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Venture Capital News: Grove Collaborative Secures $15M

2024-09-24
SAN FRANCISCO, CA, Grove Collaborative Holdings today announced a $15 million investment from Volition Capital, a leading growth equity firm.
Grove Collaborative, 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, a leading growth equity firm.

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.

Grove Collaborative is the one-stop online destination for sustainable everyday essentials. Driven by the belief that changing the world starts with what you bring into your home, Grove creates and curates household cleaning, personal care, health and wellness, laundry, clean beauty, baby, and pet care products from over 240 brands that help you Go Beyond Plastic. Everything Grove sells meets a higher standard - from ingredients to performance to packaging and environmental impact - so you get a great value without compromising your values. With Grove, you can see, track, and celebrate your sustainable choices.
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