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
Sustainability at Grover
To date, Grover has already circulated over 1 million devices such as headphones, smartphones or cameras. Depending on the product category, Grover rents out tech products, anywhere from two to six times. On average, every device is rented out three times. To date, Grover has circulated more than 1M devices, refurbished more than 300k devices, and repaired around 1.5k devices per month. Due to its rental model, Grover estimates that between 2015 and 2022, the purchase of approximately 100k new devices were avoided.
About Ingram Micro
Under the claim Realize the Promise of Technology, Ingram Micro supports its business partners in efficiently and successfully realizing their value proposition. The distributor offers a comprehensive portfolio and in-depth expertise in the areas of technology solutions, mobility, cloud and supply chain services. Far-reaching flexibility, in-depth market knowledge and the trust of a network that has grown over decades distinguish Ingram Micro as one of the leading ICT providers. For more information, visit www.ingrammicro.de.
About Ingram Micro Lifecycle
Ingram Micro Lifecycle provides advanced solutions for the take-back, refurbishment, repair and remarketing of technology products, device-as-a-service. In terms of circular economy, Ingram Micro offers its partners a long-standing expertise on Device-as-a-Services, supporting the evolution of processes from mere ownership to usage. These services enable carriers, resellers, enterprise customers and OEMs to support the lifecycle of technology products through a range of environmentally conscious and profitable solutions. www.ingrammicrolifecyle.com
Global Communications Director
Tel.: 0172/869 1030