ROVER GROUP, INC.
Closed (deSPAC)Consumer Discretionary · online pet care marketplace
- What it is
- its platform, and its domestic and international market opportunity
- What it’s doing now
- Merging with Nebula Caravel Acquisition Corp. (NEBC) — closed (despac).
- What you should know
- The deal carries a $125M minimum-cash condition — heavy redemptions can break it.
The business, per its filings
SEC primaryits platform, and its domestic and international market opportunity. These forward-looking statements are subject to known and unknown risks, uncertainties and assumptions that could cause actual or results or performance to differ materially from those expressed or implied in the forward-looking statements. We strongly encourage you to review the information that Rover files with the SEC regarding specific risks and uncertainties, in particular, those that are described in the Risk Factors section of Rover's first quarter 2022 10-Q filed with the SEC on May 12th, 2022, and those that will be disclosed in our second quarter 2022 Form 10-Q. These forward-looking statements speak only as of today. Rover undertakes no obligation to update these statements to reflect subsequent events or circumstances, except as required by law. You should not place undue reliance on our forward-looking statements as they are not guarantees of future performance. Finally, during the course of today's call, we will discuss audited and unaudited GAAP and unaudited non-GAAP financial measures. We provide a reconciliation of the non-GAAP measures to the most comparable GAAP measure in the non-GAAP reconciliation supplement, which is posted under News & Events-Presentations on the Investor Relations section of our website. The non-GAAP financial measures provided should not be considered as a substitute for or superior to GAAP financial measures. Unless otherwise noted, we will compare all Q2 2022 metrics to Q2 2021 metrics in the call. And with that, let's get started. I'll turn the call over to Aaron Easterly, Co-Founder and CEO. Aaron? Aaron Easterly, Chief Executive Officer Thank you, Walter, and thank you everyone for joining us today. I will begin by discussing our high-level
Source: DEFM14A, accession 0001628280-24-001811
What the company says about itself
Web research — not audited[WEB-INTEL 2026-08-26] 2 finding(s) · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "The transaction reflects an implied pro-forma enterprise value for Rover of approximately $1.35 billion." [https://www.stblaw.com/about-us/news/view/2021/02/12/rover-and-nebula-caravel-acquisition-corp.-announce-$1.35-billion-merger] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Rover last raised $155 million in May 2018 at a post-money valuation of ..." [https://forgeglobal.com/rover_ipo/] [WEB-INTEL 2026-08-26] 2 finding(s) · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "The transaction reflects an implied pro-forma enterprise value for Rover of approximately $1.35 billion." [https://www.stblaw.com/about-us/news/view/2021/02/12/rover-and-nebula-caravel-acquisition-corp.-announce-$1.35-billion-merger] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Combined Company renamed Rover Group, Inc. and will trade on the Nasdaq Stock Exchange on August 2, 2021" [https://www.rover.com/blog/press-release/nebula-caravel-acquisition-corp-completes-business-combination-with-rover/]
Source: company web presence · marketing claims are reported as claims, never merged into the filed figures above.
The deal it’s entering
ROVER GROUP, INC. is merging with Nebula Caravel Acquisition Corp. (NEBC) currently marked Closed (deSPAC).
| Headline equity value | — |
| PIPE | ≈ $50M · unsourced |
| Minimum cash to close | $125M |
Structure per SEC accession(s) 0000950123-21-002084, 0001628280-24-001811. How to read these numbers: headline vs effective valuation · what a definitive agreement commits
What exactly is being valued, and at what
Common questions
Is ROVER GROUP, INC. going public?
ROVER GROUP, INC. has an approved merger with the SPAC Nebula Caravel Acquisition Corp. (NEBC). Deal status: Closed (deSPAC).
Does ROVER GROUP, INC. have revenue?
The filings we've parsed don't state a usable revenue figure yet; this profile is updated as new documents land.
Educational content, not investment advice.
- InoBat AS — with RENEF ($575M)
- Tianji Tire Global (Cayman) Limited — with EMCGF ($450M)
- BIG3 HoldCo — with TONT ($290M)
- Isdera Group Limited — with UYSC
- Amprius Technologies — with AMPX
- ALLIANCE ENTERTAINMENT HOLDING CORP — with ADRA
- TWCT — TWC Tech Holdings II Corp. · Closed (deSPAC)