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Grover Group
Active 🦄 UnicornGrover gives you the freedom of renting.
Grover Group GmbH
About Grover Group
Grover brings the access economy to the consumer electronics market, by offering a simple, monthly subscription model for the best in tech. Grover is a fresh alternative to owning things – making technology accessible to everyone, by enabling people to subscribe to tech products monthly instead of buying them.
Former name: ByeBuy Global Operations
Funding
€1bn
Total raised
€1bn
Valuation
| Round | Year | Amount |
|---|---|---|
| Latest round | 2024 | €50m |
| Round −1 | 2022 | €575m |
| Round −2 | 2021 | €60m |
| Round −3 | 2020 | €195m |
| Round −4 | 2019 | €61m |
| Round −5 | 2018 | €37m |
Financials (€m)
| Year | Revenue | EBIT |
|---|---|---|
| 2018 | €2.8m | €-4.9m |
| 2019 | €4.8m | €-14.4m |
| 2020 | €17.7m | €-10.6m |
| 2021 | €48m | €-45.5m |
Latest news
- https://www.eu-startups.com/2024/07/berlin-based-grover-secures-e50-million-to-make-rental-commerce-lead-the-circular-economy/?mc_cid=78d20c89ec&mc_eid=f1b5b10ca7
- https://www.finsmes.com/2022/09/grover-raises-receives-e270m-debt-financing-facility.html
- https://www.handelsblatt.com/technik/it-internet/kreislaufwirtschaft-erstes-deutsches-milliarden-start-up-der-kreislaufwirtschaft-warum-der-gebrauchtmarkt-jetzt-boomt/28231022.html
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