Overview

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Status
Acquired by on August 21, 2011
Total Equity Funding
$11.45M in 2 Rounds from 14 Investors
Headquarters:
New York, New York
Description:
GroupMe is a group mobile messaging service for finding, planning and purchasing group activities.
Founders:
,
Categories:
Social Media, Messaging, Mobile
Website:
http://groupme.com
Social:

Company Details

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GroupMe is an app & service that helps you stay connected with your real life social network: your family, friends and coworkers.

Since we launched less than two years ago, we’ve processed billions of messages, grown the company to 25 people, won the Breakout award at SXSW, and been acquired. As part of the Skype division at Microsoft, our goal is to be the daily communications provider for billions of people.

Even though we’re part of a huge company, we have a great deal of autonomy, and continue to operate like an independent startup. We’re a tight-knit team that works hard and iterates quickly in an entrepreneurial environment.

GroupMe is located in New York City in a bright loft with lots of sunlight, a ping pong table, a pinball machine, a Sonos sound system, and a well-stocked kitchen. We sing karaoke across the street sometimes.

Funding Rounds (2) - $11.45M

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DateAmount / RoundValuationLead InvestorInvestors
Jan, 2011$10.6M / Series B8
Aug, 2010$850k / Series A11

Acquisitions (1)

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DateAcquiredAmount
May 5, 2011Unknown

Current Team (4)

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Competitors (3)

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  • Beluga offers a mobile app and web service that enables instant group messaging and content sharing.
  • GroupFlier is an easy-to-use application for setting up group texts and video conferencing.
  • Rabbly is a Public Relations company.

Offices/Locations (1)

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  • Headquarters

    26 W 17 Street

    Suite 1002

    New York, New York 10010

    United States

Past Team (8)

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Images (5)

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