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Groople

groople.com

Founded Year

2004

Stage

Acquired | Acquired

Total Raised

$6M

About Groople

Groople is a provider of online group travel-booking solutions. Groople aims to enable their clients (host partners) to increase the productivity and profitability of their group travel sales, through the use of technology that aims to allow for significant growth in revenue without adding associated call-center costs.

Headquarters Location

10333 East Dry Creek Road Suite 220

Englewood, Colorado, 80112,

United States

303-483-9000

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Expert Collections containing Groople

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Groople is included in 1 Expert Collection, including Travel Technology (Travel Tech).

T

Travel Technology (Travel Tech)

2,192 items

The travel tech collection includes companies offering tech-enabled services and products for tourists and travel players (hotels, airlines, airports, cruises, etc.). It excludes financial services and micro-mobility solutions.

Latest Groople News

The Stage Fund Finds Exit for Groople, LLC

Mar 8, 2016

The Stage Fund Finds Exit for Groople, LLC     Groople DENVER - March 8, 2016 - PRLog -- The Stage Fund exited Groople, LLC., to a group with extensive industry experience led by prior Hotels.com executive John Butler who has spent over 25 years in the hospitality business and has covered the bases from individual hotel operations, to managing a portfolio of properties, to leading group sales globally for Expedia, Inc. Groople is an online hotel-booking platform that specializes in group travel allowing the user a streamlined approach to arranging complex itineraries. Hospitality and a personalized, one-on-one approach to customer service are just a few of the perks of booking with Groople as well as flexible payment policies, online room assignment capability, and access to hotels around the world. From corporations to sports teams to wedding parties, Groople finds the best hotel for the value, making trip planning as seamless as possible. The Stage Fund purchased the distressed asset early 2011 and re-launched by the fourth quarter after stabilizing and redeveloping the core booking engine. Daniel Frydenlund, Chairman and CEO of The Stage Fund, stated: “I am thrilled to see a bright future ahead for Groople and Butler’s administration.” About The Stage Fund The Stage Fund, founded in 2009 by Daniel Frydenlund, is an investment firm focused on acquiring controlling interests in companies undergoing change in capital structure, strategy, operations or growth and can benefit from our operational and capital approach. The Stage Fund targets companies with a core business, products or services, revenue, strong customer relationships, and that have reached a point in their lifecycle presenting an opportunity for transformation. More information about The Stage Fund is available on the Company's website at www.thestagefund.com. Contact

Groople Frequently Asked Questions (FAQ)

  • When was Groople founded?

    Groople was founded in 2004.

  • Where is Groople's headquarters?

    Groople's headquarters is located at 10333 East Dry Creek Road, Englewood.

  • What is Groople's latest funding round?

    Groople's latest funding round is Acquired.

  • How much did Groople raise?

    Groople raised a total of $6M.

  • Who are the investors of Groople?

    Investors of Groople include Shorts Travel Management, Flywheel Ventures, ArrowPath Venture Partners, FA Technology Ventures, Vista Ventures and 3 more.

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