Groove X, Inc.
PrivateLast Round
M&A
Mar 15, 2022
Total Funding Raised
$119.73M
Company Overview
Groove X, Inc. is a robotics company that develops and manufactures LOVOT, a companion robot designed to provide emotional support and companionship.
Sector
Consumer & Commerce
Verticals
Consumer Electronics, Subscription Commerce, NLP & Conversational AI, Home & Lifestyle, D2C Brands
Business Model
B2C
Customer Profile
Hardware Sales, Hardware + Subscription
AI Layer
Application
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Groove X, Inc. Comparables
Compare Groove X, Inc. with similar companies based on industry and business-model similarity.
| Company | Similarity | Market Cap |
|---|---|---|
| Elephant Robotics | 82% | |
| Loona Inc. | 78% | |
| Sony Group Corporation | 75% |
Groove X, Inc. Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| M&A | Mar 15, 2022 | ||||
| Series B Extension | Jan 20, 2021 | ||||
| Series B | Dec 9, 2020 | ||||
| Series B | Jun 12, 2019 | ||||
| Series A | Dec 4, 2017 | ||||
Seed | Oct 3, 2016 |
Groove X, Inc. Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Amtran Technology | Series A, Seed |
| Mirai Creation Investment Limited Partnership | Series A |
| 株式会社日本政策金融公庫 | Series B Extension |
| Maezawa Fund | M&A |
| Mirai Creation Fund | Seed |
| Innovation Network Corporation of Japan | Series B, Series A |
| LINE Ventures | Series A |
Market signals
Structured signals derived from secondary market and firmographic data.
- May 1, 2024
Third generation LOVOT model launched in May 2024.
- Jan 20, 2021
$26M Series B Extension round completed.
Recent news
Latest coverage and updates
- is_developingJul 16, 2026
GROOVE X, Inc. is developing companion robots powered by the Jetson system on Jul 15th '26.
- launchesJul 15, 2026
GROOVE X, Inc. launched LOVOT on Jul 16th '26.
Groove X, Inc. Filings
Explore SEC and related filing metadata, where available.
| Type | Date | Amount Offered | Amount Sold | Filing | Pages | Download |
|---|
Filing documents are not displayed on this public page. Request access to learn about available coverage.
Request accessFrequently Asked Questions
Common questions about Groove X, Inc.'s valuation, stock price, and market status.
Is Groove X, Inc. a public or private company?
Groove X, Inc. is a private company.
What is the current stock price of Groove X, Inc.?
Groove X, Inc. is a private company with no public stock price. No recent secondary market data is available.
How much is Groove X, Inc. worth (valuation)?
Valuation information for Groove X, Inc. is not publicly available.
Can I buy Groove X, Inc. stock?
Groove X, Inc. shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors. Visit https://www.caplight.com to learn more.
When was Groove X, Inc.'s last funding round?
Groove X, Inc.'s most recent funding round was Buyout/LBO on March 15, 2022.
Who are the main investors in Groove X, Inc.?
Key investors in Groove X, Inc. include Maezawa Fund, Innovation Network Corporation of Japan, SPARX Group.
Will Groove X, Inc. IPO soon?
No public IPO plans have been announced for Groove X, Inc..
How can I track Groove X, Inc. secondary market activity?
Caplight tracks bids, offers, and trades for private companies. Visit https://www.caplight.com to monitor Groove X, Inc.'s secondary market activity and sign up for updates.