GrowSari

InternetSeries CQuezon City, Philippinesgrowsari.com

Latest round

Series C

Last raised

Apr 2022

Total raised

$108M

Investors

12

About GrowSari

GrowSari Inc.Founded in 2015 by Andrzej Ogonowski, ER Rollan, and Shiv Choudhury in Quezon City, Philippines, GrowSari Inc. provides a platform designed for sari-sari store owners." This all-in-one platform facilitates various functions, including purchasing inventory, loading services, and bill payments, providing a comprehensive business solution for small retailers. The app connects vendors to over 50,000 sari-sari stores across key urban and rural areas in the Philippines, enabling these store owners to efficiently order from a catalog of over 300 distributor-priced products from well-known brands such as Alaska, Nestle, and Lucky Me!GrowSari's revenue model is structured around transactions facilitated through its app, which serves both B2B and direct-to-consumer markets.69 mn. Retailers, or Tinderas, utilize the platform to purchase products and services, driving revenue through product sales and additional features like load services and bill payments. The company generates revenue through a combination of transaction fees, commissions on sales, and possibly subscription fees for premium services.In August 2024, GrowSari Inc. The company is strategizing to launch new features within its app, aimed at improving retail operations for Tinderas. GrowSari plans to target additional regions throughout the Philippines, focusing on underserved areas by the end of 2025, thereby increasing its user base and service reach.

Who invested in GrowSari

12 investors across 3 rounds

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Funding rounds

  1. Series C

    Apr 1, 2022

    Amount

    $78M

    Investors

    Locked

  2. Series B

    Aug 11, 2021

    Amount

    $29M

    Investors

    Locked

  3. Series A

    Sep 12, 2018

    Amount

    $1.5M

    Investors

    Locked

Questions about GrowSari

Who invested in GrowSari?

GrowSari has 12 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 GrowSari raised?

GrowSari has raised 3 venture rounds. Sign up free to see how much each round raised and the total.

When did GrowSari last raise money?

GrowSari's most recent round on record is a Series C, in Apr 2022.

What does GrowSari do?

GrowSari is a internet company.

Where is GrowSari headquartered?

GrowSari is headquartered in Quezon City, Philippines.

Which VCs invest in companies like GrowSari?

Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Hui Hua Fund, Yufu Capital and ICBC Capital Management back internet companies at GrowSari's stage. Their profiles are linked below.

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