About Grovo
Grovo is a company based in New York (United States) founded in 2010 was acquired by Cornerstone in November 2018. Grovo has raised $73.34 million across 5 funding rounds from investors including Cornerstone, Accel and Vayner/RSE. The company has 62 employees as of December 31, 2017. Grovo operates in a competitive market with competitors including Gnowbe, MobieTrain, RapL, Code Of Talent and ArcLab, among others.
- Headquarter New York, United States
- Employees 62 as on 31 Dec, 2017
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Sectors
Technology
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Grovo Learning, Inc.
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$73.34 M (USD)
in 5 rounds
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Latest Funding Round
$11.31 M (USD), Series C
Jul 21, 2017
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Investors
Cornerstone
& 4 more
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Employee Count
62
as on Dec 31, 2017
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Acquired by
Cornerstone
(Nov 07, 2018)
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People of Grovo
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Funding Insights of Grovo
Grovo has successfully raised a total of $73.34M across 5 strategic funding rounds. The most recent funding activity was a Series C round of $11.31 million completed in July 2017. 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.
Investors in Grovo
Grovo has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Cornerstone, Accel and Vayner/RSE.
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Accel is recognized as a leading venture capital firm.
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Tech VC firm investing in early stage companies in the US
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Venture capital is invested in multiple sectors by Uncork Capital.
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Investor details for Grovo
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Investments & Acquisitions by Grovo
Investment portfolio details for Grovo
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Financial Statements - Grovo
Detailed financials for Grovo
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Grovo Comparisons
Peer comparison for Grovo
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Competitors of Grovo
Grovo 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 Gnowbe, MobieTrain, RapL, Code Of Talent and ArcLab, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Interactive micro-learning is delivered to professionals via mobile app.
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Cloud-based microlearning platform is offered for enterprise employee training.
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AI-powered microlearning solutions are provided for employee training.
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Gamification-based learning management systems are provided for training solutions.
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SaaS mobile platform for course creation and nano-learning delivery.
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Detailed competitors of Grovo
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Latest news on Grovo
Complete news archive for Grovo
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Frequently Asked Questions about Grovo
Grovo was founded in 2010 and raised its 1st funding round 1 year after it was founded.
Grovo is headquartered in New York, United States. It is registered at New York, New York, United States.
Grovo is a funded company, having raised a total of $73.34M across 5 funding rounds to date.
As of Dec 31, 2017, the latest employee count at Grovo is 62.
Grovo was founded in 2010 in New York, United States, within the edtech sector. A SaaS-based learning management system is operated for corporate training, universities, and enterprises. Services encompass testing, tracking, reporting, gamification, instructor-led training, API integrations, web conferencing, and certification. Over 5000 microlearning videos, each around 60 seconds, have been developed using proprietary software. Clients including Pitney Bowes, Wells Fargo, and Chevron are supported across more than 190 countries.
Grovo's top competitors include Gnowbe, MobieTrain and RapL.
Grovo has 5 investors. Key investors include Cornerstone, Accel, Vayner/RSE, Costanoa Venture, and Uncork Capital.