Grabr
Latest round
- Series A
Last raised
- Jan 2018
Total raised
- $11M
Investors
- 5
About Grabr
Based in the US, Grabr Inc.Grabr Inc. is a peer-to-peer delivery service that links shoppers with travelers for the delivery of international products. Founded in 2015 and headquartered in San Francisco, US, the company has engaged in 7 deals, with the most recent occurring on February 5, 2021.116 mn.Grabr offers a unique peer-to-peer delivery service that connects shoppers with travelers to facilitate the acquisition of products that are not readily available or are prohibitively expensive in the shoppers' local markets. Users can create orders for specific items, allowing travelers to bid on the delivery, which fosters a community-driven marketplace. This model empowers shoppers to obtain a wide array of products, from consumer goods like baby clothes and tech gadgets to specialized items, thereby addressing significant barriers to international shopping. Grabr primarily targets shoppers in countries where access to international products is limited while providing travelers with an opportunity to monetize their luggage space.Grabr's revenue model is centered around transaction fees generated from the delivery service. When a shopper places an order, they agree on a monetary reward for the traveler who fulfills the delivery, which includes all applicable taxes and fees calculated by the platform. This structure effectively creates a marketplace where the shopper pays for the item plus the agreed delivery fee, and the traveler receives their reward upon successful delivery. Specific target markets for expansion include additional countries in Europe and Asia, with a focus on increasing accessibility to international products for consumers in these areas. Grabr aims to launch new features within the platform to streamline the shopping experience and improve user engagement, although specific release dates for these upcoming products have not yet been disclosed.
Who invested in Grabr
5 investors across 2 rounds
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Questions about Grabr
Who invested in Grabr?
Grabr has 5 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Grabr raised?
Grabr has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Grabr last raise money?
Grabr's most recent round on record is a Series A, in Jan 2018.
What does Grabr do?
Grabr is a internet company.
Where is Grabr headquartered?
Grabr is headquartered in San Francisco, US.
Which VCs invest in companies like Grabr?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back internet companies at Grabr's stage. Their profiles are linked below.
VCs backing internet startups at Series A
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