Grovo
2010
FOUNDED
M&A
STATUS
61-70
EMPLOYEES
M&A
LATEST DEAL TYPE
$22.9M
LATEST DEAL AMOUNT
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.
Website
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
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Grovo Valuation and 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) | 03-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 Competitors (24)
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Wisetail | Formerly PE-Backed | Bozeman, MT | 00 | 000000000000 | ||
| 000 | Venture Capital-Backed | Brisbane, Australia | 000 | 000.00 | 00000000000 | 000.00 |
| 0000000000 | Venture Capital-Backed | Rochester, NY | 00 | 00.000 | 0000000000 0 | 00.000 |
| 0000000000 | Venture Capital-Backed | Town and Country, MO | 000 | 0000000000 0 | ||
| 00000000000 | Formerly VC-backed | Salt Lake City, UT | 0000 | 00000 | 000000000 | 00000 |
Grovo Former Investors (21)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Board Seat |
Contact Info |
|---|---|---|---|---|---|---|
| Accel | Venture Capital | Minority | 000 0000 | 000000 0 | ||
| Activate Venture Partners | Venture Capital | Minority | 000 0000 | 000000 0 | ||
| BoxGroup | Venture Capital | Minority | 000 0000 | 000000 0 | ||
| Bryan Wolff | Angel (individual) | Minority | 000 0000 | 000000 0 | ||
| Costanoa Ventures | Venture Capital | Minority | 000 0000 | 000000 0 |
Grovo Executive Team (27)
| Name | Title | Board Seat |
Contact Info |
|---|---|---|---|
| Steven Carpenter | Chief Executive Officer | ||
| Clint Cleetus | Director, Engineering |
25 Former Executives
You’re viewing 2 of 27 executives. Get the full list »Grovo Board Members (15)
7 Former Board Members
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