Grovo Overview
- Founded
-
2010

- Status
-
Acquired/Merged
- Employees
-
70

- Latest Deal Type
-
M&A
- Latest Deal Amount
-
$22.9M
- Investors
-
1
Grovo General Information
Description
Provider of learning management platform designed to be used for employee training and development. The company's platform provides a library that includes video lessons on professional topics including soft skills, management, digital tools and more, enabling employers to continuously teach their employees the skills to perform better.
Contact Information
Website
www.grovo.com
Ownership Status
Acquired/Merged
(Operating Subsidiary)
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Primary Industry
Education and Training Services (B2B)
Other Industries
Educational Software
Parent Company
Primary Office
- 3 Park Avenue
- 30th Floor
- New York, NY 10016
- United States
+1 (212) 000-0000
Grovo Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
9. Merger/Acquisition | 09-Nov-2018 | $22.9M | 000.00 | 000.00 | Completed | Generating Revenue |
8. Debt - General | 000.00 | Completed | Generating Revenue | |||
7. Later Stage VC (Series D) | 25-Jul-2017 | 000.00 | 000.00 | 000.00 | Completed | Generating Revenue |
6. Later Stage VC (Series C) | 26-Jan-2016 | 0000 | 0000 | 00000 | Completed | Generating Revenue |
5. Debt - General | 31-Dec-2015 | 00000 | 0000 | Completed | Startup | |
4. Early Stage VC (Series B) | 18-Feb-2015 | 0000 | 000.00 | 0000 | Completed | Startup |
3. Early Stage VC (Series A) | 17-Jul-2013 | 00.00 | 00.000 | Completed | Startup | |
2. Early Stage VC (Series A1) | 14-Jul-2013 | $1.5M | $3.02M | 0000 | Completed | Startup |
1. Seed Round | 01-Sep-2011 | $1.52M | $1.52M | 00.000 | Completed | Startup |
Grovo Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
Series D | 00,000,000 | 00.000000 | 00 | 00.00 | 00.00 | 00 | 00.00 | 00.000 |
Series C1 | 00,000,000 | 00.000000 | 00 | 00.00 | 00.00 | 00 | 00.00 | 00.000 |
Series B1 | 00,000,000 | 00.000000 | 00 | 00.00 | 00.00 | 00 | 00.00 | 00.000 |
Series A3 | 0,000,000 | 00.000000 | 00 | 00.00 | 00.00 | 00 | 00.00 | 0.000 |
Series A2 | 8,001,993 | $0.001000 | 8% | $0.48 | $0.48 | 1x | $0.48 | 8.44% |
Seed-1 | 3,467,560 | $0.001000 | 8% | $0.44 | $0.44 | 1x | $0.44 | 3.66% |
Grovo Comparisons
Description
Primary
Industry
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last Financing Details
Provider of learning management platform designed to be used for employee training and development. The company's platfo
Education and Training Services (B2B)
New York, NY
70
As of 2017
000.00
00.00
0000-00-00
000000&0
000.00
Grovo Competitors (26)
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
CypherWorx | Venture Capital-Backed | Rochester, NY | 00 | 00.000 | 000000000 - | 00.000 |
00000000000 | Private Equity-Backed | Salt Lake City, UT | 0000 | 00000 | 00000000 | 00000 |
00000000 | Formerly PE-Backed | Bozeman, MT | 00 | 000000000000 | ||
0000000000 | Formerly PE-Backed | Portland, OR | 000 | 00000 | 0000000 0000 | 00000 |
000 | Venture Capital-Backed | Brisbane, Australia | 000 | 00000 | 00000000000 | 00000 |
Grovo Executive Team (30)
Name | Title | Board Seat | Contact Info |
---|---|---|---|
Steven Carpenter | Chief Executive Officer | ||
Clint Cleetus | Principal Engineer & Founding Director of Engineering |
Grovo Board Members (14)
Name | Representing | Role | Since |
---|---|---|---|
Andrew Chen | Self | Advisor & Board Member | 000 0000 |
Jonathan Gheller | Self | Advisor & Board Member | 000 0000 |
Panos Kougiouris | Self | Advisor & Board Member | 000 0000 |
Robert Reid | Self | Board Member | 000 0000 |
Rohan Kumar | Self | Advisor & Board Member | 000 0000 |
Grovo Signals
Grovo Former Investors (22)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
---|---|---|---|---|---|
Accel | Venture Capital | Minority | 000 0000 | 000000 0 | |
Activate Venture Partners | Venture Capital | Minority | 000 0000 | 000000 0 | |
Ajay Rajani | Angel (individual) | Minority | 000 0000 | 000000 0 | |
BoxGroup | Venture Capital | Minority | 000 0000 | 000000 0 | |
Bryan Wolff | Angel (individual) | Minority | 000 0000 | 000000 0 |