Grovo is a New York City-based company established in 2010 by Jeff Fernandez, Nick Narodny, and Surag Mungekar that develops a software-as-a-service (SaaS) platform focused on microlearning, to allow users to create, manage, and distribute educational content.
[1] Grovo refers to its approach as microlearning, delivering 144-second video and audio lessons interspersed with short quizzes and practice assignments.
[9][10] Greg Waldorf, CEO-in-residence at Accel Partners, who was also a founding investor and former CEO of eHarmony, led the financing, which also included Jeff Clavier of SoftTech VC, Greg Sands of Costanoa Venture Capital, and Andy Dunn of Red Swan Ventures.
[11] On February 18, 2015, Grovo announced a $15 million Series B round from existing investors Accel Partners, Costanoa Venture Capital, Greg Waldorf, and SoftTech VC.
In January 2016, Grovo secured $40 million in a Series C funding round led by Accel Partners.