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Valuation

$6M

2021 Revenue

$2M

Customers

1.1K

Funding

$0

Avg ACV

$1.8K

Team

24

Founded

2010

How Grovo CEO Jeff Fernandez grew to $2M revenue and 1.1K customers in 2021.

Provider of learning management platform designed to be used for employee training and development. The company's platform provides a library that includes video lessons on professional topics including soft skills, management, digital tools and more, enabling employers to continuously teach their employees the skills to perform better.

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Grovo Revenue

In 2021, Grovo's revenue reached $2M. Since its launch in 2010, Grovo has shown consistent revenue growth.

Grovo Revenue GrowthReported revenue / ARR over time$0$500K$1M$2M$2M$3M2010201220142016201820202021$0$2MSource: GetLatka.com
YearMilestoneQuote
2021Grovo Hit $2m revenue in April 2021
2010Launched with $0 revenue

Grovo Valuation, Funding Rounds

Grovo's most recent disclosed valuation is $6M.

Grovo is a bootstrapped Corporate Learning Management Systems startup. Founded in 2010, Grovo has grown to $2M in revenue without raising any venture capital or outside funding.

As a self-funded Corporate Learning Management Systems SaaS company, Grovo has built its business with no outside investment.

Grovo Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$0.2$0.4$0.4$0.6$0.6$0.8$0.8$1$12010Source: GetLatka.com
YearRoundAmountValuation% SoldQuote

Founder / CEO

Jeff Fernandez

Jeff Fernandez is listed as Founder / CEO at Grovo.

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Customers

Grovo serves 1.1K customers.

Grovo Employees & Team Size

Grovo employs approximately 24 people as of 2026, including 1 sales reps that carry a quota. It serves 1.1K customers that rely on its solutions.

Grovo Team GrowthReported headcount over time06121824302010201220142016201820202021002424Source: GetLatka.com
YearMilestone
2021Reached 24 employees (April 2021)

Frequently Asked Questions about Grovo

What is Grovo's revenue?

Grovo generates $2M in revenue.

Who founded Grovo?

Grovo was founded by Jeff Fernandez.

Who is the CEO of Grovo?

The CEO of Grovo is Jeff Fernandez.

How much funding does Grovo have?

Grovo raised $0.

How many employees does Grovo have?

Grovo has 24 employees.

Where is Grovo headquarters?

Grovo is headquartered in Germany.

Compare Grovo to the industry

Grovo operates across multiple industries. Browse revenue, funding, and growth data for Grovo in each sector below.

Data and Sources

All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.

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Grovo Revenue 2021: $2M ARR, $6M Valuation