Grovo, a NYC-based SaaS learning platform for today’s workforce, raised $40M in Series C funding.
The round was led by existing investor Accel with participation from Costanoa Venture Capital, SoftTech VC, and Greg Waldorf, as well as new investor Vayner Capital.
The company, which has raised $65m in funding, will use the funds to grow its core product offering, hire key executives and expand NYC headquarters.
Led by Jeff Fernandez, cofounder & CEO, Grovo provides a learning solution combining technology, engaging microlearning content, and hands-on advisory support to deliver learning at work from onboarding to leadership training. The solution features a training platform, 90-second video lessons, integrations that link Grovo with the full human capital management technology stack, and an advisory service that aligns learning strategy to business goals.
Founded in 2010, the company has delivered more than 9 million learning moments at organizations in over 190 countries.
Clients include WeWork, The Wyndham Hotel Group, the National Basketball Association, Capital One, Chevron, the Kansas City Chiefs, Pernod Ricard, and DDB Worldwide.