When was Grovo founded?

Grovo was founded in 2010 and raised its 1st funding round 1 year after it was founded.

Where is Grovo located?

Grovo is headquartered in New York City, United States.

How many employees does Grovo have?

As of Mar 31, 2026, the latest employee count at Grovo is 23.

Is Grovo a funded company?

Grovo is a funded company, having raised a total of $97.3M across 5 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Sep 01, 2011.

When was the latest funding round of Grovo?

Grovo's latest funding was a $***** Series C round on Jul 21, 2017, with participation from 0 investor.

Where does Grovo rank among its competitors?

Grovo ranks 5th amongst 98 active competitors, of which 15 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was RapL, which secured an undisclosed amount in May, 2023.

Who are the top competitors of Grovo?

Grovo's top competitors include RapL, 5 Mins AI and Gnowbe. Among them, RapL secured the most recent funding round in May, 2023.

Grovo - 2026 Company Profile, Team, Funding & Competitors

Q: Is Grovo an acquired company?

Grovo got acquired by Cornerstone on Nov 07, 2018.

Company Details

Grovo provides SaaS-based LMS for employee training through testing, tracking, reporting, gamification, ILT, API, web conferencing and certification for SMB, universities, and enterprises. Grovo specializes in 60 sec microlearning videos and has published 5000+ videos from its proprietary software. Some of the prominent customers include Pitney Bowes, Wells Fargo, Chevron etc including users over 190 countries. Internet week named Grovo "The best place to work in new york city tech."

Website: grovo.com
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Key Metrics

Founded Year

2010

Location

New York City, United States

Stage

Acquired

Total Funding

$97.3M in 5 rounds

Latest Funding Round

Series C, Jul 21, 2017, $*****

Investors

Accel & 19 more

Ranked

5^th among 98 active competitors

Employee Count

23 as on Mar 31, 2026

Similar Companies

RapL & 109 more

Exit Details

Acquired by Cornerstone (Nov 07, 2018)

View Grovo's full profile

Grovo is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
GROVO LEARNING, INC. CIN: 273056493 , United States, Active	Dec 31, 1999	-	-	-

Grovo got acquired by Cornerstone on Nov 07, 2018 at an acquisition amount of $*****.

Click here to take a look at Grovo's acquisition in detail

Grovo has raised a total funding of $97.3M over 5 rounds. Its first funding round was on Sep 01, 2011. Grovo has 16 institutional investors and 4 angel investors.

Here is the list of recent funding rounds of Grovo:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 21, 2017	3616261	Series C	1455395	7163463	1007741	9445751
Jan 26, 2016	8123571	Series C	4303790	9676019	6419707	Costanoa Venture & 2 more
Feb 18, 2015	3025625	Series B	8294691	9773839	8375395	Costanoa Venture & 2 more

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View details of Grovo's funding rounds and investors

The founders of Grovo are Jeff Fernandez, Surag Mungekar and Nick Narodny. Himanshu Palsule is the CEO of Grovo.

Here are the details of Grovo's key team members:

Jeff Fernandez: CEO & Cofounder of Grovo.
Surag Mungekar: Cofounder of Grovo.
Nick Narodny: Former Co-Founder & Chief Content Officer of Grovo.

View details of Grovo's Founder profiles and Board Members

Grovo's employee count trend

Grovo has 23 employees as of Mar 26. Here is Grovo's employee count trend over the years:

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Top competitors of Grovo include RapL, 5 Mins AI and Gnowbe. Here is the list of Top 10 competitors of Grovo, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	RapL 2011, Bengaluru (India), Seed	Provider of AI-powered microlearning solutions for employee training	$2.62M	Faering Capital, Idea Labz & 11 others	57/100
2nd	5 Mins AI 2021, London (United Kingdom), Seed	Cloud-based LMS platform for enterprises	$6.98M	AlbionVC, Redbus Group & 6 others	57/100
3rd	Gnowbe 2015, San Francisco (United States), Seed	AI-powered microlearning platform for engaging, mobile-first, social learning experiences	$1.7M	500 Global, COENT Venture Partners & 8 others	52/100
4th	Practice 2011, Philadelphia (United States), Acquired	Professional development solution for educators	$13.5M	Ben Franklin Technology Partners, City Light Capital ... & 15 others	51/100
5th	Grovo 2010, New York City (United States), Acquired	Corporate Learning Management System (LMS)	$97.3M	Industry Ventures, Lead Edge Capital & 18 others	56/100
6th	Ed 2000, Manly (Australia), Acquired	Mobile-based Learning management system	$9M	SafetyCulture	50/100
7th	MobieTrain 2015, Genk (Belgium), Series B	Cloud-based microlearning platform for enterprises	$17M	LRM, ING & 7 others	49/100
8th	Uptime 2019, London (United Kingdom), Seed	Provider of microlearning platform delivering training, compliance, and employee enablement	$19M	Vault Investment, HB Investments & 7 others	49/100
9th	microdoing 2015, Paris (France), Unfunded	Platform offering training and development solutions for organizational performance	-	-	44/100
10th	Viora 2021, Vienna (Austria), Unfunded	Platform offering micro-learning solutions for employee development	-	-	39/100