Grovia

Grovia

Acquired
grovia.io·United States·Updated Feb 26, 2024

Tech-enabled affiliate recruitment service that helped e-commerce and SaaS companies build and manage affiliate programs.

MarketingAgency

Est. Valuation

$15M

$15,000,000 · 5× ARR estimate

Monthly Revenue (MRR)

$250K

$250,000/mo

Annual Revenue (ARR)

$3M

$3,000,000/yr

Employees

26

Founded

2020

Grovia Revenue History

Revenue history for Grovia from 2024 to 2026.

YearMRRARRYoY GrowthSource
2024$250,000$3,000,000Feb 2024

How Grovia Makes Money

services

Grovia Funding

Grovia is fully bootstrapped with no outside funding. The company has grown to $3,000,000 ARR organically.

Grovia Founders

Ian Brodie

CEO

Rob Schab

Co-founder

Spencer McKenney

CTO

Grovia FAQ

How much does Grovia make?
Grovia generates $250,000 in monthly recurring revenue (MRR), which is $3,000,000 annualized (ARR). This revenue figure is self-reported by the founder.
What is Grovia's valuation?
Grovia's estimated valuation is $15,000,000, calculated as a 5× multiple of its annual recurring revenue (a standard SaaS benchmark for unverified companies).
Who founded Grovia?
Grovia was founded in 2020 by Ian Brodie (CEO), Rob Schab (Co-founder), Spencer McKenney (CTO). The company is based in US.
Is Grovia bootstrapped?
Yes, Grovia is fully bootstrapped with no outside funding. The company has grown to $3,000,000 ARR organically.
What does Grovia do?
Tech-enabled affiliate recruitment service that helped e-commerce and SaaS companies build and manage affiliate programs. Grovia operates in the Marketing, Agency space.

How We Estimate Grovia's Revenue & Valuation

Profitable tracks revenue, valuation, and other key metrics for thousands of companies using a layered confidence model. Each revenue figure on this page is tagged with one of three confidence levels:

  • Verified — directly confirmed via Stripe integration or audited filings.
  • Self-reported — numbers publicly shared by the founder on X, blog posts, or interviews.
  • Estimated — derived from publicly available signals (traffic, employee count, pricing, comparables).

Valuation follows a hierarchy: public companies use the live market cap; private companies with disclosed funding rounds use the last reported valuation; otherwise we apply a conservative 5× ARR multiple as an estimate. Multiples vary by business model — SaaS typically sits 5–7×, profitable bootstrapped operations 3–5×, consumer brands 1–3×, marketplaces 8–12×.

These are estimates, not official figures. Official numbers — when available — will always override estimates.