The Grommet
Latest round
- Series A
Last raised
- Jan 2011
Total raised
- $3.9M
Investors
- 1
About The Grommet
The Grommet, Inc.Founded in 2008 in Somerville, US, The Grommet, Inc. focuses on bringing innovative consumer products to market.Grommet specializes in curating and promoting innovative consumer products across various categories, including beauty, health and wellness, kitchen, outdoor living, and more. Their core offerings feature unique items designed for everyday problem-solving, such as the Edge Perfection nail polish sealing tool, the BetterGrip paint roller, and the Pulse & Heat Intelligent Neck Massager. These products serve a diverse clientele, including individual consumers looking for effective solutions to common challenges and small businesses seeking distinctive retail items.S. consumer base but may extend to international markets through online sales channels.Grommet generates revenue through direct-to-consumer sales, offering a variety of products that cater to different price points and consumer needs. Customers typically purchase items individually, with the platform showcasing flagship products such as the LIVFRESH gel toothpaste and the Negg egg peeler. The company employs a transactional model that facilitates straightforward purchases via its e-commerce site, providing customers with an accessible shopping experience.In October 2017, Ace Hardware Corporation completed its acquisition of a majority stake from The Grommet, Inc. Financial terms of the deal were not disclosed. Looking ahead, Grommet is focused on launching new products and plans to target expansion into new geographic regions.
Who invested in The Grommet
1 investor across 2 rounds
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Questions about The Grommet
Who invested in The Grommet?
The Grommet has 1 investor on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has The Grommet raised?
The Grommet has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did The Grommet last raise money?
The Grommet's most recent round on record is a Series A, in Jan 2011.
What does The Grommet do?
The Grommet is a internet company.
Where is The Grommet headquartered?
The Grommet is headquartered in Somerville, US.
Which VCs invest in companies like The Grommet?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back internet companies at The Grommet's stage. Their profiles are linked below.
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