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GroupMe - About the company

GroupMe is an acquired company based in New York City (United States), founded in 2010 by Jared Hecht and Steve Martocci. It operates as a Provider of group messaging application. GroupMe has raised $11.5M in funding from Khosla Ventures, with last known valuation of $*****. The company has 35 active competitors, including 1 funded and 1 that has exited. Its top competitors include companies like Click, TIYA and 6People.

Company Details

Provider of group messaging application. The app allows users to attach and send pictures, send private messages, and more.
Social
XFacebook
Key Metrics
Founded Year
2010
Location
New York City, United States
Stage
Acquired
Total Funding
$11.5M in 2 rounds
Latest Funding Round
Last Known Valuation
$***** as on Mar 30, 2016
Ranked
Employee Count
10 as on May 31, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by Skype (Aug 21, 2011)

GroupMe's acquisition details

GroupMe got acquired by Skype on Aug 21, 2011.
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GroupMe's funding and investors

GroupMe has raised a total funding of $11.5M over 2 rounds. Its first funding round was on Aug 25, 2010. Its latest funding round was a Series B round on Jan 04, 2011 for $*****. 8 investors participated in its latest round. GroupMe has 9 institutional investors.

Here is the list of recent funding rounds of GroupMe:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jan 04, 2011
1029433
Series B
6917201
7940417
9740308
9203821
Aug 25, 2010
8366225
Series A
4145872
1909040
8093283
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GroupMe's founders and board of directors

Founder? Claim Profile
The founders of GroupMe are Jared Hecht and Steve Martocci.
Here are the details of GroupMe's key team members:

GroupMe's employee count trend

GroupMe has 10 employees as of May 26. Here is GroupMe's employee count trend over the years:
Employee count trend for GroupMe
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GroupMe's Competitors and alternates

Top competitors of GroupMe include Click, TIYA and 6People. Here is the list of Top 10 competitors of GroupMe, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for GroupMe
GroupMe
2010, New York City (United States), Acquired
Provider of group messaging application
$11.5M
50/100
2nd
Logo for Click
Click
2023, Russia, Deadpooled
A mobile application for messaging
-
-
31/100
3rd
Logo for TIYA
TIYA
2019, Singapore (Singapore), Unfunded
Online platform for group chat with strangers
-
-
30/100
4th
Logo for 6People
6People
2021, Melbourne (Australia), Unfunded
App-based platform for group messaging and multi-media sharing
-
-
29/100
5th
Logo for Tellfy
Tellfy
2017, Barcelona (Spain), Unfunded
App-based group messaging and multi-media sharing platform
-
-
26/100
6th
Logo for Telegram Group
Telegram Group
2020, Hong Kong (China), Unfunded
Online platform for group messaging
-
-
26/100
7th
Logo for Bunches
Bunches
2019, Nashville (United States), Deadpooled
Social network platform for connecting with sports fan
-
25/100
8th
Logo for Now4real
Now4real
2018, Milan (Italy), Unfunded
Developer of AI-moderated group chat software for website visitor engagement
-
-
24/100
9th
Logo for Podiem
Podiem
2024, Hyderabad (India), Unfunded
Provider of an integrated platform for real estate, jobs, and B2B connections
-
-
24/100
10th
Logo for MyGateway
MyGateway
Windhoek (Namibia), Unfunded
Provider of a community-centric app for connecting like-minded individuals
-
-
24/100
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GroupMe's Investments and acquisitions

GroupMe has acquired Sensobi. GroupMe has not made any investments as of now.

Reports related to GroupMe

Here is the latest report on GroupMe's geography:

News related to GroupMe

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FAQs about GroupMe

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