About Vertical Grooves
Vertical Grooves is a company based in Chicago (United States) founded in 2013 by Tony Vitale.. Vertical Grooves has raised $650 thousand across 1 funding round. Vertical Grooves offers products and services including Floating Record - Classic Vertical Turntable, Floating Record - Vertical Bluetooth Turntable, Bluetooth Gramophone, Silicone Drive Belt Replacement, and Turntable Stylus. Vertical Grooves operates in a competitive market with competitors including Aiwa, House of Marley, Mark Levinson, 808 Audio and Zolo Audio, among others.
- Headquarter Chicago, United States
- Founders Tony Vitale
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Sectors
Retail
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Vertical Grooves, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$650 K (USD)
in 1 rounds
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Latest Funding Round
$650 K (USD), Series A
Sep 02, 2014
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Investors
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Employee Count
Employee Count
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Products & Services of Vertical Grooves
Vertical Grooves offers a comprehensive portfolio of products and services, including Floating Record - Classic Vertical Turntable, Floating Record - Vertical Bluetooth Turntable, Bluetooth Gramophone, Silicone Drive Belt Replacement, and Turntable Stylus. 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.
Vertical turntable for vinyl playback with classic design.
Bluetooth-enabled turntable for wireless music streaming.
Modern gramophone with steel horn and walnut base.
Replacement belt for maintaining turntable functionality.
Stylus for precise vinyl record playback needs.
Funding Insights of Vertical Grooves
Vertical Grooves has successfully raised a total of $650K through 1 strategic funding round. The most recent funding activity was a Series A round of $650 thousand completed in September 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.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series A — $650,000
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First Round
First Round
(02 Sep 2014)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2014 | Amount | Series A - Vertical Grooves | Valuation |
investors |
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| 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 |
Investments & Acquisitions by Vertical Grooves
| 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 - Vertical Grooves
| 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 |
Vertical Grooves Comparisons
Competitors of Vertical Grooves
Vertical Grooves 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 Aiwa, House of Marley, Mark Levinson, 808 Audio and Zolo Audio, 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 |
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| domain | founded_year | HQ Location |
Audio equipment and home appliances are manufactured by Aiwa.
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| domain | founded_year | HQ Location |
Produces eco-friendly speakers, headphones, turntables, and accessories for consumers.
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| domain | founded_year | HQ Location |
Multi-category audio devices are offered by this internet-first brand.
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| domain | founded_year | HQ Location |
Produces high-quality audio accessories.
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| domain | founded_year | HQ Location |
Zolo Audio is a brand specializing in high-quality earphones for consumers.
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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 Vertical Grooves
When was Vertical Grooves founded?
Vertical Grooves was founded in 2013 and raised its 1st funding round 1 year after it was founded.
Where is Vertical Grooves located?
Vertical Grooves is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.
Is Vertical Grooves a funded company?
Vertical Grooves is a funded company, having raised a total of $650K across 1 funding round to date. The company's 1st funding round was a Series A of $650K, raised on Sep 02, 2014.
What does Vertical Grooves do?
Vertical Grooves was founded in 2013 in Chicago, United States, as an online platform focused on audio technology. Smart devices such as vertical grooves, gramophones, and speakers are provided, with features including Bluetooth connectivity. Operations center on e-commerce distribution of these accessories to customers across the region, serving the consumer electronics sector without physical retail presence. Co-founder Tony Vitale leads the initiative.
Who are the top competitors of Vertical Grooves?
Vertical Grooves's top competitors include Aiwa, Mark Levinson and House of Marley.
What products or services does Vertical Grooves offer?
Vertical Grooves offers Floating Record - Classic Vertical Turntable, Floating Record - Vertical Bluetooth Turntable, Bluetooth Gramophone, Silicone Drive Belt Replacement, and Turntable Stylus.
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