# GromaCorp

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/gromacorp

- Industry: Real Estate Development & Operating Companies
- Headquarters: Boston, US
- Website: www.groma.com
- Total disclosed funding: $29M
- Latest round: Series A (Apr 29, 2022)
- Investors on record: 5

## About

Founded in 2020 and based in Massachusetts, US, GromaCorp, Inc., also known as Groma, operates as a real estate development and management firm. In April 2022, Groma raised USD 29.28 million in Series A funding led by Castle Island Ventures, Bantam Group, Echelon Capital, and Launchpad Venture Group. As of 2023, the company’s president is Seth Priebatsch.

Groma provides a blockchain-powered REIT (real estate investment trust) platform that allows investors to invest in real estate properties in the US, enabling them to earn higher returns on their investments. The company rents various residential and commercial properties to tenants and communities. As of 2023, the company had more than 40 buildings in the Greater Boston area.

## Funding rounds

- Series A, Apr 29, 2022, $29M — Launchpad Venture Group, Bantam Group, Castle Island Ventures, Osbon Capital Management, Echelon Capital

## Investors

- Launchpad Venture Group (https://capitalatlas.ai/funds/launchpad-venture-group) — Series A
- Bantam Group — Series A
- Castle Island Ventures (https://capitalatlas.ai/funds/castle-island-ventures) — Series A
- Osbon Capital Management — Series A
- Echelon Capital (https://capitalatlas.ai/funds/echelon-capital) — Series A