Groove - About the company
Groove is an acquired company based in San Francisco (United States), founded in 2013 by Chris Rothstein and Alexander Sascha Kerschhofer. It operates as a Cloud based Salesforce addons integration solutions. Groove has raised $57M in funding from investors like Level Equity, Alchemist Accelerator and Viking Global Investors. The company has 199 active competitors, including 29 funded and 7 that have exited. Its top competitors include companies like Aviso, GobbleCube and Advisr.
Company Details
Cloud based Salesforce addons integration solutions. The platform enables members to increase sales productivity and performance using Salesforce. It allows members to automate repetitive tasks with Salesforce, create multistep flows to engage contacts with personalized emails, SMS, etc, and streamline workflows, prioritize tasks from Salesforce.
- Website
- groove.co
- Phone Number
- +1 **********
- Registered Address
- San Francisco, California
Key Metrics
Founded Year
2013
Location
San Francisco, United States
Stage
Acquired
Total Funding
$57M in 3 rounds
Latest Funding Round
Investors
Ranked
6th among 199 active competitors
Employee Count
48 as on Sep 30, 2026
Exit Details
Acquired by Clari (Aug 14, 2023)
Legal entities associated with Groove
Groove is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
GROOVE LABS INC. CIN: 465386787 , United States, Active | - | 167 (As on Dec 31, 2022) | - |
Groove's acquisition details
Groove got acquired by Clari on Aug 14, 2023.
Click here to take a look at Groove's acquisition in detail
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Groove's funding and investors
Groove has raised a total funding of $57M over 3 rounds. Its first funding round was on Sep 2014. Its latest funding round was a Series B round on Oct 14, 2021 for $*****. 5 investors participated in its latest round. Groove has 7 institutional investors.
Here is the list of recent funding rounds of Groove:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Oct 14, 2021 | 4846962 | Series B | 9886970 | 5898786 | 7380772 | 9776907 |
May 07, 2020 | 1356995 | Series A | 5172931 | 8388623 | 9525625 | |
Sep 2014 | 5626881 | Seed | 8622930 | 7036003 | 9720014 |
View details of Groove's funding rounds and investors
Groove's founders and board of directors
Founder? Claim ProfileThe founders of Groove are Chris Rothstein and Alexander Sascha Kerschhofer.
Here are the details of Groove's key team members:
- Chris Rothstein: Former Co-Founder & CEO of Groove. Contact Info: 1 email address
- Alexander Sascha Kerschhofer: Former Co-Founder & VP of Product of Groove. Contact Info: 1 email address
View details of Groove's Founder profiles and Board Members
Groove's employee count trend
Groove has 48 employees as of Sep 26. Here is Groove's employee count trend over the years:
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Groove's Competitors and alternates
Top competitors of Groove include Aviso, GobbleCube and Advisr. Here is the list of Top 10 competitors of Groove, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Aviso 2012, Redwood City (United States), Series B | AI powered predictive analytics platform | $31M | 72/100 | |
2nd | GobbleCube 2022, Gurugram (India), Series A | Platform offering AI-driven revenue monitoring and analytics for consumer brands | $20.4M | 64/100 | |
3rd | Advisr 2017, New York City (United States), Acquired | Platform offering software to pitch products to customers | $13M | 59/100 | |
4th | ketteQ 2018, Atlanta (United States), Series B | Provider of AI based demand supply and operations planning software | $30.9M | 55/100 | |
5th | Vividly 2017, San Francisco (United States), Series B | Cloud based brand management solutions | $62.9M | 51/100 | |
6th | Groove 2013, San Francisco (United States), Acquired | Cloud based Salesforce addons integration solutions | $57M | 48/100 | |
7th | Propense.ai 2023, Miami (United States), Seed | AI technology platform to drive cross-selling and identifies new revenue streams for businesses | $3M | 50/100 | |
8th | Fligoo 2011, San Francisco (United States), Series A | AI based solutions for generating customer data and insights | $7.36M | 46/100 | |
9th | FlashIntel 2022, San Francisco (United States), Seed | Go to market intelligence platform for businesses | $10M | 45/100 | |
10th | Brizo Data 2017, Quebec City (Canada), Acquired | Provider of foodservice market intelligence platform delivering operator-level data insights | $6.88M | 41/100 |
Looking for more details on Groove's competitors? Click here to see the top ones
Groove's Investments and acquisitions
Groove has made no investments or acquisitions yet.
Reports related to Groove
Here is the latest report on Groove's sector:
News related to Groove
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Groove Named to Inc. Magazine’s Best Workplaces List for Fourth Year in a RowBusiness Wire•May 09, 2023•Groove
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Groove Named to 2023 Inc. 5000 List of the Fastest-Growing Private Companies in the Pacific U.S.Business Wire•Mar 08, 2023•Groove
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Groove Ranks #1 in Enterprise Customer Satisfaction on G2 for 17th Consecutive QuarterBusiness Wire•Dec 13, 2022•Groove
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