Grove Collaborative Announces Investment From Humanco Along With Strategic Partnership
11/11/22, 2:16 PM
Location
san franciscoIndustry
retail
e commerce
Investors
Human Co Investments, Grove Collaborative Holdings, Inc.
Grove Collaborative Holdings, Inc. (NYSE: GROV) (“Grove” or “the Company”), a leading sustainable consumer products company and certified B CorpTM, today announced it has entered into a strategic partnership with HumanCo Investments, a subsidiary of HumanCo, the mission-driven health and wellness holding company co-founded by Jason H. Karp and Ross Berman. HumanCo and Grove are partnering with the intention of finding one or more scale, synergistic M&A opportunities which HumanCo would have an opportunity to fund with up to $100 million of new capital.
Company Info
Location
1770 union st.
san francisco, california, united states
Additional Info
Grove Collaborative Holdings, Inc. (NYSE: GROV) is the one-stop online destination for everyday essentials that create a healthier home and planet. Explore thousands of thoughtfully vetted products for every room and everyone in your home, including household cleaning, personal care, health and wellness, laundry, clean beauty, kitchen, pantry, kids, baby, pet care, and beyond. Everything Grove sells meets a higher standard — from health to sustainability and performance — so you get a great value without compromising your values. As a B Corp and Public Benefit Corporation, Grove goes beyond selling products: every order is carbon neutral, supports plastic waste cleanup initiatives, and lets you see and track the positive impact of your choices.