Grove AI
Latest round
- Seed
Last raised
- Jan 2025
Total raised
- $4.9M
Investors
- 5
About Grove AI
Founded in 2024 and based in California, US, Grove AI, Inc. is focused on developing AI-driven solutions for clinical trial participant engagement. Sohit Gatiganti and Trân Lê are the co-founders of the company., portfolio company of Kleiner Perkins, General Catalyst Partners, Greycroft, Andreessen Horowitz, SV Angel, CapitalG, Avenir Growth Capital, and NVentures acquired Grove AI, Inc.Upfront, Pear VC, Afore Capital, LifeX Ventures, and A-Star Partners. Financial terms were not disclosed. Grove AI specializes in providing data-driven artificial intelligence solutions aimed at enhancing the recruitment and engagement of participants in clinical trials. The company’s primary product, Grace, operates around the clock to facilitate participant interactions, streamline appointment scheduling, and improve operational efficiency within clinical research settings. The system qualifies candidates by analyzing a vast database of leads, ensuring that only the most suitable participants are connected to relevant trials. By focusing on optimizing participant relationships, Grove AI addresses challenges in clinical trial recruitment and retention, aiming to increase screening pass rates and improve participant engagement across diverse populations. The company’s revenue model is primarily based on subscription and partnership agreements with clinical research organizations and sites. These partnerships entail the integration of their AI-driven services into existing trial frameworks, allowing for streamlined participant recruitment and engagement. The company generates revenue through transaction structures that may include tiered subscription plans based on the number of active trials and the services utilized, such as automated participant outreach and onboarding. The January 2026 acquisition will enable Hippocratic AI, Inc. to enhance its patient and clinical engagement abilities by bringing Grove AI’s technology and team into its life sciences division.
Who invested in Grove AI
5 investors across 1 round
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Funding rounds
Seed
Jan 7, 2025
Amount
$4.9M
Investors
Questions about Grove AI
Who invested in Grove AI?
Grove AI has 5 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Grove AI raised?
Grove AI has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Grove AI last raise money?
Grove AI's most recent round on record is a Seed, in Jan 2025.
What does Grove AI do?
Founded in 2024 and based in California, US, Grove AI, Inc.
Where is Grove AI headquartered?
Grove AI is headquartered in San Francisco, US.
Which VCs invest in companies like Grove AI?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Grove AI's stage. Their profiles are linked below.
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