# Grove Redefines Our Very Existence

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/grove-redefines-our-very-existence

- Industry: Software
- Headquarters: Tampa, US
- Website: www.grove.city
- Latest round: Seed (Oct 29, 2021)
- Investors on record: 3

## About

Founded in 2017, and based in Florida, US, Grove Redefines Our Very Existence Inc., formely known as Pocket Network Inc., operates as a blockchain data company. The company was founded by its CEO Michael O’Rourke. In January 2022, Pocket Network Inc. raised USD 10 million in venture funding co-led by new investors Arrington XRP Capital, C2 Ventures, Republic Capital, and RockTree Capital. As of 2022, the company consists of 18,000 full nodes operated by independent providers.

Pocket Network operates a blockchain platform for Web3 applications that leverages decentralized cloud computing and bandwidth on nodes to coordinate and distribute data across all blockchain networks, avoiding a single point of failure in the event of an outage or a security breach. As of 2022, the platform is available in more than 20 major blockchain networks including Ethereum, Harmony, Solana, and Polygon, and offers digital wallet, dashboard, and online blockchain browser services.

The company plans to use the January funding to develop its network and for global business expansion.

## Funding rounds

- Seed, Oct 29, 2021 — Leland Ventures
- Seed, Jul 7, 2020 — Borderless Capital
- Seed, Nov 15, 2019 — Argonautic Ventures

## Investors

- Argonautic Ventures (https://capitalatlas.ai/funds/argonautic-ventures) — Seed
- Borderless Capital (https://capitalatlas.ai/funds/borderless-capital) — Seed
- Leland Ventures (https://capitalatlas.ai/funds/leland-ventures) — Seed