Grabit
Latest round
- Series A
Last raised
- Oct 2013
Total raised
- $5M
Investors
- 3
About Grabit
Grabit, Inc.Founded in 2013 and headquartered in Sunnyvale, US, Grabit, Inc. designs automation solutions that enhance material handling processes.Grabit™ focuses on advanced automation solutions utilizing its proprietary electroadhesion technology to efficiently handle diverse materials, from fragile items to heavy packages weighing up to 50 lbs. Their solutions target traditionally labor-intensive processes, significantly improving efficiency for manufacturers and logistics firms.Grabit generates revenue primarily through B2B transactions with manufacturers and logistics firms, offering tailored automation solutions that leverage their electroadhesion technology.Grabit plans to develop new products centered around its electroadhesion technology, with additional releases expected in the near future. The company aims to expand into new markets, focusing on geographic regions that align with their growth strategy.
Who invested in Grabit
3 investors across 1 round
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Funding rounds
Series A
Oct 7, 2013
Amount
$5M
Investors
Questions about Grabit
Who invested in Grabit?
Grabit has 3 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Grabit raised?
Grabit has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Grabit last raise money?
Grabit's most recent round on record is a Series A, in Oct 2013.
What does Grabit do?
Grabit is a business support services company.
Where is Grabit headquartered?
Grabit is headquartered in Sunnyvale, US.
Which VCs invest in companies like Grabit?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back business support services companies at Grabit's stage. Their profiles are linked below.
VCs backing business support services startups at Series A
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