Groopit

Seattle, Washington

Classification

Private

Financials

Revenue & Profit

Revenue

Valuation

Valuation

Ratios

Revenue / EBITDA
$123 MM
Valuation / Revenue
$123 MM
Valuation / Employees
$123 MM
EBITDA / Revenue
$123 MM
1-Year CAGR (Revenue)
03
3-Year CAGR (Revenue)
11
1-Year CAGR (Employees)
19
3-Year CAGR (Employees)
96

People

Employee Figures

Employees

Key Executives

NameTitleSocialsEmailPhone
John DoeEmployee
--
Jane DoeEmployee
John DoeEmployee
John DoeEmployee

401K

Total Active Participants
1234
No. Participants with Account Balances
56789
Total Liabilities Start of Year
1234
Total Assets Start of Year
56789

Deals

M&A2024-03-15Completed

Seller

Founders Group

Investor Sponsors

NorthBridge PE

Deal Amount

$120M

Target Company Valuation

$1.20 MM

Techniques

Acquisition of Assets, Taken Private

Stake Tags

100%

Is PE deal

Yes

Is deal PE backed

Yes

Total Acquired

100%

Secondary Transaction2023-09-01Canceled

Target

BrightHealth Technologies

Seller

Early Investors Consortium

Investor Sponsors

--

Deal Amount

Undisclosed

Target Company Valuation

NaN

Techniques

Secondary Sale, Management Buy-out (MBO)

Stake Tags

Majority

Is PE deal

No

Is deal PE backed

Yes

Total Acquired

65%

Funding

About

About

Groopit is a technology company that specializes in providing innovative collaboration and communication solutions for businesses. Their mission is to help organizations streamline their internal processes, improve team productivity, and foster a sense of community and engagement among employees. Groopit offers a comprehensive collaboration platform that empowers teams to work more efficiently, communicate effectively, and achieve their goals. With its range of features, task management capabilities, project tracking and analytics tools, and emphasis on team engagement, Groopit aims to revolutionize the way businesses collaborate and drive success. Product Breakdown: Groopit Collaboration Platform: The flagship product of Groopit is its collaboration platform, which serves as a centralized hub for team communication, project management, and task coordination. The platform offers a range of features designed to enhance collaboration, including real-time messaging, file sharing, task assignment, and progress tracking. With an intuitive and customizable interface, teams can easily organize and prioritize their work, share updates, and collaborate efficiently. Task Management and Workflow Automation: Groopit provides robust task management capabilities to help teams stay organized and optimize their workflows. Users can create tasks, assign them to team members, set deadlines, and track progress. The platform also allows for automated task reminders and notifications, ensuring that everyone stays on top of their responsibilities and deadlines. Project Tracking and Analytics: Groopit offers comprehensive project tracking and analytics tools that enable teams to monitor and evaluate their progress effectively. Users can generate detailed reports, track key performance indicators (KPIs), and gain insights into project timelines, resource allocation, and team productivity. These analytics help teams identify bottlenecks, improve efficiency, and make data-driven decisions. Team Engagement and Communication: Recognizing the importance of fostering a sense of community and engagement within organizations, Groopit provides features that facilitate team communication and collaboration. Users can create discussion threads, share updates, and provide feedback in real-time. Additionally, the platform offers social features such as employee recognition, polls, and surveys to promote interaction and strengthen team bonds. Integration and Customization: Groopit integrates with various popular business tools and platforms to ensure seamless collaboration across different systems. It supports integrations with project management tools, cloud storage platforms, and communication tools, allowing users to leverage their existing workflows and systems. Moreover, Groopit offers customization options to tailor the platform to specific business needs and branding requirements. Mobile Accessibility: Groopit recognizes the importance of on-the-go productivity and provides mobile applications for iOS and Android devices. These mobile apps allow users to access the platform's features and collaborate with their teams anytime, anywhere. With mobile accessibility, teams can stay connected and productive even when they are away from their desks.

Keywords

Keywords

Classified

Private