Tech Company Financing Transactions
Grovo Funding Round
Grovo, operating out of New York, received $40 million from Accel Partners, Costanoa Venture Capital and private investors.
Transaction Overview
Company Name
Announced On
1/26/2016
Transaction Type
Venture Equity
Amount
$40,000,000
Round
Series C
Investors
Accel Partners (Lead Investor) (Sameer Gandhi)
private investors (Greg Waldorf)
Proceeds Purpose
This additional funding will enable us to accelerate development of products that transform the industry, while continuing to lead by example with our own internal learning initiatives. To support its explosive growth, the company also plans to invest in a round of key executive hires and an expanded NYC headquarters.
Company Information
Company Status
Private & Independent
Industry
EdTech
Mailing Address
50 W 23rd St.
New York, NY 10010
USA
New York, NY 10010
USA
Phone
Website
Email Address
Overview
Grovo gives you the technology and content to train, develop, and inspire your team. Our 60-second videos teach everything your employees need, delivered in a way they love.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Steven Carpenter
Chief Financial Officer
Chris Acquaviva
VP - Bus. Development
Jonny Raggett
VP - Customer Service
Kate Rotunno
VP - Engineering
Frans Xavier
VP - General Counsel
Summer Salomonsen
VP - Sales
Jason Silverstein
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