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Grove (finance company)

Grove (finance company)

Grove is a company that offers personal financial services.

OverviewStructured DataIssuesContributors

Contents

hellogrove.com
Is a
Organization
Organization
Company
Company

Company attributes

Industry
Personal finance
Personal finance
Financial services
Financial services
Insurance Technology
Insurance Technology
Financial technology
Financial technology
Technology
Technology
Finance
Finance
Location
United States
United States
San Francisco
San Francisco
B2X
B2C
B2C
CEO
‌
Chris Hutchins
Founder
‌
Chris Hutchins
‌
Chris Doyle
AngelList URL
angel.co/hellogrove
Pitchbook URL
pitchbook.com/profiles...225716-59
Accelerator
Plug and Play
Plug and Play
Accelerator Batch
Plug and Play Insurtech Batch 6
Plug and Play Insurtech Batch 6
Plug and Play Fintech Batch 8
Plug and Play Fintech Batch 8
Number of Employees (Ranges)
11 – 50
Email Address
contact@hellogrove.com
Full Address
487 Bryant Street, 3rd Floor, San Francisco, CA 94107, US0
Investors
Defy Ventures
Defy Ventures
Next Play Capital
Next Play Capital
Bullish
Bullish
500 Global
500 Global
Founded Date
2015
0
Total Funding Amount (USD)
10,100,000
Latest Funding Round Date
June 2018
Business Model
Subscription
Latest Funding Type
Series A
Series A
Wellfound ID
hellogrove

Other attributes

Company Operating Status
Active
Funding Round Investor
500 Global
500 Global

Grove is a company that primarily provides planning and advice for financial purposes. The company was founded by Chris Doyle and Chris Hutchins in 2015, in San Francisco, California, United States.

The company offers customers a financial personal trainer which is there to create a plan the client can work with. The company also created their own proprietary software to assist their Certified Financial Planners in order to reduce the price of their financial advice. Grove's platform is set at $65 for the monthly subscription, and comes with a $560 for a one-time setup fee.

Users are also able to set up portfolio management with Grove Invest that holds a cost of 0.25% on balances above $100,000. Couples who use Grove are able to pay a single subscription fee and every user has a dedicated Certified Financial Planner. The company doesn't offer in-person meetings.

Grove was acquired by Wealthfront in order to build Self-Driving Money to assist their customers.

Timeline

No Timeline data yet.

Funding Rounds

Products

Acquisitions

SBIR/STTR Awards

Patents

Further Resources

Title
Author
Link
Type
Date

Grove

https://hellogrove.com

Web

Grove - Funding, Financials, Valuation & Investors

https://www.crunchbase.com/organization/grove-5/company_financials

Web

Grove Financial Planning Review 2019: Pros, Cons & How It Compares

Dayana Yochim

https://www.nerdwallet.com/reviews/investing/advisors/grove-review

Web

June 28, 2019

References

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