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Groma
Groma profile ceovering its verified team members and platform key features.
Last updated 11 days ago
Company Info
Groma is an innovative real estate investment firm specializing in modernizing property ownership using blockchain, tokenization, and data-driven property management systems. Formed in Boston, Groma incorporates proptech and digital real estate investing to create a new model of real estate that is inclusive of more people. Using products such as GromaCoin, the firm seeks to connect traditional real estate practices with Web3 technologies to transform the real estate sector.
Key Features of Groma
-
- Manages investment, development, renovations, and operations all in one platform.
- Incorporates technology and automation for more efficient property management.
- Brings together real estate, fintech, and Web3 technologies in one ecosystem.
- Provides transparent investments and scalable management processes.
- Manages investment, development, renovations, and operations all in one platform.
Groma Milestones
| Year | Achievements |
| 2020 | Company founded in Boston, concentrating on urban undercapitalized multi-family buildings. |
| Development of the Grobot, the company’s own AI data platform that automates property sourcing and financing. | |
| 2021 | The company acquired 39 properties totaling roughly 136 units in Boston. |
| Developed the “Groma Grade” standard for property upgrades and management processes. | |
| 2022 | Received $41.5 million in funding via a debt facility issued by Needham Bank, used for purchasing new assets and their renovation. |
| Reached the mark of $100 million in assets under management (AUM), expanding internal team size to over 30 people. | |
| 2023 | Generated $29.8 million through a Series A equity funding deal led by Castle Island Ventures. |
| Enriched the Grobot’s database with information about 90,000 regional properties, and launched infrastructure development for fractional property tokens. | |
| 2024 | Increased the total value of the core fund portfolio to more than $82 million, keeping a roughly 98% occupancy rate. |
| Shortened the typical renovation period for each property to 6-8 weeks, and got ready to expand to Providence, RI. | |
| 2025 | Launched GromaCoin (GRO), an on-chain compliant security asset based on the net asset value of Groma Real Estate Trust. |
FAQs
Company Details
Launch Date
Jan-2020
Company Size
Small (11-50)
Total Employees
- + 7
Seth Priebatsch, Angelo Drake, Paul Bell and 7 Others
Contact Details
United States Postal Service, 424 Washington St, Boston, Massachusetts 02135, United States
Social Media
Primary Category
Board Members and Advisors
Angelo Drake
Co-founder
Paul Bell
Chief Legal & Financial Officer
Chris Lehman
Co-Founder & Policy Architect
Emma Hastings
Head of People
Christina Dorobek
Head of Investor Strategies
Gregory Regan
Property Manager
Igal Krivinsky
Director Fund Administration
Jay Zagami
Chief of Staff
All Members
Seth Priebatsch
Co-Founder & President
Grant Fishman
Founder & Head of Property Operations
Result Not Found
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| # | Investors | Funding Date | Funding Round | Fund Raised |
|---|---|---|---|---|
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