User:Goodwork84/sandbox

Grovo
FoundedOctober 1, 2010; 15 years ago (2010-10-01)
Area servedGlobal
CEOJeff Fernandez
Industrylearning technology
URLwww.grovo.com

Grovo is a next-generation learning company that unites technology, educational content, integrations, and advisory support to elevate employee and organizational performance.[1]

Business Model

Grovo provides companies with a software-as-a-service learning solution.[2] The heart of Grovo’s approach is microlearning - 144-second video and audio lessons interspersed with short quizzes and practice assignments.[3] The model has been shown to reduce training time by up to 88 percent, with the average user completing 50 percent more training than assigned.[4] Grovo’s microlearning library covers topics including digital skills, soft skills, management training, and HR/compliance training. It includes 5,000 lessons, produced by the company and delivered on its learner platform. Simultaneously, trainers and managers have access to a Grovo dashboard with a suite of LMS tools and training analytics, as well as a client service team that aligns learning strategy to business goals.[5]

History

Grovo was founded in 2010 by cofounders Jeff Fernandez, Nick Narodny, and Surag Mungekar.[2] Originally, a consumer-focused company delivering bite-sized video training to close the digital skills gap,[6] businesses rapidly embraced its microlearning approach. Grovo shifted to a B2B SaaS model in early 2013 and expanded its mission to encompass everything employees need to learn to do their best work.[7] The shift drove Grovo's revenue to grow 20% month over month for the past two years.[8] Today, the company has delivered over 5 million learning moments at organizations across 190 countries.[1]

Investors and Funding

In May 2011 Grovo announced that it had closed its seed funding from Krishna “Kittu” Kolluri, general partner at New Enterprise Associates; Andy Dunn, CEO and Founder of Bonobos and Mareza Larizadeh of Larizadeh Capital Partners, and others.[9]

On July 17, 2013, Grovo announced a $5.5 million Series A round of venture capital funding.[10][11] Greg Waldorf, CEO-in-residence at Accel Partners and founding investor and former CEO of e-Harmony, led the financing, which also included Jeff Clavier of SoftTechVC, Greg Sands of CostanoaVC, and Andy Dunn of Red Swan Ventures. Greg Waldorf joined the Board of Directors.[12]

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.[2] The round closed on August 8, 2014. Accel's Sameer Gandhi joined Grovo's Board of Directors.

Awards and Recognition

In November 2014, Internet Week named Grovo the "Best Place to Work in New York City Tech." The company earned the highest overall score among 30 finalists. The awards recognize companies for creating workplace cultures and policies that are helping to make to make New York City one of the world’s top tech hubs.[13]

In 2015, CNN Money named Grovo one of the “30 Most Disruptive Upstarts,”[8] and Entrepreneur Magazine named the company one of the “Best Entrepreneurial Companies in America”[14] and one of the “Best Company Cultures in 2015.”[15] The company also went on to be named “New York Startup of the Year” by Tech.Co[16] and one of “NYC’s Hottest Startups” by Symmetry50,[17] as well as being listed on Crain’s New York’s Top 100 Best Places to Work 2015.[18] CEO Jeff Fernandez has spoken about the company's culture at events including SXSW,[19] NewCo Festival New York,[20] TEDx,[21] Internet Week,[22] and The Next Web Conference.[23]

Grovo’s educational content and technology has been recognized with awards from Chief Learning Officer, Training Industry, and the ATD. Grovo was named one of the top learning management systems of 2015 by PCMagazine.[5]

Customers

Grovo’s clients include Capital One, Major League Baseball, Return Path, Compass, Chop't Creative Salad Company, the Kansas City Chiefs, Sotheby’s International Realty, Pitney Bowes, The Ritz-Carlton, Arizona State University, Chevron, DDB Worldwide, Equinox, Coldwell Banker, Pernod Ricard, MediaMath, Saatchi & Saatchi, California Community Colleges and other organizations.[24]

