Asset Manager

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PeopleGrove

PeopleGrove is a asset manager based in San Francisco, founded 2015; the Altss profile covers its classification, headquarters, registration, AUM band, and key...

PeopleGrove

PeopleGrove is a trusted partner to higher education, promoting outcomes for prospective students, enrolled students, and alumni.

General information

Firm type

Asset Manager

Year founded

2015

AUM

Undisclosed

Location

Region

North America

Country

United States

City

San Francisco

Corporate office

San Francisco, CA, United States

Additional offices

Warwick, RI, United States · Mumbai, Maharashtra, India

Principals

Dawn Hiles

Chief Executive Officer

David Powell

Chief Financial Officer

Jason Langdon

Senior Vice President of Customer Service

Dustin Maines

Senior Vice President of Product & Engineering

Nick Ranieri

Senior Vice President of Technology

Sector focus

EducationEnterprise Software

Frequently asked questions

How does PeopleGrove monetize its user base?

PeopleGrove generates revenue through SaaS contracts with universities and higher-education programs. Institutions pay to license the platform for clinical-placement tracking, mentorship, alumni engagement, and career-readiness modules. The firm does not charge students directly; all monetization flows through institutional subscription agreements.

What was the outcome of the 2024 merger with CORE Higher Education Group?

The 2024 merger combined PeopleGrove's mentorship and alumni-engagement software with CORE's clinical-experiential-education and competency-tracking tools. In January 2025, the merged entity retired the CORE brand and unified all products under the PeopleGrove name, creating a single platform covering the full learner lifecycle from acceptance through alumni status.

Does PeopleGrove serve only US institutions?

PeopleGrove's primary institutional base is in the United States, where it cites 500+ partner institutions and 20M users. The firm lists a Mumbai, India office and references a 2021 global team expansion to over 100 employees, indicating some international operational or engineering presence, but all named university partners and case studies on its site are US-based.

Who runs investment and strategic decisions at PeopleGrove?

CEO Dawn Hiles leads the company following her 2024 appointment. The Riverside Company, which invested in both PeopleGrove and CORE Higher Education Group in 2022, holds a controlling stake and likely guides capital-allocation and M&A strategy. No other named investment principals are publicly disclosed.

How does PeopleGrove source companies for acquisition?

PeopleGrove has acquired adjacent higher-education SaaS platforms — Student Opportunity Center and PathwayU in 2023, and the merger with CORE in 2024 — to bolt on experiential-learning and career-exploration capabilities. The Riverside Company's buy-and-build expertise, cited for scaling other education-software holdings like Modern Campus, suggests a sponsor-driven roll-up strategy rather than organic product development alone.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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