Groyyo
Financials
Estimates*
USD | 2022 | 2023 |
---|---|---|
Revenues | 15.8m | 45.2m |
% growth | - | 186 % |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
* | $4.6m | Seed | |
* | $27.0m Valuation: $156m | Series A | |
* | $13.0m | Debt | |
* | $5.4m | Debt | |
Total Funding | €28.7m |
Recent News about Groyyo
EditGroyyo is a technology-driven startup that aims to revolutionize the manufacturing sector by making factories smarter, more efficient, and globally competitive. The company primarily serves small to medium-sized apparel and footwear manufacturers who are looking to expand their reach to international markets. Groyyo operates in the global manufacturing and supply chain market, focusing on enhancing factory operations through digital transformation.
The core of Groyyo's business model is its platform, Groyyo Standard, which integrates factory operations into a mobile app. This app allows factory owners to manage orders, track progress, receive notifications, and generate business reports, all from their smartphones. By digitizing these processes, Groyyo helps factories become more efficient, compliant with international standards, and capable of handling increased demand from global clients.
Groyyo makes money through a subscription-based model, where factories pay for access to the Groyyo Standard platform. This subscription provides them with tools to manage their operations more effectively and tap into international demand. Additionally, Groyyo may earn revenue through transaction fees on orders processed through its platform.
In summary, Groyyo empowers small to medium-sized manufacturers by providing them with a digital platform that streamlines factory management and connects them to international markets. This not only boosts their operational efficiency but also significantly increases their business potential.
Keywords: digital transformation, factory management, global markets, mobile app, efficiency, apparel manufacturing, footwear manufacturing, international orders, subscription model, supply chain.