What is Vertical Grooves?
Vertical Grooves, formerly Gramovox, LLC, is a Chicago-based manufacturer focused on creating high-quality goods using premium materials. The company is known for innovative products such as the Bluetooth Gramophone and the Floating Record Vertical Turntable, blending retro aesthetics with modern technology. Its market position is defined by unique, design-forward audio equipment that appeals to a niche consumer base seeking both style and functionality.
How much funding has Vertical Grooves raised?
Vertical Grooves has raised a total of $1.7M across 2 funding rounds:
Series A
$650K
Other Financing Round
$1M
Series A (2014): $650K with participation from Hard Eight Ventures
Other Financing Round (2015): $1M led by Kickstarter
Key Investors in Vertical Grooves
Kickstarter
Kickstarter is a crowdfunding platform that enables creators to bring their ideas to life. Its participation suggests strong community support and validation for Vertical Grooves' innovative products.
Hard Eight Ventures
Hard Eight Ventures is an investment firm that typically backs early-stage companies. Their involvement in Vertical Grooves' Series A round indicates a belief in the company's foundational business model and future potential.
What's next for Vertical Grooves?
The recent major strategic investment signals a pivotal growth phase for Vertical Grooves. This capital infusion is expected to fuel product development, expand manufacturing capabilities, and enhance market reach. The company is poised to leverage this financing to further solidify its brand presence and potentially explore new product lines or distribution channels, building on its established reputation for distinctive audio hardware.
See full Vertical Grooves company page
