Gro Solutions - About the company
Gro Solutions is an acqui-hired company based in Alpharetta (United States), founded in 2015. It operates as a Digital customer acquisition solution provider. Gro Solutions has raised $4.25M in funding from TTV Capital. The company has 4341 active competitors, including 263 funded and 150 that have exited. Its top competitors include companies like Salesforce, HubSpot and Freshworks.
Company Details
Gro Solutions, a subsidiary of Mobile Strategy Partners, streamlines the customer acquisition process for banks and credit unions. Their flagship product, Gro Account Opening allows the organizations to on-board the customers quickly, they claim that they enable organisations to open and fund new accounts in the less than 4 minutes, both, online or offline. Their another product, Gro Mobile Switch Assist prompts existing users to use their mobile device to switch. Gro Mobile Switch Assist helps on-the-go customers gather needed information for each bill and direct deposit, forging a strong mobile relationship, thereby increasing customer LTV.
- Website
- grobanking.com
Key Metrics
Founded Year
2015
Location
Alpharetta, United States
Stage
Acqui-Hired
Total Funding
$4.25M in 1 round
Latest Funding Round
Investors
Ranked
571st among 4341 active competitors
Employee Count
18 as on Dec 31, 2018
Legal entities associated with Gro Solutions
Gro Solutions is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
GRO SOLUTIONS INC CIN: 320474042 , United States, Active | Dec 31, 1999 | - | 18 (As on Dec 31, 2018) | - |
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Gro Solutions's funding and investors
Gro Solutions has raised a total funding of $4.25M over 1 round. Its latest funding round was a Series A round on Mar 20, 2017 for $*****. 4 investors participated in its latest round. Gro Solutions has 7 institutional investors.
Here is the list of recent funding rounds of Gro Solutions:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 20, 2017 | 3487458 | Series A | 2215472 | 3136467 | 6636648 | 1023906 |
View details of Gro Solutions's funding rounds and investors
Gro Solutions' founders and board of directors
Founder? Claim ProfileGro Solutions' employee count trend
Gro Solutions has 18 employees as of Dec 18. The total employee count is 18.0% lower than what it was in Dec 17. Here is Gro Solutions's employee count trend over the years:
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Gro Solutions's Competitors and alternates
Top competitors of Gro Solutions include Salesforce, HubSpot and Freshworks. Here is the list of Top 10 competitors of Gro Solutions, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Salesforce 1999, San Francisco (United States), Public | Provider of a platform delivering customer relationship management and cloud solutions | $52M | 88/100 | |
2nd | HubSpot 2005, Cambridge (United States), Public | Provider of a platform offering marketing, sales, and customer service software | $101M | 88/100 | |
3rd | Freshworks 2010, Chennai (India), Public | Provider of IT service management and customer support solutions | $400M | 84/100 | |
4th | Provider of cloud-based business software suite for diverse operational requirements | - | - | 76/100 | |
5th | Platform offering revenue intelligence solutions | $584M | 76/100 | ||
6th | Outreach 2014, Seattle (United States), Series G | Provider of an AI revenue workflow platform for sales teams | $489M | 75/100 | |
7th | Attio 2017, London (United Kingdom), Series B | Cloud based platform offering CRM software to enterprises | $141M | 72/100 | |
8th | SugarCRM 2004, Cupertino (United States), Acquired | AI-based open-source CRM software | $152M | 72/100 | |
9th | Creatio 2014, Boston (United States), Series D | AI CRM and workflow platform where people and AI agents work together — with no limits on users, agents, or scale | $278M | 70/100 | |
10th | Glia 2012, New York City (United States), Series D | Developer of an AI contact center platform for financial institutions | $152M | 70/100 | |
571st | Gro Solutions 2015, Alpharetta (United States), Acqui-Hired | Digital customer acquisition solution provider | $4.25M | 29/100 |
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Gro Solutions's Investments and acquisitions
Gro Solutions has made no investments or acquisitions yet.
Reports related to Gro Solutions
Here is the latest report on Gro Solutions's sector:
News related to Gro Solutions
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Q2 Holdings Boosts Cross-Selling Capabilities and Accelerates Digital Onboarding with Acquisition of Gro SolutionsBusiness Wire•Dec 03, 2018•Q2 Software, Gro Solutions, http://grosolutions.net
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Provident Bank Chooses Gro Solutions to Boost Mobile-First User-Experience and Drive Account GrowthAiThority•Nov 28, 2018•Gro Solutions, Provident Bank
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Vermont FCU enhances banking experience with Gro SolutionsBanking Technology•Oct 01, 2018•Gro Solutions
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Gro Solutions Names Xtensifi as a Certified Development PartnerBusiness Wire•Jun 27, 2018•Gro Solutions, Xtensifi
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Elements Financial Selects Gro Solutions to Support Digital Excellence and Boost Member ExperienceBusiness Wire•Jun 19, 2018•Gro Solutions
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Gro Solutions Adds Business Account Opening Capabilities to Digital Sales PlatformBusiness Wire•May 22, 2018•Gro Solutions
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PeoplesBank rolls out new digital banking strategy with Gro SolutionsBanking Technology•Apr 13, 2018•People/s Bank, Gro Solutions
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Congressional Federal Credit Union Chooses Gro Solutions to Streamline Digital Onboarding and Strengthen Member ExperienceBusiness Wire•Mar 27, 2018•Gro Solutions
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