Utah Startup GroopDealz Joins Utah Elite as One of the State's Fastest Growing Companies
GroopDealz is one of Utah's fastest growing startups and was recently ranked as one of Utah's emerging elite companies an honor shared with companies like Ingram Medical and Goal Zero.
- Salt Lake City-Ogden, UT (1888PressRelease) October 26, 2013 - Groopdealz, a fashion boutique daily deal site, was recently recognized by the Mountain West Capital Network as one of the Emerging Elite, which contains the top 14 companies in Utah, over two and under five years of operation. This puts them in the same category of other Utah elites such as Goal Zero and Ingram Medical.
The company originally founded at the end of 2011, specializes in connecting smaller boutiques and home based sellers to consumers across the nation through their unique deal platform.
They offer a way to purchase items online at, which are traditionally only available at local boutiques. The success of this model has helped GroopDealz experience an explosive growth rate of 2000%, making it a household name with women across the United States.
Zulily a Seattle based startup, which has a different target market to GroopDealz, but uses a similar business model has just filed for a $100m ipo with $331m in 2012 revenue.
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