Polygon, Wuri, IBEX, Nexus Mutual and Onmeta, among others.
- Headquarter United Kingdom
- Employees 8 as on 31 Aug, 2022
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Grwth Lbs Ltd
- Date of Incorporation 25 Aug, 2020
- Jurisdiction LONDON, GREATER LONDON, UNITED KINGDOM
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$7.1 M (USD)
in 1 rounds
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Latest Funding Round
$7.1 M (USD), Seed
Mar 30, 2021
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Investors
Galaxy
& 5 more
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Employee Count
8
as on Aug 31, 2022
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Products & Services of Grwth Lbs
Grwth Lbs offers a comprehensive portfolio of products and services, including Zeal Wallet, Zeal Debit Card, and Zeal Chrome Extension. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Secure self-custodial platform for managing crypto assets and earning yields.
Debit card for spending crypto with cashback rewards and fast transactions.
Browser extension for connecting to web3 apps and managing assets securely.
Funding Insights of Grwth Lbs
Grwth Lbs has successfully raised a total of $7.1M through 1 strategic funding round. The most recent funding activity was a Seed round of $7.1 million completed in March 2021. 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 1
- Last Round Seed — $7.1M
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First Round
First Round
(30 Mar 2021)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2021 | Amount | Seed - Grwth Lbs | Valuation | Galaxy , Framework Ventures |
| 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 Grwth Lbs
Grwth Lbs has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include Galaxy, Framework Ventures and Variant Fund. 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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Blockchain startups are funded by Framework Ventures venture capital.
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Founded Year | Domain | Location | |
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Nascent Ventures is focused on launching high-tech startups.
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Founded Year | Domain | Location | |
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Early-stage companies are invested in by A.Capital Ventures.
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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 Grwth Lbs
| 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 - Grwth Lbs
| 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 |
Grwth Lbs Comparisons
Competitors of Grwth Lbs
Grwth Lbs 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 Polygon, Wuri, IBEX, Nexus Mutual and Onmeta, 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 |
Scalable blockchain interoperability protocols are developed for enhanced network security.
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| domain | founded_year | HQ Location |
Stories across multiple genres are provided for online reading.
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| domain | founded_year | HQ Location |
Infrastructure for instant, interoperable financial settlement is provided by IBEX.
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| domain | founded_year | HQ Location |
Blockchain-based P2P insurance is provided for individuals and smart contracts.
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| domain | founded_year | HQ Location |
Cryptocurrency and DApp services are provided by Onmeta.
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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 Grwth Lbs
When was Grwth Lbs founded?
Grwth Lbs was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Where is Grwth Lbs located?
Grwth Lbs is headquartered in United Kingdom.
Is Grwth Lbs a funded company?
Grwth Lbs is a funded company, having raised a total of $7.1M across 1 funding round to date. The company's 1st funding round was a Seed of $7.1M, raised on Mar 30, 2021.
How many employees does Grwth Lbs have?
As of Aug 31, 2022, the latest employee count at Grwth Lbs is 8.
What does Grwth Lbs do?
Grwth Lbs was founded in 2020 in the United Kingdom. Operations center on the web3 sector, where decentralized finance products are created. A stablecoin yield aggregator is provided, through which investment risks are distributed and yields are optimized across protocols. The companys domain, grwthlbs.com, supports these services for users seeking diversified DeFi exposure.
Who are the top competitors of Grwth Lbs?
Grwth Lbs's top competitors include Polygon, Nexus Mutual and IBEX.
What products or services does Grwth Lbs offer?
Grwth Lbs offers Zeal Wallet, Zeal Debit Card, and Zeal Chrome Extension.
Who are Grwth Lbs's investors?
Grwth Lbs has 6 investors. Key investors include Galaxy, Framework Ventures, Variant Fund, Nascent Ventures, and A.Capital.