
Grove
Findis the sweet spot between old-school financial advisors and chatbots.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor investor | €0.0 | round |
investor investor investor investor investor investor | €0.0 | round | |
N/A | €0.0 | round | |
investor | €0.0 | round | |
investor investor investor investor | €0.0 | round | |
$8.0m | Series A | ||
Total Funding | 000k |
USD | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|
Revenues | 0000 | 0000 | 0000 | 0000 |
% growth | - | 100 % | - | - |
EBITDA | 0000 | 0000 | 0000 | 0000 |
Profit | 0000 | 0000 | 0000 | 0000 |
EV | 0000 | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 | 0000 |
Source: Dealroom estimates
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Grove is a financial advisory company that aims to make financial advice accessible and affordable for everyone. The company operates in the financial services market, primarily targeting individuals who seek to reduce financial stress and plan for their future. Grove's business model revolves around providing online financial advice, leveraging technology and automation to scale its services. The company generates revenue through fees charged for its advisory services. Recently, Grove has joined forces with Wealthfront to further enhance its technology and automation capabilities, aiming to build a platform that helps millions of Americans optimize their financial well-being.
Keywords: financial advice, affordable, accessible, stress reduction, financial planning, technology, automation, Wealthfront, online services, revenue model.