  1. ^ a b "Grovo Expands Platform Capabilities with New Features to Support Progressive Learning Programs at Scale". Reuters.com. Reuters. Retrieved 10 December 2015.
  2. ^ a b c Ha, Anthony. "Grovo Raises $15M More To Help Businesses Train Their Employees With Bite-Sized Videos". TechCrunch.com. TechCrunch. Retrieved 18 February 2015.
  3. ^ Malamed, Connie. "Is Microlearning the Solution You Need?". Thelearningcoach.com. The Learning Coach. Retrieved 6 January 2016.
  4. ^ Toren, Adam. "6 Cloud-Based Learning Platforms That Can Help Educate Your Workforce". Entrepreneur.com. Entrepreneur Magazine. Retrieved 6 October 2015.
  5. ^ a b Fenton, William. "Grovo Editor Rating: Excellent". PCMag.com. PC Magazine. Retrieved 30 June 2015. {{cite web}}: Cite has empty unknown parameter: |1= (help)
  6. ^ Hardawar, Devindra. "Online training site Grovo launches to help you demystify the Web". VentureBeat. VentureBeat. Retrieved 20 October 2010.
  7. ^ Brandon, John. "Grovo's Incredible Growth". thedemoblog.com. Demo. Retrieved 2 February 2015.
  8. ^ a b O'Brien, Sara. "Upstart 30: The Idealists". CNNMoney. CNN Money. Retrieved 24 June 2015.
  9. ^ Empson, Rip. "Grovo: Video Training Platform Grabs Funding To Help Startups Educate Their Users". TechCrunch. TechCrunch. Retrieved 3 May 2011.
  10. ^ "Grovo Raises $5.5M Series A to Teach Techie Skills". Edsurge. Edsurge. Retrieved 18 Jul 2013. {{cite web}}: Cite has empty unknown parameter: |1= (help)
  11. ^ Goode, Lauren. "Grovo, a "How-To" Video Company for Web Services and Apps, Raises $5.5 Million in Funding". All Things Digital. Wall Street Journal. Retrieved 17 July 2013. {{cite web}}: Cite has empty unknown parameter: |1= (help)
  12. ^ "Grovo Lands $5.5M Series A to Accelerate RealTime Internet Training". Yahoo! Finance. Yahoo!. Retrieved 17 July 2013.
  13. ^ Chang, Jenny. "Internet Week Names Grovo As Best Place To Work In New York City Tech Industry". Internet Week. Internet Week. Retrieved 20 November 2014.
  14. ^ Staff, Entepreneur. "The Success Secrets That Helped the 'Best Practicers' Land on the Entrepreneur360". Entrepreneur.com. Entrepreneur Magazine. Retrieved 7 October 2015.
  15. ^ Staff, Entrepreneur. "The 25 Best Large-Company Cultures in 2015". Entrepreneur.com. Entrepreneur Magazine. Retrieved 4 November 2015.
  16. ^ Diab, Ann. "Here Are This Year's Tech.Co Startup of the Year Online Competition Semifinalists". Tech.co. Tech.co. Retrieved 1 September 2015.
  17. ^ "The 34 Hottest Startups in NYC". Symmetry50. Symmetry50. Retrieved 5 January 2016.
  18. ^ "Best Places to Work 2015". Crain's New York. Crain's. Retrieved 6 January 2016.
  19. ^ "The Millennials: Empowering a Modern Workforce". SXSW. SXSW. Retrieved 14 March 2015.
  20. ^ "The Best Place to Work in NYC Tech". NewCo New York. NewCo. Retrieved 13 May 2015.
  21. ^ "Learning in a Wired World". YouTube. TEDx. Retrieved 13 August 2015.
  22. ^ "Icon_close_popup The Workplace Experience: Inspiring Talent Today and Tomorrow". Internet Week. Internet Week. Retrieved 10 May 2015.
  23. ^ "The Next Web Conference Speakers". The Next Web. The Next Web. Retrieved 18 November 2015.
  24. ^ "Grovo Adds 200 Clients and Hits 3 Million Training Videos Assigned as Microlearning Goes Mainstream". Reuters. Reuters. Retrieved 29 July 2015.

Content Disclaimer

Informasi ini disarikan dari Wikipedia dan disajikan kembali untuk tujuan edukasi. Konten tersedia di bawah lisensi CC BY-SA 3.0. Kami tidak bertanggung jawab atas ketidakakuratan data yang bersumber dari kontribusi publik tersebut.

  1. The information displayed on this website is sourced in part or in whole from Wikipedia and has been adapted for the purpose of restating it. We strive to provide accurate and relevant information, however:
  2. There is no guarantee of absolute accuracy. Wikipedia is an open, collaborative project that can be edited by anyone, so information is subject to change.
  3. It is not intended to constitute professional advice. The content displayed is for informational and educational purposes only. For important decisions (e.g., medical, legal, or financial), please consult a professional.
  4. Content copyright. Wikipedia is licensed under the Creative Commons Attribution-ShareAlike License (CC BY-SA). This means that content may be reused with appropriate attribution and shared under a similar license.
  5. Responsible use. Any risk arising from the use of information from this website is entirely the responsibility of the user.