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Grovo - About the company

Grovo is an acquired company based in New York City (United States), founded in 2010 by Nick Narodny. It operates as a Corporate Learning Management System (LMS). Grovo has raised $97.3M in funding from Accel. The company has 111 active competitors, including 15 funded and 5 that have exited. Its top competitors include companies like 5 Mins AI, RapL and Practice.

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
Social
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Part Of
Key Metrics
Founded Year
2010
Location
New York City, United States
Stage
Acquired
Total Funding
$97.3M in 5 rounds
Latest Funding Round
Investors
Ranked
Employee Count
23 as on Jul 31, 2026
Similar Companies
Exit Details
Acquired by Cornerstone (Nov 07, 2018)

Grovo's acquisition details

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
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Grovo's funding and investors

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:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jul 21, 2017
8259440
Series C
7875880
1805469
4291436
1573516
Jan 26, 2016
7691102
Series C
8160759
6085921
5354199
Feb 18, 2015
2475421
Series B
5654384
6206729
6682703
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Grovo's founders and board of directors

Founder? Claim Profile
The founders of Grovo is Nick Narodny. Himanshu Palsule is the CEO of Grovo.
Here are the details of Grovo's key team members:

Grovo's employee count trend

Grovo has 23 employees as of Jul 26. Here is Grovo's employee count trend over the years:
Employee count trend for Grovo
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Grovo's Competitors and alternates

Top competitors of Grovo include 5 Mins AI, RapL and Practice. 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
Logo for 5 Mins AI
5 Mins AI
2021, London (United Kingdom), Seed
Cloud-based LMS platform for enterprises
$6.98M
57/100
2nd
Logo for RapL
RapL
2011, Bengaluru (India), Seed
Provider of AI-powered microlearning solutions for employee training
$2.62M
56/100
3rd
Logo for Grovo
Grovo
2010, New York City (United States), Acquired
Corporate Learning Management System (LMS)
$97.3M
52/100
4th
Logo for Practice
Practice
2011, Philadelphia (United States), Acquired
Professional development solution for educators
$13.5M
51/100
5th
Logo for Gnowbe
Gnowbe
2015, San Francisco (United States), Seed
AI-powered microlearning platform for engaging, mobile-first, social learning experiences
$1.7M
51/100
6th
Logo for Uptime
Uptime
2019, London (United Kingdom), Seed
Provider of microlearning platform delivering training, compliance, and employee enablement
$19M
50/100
7th
Logo for Ed
Ed
2000, Manly (Australia), Acquired
Mobile-based Learning management system
$9M
48/100
8th
Logo for microdoing
microdoing
2015, Paris (France), Unfunded
Platform offering training and development solutions for organizational performance
-
-
44/100
9th
Logo for MobieTrain
MobieTrain
2015, Genk (Belgium), Series B
Cloud-based microlearning platform for enterprises
$17M
43/100
10th
Logo for FIT Learning
FIT Learning
2018, Getxo (Spain), Unfunded
Cloud-based learning platform for enterprises
-
-
36/100
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Grovo's Investments and acquisitions

Grovo has made no investments or acquisitions yet.

Reports related to Grovo

Here is the latest report on Grovo's sector:

News related to Grovo

lockFilter this list
•
Cornerstone Buys Grovo Learning for $24MLos Angeles Business Journal•Nov 08, 2018•Cornerstone, Grovo, Cornerstone On Demand
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FAQs about Grovo

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