Grovo, the SaaS company reinventing learning for the modern workforce, today announced $40M in Series C funding led by existing investor Accel with participation from Costanoa Venture Capital, SoftTech VC, and Greg Waldorf, as well as new investor Vayner Capital. Grovo will use the funds to expand its core product offering and secure its position as the leader in workplace learning innovation. To support its explosive growth, the company also plans to invest in a round of key executive hires and an expanded NYC headquarters. The round comes a year after Grovo’s $15M Series B, also led by Accel, and brings Grovo’s total equity raised to $65M.
“Accel has deep experience funding [...]