Grewp receives six-figure financing

The company is building a digital business-to-business marketplace for team building.

The Frankfurt-based team building start-up Grewp has successfully completed its pre-seed financing round. The company was able to land investments in a "mid-six-figure" amount. The round was completed as part of a convertible loan. The company did not disclose exactly how much money Grewp received.

The investors include Hessen Kapital, a fund of BMH Beteiligungs-Managementgesellschaft Hessen mbH, which is a subsidiary of Landesbank Hessen-Thüringen. The strategic partner is the Berlin-based consulting firm HRpepper.

Grewp is building a team-building marketplace - digitally and with a business-to-business approach. "With our digital platform, companies can identify the needs of their teams and find the right team building measures," says CEO and co-founder Angelika Birk. The company now wants to use the investment to expand its platform.

Co-founder and COO/CPO Frank Marschall explains why he believes the platform is needed: "The planning and implementation of team building is still largely done manually in both SMEs and corporations. We want to change this and create a solution tailored to the needs of our B2B target group."

Birk and Marschall founded Grewp in mid-2021. The company now claims that teams from a third of DAX40 companies have already booked team building measures via Grewp.