Companies · Other

Grove Collaborative, Inc.

SAN FRANCISCO · Other

Diligence memoA one-page analyst read on Grove Collaborative, Inc. — recommendation, valuation, rhythm, risks.
$414.0M
Total raised · real
9
Rounds
1.4×
Latest step-up
Top 2%
Sector rank · raised
Series D+
Latest stage · inferred · Wed Nov 25 2020 00:00:00 GMT+0000 (Coordinated Universal Time)

Grove Collaborative, Inc. looks fair against its niche peers and is dormant on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Fair
  • Modeled value is 0.92× the median modeled value of Series D+ Other companies in 2019–2021 (110 peers) — value vs value, same stage and era.
  • Within the normal band (92% of peer median) for its niche.
Dormant
  • Last raise 5.6 yr ago; this sector typically re-raises about every 11 months.
  • Silent for over 3× the sector's normal cadence.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in Other

Grove Collaborative, Inc. is one of 25015 Other companies tracked from SAN FRANCISCO. By capital raised it ranks among the largest (ahead of 99% of sector peers), and among the largest by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
14
Investors (latest)
2016
Year incorporated
2020-11-25
First sale
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$500M$1.0B$1.5B$2.0BSeries A · 2015-02-10 Raised $5.2M (real) Modeled valuation $79M (est)Series A2015Series A · 2016-07-20 Raised $5.9M (real) Modeled valuation $90M (est)Series A2016Series B · 2017-04-14 Raised $15M (real) Modeled valuation $255M (est)Series B2017Series B · 2017-12-18 Raised $37M (real) Modeled valuation $611M (est)Series B2017Series B · 2018-06-05 Raised $27M (real) Modeled valuation $450M (est)Series B2018Series C · 2018-12-21 Raised $76M (real) Modeled valuation $1.3B (est)Series C2018Series C · 2019-08-23 Raised $35M (real) Modeled valuation $600M (est)Series C2019Series C · 2020-05-04 Raised $90M (real) Modeled valuation $1.5B (est)Series C2020Series D+ · 2020-11-25 Raised $122M (real) Modeled valuation $2.0B (est)Series D+2020+$5.9M+$15M+$37M+$27M+$76M+$35M+$90M+$122MCumulative $414M

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Series A$5.2M · 2015
Series A extension$5.9M · 2016
Series B$15.4M · 2017
Series B extension$36.8M · 2017
Series B extension$27.1M · 2018
Series C$76.4M · 2018
Series C extension$35.0M · 2019
Series C extension$89.9M · 2020
Series D+$122.3M · 2020

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 67%.

Modeled valuation trajectory
$2.0B
Base estimate est.
$693.0M
Conservative case
$4.2B
Upside case
$1.0B
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series D+a $100M–$400M round). Valuation is modeled from stage benchmarks. Directional, not a quoted figure.

Series A · modeled $78.6M · 2015-02-102015Series A · modeled $89.9M · 2016-07-20Series B · modeled $255.1M · 2017-04-14Series B · modeled $611.0M · 2017-12-18Series B · modeled $450.1M · 2018-06-05Series C · modeled $1.3B · 2018-12-21Series C · modeled $600.1M · 2019-08-23Series C · modeled $1.5B · 2020-05-04Series D+ · modeled $2.0B · 2020-11-252020
Model inputs · modeled:benchmark-stage-stepup-v1
12%
Dilution assumption
Implied ownership sold in the financing.
85%
Survival probability
68% low · 94% high
1.16×/yr
Annual markup
1.30×/yr upside case
5.6 yr
Elapsed time used
5.6 yr actual, capped for stale marks
general
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
9 mo
Avg between rounds
$71.5M/yr
Capital velocity
11.4 yr
On record since
2015
First round
9
Rounds on file
How it compares to the market

Benchmarked against 25015 companies in Other. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 202× above median
This company$414.0M
Sector median$2.0M
Latest round — vs other Series D+ rounds in sector (real $, this stage) 1.0× of median
This company$122.3M
Sector median$125.1M
Modeled value — vs sector median (estimate, all stages) 113× above median
This company$2.0B
Sector median$17.7M

Raised more than 99% of sector peers (real $). Modeled value above 98% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series D+) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful. This company ranks #65 of 110.

