Grewp receives six-figure financing

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

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

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

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

Co-founder and COO/CPO Frank Marschall explains why he thinks the platform is needed: "The planning and execution of teambuilding is still largely manual in medium-sized companies and corporations alike. We want to change that and create a solution geared to the needs of our B2B target group."

Birk and Marschall founded Grewp in mid-2021. In the meantime, the company states that teams from one-third of DAX40 companies have already booked teambuilding measures via Grewp.