|Company Name||Fund Raised||Led By||CEO/Co-Founder||Investors|
|Grabango||$39M||Commerce Ventures||Will Glaser||20+|
Grabango Series Commerce Venturesszkutakforbes
Grocery shopping just became easy with Grabango which allows customers to skip the long checkout lines after the scanning procedure. The company raised funding of $39M and Commerce Ventures led the round. There were also reported participations from Unilever Ventures, WIND Ventures, Founders Fund, and Honeywell Ventures.
Will Glaser, CEO of Grabango, intends to make the usage of this funding to enhance and expand the company development team. The Checkout-free technology provided by Grabango is being used in large-scale grocery and convenience store chains. The company is one of the leading providers of this service and a great help to both stores and customers.