This companyCohort peer
$1.0B$10.0B$100.0M$1.0BCapital raised (log)Renascence Equity Ventures, Inc. · Series D+ Raised $400.0M · modeled $6.1B (est)Trulioo Information Services Inc. · Series D+ Raised $429.5M · modeled $5.9B (est)Diamond S Shipping Inc. · Series D+ Raised $333.3M · modeled $5.8B (est)BOA Holdings Inc. · Series D+ Raised $340.1M · modeled $5.6B (est)Maverick Parent L.P. · Series D+ Raised $305.7M · modeled $5.3B (est)Sustainable Bioproducts, Inc. · Series D+ Raised $460.0M · modeled $5.3B (est)Convoy, Inc. · Series D+ Raised $479.6M · modeled $5.2B (est)Natasha Harris-Johnson Trust · Series D+ Raised $300.0M · modeled $5.2B (est)Thriveworks TopCo, LLC · Series D+ Raised $340.2M · modeled $5.0B (est)Fanatics TC Holdco, Inc. · Series D+ Raised $347.0M · modeled $5.0B (est)ALCV Investments, L.P. · Series D+ Raised $310.0M · modeled $4.8B (est)Kabompo Holdings, Ltd. · Series D+ Raised $375.8M · modeled $4.6B (est)Grove Collaborative, Inc. (this company) Raised $414.0M · modeled $2.0B (est)Grove Collaborative, Inc.
CompanyStageRaised · realValue · estvs peer med.
Renascence Equity Ventures, Inc.Series D+$400.0M$6.1B2.80×
Trulioo Information Services Inc.Series D+$429.5M$5.9B2.75×
Diamond S Shipping Inc.Series D+$333.3M$5.8B2.66×
BOA Holdings Inc.Series D+$340.1M$5.6B2.60×
Maverick Parent L.P.Series D+$305.7M$5.3B2.44×
Sustainable Bioproducts, Inc.Series D+$460.0M$5.3B2.44×
Convoy, Inc.Series D+$479.6M$5.2B2.41×
Natasha Harris-Johnson TrustSeries D+$300.0M$5.2B2.40×
Thriveworks TopCo, LLCSeries D+$340.2M$5.0B2.33×
Fanatics TC Holdco, Inc.Series D+$347.0M$5.0B2.31×
ALCV Investments, L.P.Series D+$310.0M$4.8B2.20×
Kabompo Holdings, Ltd.Series D+$375.8M$4.6B2.13×
Grove Collaborative, Inc. this companySeries D+$414.0M$2.0B0.92×
Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Series A$5.2M2015-02-10$23.6M$78.6M85%
Series A$5.9M2016-07-20$27.0M$89.9M85%
Series B$15.4M2017-04-14$85.3M$255.1M90%
Series B$36.8M2017-12-18$204.3M$611.0M90%
Series B$27.1M2018-06-05$150.5M$450.1M90%
Series C$76.4M2018-12-21$509.6M$1.3B90%
Series C$35.0M2019-08-23$233.3M$600.1M90%
Series C$89.9M2020-05-04$599.5M$1.5B90%
Series D+$122.3M2020-11-25$1.0B$2.0B90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Series A$5.2M2015-02-10
    • First recorded raise — entered as Series A.
    • 35 investors on this round.
  2. Series A$5.9M2016-07-20
    • Raised again after 17 mo — slower than the ~11 mo sector norm.
    • Round roughly the size of the prior one.
    • 12 investors on this round.
  3. Series B$15.4M2017-04-14
    • Raised 9 mo later, in step with the ~11 mo sector norm.
    • Round 2.6× larger than the prior — scaling up.
    • 17 investors on this round.
  4. Series B$36.8M2017-12-18
    • Raised 8 mo later, in step with the ~11 mo sector norm.
    • Round 2.4× larger than the prior — scaling up.
    • 11 investors on this round.
  5. Series B$27.1M2018-06-05
    • Came back fast: 6 mo vs the ~11 mo sector norm.
    • Round 1.4× smaller than the prior — bridge or down round.
    • 14 investors on this round.
  6. Series C$76.4M2018-12-21
    • Came back fast: 7 mo vs the ~11 mo sector norm.
    • Round 2.8× larger than the prior — scaling up.
    • 8 investors on this round.
  7. Series C$35.0M2019-08-23
    • Raised 8 mo later, in step with the ~11 mo sector norm.
    • Round 2.2× smaller than the prior — bridge or down round.
    • 14 investors on this round.
  8. Series C$89.9M2020-05-04
    • Raised 8 mo later, in step with the ~11 mo sector norm.
    • Round 2.6× larger than the prior — scaling up.
    • 37 investors on this round.
  9. Series D+$122.3M2020-11-25
    • Came back fast: 7 mo vs the ~11 mo sector norm.
    • Round 1.4× larger than the prior — scaling up.
    • 14 investors on this round.
Intelligence
2021 ~Q3
Modeled next raise · ~9mo cadence
$166.3M
Modeled next size est.range $122.3M$266.1M
1.4×
Last step-up
$71.5M/yr
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
Lee Hower9 other2016-07
Chris Clark8 other2020-05
Jeff Crowe8 other2017-12
Tim Chang8 other2017-04
Christopher Clark6 other2016-07
Mark Sugarman6 other2017-04
Erik Blachford5 other2020-11
Christopher Clarke1 other2019-08
Catherine Beaudoin2018-06
Cathy Beaudoin2019-08
Delida Costin2020-05
Nathaniel Ewing2020-11
Servaes Tholen2020-05
Stuart Landesberg2015-02
Taek Kwon2016-07
Registry & provenance

