Greycroft Closes Over $1 Billion Across New Funds

Greycroft, a NYC-based seed-to-growth venture capital firm, closed more than $1 billion of capital commitments across new funds.

The two flagship vehicles, Greycroft Partners VII and Greycroft Growth IV, closed on over $980 million, enabling the firm to continue to invest in early and growth-stage enterprise and consumer businesses.

Led by Dana Settle and Ian Sigalow, Co-Founders and Managing Partners, Greycroft is a seed-to-growth venture capital firm that partners with entrepreneurs of all backgrounds to build category-defining companies. The firm focuses on investing in consumer, enterprise, health tech, and fintech sectors around the globe and work as a team to support and advise entrepreneurs, empowering them to execute on their visions.

Greycroft manages over $3 billion in capital raised. Since 2006, the firm has partnered with more than 250 portfolio companies, including Acorns, Arthur AI, Branch, Bumble, Fetch, Flutterwave, HealthVerity, Icertis, Scopely, Semrush, and Yeahka. Greycroft targets investments from $500K up to $50 million in early-stage and high-growth companies worldwide, with investments in 32 states across the U.S and 17 countries.

The firm recently announced the addition of Kevin Gasque as Chief Financial Officer and Chief Operations Officer. Kevin Gasque comes to Greycroft from The Carlyle Group and will be an integral part of the firm’s future as it seeks to invest in another round of promising companies globally.

FinSMEs

27/04/2023