COMPANY PROFILE

Groot Systems

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Enterprise digital transformation and infrastructure development services

Ongwediva, NamibiaFounded 2012Fintech

Valuation $10–50B Last recorded · 2019

Total funding $1–2.5B Disclosed equity funding

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About Groot Systems

Groot Systems operates as a multifaceted technology and services conglomerate with distinct divisions focused on software solutions and infrastructure development.

One arm of the company, Groot Software Solutions, provides a comprehensive suite of digital services. This division specializes in business and digital transformation, offering ERP and CRM implementation, process automation, business intelligence, and data science. They also develop custom web applications and provide services in software testing, quality assurance, and IT modernization. Their client base for these services includes the fintech sector, where they provide payment solutions leveraging technologies like AWS, Microservices, and NodeJS.

The other major part of the business functions as an investment holding company focused on infrastructure projects in Southern Africa. Founded in 2010 and headquartered in Ongwediva, Namibia, this entity develops, engineers, and commissions large-scale projects. In October 2019, this infrastructure-focused part of Groot Systems was acquired by RNS Ventures.

Leadership for the broader Groot enterprise includes S. Simon Kapenda as Founder and Executive Chairman and Julius T. Gbayange as CEO.

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At a glance

Status: Operational
Founded: 2012
Headquarters: Ongwediva, Namibia
Open positions: None listed
Dealroom signal: 0.0/100
Industry: Fintech
Sector: Fintech, Trading, Investing, Outside Tech
Client focus: b2b
Links: Website X

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Funding history

2 recorded events

Company financing events and reported valuations.

Deal type	Date	Amount	Valuation	Investors	Source
LATE VCOther financing	Oct 2019	$2B	$8B	Undisclosed	—
DEBTDebt	Jun 2018	$525M	—	Undisclosed	↗

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Growth signals

Groot Systems website traffic

Latest recorded traffic for Groot Systems is 580 monthly website visits.

Latest monthly visits580

Monthly website visitsFeb 2020–Feb 2020

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