Tech Company M&A Transactions
Grove Acquisition
Headquartered in San Francisco, Grove was acquired by Wealthfront. The companies did not announce specifics regarding acquisition price or deal terms.
Transaction Overview
Company Name
Acquired By
Announced On
8/26/2019
Transaction Type
M&A
Amount
Unknown
M&A Terms
The team will be joining Wealthfront to accelerate the latter's efforts to deliver Self-Driving Money�, the new service whose vision is to allow clients to optimize money, deposit paycheck into the company's account with technology handling the rest, ensuring that bills are paid, the right amount of money is in emergency fund and contributing to the most appropriate investment accounts to achieve specific goals. Financial terms of the transaction were not disclosed.
Company Information
Company Status
Acquired or Merged
Industry
FinTech
Mailing Address
487 Bryant St. 3rd Floor 407
San Francisco, CA 94107
USA
San Francisco, CA 94107
USA
Phone
Undisclosed
Website
Email Address
Overview
Grove provides tools to empower people to make decisions about their money through a combination of human advisors and technology.
Management Team
Title
Name
Email & Social
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Where The Data Comes From
We do our best to record all VC transactions involving tech companies. VC investment data records reported here come from a variety of public sources. The information is sourced from VentureDeal.com, an affiliated venture.
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