Grove Collaborative

company

About

Grove creates and curates high-performing, planet-first home, and personal care products.

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

Number of Funding Rounds
Total Funding Amount
9
$1.06B
Grove Collaborative has raised a total of $1.06B in funding over 2 rounds. Their latest funding was raised on Dec 27, 2022 from a Post-IPO Debt round.
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

Number of Investments
Number of Lead Investments
1
0
Grove Collaborative has made 1 investments. Their most recent investment was on Nov 1, 2018, when InterCure raised $17.50M.
Date Company Name
Round Money Raised Industry Lead Investor
Nov 1, 2018 InterCure
Post-IPO Equity $17.50M Biotechnology

Employee Profiles

Number of Employee Profiles
22
Grove Collaborative has 22 current employee profiles, including Advisor David Ibnale
Advisor
Employee
Executive
Executive
Board member

Acquisition

Grove Collaborative has acquired 3 organizations. Their most recent acquisition was Darby Smart on Apr 25, 2019. They acquired Darby Smart for 0.

Date Company Name
Industry Acquisition Type Price
Apr 25, 2019 Darby Smart
Communities acquisition Detail
Aug 8, 2019 Sustain
E-Commerce acquisition Detail
Jun 18, 2020 Sundaily
Consumer Goods acquisition Detail