Grovf
Valuation
$2.1M
2024 Revenue
$683.8K
Funding
$0
YOY
78.6%
Team
31
Founded
2017
How Grovf CEO Khachik Sahakyan grew Grovf to $683.8K revenue with a 31 person team in 2024.
Developer of hardware and software products designed to assist industrial Internet of Things and Big Data problems. The company offers an accelerated time series database for IoT data storage where smart sensors data pass directly from Ethernet adapter bypassing any type of operating systems and software layers, enabling industrial customers to solve IoT generated Big Data storage problems.
Last updated
Grovf Revenue
In 2024, Grovf's revenue reached $683.8K. The company previously reported $382.8K in 2023. Since its launch in 2017, Grovf has shown consistent revenue growth.
| Year | Milestone |
|---|---|
| 2024 | Grovf Hit $683.8k revenue in October 2024 |
| 2023 | Grovf Hit $382.8k revenue in October 2023 |
| 2021 | Grovf Hit $92.7k revenue in April 2021 |
| 2017 | Launched with $0 revenue |
Grovf Valuation, Funding Rounds
Grovf's most recent disclosed valuation is $2.1M.
Grovf is a bootstrapped Generative AI Software startup. Founded in 2017, Grovf has grown to $683.8K in revenue without raising any venture capital or outside funding.
As a self-funded Generative AI Software SaaS company, Grovf has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold |
|---|
Grovf Employees & Team Size
Grovf employs approximately 31 people as of 2026.
Grovf has 31 total employees in different roles and functions.
| Year | Milestone |
|---|---|
| 2024 | Reached 31 employees (October 2024) |
| 2023 | Reached 31 employees (October 2023) |
| 2022 | Reached 21 employees (October 2022) |
| 2021 | Reached 9 employees (December 2021) |
| 2021 | Reached 1 employees (April 2021) |
Founder / CEO
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
We do not have customer count information for Grovf yet.
Frequently Asked Questions about Grovf
What is Grovf's revenue?
Grovf generates $683.8K in revenue.
Who founded Grovf?
Grovf was founded by Khachik Sahakyan.
Who is the CEO of Grovf?
The CEO of Grovf is Khachik Sahakyan.
How much funding does Grovf have?
Grovf raised $0.
How many employees does Grovf have?
Grovf has 31 employees.
Where is Grovf headquarters?
Grovf is headquartered in Berkeley, California, United States.
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X-CITE S.A.
We merged the IoT & AI SYSTEM ENABLER and DESIGN HOUSE view, creating a unique positioning to enable private and public clients ’cross industries to deploy IoT, AI & 5G solutions in a reliable way, “Out of the Box”. Regrouping multiple expertise – IoT, Cloud technologies, Mass data, AI, ML, Security, NG telco networks incl. 5G & xPON, automatization - our offer is unique! From idea generation, over fast prototypes, POCs’, followed by large implementations using X-BRAiN as a Connectivity, Mass-data and AI Accelerator incl. NEF-SCEF 5G integration. X-CITE is official Google Cloud partner. Our aim is to build a library of +200 AI & 5G use cases covering the most essential verticals, allowing our multi-disciplinary teams together with customers to rapidly formulate ideas or use-cases and implement them in X-BRAiN with low TTM. X-BRAiN uses ML and AI algorithms to address IoT and its associated problems, all available in a subscription model. Our Foundational Technology Platform is blockchain enabled. Learn more on www.x-brain.io Our offer includes a growing Edge hardware portfolio integr. with X-BRAiN and available in subscription model. It includes a world first advanced 5G Google Coral Module which can be mounted straight on devices including Drones; modular 4G LTE Cat. M1/Cat. NB2/EGPRS & GNSS high-speed Tracker and environmental Sensor, NB1/NB2 and M1 cellular LPWAN vehicle and health tracker. We are accelerating our move to a Digital Business Platform model and open-up X-BRAiN to developers that can make more of the data, assets, and services available – Become part of our “Firestarters” developer community. We design and build your future IoT, AI, 5G and circular economy strategy and products. X-CITE is headquartered in Luxembourg, with offices in Munich and Belgrade and strong links to UK.
Compare Grovf to the industry
Grovf operates across multiple industries. Browse revenue, funding, and growth data for Grovf in each sector below.
Source Attribution
Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.
Company data last updated .