Amount Raised
$175 Million
Round Type
Funding Round
St. PetersburgHealth CareFitnessWellnessDescription
Growve today announced $175 million in funding from multiple syndication partners to fuel further acquisitions of omnichannel natural wellness & body care brands. The successful and oversubscribed closing of this new credit facility follows Growve's announcement of a minority equity investment from Palm Beach Capital and signals the Company's rapid ascent as a top brand aggregator and leader in the fast-evolving e-commerce marketplace. The expanded banking syndicate has the capacity to facilitate Growve's aggressive growth trajectory and is comprised of Truist Bank, Compeer Financial, Wells Fargo, N.A., First Horizon Bank, JP Morgan Chase & Co., Synovus Bank, South State Bank, N.A., Atlantic Capital Bank, N.A., HSBC Bank USA, N.A. and Seaside Bank and Trust, a division of United Community Bank.
Quick answer
Growve raised $175 Million in a Funding Round round, dated May 27, 2021. Growve is based in St. Petersburg, Florida, United States.
- How much did Growve raise?
- Growve raised $175 Million in a Funding Round round on May 27, 2021.
- What does Growve do?
- Growve is a health and wellness consumer products company based in St. Petersburg, FL, specializing in vitamins, minerals, supplements (VMS), and active nutrition.
- Where is Growve based and how big is it?
- Growve is based in St. Petersburg, Florida, United States.
- Who are the decision-makers at Growve?
- Fundz holds 1 contact at Growve. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Fitness and Wellness around the same time
Companies in the same sectors as Growve that raised within 45 days of this round, from Fundz verified event records.
- The Beachbody Company raised an undisclosed amount on June 17, 2021.
- DarioHealth raised $24M on June 17, 2021.
- Pee Safe raised $3.3M (Seed) on June 10, 2021.
- Noom raised $540M (Funding Round) on May 25, 2021.
- Open Book Extracts raised $9.2M on May 7, 2021.
- SOBRsafe raised $1.3M (Seed) on April 30, 2021.
Who to call at Growve, and when
A new round usually means Growve is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Growve raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Growve, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at Growve. With Fundz connected, it knows.
AI made execution free. Knowing first is the whole game now.
Fundz sees it the moment Growve raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Growve raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
5 screens from a live account. No signup.