GroupMe

Acquired

GroupMe is a saas company in New York, United States, founded in 2010. It has raised $10.6M across 1 round, most recently a $10.6M Series B in January 2011.

Real chats happen here

Headquarters
New York, New York
Employees
51–200
Founded
2010
Business Model
B2C
Total Funding
$10.6M
Last Round
$10.6M Series BJan 2011
Rounds
1
Acquired by
SkypeAug 2011

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

Indexed holds 1 funding round and 1 investor for this company. The full record is or through the API.

About

GroupMe is a free mobile group messaging application owned by Microsoft, launched in May 2010 by founders Jared Hecht and Steve Martocci in New York City. The app allows users to create group chats accessible via smartphone apps or SMS, making it possible for even non-smartphone users to participate in group conversations. GroupMe was acquired by Skype (subsequently acquired by Microsoft) in August 2011 for approximately $85 million. The platform is widely used by college students, sports teams, community groups, and organizations for coordination and communication. GroupMe supports direct messaging, group liking of messages, shared photo galleries, calendar events, and integration with Skype calling.

Summary

It lists 51–200 employees. It has raised $10.6M in total across 1 round, most recently a $10.6M Series B round in Jan 2011. Investors include Khosla Ventures.

Tech & App Stack

2 technologies & apps tracked

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Funding & Exit History

Data from Indexed.vcUpdated
AcquisitionAcquisition by SkypeAug 2011

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

Investors

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GroupMe on Indexed.vc
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