Tech Company M&A Transactions

Grove Acquisition

Headquartered in San Francisco, Grove was acquired by Wealthfront. The companies did not announce specifics regarding acquisition price or deal terms.

Transaction Overview

Company Name
Acquired By
Announced On
8/26/2019
Transaction Type
M&A
Amount
Unknown
M&A Terms
The team will be joining Wealthfront to accelerate the latter's efforts to deliver Self-Driving Money™, the new service whose vision is to allow clients to optimize money, deposit paycheck into the company's account with technology handling the rest, ensuring that bills are paid, the right amount of money is in emergency fund and contributing to the most appropriate investment accounts to achieve specific goals. Financial terms of the transaction were not disclosed.

Company Information

Company Status
Acquired or Merged
Industry
FinTech
Mailing Address
487 Bryant St. 3rd Floor 407
San Francisco, CA 94107
USA
Phone
Undisclosed
Email Address
Overview
Grove provides tools to empower people to make decisions about their money through a combination of human advisors and technology.
Profile
Grove LinkedIn Company Profile
Social Media
Grove Company Twitter Account
Company News
Grove News
Facebook
Grove on Facebook
YouTube
Grove on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Chris Hutchins
  Chris Hutchins LinkedIn Profile  Chris Hutchins Twitter Account  Chris Hutchins News  Chris Hutchins on Facebook
Co-Founder
Chris Doyle
  Chris Doyle LinkedIn Profile  Chris Doyle Twitter Account  Chris Doyle News  Chris Doyle on Facebook
VP - Engineering
Arsenio Santos
  Arsenio Santos LinkedIn Profile  Arsenio Santos Twitter Account  Arsenio Santos News  Arsenio Santos on Facebook
VP - Finance
Leslie Mallman
  Leslie Mallman LinkedIn Profile  Leslie Mallman Twitter Account  Leslie Mallman News  Leslie Mallman on Facebook
VP - Marketing
Irene Lee
  Irene Lee LinkedIn Profile  Irene Lee Twitter Account  Irene Lee News  Irene Lee on Facebook


 

 

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Prev: 8/26/2019: Capacity venture capital transaction
Next: 8/26/2019: MDClone venture capital transaction

 

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Where The Data Comes From

We do our best to record all VC transactions involving tech companies. VC investment data records reported here come from a variety of public sources. The information is sourced from VentureDeal.com, an affiliated venture.

 


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