Grover

Grover

Private
Berlin, BerlinConsumer & Commercehttps://www.grover.com

Last Round

VC Round

7/18/2024

Total Funding Raised

$1.9B

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, Circular Economy, Consumer Electronics, E-commerce, Lending & Credit

Business Model

B2C

Customer Profile

Hardware + Subscription, Hardware Sales

AI Layer

Non-AI

Keywords

tech subscriptionelectronics rentaltech rentalHardware as a ServiceDevice as a ServiceHaaSDaaStech circular economye-waste reductionB2B tech rentalrefurbished electronicsbusiness device managementdevice damage coverage

Historical Pricing

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Caplight Momentum Score

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Grover Comps

Public and private peers based on sector, stage, and business model.

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Grover Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
VC Round7/18/2024
Debt9/1/2023
Debt9/28/2022
Debt4/7/2022
Series B Extension7/28/2021
Debt
7/28/2021

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

InvestorRounds
Kreos CapitalDebt
Augmentum FintechDebt, VC Round
Global Founders CapitalSeed
Mirae AssetDebt
Korelya CapitalVC Round, Debt
Fasanara CapitalDebt
Varengold BankDebt, Series A

Market signals

Structured signals derived from secondary market and firmographic data.

  • Dec 9, 2025

    Partnering with Ingram and UPS for warehouse operations.

  • Oct 20, 2025

    Rob Straathof appointed as the new Chief Executive Officer.

Grover Filings

SEC and related filings with document metadata.

TypedDateAmount OfferedAmount SoldFillingPagesDownload
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Grover Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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

Firmographic Details

HeadquartersBerlin, Berlin
Employee Range320
Year Founded2015
Last Funding7/18/2024

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