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.
- Website
- groupme.com
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
Investors
Ranked
1st among 35 active competitors
Employee Count
10 as on May 31, 2026
Investment & Acquisitions
Exit Details
Acquired by Skype (Aug 21, 2011)
GroupMe's acquisition details
GroupMe got acquired by Skype on Aug 21, 2011.
Click here to take a look at GroupMe's acquisition in detail
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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 |
View details of GroupMe's funding rounds and investors
GroupMe's founders and board of directors
Founder? Claim ProfileThe founders of GroupMe are Jared Hecht and Steve Martocci.
Here are the details of GroupMe's key team members:
- Jared Hecht: Co-Founder of GroupMe and founder of 1 other company. They are also an angel investor in 7 startups.Contact Info: 1 email address
- Steve Martocci: Co-Founder of GroupMe. They are also an angel investor in 3 startups.
View details of GroupMe's Founder profiles and Board Members
GroupMe's employee count trend
GroupMe has 10 employees as of May 26. Here is GroupMe's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | GroupMe 2010, New York City (United States), Acquired | Provider of group messaging application | $11.5M | 50/100 | |
2nd | A mobile application for messaging | - | - | 31/100 | |
3rd | Online platform for group chat with strangers | - | - | 30/100 | |
4th | App-based platform for group messaging and multi-media sharing | - | - | 29/100 | |
5th | App-based group messaging and multi-media sharing platform | - | - | 26/100 | |
6th | Telegram Group 2020, Hong Kong (China), Unfunded | Online platform for group messaging | - | - | 26/100 |
7th | Bunches 2019, Nashville (United States), Deadpooled | Social network platform for connecting with sports fan | - | 25/100 | |
8th | Developer of AI-moderated group chat software for website visitor engagement | - | - | 24/100 | |
9th | Provider of an integrated platform for real estate, jobs, and B2B connections | - | - | 24/100 | |
10th | Provider of a community-centric app for connecting like-minded individuals | - | - | 24/100 |
Looking for more details on GroupMe's competitors? Click here to see the top ones
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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ME Group photobooths receive Biometrics Presentation Attack Detection compliant accreditationGlobalsecuritymag•Feb 24, 2022•GroupMe
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Soon you will be able to send text messages using Google Assistant without unlocking your smartphoneIndia Today•Jul 23, 2019•Google, WhatsApp, Telegram, Slack and 2 others
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WPP acquires mobile ad agency Madhouse; sells stake in Rediffusion joint venturesLivemint•Aug 02, 2018•WPP, Madhouse, GroupM, GroupMe
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Hack for the environment at the Disrupt SF HackathonTechCrunch+•Sep 12, 2016•TechCrunch+, GroupMe, NetZero, Pritzkerprize
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Amazon Cloud Failure Takes Down Web SitesThe New York Times•Apr 21, 2011•Amazon, SCVNGR, GroupMe, Quora
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