About U Grok
U Grok is a company based in Steamboat Springs (United States) founded in 2011 was acquired by Turck in April 2017. U Grok has raised $800 thousand across 2 funding rounds from investors including Foundry and Turck. U Grok offers products and services including Handheld RFID Reader, U Grok It SDK, Discover Grok App, and Grok Demo App. U Grok operates in a competitive market with competitors including Zebra, Omni-ID, Tego, Acsis and Locix, among others.
- Headquarter Steamboat Springs, United States
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Sectors
Technology
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- Legal Name U Grok It, Inc.
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Products & Services of U Grok
U Grok offers a comprehensive portfolio of products and services, including Handheld RFID Reader, U Grok It SDK, Discover Grok App, and Grok Demo App.
Lightweight reader for identifying and tracking assets via smart devices.
Software kits for building custom RFID applications on mobile platforms.
iOS app for demonstrating RFID functionality and asset management.
Android app for testing RFID tracking and inventory features.
Funding Insights of U Grok
U Grok has successfully raised a total of $800K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $600 thousand completed in May 2014. 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 U Grok
U Grok has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Foundry and Turck.
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Venture capital is invested in early-stage tech startups.
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Turck is recognized as a global leader in automation solutions.
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Investor details for U Grok
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Investments & Acquisitions by U Grok
Investment portfolio details for U Grok
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Financial Statements - U Grok
Detailed financials for U Grok
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U Grok Comparisons
Peer comparison for U Grok
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Competitors of U Grok
U Grok 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 Zebra, Omni-ID, Tego, Acsis and Locix, among others.
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Zebra Technologies is recognized for providing intelligent operation solutions globally.
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UHF RFID tags and solutions are supplied for asset tracking.
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Battery-free RF connectivity chips with sensor support are developed.
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Offers cloud-based supply chain asset tracking solutions
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Wireless sensors are developed for building-wide installations.
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Wireless hardware and software for automated identification are developed.
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Detailed competitors of U Grok
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Latest news on U Grok
Complete news archive for U Grok
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Frequently Asked Questions about U Grok
U Grok was founded in 2011 and raised its 1st funding round 2 years after it was founded.
U Grok is headquartered in Steamboat Springs, United States. It is registered at Steamboat Springs, Colorado, United States.
U Grok is a funded company, having raised a total of $800K across 2 funding rounds to date.
Ugrokit technology identifies objects using standard UHF RFID. The company enables users to identify, locate and track inventory using their smartphone. The ugrokit device attaches to any iOS and Android smartphone via the audio port and the cloud-based backend provides recurring revenues and open software development kit allows developers to integrate the features of RFID into their apps. Acquired by Turck in April 2017.
U Grok offers Handheld RFID Reader, U Grok It SDK, Discover Grok App, and Grok Demo App.