Financials

Estimates*

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Revenues, earnings & profits over time
USD2019202020212022202320242025
Revenues233m364m384m322m259m211m224m
% growth-56 %5 %(16 %)(19 %)(19 %)6 %
EBITDA(157m)(62.5m)(125m)(140m)(21.5m)2.2m11.3m
% EBITDA margin(67 %)(17 %)(32 %)(43 %)(8 %)1 %5 %
Profit(161m)(72.3m)(136m)(87.7m)(43.2m)(28.0m)(16.3m)
% profit margin(69 %)(20 %)(35 %)(27 %)(17 %)(13 %)(7 %)
EV / revenue--1.3x-0.0x0.2x0.2x0.2x
EV / EBITDA---4.0x0.1x-2.0x19.1x3.7x
R&D budget13.6m18.7m23.4m22.5m16.4m--
R&D % of revenue6 %5 %6 %7 %6 %--
  • Edit
DateInvestorsAmountRound
-

N/A

-

$150m

Valuation: $850m

Series D

$125m

Valuation: $1.3b

5.7x EV/LTM Revenues

-8.4x EV/LTM EBITDA

Late VC
*

$87.0m

Valuation: $1.5b

4.1x EV/LTM Revenues

-24.0x EV/LTM EBITDA

SPAC Private Placement
*

$350m

Valuation: $1.5b

4.1x EV/LTM Revenues

-24.0x EV/LTM EBITDA

SPAC IPO
*

$10.0m

Private Placement VC
Total Funding€489m

Recent News about Grove Collaborative

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More about Grove Collaborativeinfo icon
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Grove Collaborative, Inc. is a pioneering company in the consumer packaged goods (CPG) industry, focusing on sustainability and environmental responsibility. Headquartered in San Francisco, Grove Collaborative transforms everyday home and personal care products into eco-friendly alternatives. The company serves environmentally-conscious consumers across the United States, providing them with natural and sustainable products that are good for their bodies, homes, and the planet.

Grove Collaborative operates in the online retail market, offering a subscription-based service that ensures customers receive regular deliveries of their favorite sustainable products. This replenishment model not only provides convenience but also fosters customer loyalty and recurring revenue. The company makes money primarily through the sale of its private label and branded products, which include household cleaners, personal care items, and other everyday essentials.

Grove Collaborative is committed to rigorous ethical standards and sustainability practices. The company conducts semi-announced audits on its private label brand suppliers and holds its branded suppliers to the same level of scrutiny. This ensures that all products meet high standards of environmental and social responsibility, including zero tolerance for human trafficking and slavery.

In summary, Grove Collaborative is a leader in the sustainable CPG market, offering a subscription-based service for eco-friendly home and personal care products. The company is dedicated to ethical sourcing and environmental stewardship, making it a trusted choice for consumers who prioritize sustainability.

Keywords: sustainability, eco-friendly, subscription-based, home care, personal care, ethical sourcing, environmental stewardship, online retail, natural products, recurring revenue.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.

Investments by Grove Collaborative

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DARBY SMART
ACQUISITION by Grove Collaborative Apr 2019