Grover logo — Transforming the way people access and enjoy tech.

Grover

Transforming the way people access and enjoy tech.

Founded 2015 Germany Berlin, Germany 313 employees Venture round Total: $1.19B Consumer Electronics, E-Commerce +1

General Information

Company Name Grover
Founded Year 2015
Location Germany Berlin, Germany
Employees 313
Industries Consumer Electronics, E-Commerce, Real Estate
Funding Stage Venture round
Social

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About Grover

Grover is a leading force in the tech rental industry, offering consumers and businesses the option to subscribe to tech products on a monthly basis rather than purchasing them outright. Founded in 2015 by Michael Cassau, Grover aims to democratize access to cutting-edge technology, believing it to be a fundamental human right. The platform provides a broad spectrum of tech products, from smartphones to laptops, available for flexible, monthly rentals. After the rental period concludes, users can return the product at no extra cost, extend the rental, or exchange it for a different item. Operating in Germany, Austria, the Netherlands, and Spain1.2 million devices. Having secured approximately €1.4 billion in funding and with a workforce of over 400 employees, Grover stands out as one of Europe's fastest-growing scaleups. In its most recent funding round on 18 July 2024, the company raised €50.00M in a Venture Round investment, with contributions from prominent investors including Augmentum Fintech, Energy Impact Partners, Circularity Capital, Cool Japan Fund, and Korelya Capital. For more information, visit www.grover.com.

Taxonomy: Tech Rentals, Monthly Subscriptions, Circular Economy, Sustainable Technology, Consumer Electronics, Business Technology Solutions, Device Management, E-Waste Reduction, Refurbished Technology, Global Expansion, Startup Growth, Funding, Scaleup, Digital Transformation, Consumer Empowerment

Funding Rounds & Investors (15)

View All
Funding Stage Amount Investors Lead Investors Date
Venture Round €50.00M 5
Augmentum Fintech, Energy Impact Partners +3
18 Jul 2024
Debt Financing £270.00M 2
M&G Investments, Proximity Capital
28 Sep 2022
Debt Financing $220.00M 1
Fasanara Capital
07 Apr 2022
Series C $110.00M 9
Energy Impact Partners, Coparion +7
07 Apr 2022
Secondary Market Undisclosed 1
Hambro Perks
17 Mar 2022
Debt Financing $250.00M 1
Fasanara Capital
30 Nov 2021
Series B $29.00M 9
Augmentum Fintech, Seedcamp +7
28 Jul 2021
Debt Financing €15.00M 1
Kreos Capital
13 Apr 2021
Debt Financing €195.00M 1
Varengold Bank
15 Jan 2020
Series A €11.00M 5
Augmentum Fintech, Samsung NEXT +3
01 Oct 2019

View All 15 Funding Rounds

Grover Alternatives & Competitors

View All Alternatives
Grover vs
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Grover vs
Swappie
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Grover vs
Ringy
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FAQ About Grover

Transforming the way people access and enjoy tech.
Grover was founded in 2015.
Grover is headquartered in Berlin, Germany.
Grover operates in Consumer Electronics, E-Commerce and Real Estate. Its work centres on Tech Rentals, Monthly Subscriptions, Circular Economy and Sustainable Technology.
Grover has approximately 313 employees.
Grover has completed 15 funding rounds, raising a total of $1.19B. The latest funding stage is Venture round.
Top alternatives and competitors to Grover include musicMagpie, Swappie, Ringy, Varsapp, Valyuu. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Grover and musicMagpie are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Grover, https://bouncewatch.com/company/grover-1, updated 18 May 2026. When citing, please name BounceWatch and link this page.

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