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General Information

Websitethegrommet.com
Blogthegrommet.com/blog
Twitter@dailygrommet
CategoryNews/Media
Phone1-877-862-0222
Emailmarketing@thegrom...
Employees55
Founded2008
DescriptionProduct Launch Platform

Offices

Somerville, USA
87 Elmwood St
Somerville, MA, 02144
USA

People

Co-founder

Funding

TOTAL $3.88M
FUNDING TOTAL $3.88M
Series A, 4/2010
John Landry
LaunchCapital
Oxygen Media
Gerry Laybourne
$3.4M
Venture Round, 1/2011
$475k
Series B, 9/2012
Rakuten
DEBT TOTAL $1.83M
Debt, 2/2011
$950k
Debt, 9/2011
$883k

Tags

The Grommet

The Grommet is a product launch platform. For a new or indie product, getting noticed is the hardest part. The Grommet has created a community of early adopters who powerfully move markets for each Grommet. This is meaningful because getting to scale rapidly is critical to survival for young companies and traditional retail systems are very slow and risk-averse. They are ripe for disruption. The Grommet community “de risks” a product and provides both qualitative and quantitative lift to its scaling. In its early days the company launched now-prominent products like IdeaPaint, SodaStream, and Banagrams. The current Grommet launches are a window on the type of “products with a purpose” that consumers prefer. After over 2,000 launches, the Grommet is now directly shaping the future of consumer products.

Read more: http://www.crunchbase.com/company/daily-grommet#ixzz2mVsYUEg2 Follow us: @crunchbase on Twitter | crunchbase on Facebook

Recent Milestones

Videos

Screenshots

The Grommet screenshot
Above: The Grommet
Uploaded: 11/20/13

Sources

  1. Daily Grommet Raises $3.4 Million For Invention Marketplace (techcrunch.com) [edit]
  2. SEC (sec.gov) [edit]
  3. SEC (sec.gov) [edit]
  4. SEC (sec.gov) [edit]
  5. Daily Grommet Raises Series B Round (finsmes.com) [edit]
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Last Edited 2/5/14

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