Facebook acquired GrokStyle.

Synopsis

Facebook acquired GrokStyle, a San Francisco startup that uses artificial intelligence technology to help users shop for furniture. Financial terms were not disclosed. "We are excited to welcome GrokStyle to Facebook," Facebook spokeswoman Vanessa Chan said in a statement. "Their team and technology will contribute to our AI capabilities."

Principals

target

Grokstyle

bidder

Meta (ex Facebook)

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Market Context

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Bidder Team (3)

mark zuckerberg

Chairman and CEO at META (EX FACEBOOK)

Manager

bidder

Deals

£ 6.06 B

Total Value

greg roussel

Partner at Latham & Watkins

Lawyer

bidder

Deals

£ 7.87 B

Total Value

david wehner

CFO at META (EX FACEBOOK)

Manager

bidder

Deals

£ 4.97 B

Total Value

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