The Grommet
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- Stage $50M+ in TTM Revenue
- Industry Retailing / Distribution
- Location Somerville, MA, US
- Currency USD
- Founded September 2008
- Employees 55
- Website thegrommet.com
Company Summary
The Grommet is a product launch platform. This means we find unique, undiscovered products and help them succeed. Our goal is to level the playing field so the best companies can win. Until The Grommet came along in 2008, that was simply not always the case. We have attracted a powerful community of Makers, Retailers and Consumers whose enthusiasm for suggesting, sharing, and buying Grommets ensures the survival and growth of the ground-breaking companies behind them. In the summer of 2014 we launched a new Wholesale Platform at the White House Maker Faire to connect these independent Makers with Main Street Retailers, supporting both and ensuring their success. Our end goal is that within five years 10% of all products flowing through U.S. retail will be originating from independent small-scale Makers, creating vibrant jobs and innovative products in every corner of our country.
How do we decide which products and companies are “best?” First, they must be true innovators. Second, they must have rich stories to share (often full of blood, sweat and tears). Third, they must be built on strong values. Those values can include preserving a handcraft, solving a problem in a fresh way, creating jobs in a struggling or developing region, building a social or green enterprise, manufacturing in the USA, or inventing new technologies.
We believe business is meaningful. As businesspeople, we have the responsibility to shape the world with care and thought. As consumers, we also have tremendous power. We get to decide which businesses to support. We can Buy Differently.
Team
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Jules PieriCEO (female)Founder/CEO Daily Grommet (my 3rd startup), President/COO Ziggs.com, sold to Reputation.com, VP Continuum, VP Strategic Planning StrideRite/Keds, Harvard MBA.
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Joanne DomeniconiChief Discovery OfficerCoFounder/Chief Discovery Officer (my 2nd startup), 20+ yrs senior level experience in Merchandising, Product Launch. VP Product Development StrideRite, Keds
Advisors
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Gennari Aronson LLPLawyerUnconfirmed
Coughlin, Sheff and AssociatesAccountantUnconfirmed
Previous Investors
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Jill Preotle, Peter Lynch, Drew Baja, Launch CapitalUnconfirmed
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