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Grover

Grover

Private
BerlinConsumer & Commercehttps://www.grover.com/us-en

Last Round

VC Round

Jul 18, 2024

Est. Valuation

$1B

Total Funding Raised

$2.04B

Momentum

Top 50%

of companies Caplight tracks

Company Overview

Grover is a consumer electronics company that provides a subscription-based platform for renting tech products on a pay-as-you-go basis.

Sector

Consumer & Commerce

Verticals

Subscription Commerce, Consumer Electronics, Circular Economy, Lending & Credit

Business Model

B2C

Customer Profile

Subscription SaaS, Hardware Sales

AI Layer

Application

Keywords

electronics rentaltech subscriptiondevice as a serviceDaaScircular economyhardware subscriptiongadget rentalB2B electronics rentalrefurbished electronicsconsumer electronicstech leasingsubscription commerceOPEX hardwarerental marketplace

Historical Pricing

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

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Grover Comparables

Compare Grover with similar companies based on industry and business-model similarity.

Grover comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
allu.
85%
Raylo
83%
Next Mobiles
82%

Grover Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
VC RoundJul 18, 2024
DebtSep 1, 2023
DebtSep 28, 2022
Series CApr 7, 2022
DebtNov 29, 2021
Debt
Jul 28, 2021

Key People

Founding team and executive leadership

Linda Rubin

Interim CEO, Chief Operating Officer, Chief Investment Officer

Executive Team

Lindsey Wood

Chief Executive Officer

Executive Team

Rob Straathof

Chief Executive Officer

Executive Team

Thomas Menzel

Group Chief Financial Officer

Executive Team

Grover Investors

Notable investors and investment history

Grover investors
InvestorRounds
Kreos CapitalDebt
Augmentum FintechDebt, VC Round
Global Founders CapitalSeed
Mirae AssetSeries C
Korelya CapitalVC Round, Series C
Kreos CapitalDebt
Fasanara CapitalDebt, Series C

Market signals

Structured signals derived from secondary market and firmographic data.

  • May 12, 2026

    Serves hundreds of thousands of renters.

  • Dec 9, 2025

    Partnering with Ingram and UPS for warehouse operations.

Grover Filings

Explore SEC and related filing metadata, where available.

Grover filings preview — column headings only; records require access
TypeDateAmount OfferedAmount SoldFilingPagesDownload

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Frequently Asked Questions

Common questions about Grover's valuation, stock price, and market status.

Is Grover a public or private company?

Grover is a private company.

What is the current stock price of Grover?

Grover is a private company with no public stock price. No recent secondary market data is available.

How much is Grover worth (valuation)?

Grover's valuation is estimated at $1.0B based on funding round data.

Can I buy Grover stock?

Grover shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors. Visit https://www.caplight.com to learn more.

When was Grover's last funding round?

Grover's most recent funding round was VC Round on April 7, 2022.

Who are the main investors in Grover?

Key investors in Grover include Augmentum Fintech, Fasanara Capital, Varengold Bank, Circularity Capital, Energy Impact Partners.

Will Grover IPO soon?

No public IPO plans have been announced for Grover.

How can I track Grover secondary market activity?

Caplight tracks bids, offers, and trades for private companies. Visit https://www.caplight.com to monitor Grover's secondary market activity and sign up for updates.

Firmographic Details

HeadquartersBerlin
Employee Range203
Year Founded2015
Last FundingJul 18, 2024

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