History
The company was founded in 2012 under the name ePantry by Stuart Landesberg, Chris Clark, and Jordan Savage. In 2016, it was rebranded as Grove. In April 2021, Grove began a brick-and-mortar partnership with nationwide retailer Target Corporation, which carries some of its products. At the end of 2021, Grove raised $436 million in capital. In December 2021, Grove Collaborative merged with a special-purpose acquisition company backed by Sir Richard Branson’s Virgin Group. The company laid off 17% of its workforce soon after the Virgin SPAC merger, to cut operating costs. In February 2022, former Burt's Bees executive John Replogle was appointed chairman of Grove Collaborative’s board of directors. She is the company’s first global brand and sustainability advocate. However, Q1 2022 revenue declined by 11% compared to Q1 2021. == References ==