GroupMe
AcquiredReal chats happen here
New York, United States · Founded 2010 · $10.6M raised
- 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
- Acquisition Date
- Aug 2011
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.
Tech & App Stack
2 technologies & apps tracked
Every product and vendor across these categories, with where each signal came from.
Create a free account with 25 free credits every month, no card needed, to unlock the full tech & app stack, funding history, and valuations.
Funding History
Aug 2011
Sign up to see all 2 rounds
Series B through Acquisition — per-round amounts, valuations, and who invested in each round.
Investors
Similar Companies
OpenAI is an AI research and deployment company dedicated to ensuring that general-purpose artifi...
Databricks provides a unified data and AI platform that helps enterprises build and run applicati...
Stripe provides payments, billing, money-management, fraud-prevention, and identity tools that he...
Aramark delivers food, facilities-management, hospitality, refreshment, and supply-chain services...
Visma is a European provider of mission-critical enterprise resource planning software and servic...
BMC builds enterprise software that orchestrates workflows across cloud, mainframe, and hybrid en...
Your company? Embed this profile
Add the live badge to your site — it stays current as your funding data updates.
<a href="https://indexed.vc/companies/groupme"><img src="https://indexed.vc/api/badge/company/groupme" alt="GroupMe on Indexed.vc" width="260" height="76" /></a>