Grove

About
What does Grove do?
Grove is an institutional-grade credit infrastructure protocol designed to serve as the liquidity engine of onchain finance. Its product, Grove Basin, offers programmable credit infrastructure to provide eligible investors with instant stablecoin liquidity for approved exits from tokenized offchain assets, with a committed daily liquidity of up to $1 billion.
What is Grove's revenue?
StartupHub estimates Grove's annual revenue at $66.5M (range $48.5M to $118.6M, 42% confidence), based on comparable companies in the sector.
What is Grove's valuation?
StartupHub estimates Grove's effective valuation at $839.1M (range $587.4M to $1.1B, 31% confidence), based on comparable companies in the sector.
How much funding has Grove raised?
Grove has raised a total of $16M in funding. The most recent round on record is Funding Round.
Where is Grove headquartered?
Grove is headquartered in Miami, Florida, USA.
When was Grove founded?
Grove was founded in 2018.
What industry does Grove operate in?
Grove operates in Fintech, Blockchain, Decentralized Finance (DeFi), Credit Infrastructure, Asset Management, Web3.
What is Grove's current status?
Grove's current operating status is: Inactive.
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