Traction Watch: Grovo is growing 20 percent per month
John Brandon |
March 19, 2015
With a name like Grovo, you'd expect some serious growth numbers.The micro-training platform uses 60-second videos to help large corporations teach employees new skills. For the past 17 months, the company has grown 20% in revenues month-on-month. That comes to nearly 800% annualized growth!
This year, the company plans to add more sales managers and focus on new customer acquisition. It will be interesting to see how their decision making leads to even more growth. Someday, they could become one of those Fortune 500s they've been targeting.