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The company behind Grasshopper

GoTo

Grasshopper, a virtual phone service for small businesses in the US and Canada, belongs to GoTo, the Boston company formerly called LogMeIn that also sells GoTo Connect and LogMeIn Resolve. It earns money from monthly subscriptions. Grasshopper itself began in 2003 as GotVMail, founded by Siamak Taghaddos and David Hauser.

grasshopper.comRead on Oct 18, 2026 from the company’s own pages and from news reports.

Grasshopper at a glance

Chief executive
Rich Veldran
Founded
2003
Based in
Boston, Massachusetts
Last valuation
$4.3 billion
Reported Aug 31, 2020
Latest round
Debt, $100 million
Feb 5, 2024
Ownership
Privately held

Grasshopper's CEO and founders

  • Rich Veldran

    Chief Executive Officer, GoTo

    goto.com
  • Siamak Taghaddos

    Co-founder of Grasshopper

    grasshopper.com
  • David Hauser

    Co-founder of Grasshopper

    grasshopper.com
  • Olga Lagunova

    Chief Innovation and Technology Officer, GoTo

    goto.com

The people GoTo names itself, or a news report about it names, with the job given there. Their accounts are the ones its own pages link to.

Grasshopper funding

GoTo is owned by private equity rather than funded in rounds: Francisco Partners and Evergreen Coast Capital bought it, as LogMeIn, in 2020. In February 2024 GoTo said certain lenders invested $100 million when it closed a debt exchange, with no change to its equity ownership. sec.govgoto.com

WhenRoundAmountInvestors
Feb 5, 2024Debt$100 millionNot named. goto.com

Grasshopper valuation

$4.3 billion

Aug 31, 2020

LogMeIn, now GoTo, announced this aggregate equity valuation when its sale to Francisco Partners and Evergreen Coast Capital closed. It values the whole company, not Grasshopper alone. sec.gov

A private company’s valuation is set when it raises money and is rarely updated in public. It is not a share price.

Company details

Ownership
Privately held. Grasshopper's About page says it was acquired by GoTo. GoTo (then LogMeIn) has been privately held since affiliates of Francisco Partners and Evergreen Coast Capital, Elliott's private equity affiliate, completed their purchase of it in August 2020, per its SEC filing. sec.gov
Founded
2003 sec.gov
Based in
Boston, Massachusetts goto.com
Hiring
12 open roles across the whole of GoTo: 4 in marketing, 3 in engineering, 2 in customer care, and 1 each in product, corporate development and sales goto.wd5.myworkdayjobs.com
Affiliate program
Pays as much as $150 per order, on 60-day payment terms, with quarterly promotions. Sign-up runs through impact.com. grasshopper.com
Referral program
A customer who refers someone gets a $40 account credit and the new customer a $15 credit, once the new customer has stayed for at least 2 months. There is no limit on the number of referrals. grasshopper.com

Grasshopper on social media and the web

Only accounts GoTo links to from its own site, so you know they are its own.

How to contact GoTo

The ways GoTo publishes for reaching it. We don’t list personal email addresses, guessed or otherwise.

Grasshopper news and launches

Media kit

The GoTo media kit

Everything on this page as a designed PDF to keep or pass on: the facts, the people, the funding with a chart of every round, the products with their grades and pictures, the news and every official channel. Put together by ToolGPA, not by GoTo.

Questions about Grasshopper the company

Who is the CEO of Grasshopper?

Rich Veldran is GoTo's chief Executive Officer, GoTo, according to goto.com, as read on Oct 18, 2026.

Who founded Grasshopper?

Siamak Taghaddos and David Hauser are named as founders of GoTo, which was founded in 2003.

How much funding has Grasshopper raised?

GoTo is owned by private equity rather than funded in rounds: Francisco Partners and Evergreen Coast Capital bought it, as LogMeIn, in 2020. In February 2024 GoTo said certain lenders invested $100 million when it closed a debt exchange, with no change to its equity ownership.

When did Grasshopper last raise money?

The most recent round announced was in Feb 5, 2024: Debt, $100 million.

What is Grasshopper's valuation?

$4.3 billion, as of Aug 31, 2020. LogMeIn, now GoTo, announced this aggregate equity valuation when its sale to Francisco Partners and Evergreen Coast Capital closed. It values the whole company, not Grasshopper alone.

Who owns Grasshopper?

Grasshopper's About page says it was acquired by GoTo. GoTo (then LogMeIn) has been privately held since affiliates of Francisco Partners and Evergreen Coast Capital, Elliott's private equity affiliate, completed their purchase of it in August 2020, per its SEC filing.

Where is Grasshopper based?

GoTo gives its base as Boston, Massachusetts.

Is Grasshopper hiring?

12 open roles across the whole of GoTo: 4 in marketing, 3 in engineering, 2 in customer care, and 1 each in product, corporate development and sales.

Is Grasshopper on social media?

GoTo links to its own accounts on X (Twitter), LinkedIn, YouTube, Instagram and Facebook. The links are on this page, taken from GoTo's own site.

Does Grasshopper have an affiliate program?

Pays as much as $150 per order, on 60-day payment terms, with quarterly promotions. Sign-up runs through impact.com.

Where this comes from

Read on Oct 18, 2026. Facts come from GoTo’s own pages, news reports and investors’ own announcements; nothing from paid data sites. What no page states is left out. If something here is out of date, the company can send a correction through the vendor page.

Everything about Grasshopper: grades, features, platforms and alternatives