Grove Collaborative, Inc. is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
1680311
SEC CIK
2016
Incorporated
Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

CompanySectorStageRaised · realValue · estWhy similar
Koch, Inc.OtherSeries D+$408.4M$1.7Bsame sector · same stage
ezCater, Inc.OtherSeries D+$393.5M$1.4Bsame sector · same stage
Cribl, Inc.OtherSeries D+$388.8M$1.3Bsame sector · same stage
Magna Hotel Fund IV L.P.OtherSeries D+$388.3M$2.3Bsame sector · same stage
Victory Capital Holdings, Inc.OtherSeries D+$385.6M$1.6Bsame sector · same stage
Whale Shark Media, Inc.OtherSeries D+$380.5M$2.6Bsame sector · same stage
Emergy Inc.OtherSeries D+$459.3M$2.2Bsame sector · same stage
Circuit of the Americas LLCOtherSeries D+$367.6M$1.4Bsame sector · same stage
Semantically similar

Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.

CompanySectorStageValue · estMatch
Grove, Inc.OtherSeries D+$1.6B93%
Center Grove LLCOtherPre-Seed$7.8M88%
Grove at Hickman, LLCOtherSeries A$24.4M86%
Collective Grovetown, LLCOtherSeed$9.7M85%
Emerald Grove Partners, LLCOtherPre-Seed$4.9M85%
Grove Padel Partners LLCOtherSeed$4.0M84%
Grove Apartments Pocatello, LLCProptech / Real EstateSeed$9.9M82%
Greenfield Groves Inc.OtherPre-Seed$2.4M82%
Frequently asked
How much funding has Grove Collaborative, Inc. raised?
Grove Collaborative, Inc. has raised approximately $414.0M in disclosed capital across 9 recorded financing rounds, aggregated from public filings.
What is Grove Collaborative, Inc.'s estimated valuation?
Provath's modeled valuation for Grove Collaborative, Inc. is approximately $2.0B (modeled range $693.0M–$4.2B). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Grove Collaborative, Inc. at?
Grove Collaborative, Inc.'s latest modeled financing stage is Series D+. Its most recent recorded round closed around Wed Nov 25.
What does Grove Collaborative, Inc. do and where is it based?
Grove Collaborative, Inc. operates in the Other sector, based in SAN FRANCISCO.
Explore related

See where Grove Collaborative, Inc. sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

Is this your company?

If you work at Grove Collaborative, Inc., claim this profile or suggest a correction. We aggregate from public filings, so help us keep your description, website and links accurate.

Is this your company? Update your profile or add contact details — and choose exactly who can reach you. Reviewed before anything is published.