Growlabs.com Inc.

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Growlabs.com Inc. - overview

Established

2016

Location

San Francisco, CA, US

Primary Industry

Software

About

Growlabs. com Inc. is a technology company specializing in innovative solutions that enhance operational efficiency for various businesses through software integration. Founded in 2016 in San Francisco, US, Growlabs.


com Inc. focuses on providing technology solutions for businesses. The company received its latest funding in a SEED round amounting to USD 2. 20 mn, bringing its total amount raised to USD 2.


20 mn. Growlabs. com has completed 2 deals to date, with its most recent deal occurring on November 8, 2018, where it was acquired by AdRoll, Inc. , a portfolio company of Accel and several other venture capital firms.


Growlabs. com primarily delivers innovative technology solutions aimed at enhancing operational efficiency for businesses across various sectors. Its main offerings include a comprehensive software suite that integrates project management, customer relationship management (CRM), and data analytics, designed for clients ranging from small businesses to large enterprises in finance, healthcare, and retail. The company markets its products primarily in North America and Europe, catering to specific industry needs.


The company operates on a subscription-based revenue model, allowing clients to access software solutions regularly. They offer tiered pricing plans suitable for different organizational sizes, which include both direct-to-consumer sales and B2B partnerships. Clients typically engage through annual or monthly subscriptions, with additional revenue potential from premium features and support services. The commitment to long-term client relationships contributes to high renewal rates and upsell opportunities within its customer base.


Growlabs. com Inc. plans to utilize the recent funding to support its strategic initiatives aimed at expanding into new markets. Although specific new products or release information has not been disclosed, the company is focused on enhancing its current offerings.


Following the acquisition by AdRoll, Inc. in November 2018, Growlabs. com is expected to leverage AdRoll's resources to penetrate new geographic regions and customer segments.


Current Investors

NextRoll, Inc.

Primary Industry

Software

Sub Industries

Analytics & Performance Software, Application Integration Software, Systems Management Software

Website

www.growlabs.com

Verticals

Artificial Intelligence, Artificial Intelligence

Company Stage

Add-on

Total Amount Raised

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