How much funding has GroupMe raised?

GroupMe has raised $10.6M in total funding, most recently a Series B round.

Who are GroupMe's investors?

GroupMe's investors include Khosla Ventures.

Where is GroupMe headquartered?

GroupMe is headquartered in New York, New York, United States.

GroupMe

Acquired

Real chats happen here

New York, United States · Founded 2010 · $10.6M raised

SaaS

Headquarters: New York, New York
Employees: 51–200
Founded: 2010
Business Model: B2C

Website: groupme.com
Total Funding: $10.6M
Last Round: $10.6M Series BJan 2011
Rounds: 1

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

GroupMe is a SaaS company based in New York, United States, founded in 2010. 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.