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grape is a Swiss Insurtech company that develops an automated software suite for digital employee insurance, integrating comprehensive health services and streamlining administrative workflows. The platform combines insurance products with digital solutions and proactive health measures, enabling businesses to manage and enhance their workforce's well-being efficiently. Its technology-driven approach ensures a fully digital experience, designed to integrate seamlessly with existing HR and accounting platforms.
Co-founded in 2021 by Gregory Inauen, an alumnus of ETH Zurich, and Fabian Mächler, grape emerged from the insight that employee health management could be drastically improved through technological innovation. The founders recognized a market need for a more agile and digitally-native approach to corporate insurance, moving beyond traditional models to offer a solution that is both comprehensive for employees and administratively light for employers.
The company primarily serves enterprise customers, providing a B2B SaaS platform that functions as a digital insurance and health partner. grape's long-term vision centers on transforming how businesses approach employee benefits, aiming to foster healthier teams and create more resilient organizations through its integrated digital services. The platform is continuously evolving to meet the dynamic needs of modern workplaces.
grape has raised $4.3M across 3 funding rounds.
grape has raised $4.3M in total across 3 funding rounds.
Grape Technology is a UAE-based software house specializing in tailored business solutions using emerging technologies like Blockchain and Artificial Intelligence to enhance efficiency, security, and growth for government entities and businesses.[1] It develops products such as the Shahada platform for certification and document verification, alongside AI chatbots, serving clients like the Dubai Chamber, Higher Colleges of Technology (HCT), and UAE Internal Auditors Association, addressing challenges in communication, operations, and transparency.[1]
The company emphasizes practical, innovative applications with a focus on decentralization and security, positioning itself as a disruptor in the Middle East tech scene through custom software services.[1]
Grape Technology operates from the UAE as a pioneering firm, though specific founding details like exact year or founders are not publicly detailed in available records.[1][5] It emerged with a focus on harnessing cutting-edge tech for real-world business needs, rooted in an "unconventional mindset" that blends practicality with innovation.[1]
Early traction is evident from client testimonials, including deployments for high-profile UAE institutions, marking pivotal moments in streamlining member interactions via AI and certification processes via Shahada.[1]
Grape Technology rides the wave of digital transformation in the UAE, capitalizing on government pushes for tech adoption in public services and business efficiency amid regional growth in AI and Blockchain.[1] Timing aligns with UAE's Vision 2031 for innovation, where market forces like increasing demand for secure, decentralized systems favor its offerings in a region investing heavily in smart governance.[1]
It influences the ecosystem by empowering local institutions, fostering tech reliance in education, auditing, and chambers of commerce, thus contributing to a more digitized Middle East business environment.[1]
Grape Technology is poised to expand its footprint in UAE's burgeoning tech sector, potentially scaling Shahada and AI tools to more government and enterprise clients amid rising Blockchain adoption.[1] Trends like AI-driven insights and decentralized verification will shape its growth, evolving its influence from niche solutions to broader regional standards in secure digital operations—unleashing "extraordinary success" as it disrupts traditional business processes.[1]
grape has raised $4.3M in total across 3 funding rounds.
grape's investors include Founderful, DD Venture Capital, Tomahawk VC, Josh Miller, Ingo Weber, Julian Zehetmayr, AC & Friends, Austrian Research Promotion Agency, Calm/Storm Ventures.
grape has raised $4.3M across 3 funding rounds. Most recently, it raised $2.0M Seed in July 2022.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jul 1, 2022 | $2.0M Seed | Founderful, DD Venture Capital, Tomahawk VC | |
| Jan 20, 2015 | $1.3M Other Equity | Josh Miller | Ingo Weber, Julian Zehetmayr, AC & Friends, Austrian Research Promotion Agency |
| Jan 1, 2015 | $1.0M Seed | Calm/Storm Ventures, Austrian Research Promotion Agency |
