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Grover (company)

Grover (company)

A company with an e-commerce website for renting digital devices instead of buying them. It was founded by Michael Cassau in 2015 and is located in Berlin, Germany.

OverviewStructured DataIssuesContributors

Contents

getgrover.com
grover.com/us-en
grover.com
Is a
Organization
Organization
Company
Company

Company attributes

Industry
Rental
Rental
Consumer electronics
Consumer electronics
Sharing economy
Sharing economy
E-commerce
E-commerce
Finance
Finance
Technology
Technology
Financial technology
Financial technology
Location
Germany
Germany
Berlin
Berlin
B2X
B2B
B2B
Marketplace
Marketplace
B2C
B2C
CEO
Michael Cassau
Michael Cassau
Founder
Michael Cassau
Michael Cassau
AngelList URL
angel.co/getgrover
Pitchbook URL
pitchbook.com/profiles...113503-87
Legal Name
Grover Group GmbH
Number of Employees (Ranges)
201 – 5000
Email Address
grover@grover.com
Phone Number
+493030808251
Number of Employees
4790
Investors
Seedcamp
Seedcamp
Augmentum Capital
Augmentum Capital
Commerzbank
Commerzbank
0
Varengold Bank
Varengold Bank
Main Incubator
Main Incubator
June Fund
June Fund
Energy Impact Partners
Energy Impact Partners
Viola Ventures (formerly Carmel Ventures)
Viola Ventures (formerly Carmel Ventures)
...
Founded Date
April 1, 2015
Total Funding Amount (USD)
414,500,000
Latest Funding Round Date
July 18, 2024
Competitors
everphone
everphone
Latest Funding Type
Series C
Series C
Wellfound ID
getgrover
Country
Germany
Germany
Headquarters
Berlin
Berlin

Other attributes

Blog
blog.getgrover.com/en/
Company Operating Status
Active
Latest Funding Round Amount (USD)
54,000,000
Company

Grover is a Berlin-based subscription-based platform that is specifically designed for the rental of technology devices. It has partnerships with digital device distributors such as MediaMarktSaturn, Gravis, Conrad and Tchibo.

Product

Users can sign up on the Grover platform as either a private customer or a business customer. After logging in, users can search for technological devices to rent. Some examples of devices that are offered on the platform include an Apple MacBook Air, Nintendo Switch Lite, Samsung Galaxy Phone, LG television, and DJI Mavic 2 Pro (drone). Users can choose to rent the item for a specific period of time, such as three or six months. The provider of the product may also have a minimum month rental, such as a 12 month minimum. Users have the choice to keep renting, return the product, or buy the product at the end of the rental agreement.

The platform is also available in some electronics retailers in Germany. It follows the same concept of allowing users to rent the electronic instead of buying it.

Timeline

No Timeline data yet.

Funding Rounds

Products

Acquisitions

SBIR/STTR Awards

Patents

Further Resources

Title
Author
Link
Type
Date

Berlin-based electronics subscription service Grover closes €41 million in pre-Series B funding

Mary Loritz

https://www.eu-startups.com/2019/10/berlin-based-tech-subscription-service-grover-closes-e41-million-in-pre-series-b-funding/

Web

October 1, 2019

Grover - Zero Gravity (Official)

https://youtu.be/u0v_JLlJvTk

Web

February 17, 2020

Grover tops up debt facility to €250M to scale its renting model for consumer electronics

Steve O'Hear

https://techcrunch.com/2020/01/15/grover-tops-up-debt-facility/

Web

January 15, 2020

References

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