Greycroft Raises Over $1 Billion to Support the Next Generation of Category-Defining Companies

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Greycroft, a seed-to-growth venture capital firm that invests in entrepreneurs who create category-defining businesses, announced today the closing of more than $1 billion in funding commitments across new funds. Greycroft Partners VII and Greycroft Growth IV, the firm’s two flagship vehicles, closed on nearly $980 million, allowing the firm to continue investing in early and growth-stage enterprise and consumer enterprises.

Greycroft is expanding and has recently announced the appointment of Kevin Gasque as Chief Financial Officer and Chief Operations Officer. Kevin Gasque joins Greycroft from The Carlyle Group and will play an important role in the firm’s future as it tries to invest in a new round of potential firms around the world.

Greycroft has a proven track record of identifying and investing in cutting-edge firms in industries such as consumer Internet, enterprise software, financial services, and healthcare. Since 2006, the firm’s financial commitments have increased from $75 million to $3 billion, and it has collaborated with over 250 portfolio firms, including Acorns, Arthur AI, Branch, Bumble, Fetch, Flutterwave, HealthVerity, Icertis, Scopely, Semrush, and Yeahka.

Greycroft is a seed-to-growth venture capital firm that works with entrepreneurs from all walks of life to create category-defining businesses. We have extensive expertise investing in the consumer, enterprise, health tech, and fintech sectors around the world, and we operate as a team to support and advise entrepreneurs, enabling them to carry out their goals. Greycroft has raised over $3 billion in capital and made over 400 investments since its founding.

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