Grove Collaborative Announces $15M PIPE Investment from Volition Capital
Grove Collaborative Holdings, Inc. Class A (GROV)
Company Research
Source: Business Wire
SAN FRANCISCO--(BUSINESS WIRE)--Grove Collaborative Holdings, Inc. (NYSE: GROV) (“Grove” or the “Company”), the world’s first plastic neutral retailer, a leading sustainable consumer products company, certified B Corporation, and Public Benefit Corporation, today announced a $15 million investment from Volition Capital (“Volition”), a leading growth equity firm.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240923503642/en/Grove Collaborative is the one-stop online destination for sustainable everyday essentials. (Photo: Business Wire)Volition previously invested $10 million in Grove by purchasing Series A Convertible Preferred Stock in August of 2023, bringing their total investment in the Company to $25 million. The investment was led by Larry Cheng, managing partner and co-founder of Volition and a member of Grove’s Board of Directors. Mr. Cheng most notably led Volition’s early investment in online pet supply retail
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- Daily Harvest Invests in Industry-Leading Tech Stack with Shopify, Ordergroove and Klaviyo to Power Future Growth and Innovative Customer Experience [Yahoo! Finance]Yahoo! Finance
- Grove Collaborative Holdings, Inc. (NYSE: GROV) had its "outperform" rating re-affirmed by analysts at Telsey Advisory Group. They now have a $2.00 price target on the stock.MarketBeat
- Grove Collaborative Holdings Inc (GROV) Q3 2024 Earnings Call Highlights: Navigating Challenges ... [Yahoo! Finance]Yahoo! Finance
- Grove Announces Third Quarter 2024 Financial ResultsBusiness Wire
- Grove to Report Second Quarter 2024 Financial Results on November 12, 2024Business Wire
GROV
Sec Filings
- 11/20/24 - Form 4
- 11/19/24 - Form 4
- 11/19/24 - Form 4
- GROV's page on the SEC website