ABOUT GROVER
Grover is the global leader in technology rentals, enabling people to subscribe to tech products monthly instead of buying them. Founded in 2015 by Michael Cassau, Grover’s mission is to make exceptional technology more accessible, because technology is a basic human right. With Grover, subscribers get access to a wide range of over 5,000 tech products, including smartphones, laptops, virtual reality (VR) gear, wearables and smart home appliances on a flexible monthly rental basis. Once a product rental period has ended, Grover’s service allows its users to return it free of charge. They can also decide to extend the product rental length or exchange the product for something else. Rentals are available in the U.S., Germany, Austria, the Netherlands and Spain at GROVER.COM, as well as in Germany through Grover’s online and offline partner network, including Europe’s leading electronics retail group, MediaMarktSaturn. Grover is a pioneer in the circular economy: Its business model of renting out and refurbishing tech products contributes to devices being used more frequently and for a longer period. That increases the potential to avoid e-waste. Grover has circulated more than 1 million devices in total. With total funding of around €1.4 billion to date and over 400 employees, Grover is one of the fastest-growing scaleups in Europe. www.grover.com
PRESS CONTACT
Elisa Nenning - Elisa@grover.com
