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Grover

Grover Revenue

Technology, Information and InternetFlag of DEBerlin, Berlin, Germany201-500 Employees

$

Grover revenue & valuation

Annual revenue$120,000,000
Revenue per employee$367,000
Estimated valuation?$384,000,000
Total funding$346,900,000

Key Contacts at Grover

Flag of GB

Rob Straathof

Chief Executive Officer

Flag of US

Lindsey Wood

Chief Executive Officer

Company overview

HeadquartersPotsdamer Str. 125, Berlin, Berlin 10783, DE
Phone number+49241705390000
Website
SIC735
Keywords
Technology, Consumer Electronics, Product-As-A-Service, Rent-Commerce, Flexible Finance
Founded2015
Employees201-500
Socials

Grover Email Formats

Grover uses 4 email formats. The most common is {first name} (e.g., john@grover.com), used 46.6% of the time.

FormatExamplePercentage
{first name}
john@grover.com
46.6%
{first name}.{last name}
john.doe@grover.com
29.1%
{first initial}.{last name}
j.doe@grover.com
18.9%
{first initial}{last name}
jdoe@grover.com
3.4%

About Grover

Grover is the global leader in technology rentals, enabling people and empowering businesses to subscribe to tech products monthly instead of buying them. Founded in 2015 by Michael Cassau, Grover’s mission is to make exceptional technology more accessible, because technology is a basic human right. With Grover and Grover Business, subscribers and companies get access to a wide range of tech products, including smartphones, laptops and smartwatches on a flexible, monthly rental basis. Once a product rental period has ended, Grover’s service allows its users to return the product free of charge. They can also decide to extend the product rental length or exchange the product for something else. Grover Business even takes care of the tech procurement and management process so that companies can stay focused on growth. Rentals are available in Germany, Austria, the Netherlands and Spain at GROVER.COM, as well as in Germany through Grover’s online and offline partner network, including Europe’s leading electronics retail group, MediaMarktSaturn. Grover is a pioneer in the circular economy: Its business model of renting out and refurbishing tech products contributes to devices being used more frequently and for a longer period. This increases the potential to avoid e-waste. To date, Grover has circulated more than 1.2 million devices in total. With total funding of around €1.4 billion to date and over 400 employees, Grover is one of the fastest-growing scaleups in Europe. www.grover.com

Employees by Management Level

Total employees: 201-500

Seniority

Employees

Entry
Manager
Senior

Employees by Department

Grover has 165 employees across 15 departments.

Departments

Number of employees

Funding Data

Explore Grover's funding history, including investment rounds, total capital raised, and key backers.

Funding Date
Round
Amount
Link to Article
2022-10-2812$292,400,000
2024-08-181$54,500,000

Funding Insights

$346,900,000

Total funding amount

$54,500,000

Most recent funding amount

2

Number of funding rounds

Grover Tech Stack

Discover the technologies and tools that power Grover's digital infrastructure, from frameworks to analytics platforms.

Segment

Segment

Customer data platform

Reddit Ads

Reddit Ads

Advertising

Criteo

Criteo

Advertising

Redux

Redux

JavaScript frameworks

Amazon SES

Amazon SES

Email

Contentful

Contentful

CMS

Node.js

Node.js

Programming languages

Apollo

Apollo

JavaScript libraries

Reviews.io

Reviews.io

Reviews

PWA

PWA

Miscellaneous

Hotjar

Hotjar

Analytics

Envoy

Envoy

Reverse proxies

Frequently asked questions

Grover is located in Berlin, Berlin, DE.
You can reach Grover at +49241705390000.
Grover generates an estimated annual revenue of $120,000,000. This revenue figure reflects the company's market position and business performance in its industry.
Grover has an estimated valuation of $384,000,000. This valuation is calculated based on industry-standard revenue multiples and reflects the company's growth potential and market positioning.
Grover was founded in 2015, making it 11 years old. The company has established itself as a significant player in its industry over this time.
Grover has approximately 201-500 employees. The company continues to grow its workforce to support its business operations and expansion.
Grover has raised a total of $346,900,000 across 2 funding rounds. This investment has helped the company grow and expand its operations.

4.8

40,000 users

top 50
high performer
most used
tier 1 accuracy

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