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GroveStreet company logo
Private Equity
grovestreet.com

Investments

8

Portfolio Exits

6

Funds

25

Service Providers

2

About GroveStreet

GroveStreet is a private equity and venture capital investor that specializes in providing customized access for large institutional investors.

Headquarters Location

2221 Washington Street Building 1, Suite 201

Newton Lower Falls, Massachusetts, 02462,

United States

781.263.6100

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Latest GroveStreet News

The LA TechWatch Startup Daily Funding Report: 4/24/2023

Apr 24, 2023

Community – $25M Community, an SMS engagement connecting prominent individuals and organizations with their audiences, has raised $25M in venture funding from investors that include Salesforce Ventures, Verizon Ventures, Backstage Capital, HubSpot, WOCstar Fund, Pier 70 Ventures, Morgan Stanley Next Level Fund, and GroveStreet. Founded by Josh Rosenheck, Matthew Peltier, and Max Levine in 2014, Community has now raised a total of $65.2M in reported equity funding. The days of DIY APIs are done and gone – get on the GraphQL edge. Join Hasura at The Clancy in San Francisco on Thursday, May 4 to learn about the remarkable development and data access advantages of GraphQL. Our curated lineup of speakers and partners from AWS, Snowflake, and Yugabyte will share how data plus APIs power the modern enterprise. Use code AW100 to claim your complimentary ticket ($99 value) today. Morty – $2.185M Morty, a discovery platform for escape rooms and other immersive experiences, has raised $2.185M in funding according to a recent SEC filing. The filing indicates that the round comes from seven investors. Founded by Andy Bauch and Karlis Lapsins in 2021, Morty has now raised a total of $3.3M in reported equity funding. The LA TechWatch audience is driving progress and innovation on a global scale. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including strategic brand placement, lead generation, and thought leadership in front of an audience that comprises the vast majority of key decision-makers in the LA business community and beyond. Learn more about advertising to LA Tech, at scale .

GroveStreet Investments

8 Investments

GroveStreet has made 8 investments. Their latest investment was in Neurogesx as part of their Series B on January 1, 2002.

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GroveStreet Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

1/14/2002

Series B

Neurogesx

$22.86M

Yes

8/10/2001

Series C

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$99M

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0

10/24/2000

Series A

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$99M

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0

8/18/2000

Series B

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$99M

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0

8/18/2000

Series C

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$99M

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0

Date

1/14/2002

8/10/2001

10/24/2000

8/18/2000

8/18/2000

Round

Series B

Series C

Series A

Series B

Series C

Company

Neurogesx

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Amount

$22.86M

$99M

$99M

$99M

$99M

New?

Yes

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Co-Investors

Sources

0

0

0

0

GroveStreet Portfolio Exits

6 Portfolio Exits

GroveStreet has 6 portfolio exits. Their latest portfolio exit was Neurogesx on April 17, 2013.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

4/17/2013

Acq - P2P

$99M

1

2/9/2012

Acquired

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$99M

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0

9/22/2006

Acquired

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$99M

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0

9/1/2006

Asset Sale

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$99M

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0

4/19/2004

Acquired

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$99M

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0

Date

4/17/2013

2/9/2012

9/22/2006

9/1/2006

4/19/2004

Exit

Acq - P2P

Acquired

Acquired

Asset Sale

Acquired

Companies

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Valuation

$99M

$99M

$99M

$99M

$99M

Acquirer

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Sources

1

0

0

0

0

GroveStreet Fund History

25 Fund Histories

GroveStreet has 25 funds, including Keva III.

Closing Date

Fund

Fund Type

Status

Amount

Sources

12/31/2009

Keva III

Fund Of Funds

Closed

1

1/4/2004

GS Partners Ventures

Fund Of Funds

Closed

$150M

1

Finnish LGPI (Keva) I

Fund Of Funds

Closed

1

Missouri PERS I

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10

Oregon PERF III

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10

Closing Date

12/31/2009

1/4/2004

Fund

Keva III

GS Partners Ventures

Finnish LGPI (Keva) I

Missouri PERS I

Oregon PERF III

Fund Type

Fund Of Funds

Fund Of Funds

Fund Of Funds

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Status

Closed

Closed

Closed

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Amount

$150M

Sources

1

1

1

10

10

GroveStreet Service Providers

2 Service Providers

GroveStreet has 2 service provider relationships

Service Provider

Associated Rounds

Provider Type

Service Type

Counsel

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Service Provider

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Associated Rounds

Provider Type

Counsel

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Service Type

Partnership data by VentureSource

GroveStreet Team

11 Team Members

GroveStreet has 11 team members, including current Chief Financial Officer, Adam Blumenstein.

Name

Work History

Title

Status

Adam Blumenstein

Chief Financial Officer

Current

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Name

Adam Blumenstein

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Work History

Title

Chief Financial Officer

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Status

Current

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