Grover has raised a total of $323 million across multiple funding rounds, including $110 million in Series C funding in April 2022, $260 million in conventional debt in September 2022, and $54.6 million in Series C funding in July 2024, reaching a $1 billion valuation. Founded in 2015 by Michael Cassau and headquartered in Miami, Florida, Grover operates as an online rental platform for consumer electronics. Its service allows users and businesses to rent, upgrade, or purchase tech devices, driving the global adoption of electronics-as-a-service models through flexible rental options and enterprise solutions.