About Grove Collaborative
Grove Collaborative is a company based in San Francisco (United States) founded in 2012 by Chris Clark and Stuart Landesberg. It operates as a Direct-to-Consumer (D2C), and Subscription Services. Grove Collaborative has raised $526.53 million across 11 funding rounds from investors including Morgan Stanley, General Atlantic and Norwest Venture Partners. The company has 415 employees as of December 31, 2024. Grove Collaborative has completed 4 acquisitions, including 8Greens, Darby Smart and Sundaily. Grove Collaborative offers products and services including Grove Co. Cleaning Essentials, Health & Wellness Products, and Personal Care Products. Grove Collaborative operates in a competitive market with competitors including FabFitfun, The Rounds, Bespoke Post, Italic and Cratejoy, among others.
- Headquarter San Francisco, United States
- Employees 415 as on 31 Dec, 2024
- Founders Chris Clark, Stuart Landesberg
- Stage Public
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Sectors
Retail
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Grove Collaborative Holdings, Inc.
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Annual Revenue
$203.43 M-21.54as on Dec 31, 2024
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Net Profit
$-27.42 M36.57as on Dec 31, 2024
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EBITDA
$-10.69 M58.27as on Dec 31, 2024
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Total Equity Funding
$526.53 M (USD)
in 11 rounds
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Latest Funding Round
$15 M (USD), Post-IPO
Oct 14, 2024
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Investors
Morgan Stanley
& 15 more
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Employee Count
415
as on Dec 31, 2024
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Investments & Acquisitions
8Greens
& 3 more
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IPO & Listings of Grove Collaborative
Grove Collaborative is a publicly listed company on the NYSE with ticker symbol GROV in USA, operating in the Consumer non-durables sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Grove Collaborative
Grove Collaborative offers a comprehensive portfolio of products and services, including Grove Co. Cleaning Essentials, Health & Wellness Products, and Personal Care Products. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Sustainable cleaning products are offered for household use.
Eco-friendly wellness items are provided for healthier living.
Non-toxic personal care items are sold for safety.
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Finance and Accounting
9 people
Leadership Team
8 people
Software Development Team
5 people
Creative and Marketing Team
5 people
Data Analysis and Operations Team
3 people
Product Management Team
3 people
Senior Team
2 people
Sales and Marketing
2 people
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Funding Insights of Grove Collaborative
Grove Collaborative has successfully raised a total of $526.53M across 11 strategic funding rounds. The most recent funding activity was a Post-IPO round of $15 million completed in October 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 11
- Last Round Post-IPO — $15.0M
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First Round
First Round
(28 Jul 2016)
- Investors Count 16
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2024 | Amount | Post-IPO - Grove Collaborative | Valuation |
investors |
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| Aug, 2023 | Amount | Post-IPO - Grove Collaborative | Valuation |
investors |
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| Jan, 2023 | Amount | Debt – Conventional - Grove Collaborative | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Grove Collaborative
Grove Collaborative has secured backing from 16 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Morgan Stanley, General Atlantic and Norwest Venture Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital investments are directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Growth capital financing is provided by the investment firm.
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Founded Year | Domain | Location | |
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Diversified investments in distressed debt and securities are managed globally.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Grove Collaborative
Grove Collaborative has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include 8Greens, Darby Smart and Sundaily. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Nutrition supplements are branded and distributed by Sundaily.
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2018 | ||||
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How-to videos on DIY and lifestyle topics are crowdsourced online.
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2013 | ||||
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Natural sexual wellness products are retailed online by Sustain Natural.
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2013 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Grove Collaborative
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Grove Collaborative Comparisons
Competitors of Grove Collaborative
Grove Collaborative operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as FabFitfun, The Rounds, Bespoke Post, Italic and Cratejoy, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Online retailer offering subscription-based multi-category products
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| domain | founded_year | HQ Location |
Online retailer offering subscription-based multi-category products
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| domain | founded_year | HQ Location |
Themed lifestyle boxes are subscribed to monthly by men.
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| domain | founded_year | HQ Location |
Multi-category products are sold via an online membership-based marketplace.
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| domain | founded_year | HQ Location |
Subscription-based boxes are provided via an online marketplace.
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| domain | founded_year | HQ Location |
Multi-category products are offered via an online subscription platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Grove Collaborative
Frequently Asked Questions about Grove Collaborative
When was Grove Collaborative founded?
Grove Collaborative was founded in 2012 and raised its 1st funding round 4 years after it was founded.
Where is Grove Collaborative located?
Grove Collaborative is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Who is the current CEO of Grove Collaborative?
Stuart Landesberg is the current CEO of Grove Collaborative. They have also founded this company.
Is Grove Collaborative a funded company?
Grove Collaborative is a funded company, having raised a total of $526.53M across 11 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $72M, raised on Jul 28, 2016.
How many employees does Grove Collaborative have?
As of Dec 31, 2024, the latest employee count at Grove Collaborative is 415.
What is the annual revenue of Grove Collaborative?
Annual revenue of Grove Collaborative is $203.43M as on Dec 31, 2024.
What does Grove Collaborative do?
Grove Collaborative is focused on delivering sustainable and eco-friendly products for home and personal care. A wide range of categories including cleaning essentials, health and wellness, personal care, and household items are offered. Solutions aimed at reducing plastic waste through the Beyond Plastic initiative are emphasized. Products are vetted for higher ingredient standards, ensuring safety and environmental responsibility. The company operates in the consumer goods sector, targeting conscious consumers seeking ethical and effective alternatives. Carbon-neutral shipping and community impact initiatives are also supported.
Who are the top competitors of Grove Collaborative?
Grove Collaborative's top competitors include FabFitfun, The Rounds and Bespoke Post.
What products or services does Grove Collaborative offer?
Grove Collaborative offers Grove Co. Cleaning Essentials, Health & Wellness Products, and Personal Care Products.
Is Grove Collaborative publicly traded?
Yes, Grove Collaborative is publicly traded on NYSE under the ticker symbol GROV.
How many acquisitions has Grove Collaborative made?
Grove Collaborative has made 4 acquisitions, including 8Greens, Darby Smart, and Sundaily.
Who are Grove Collaborative's investors?
Grove Collaborative has 16 investors. Key investors include Morgan Stanley, General Atlantic, Norwest Venture Partners, Avenue Capital Group, and Greenspring Associates.
What is Grove Collaborative's ticker symbol?
The ticker symbol of Grove Collaborative is GROV on NYSE.
What is Grove Collaborative's valuation?
The valuation of Grove Collaborative is $1.32B as of Dec 2020.