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Grove Collaborative
About
Grove creates and curates high-performing, planet-first home, and personal care products.
- San Francisco,California,United States
- 501 - 1000
- http://www.grove.co
Details
- Last Funding Type
- Post-IPO Debt
- Last Funding Money Raised
- $72M
- Industries
- Consumer Goods,E-Commerce,Internet,Manufacturing,Retail
- Founded date
- Jan 1, 2012
- Number Of Employee
- 501 - 1000
- Operating Status
- Active
- Stock Symbol
- nyse:GROV
- Legal Name
- Grove Collaborative, Inc.
Launched in 2016 as a Certified B Corp, Grove Collaborative is transforming consumer products into a positive force for human and environmental good. Grove creates and curates high-performing, planet-first products across household cleaning, personal care, laundry, clean beauty, and pet, serving millions of households across the U.S. The Grove Co. brand helped create the zero-waste home care category and continues to be the market leader. Every item Grove offers, from both brands they craft — like their flagship brand Grove Co., plastic-free personal care line Peach, and clean skincare brand Superbloom — and from exceptional third-party brands, has been thoroughly vetted against strict standards for clean ingredients, efficacy, sustainability, cruelty-free formulas, and ethical supply chain practices. Grove, a public benefit corporation, is on a mission to move Beyond Plastic. Grove is the first plastic neutral retailer in the world and is committed to being 100% plastic-free by 2025. For more information, visit grove.co/beyondplastic.
Funding Rounds
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Dec 27, 2022 | Post-IPO Debt | $72M | — | — | — | Detail |
| Jun 17, 2022 | Post-IPO Equity | $86M | 5 | — | — | Detail |
| Jun 17, 2022 | IPO | $435M | — | — | — | Detail |
| Dec 10, 2020 | Series E | $125M | 6 | — | — | Detail |
| Sep 5, 2019 | Series D | $265M | 12 |
General Atlantic
Glynn Capital Management
Lone Pine Capital
|
— | Detail |
Investments
|
Date
Company Name
|
Round | Money Raised | Industry | Lead Investor |
|---|---|---|---|---|
|
Nov 1, 2018
InterCure
|
Post-IPO Equity | $17.50M | Biotechnology | — |
Investors
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
|
|
— | Post-IPO Equity |
|
General Atlantic
|
— | Post-IPO Equity |
|
Lone Pine Capital
|
— | Post-IPO Equity |
Paul Polman
|
— | Post-IPO Equity |
Sculptor Capital Management
|
— | Post-IPO Equity |
10X Capital
|
— | Series E |
|
Glynn Capital Management
|
— | Series E |
Kapital Partners
|
— | Series E |
Morgan Stanley Investment Management
|
— | Series E |
NextView Ventures
|
— | Series E |
Employee Profiles
Acquisition
Grove Collaborative has acquired 3 organizations. Their most recent acquisition was Darby Smart on Apr 25, 2019. They acquired Darby Smart for 0.
