Grovara
Latest round
- Seed
Last raised
- Mar 2021
Total raised
- $5.6M
Investors
- 6
About Grovara
Grovara, LLC specializes in facilitating global trade within the Consumer Packaged Goods (CPG) sector. Founded in 2011 in Philadelphia, US, by Abu Kamara and Peter Groverman, the company has completed a total of 4 deals, with the most recent deal occurring on March 24, 2021.Grovara operates a proprietary technology platform designed to streamline global trade in the Consumer Packaged Goods (CPG) industry, primarily through B2B transactions. The company offers a variety of services that facilitate the wholesale distribution process, including automated order management, logistics tracking, compliance handling, and payment processing. By connecting brands with retailers, clinics, and distributors worldwide, Grovara enhances the efficiency of transactions while ensuring that all parties in the supply chain are vetted and compliant. Their service offerings target various sectors, including health and wellness, food and beverage, and personal care, with specific products addressing pain relief and wellness solutions, such as those provided by partner brands like P 30:2.Grovara generates revenue through its subscription-based model, which includes various service tiers for brands and buyers on its platform. Clients pay monthly fees based on access to specific features and data insights, such as the Grovara Data Packages that start at USD 495/month, aimed at enhancing decision-making with valuable industry analytics. The transactional structure typically involves partnerships with retailers and wholesalers, facilitating direct B2B sales that allow brands to reach end consumers efficiently. In addition to subscription fees, Grovara's revenue may also stem from transactional commissions as products are sold through its marketplace. The company is focused on developing new product offerings and expanding into additional markets, specifically targeting growth in Europe and Asia by the end of 2022. These initiatives are aimed at broadening their service capabilities and enhancing their market presence.
Who invested in Grovara
6 investors across 3 rounds
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Questions about Grovara
Who invested in Grovara?
Grovara has 6 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Grovara raised?
Grovara has raised 3 venture rounds. Sign up free to see how much each round raised and the total.
When did Grovara last raise money?
Grovara's most recent round on record is a Seed, in Mar 2021.
What does Grovara do?
Grovara, LLC specializes in facilitating global trade within the Consumer Packaged Goods (CPG) sector.
Where is Grovara headquartered?
Grovara is headquartered in Philadelphia, US.
Which VCs invest in companies like Grovara?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back marketing/advertising companies at Grovara's stage. Their profiles are linked below.
VCs backing marketing/advertising startups at Seed
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