How Much Did Grooveground Raise?
Funding & Key Investors

Grooveground has secured a total funding amount of $66K, with its most recent financing round yielding $66K. This substantial expansion capital injection signifies a significant Series B/C stage for the company, positioning it for accelerated growth and market penetration. The company's financial trajectory indicates a strong investor confidence in its unique community-focused business model.

What is Grooveground?

Grooveground
HospitalityRestaurant Reservations

Grooveground Coffeebar is a dynamic establishment that artfully blends food, beverages, music, art, and community engagement. It caters to a diverse clientele seeking a space for connection, relaxation, or creative inspiration. Beyond its core offerings of coffee and artisanal food, Grooveground also provides unique handmade gifts and catering services. Demonstrating a commitment to sustainability, the company operates a BuyBack program for gently used items, further embedding itself within a conscious consumer market. The brand appeals to coffee aficionados and individuals in search of distinctive social experiences.

How much funding has Grooveground raised?

Grooveground has raised a total of $66K across 1 funding round:

2021

Debt

$66K

Debt (2021): $66K with participation from PPP

What's next for Grooveground?

With the recent influx of substantial expansion capital, Grooveground is poised for significant strategic development. This financing is expected to fuel initiatives aimed at scaling operations, enhancing its community-building programs, and potentially expanding its geographic footprint. The company's focus on a multi-faceted experience—combining a coffeehouse with cultural and retail elements—positions it uniquely to capitalize on evolving consumer preferences for experiential retail and community hubs. Future investment will likely target enhancing its unique value proposition and solidifying its market leadership in the experiential coffeebar sector.

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Frequently Asked Questions Regarding Grooveground Financial Insights

What are the most recent funding rounds that Grooveground has completed, and what were the funding rounds?
Grooveground has recently completed 1 funding rounds: Debt on Jan 29, 2021.
What is the total amount of funding Grooveground has raised to date?
Grooveground has raised a total of $66K in funding to date.
How many funding rounds has Grooveground completed?
Grooveground has completed 1 funding rounds.
How much funding did Grooveground raise in its most recent funding round?
Grooveground raised $66K in its most recent funding round.
Who are the lead investors in Grooveground's latest funding round?
The lead investor in Grooveground's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Grooveground's history?
The largest funding round in Grooveground's history was $66K.
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