Grabango

Closed

The next generation of shopping is checkout-free

San Francisco Bay Area, United States · Founded 2016 · $55.0M raised

Employees
51–200
Founded
2016
Business Model
B2B
Total Funding
$55.0M
Last Round
$39.0M Series BJun 2021
Rounds
3

Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.

About

Grabango was the leading provider of checkout-free technology for existing large-scale grocery and convenience store chains, using computer vision and machine learning to enable shoppers to purchase goods without waiting in checkout lines. The company deployed its frictionless checkout technology at major retailers including Giant Eagle, Aldi, and several convenience store chains. Grabango raised approximately $73 million in venture funding but permanently ceased operations in October 2024 after failing to secure additional financing.

Summary

Grabango is a Fintech company based in San Francisco Bay Area, United States, founded in 2016. It has raised $55.0M in total across 3 rounds, most recently a $39.0M Series B round in Jun 2021. Investors include Commerce Ventures, Propel Vc and Abstract Ventures.

Tech & App Stack

3 technologies & apps tracked

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Funding History

Series BSeries BJun 2021
$39.0M

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Funding: Seed through Series B. Amounts, valuations, and investors where available.

Investors

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