# Gronda

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

- Industry: Internet
- Headquarters: Austria
- Website: www.gronda.eu
- Total disclosed funding: $0.5M
- Latest round: Seed (Mar 1, 2017)
- Investors on record: 2

## About

Gronda GmbH specializes in innovative digital solutions for the hospitality industry, enhancing operational efficiency by connecting restaurants with potential customers through a comprehensive online platform.Gronda GmbH, founded in 2015 in Austria, operates an online platform that connects hospitality venues with customers. The company has received funding totaling EUR 1.5 million, with its most recent deal occurring on February 5, 2020, involving investors such as HOWZAT Partners and Speedinvest. The founders, Juan Vicci, Tobias Zetzsche, and Valentin Schuetz, have a background in hospitality and technology, and Valentin Schuetz currently serves as the CEO.Gronda specializes in providing innovative solutions aimed at streamlining operations within the hospitality sector. Their core product offerings include a comprehensive online platform designed to connect restaurants and hospitality venues with potential customers, enhancing visibility and improving reservation management. By facilitating seamless communication between establishments and diners, Gronda addresses common challenges such as overbooking, customer engagement, and operational efficiency. The platform is tailored for use by various stakeholders, including restaurant owners, managers, and patrons, primarily focusing on the European market, with notable presence in cities such as Paris, Milan, and Berlin.Gronda's revenue model is primarily driven by transactional fees associated with its online platform, which operates on a subscription basis for restaurant partners. Clients sign up for different tiers of service, which include access to advanced features such as analytics and customer relationship management tools. The structure of transactions typically involves monthly subscription payments from restaurant clients, enabling them to utilize Gronda's tools to increase foot traffic and reservations. Additional revenue may be generated through partnerships with hospitality-related services. Overall, the company’s revenue is closely linked to the adoption and utilization of its flagship platform by a growing number of restaurants across targeted European markets.In February 2020, Gronda GmbH raised EUR 1.5 million in venture funding, which will be utilized to enhance product offerings and expand market reach. The company plans to release new features aimed at improving customer engagement and operational analytics by mid-2021. Additionally, Gronda aims to expand its services into new geographic regions, with a focus on Southern European markets including Spain and Portugal, by the end of 2021.

## Funding rounds

- Seed, Mar 1, 2017, $0.5M — HOWZAT Partners, Mairdumont Ventures

## Investors

- HOWZAT Partners (https://capitalatlas.ai/funds/howzat-partners) — Seed
- Mairdumont Ventures (https://capitalatlas.ai/funds/mairdumont-ventures) — Seed