Greycroft

Last updated

Greycroft LP
Company type Private
Industry Venture capital
Founded2006
Headquarters New York, New York, Los Angeles, California, San Francisco, California
Number of employees
60
Website www.greycroft.com

Greycroft LP is an American venture capital firm. It manages over $2 billion in capital with investments in companies such as Bird, Bumble, HuffPost, Goop, Scopely, The RealReal, and Venmo. [1] [2] [3] Greycroft was founded in 2006 by Alan Patricof, Dana Settle, and Ian Sigalow. [4] The firm is headquartered in New York City, Los Angeles, and the San Francisco Bay Area. [5]

Contents

History

Greycroft was co-founded in 2006 by venture capitalist Alan Patricof, [6] who previously founded Apax Partners, a European private equity group with $50 billion under management. [7] [8]

Greycroft raised its first fund (Greycroft I) with $75 million of investor commitments in 2006, [9] Greycroft II with $131 million in 2010, [9] Greycroft III with $175 million fund in 2015, [10] Greycroft IV with $200 million in 2018, [11] Greycroft V with $250 million in 2018, [12] and Greycroft VI with $310 million in 2020. [13] In 2014, Greycroft raised its first growth fund, Greycroft Growth, with $200 million. [14]

Greycroft raised Greycroft Growth II fund with $250 million in 2017. [15] Greycroft raised Greycroft Growth III, a $368 million growth fund in 2020. [16] [17] The firm raised over $1B in new funds in 2023 for Greycroft Partners VII and Greycroft Growth IV [18] .

Its recent investments include Stability AI, [19] Contextual AI, [20] and Reken. [21]

Investments

Greycroft has invested in over 300 companies located in 45 cities internationally, with the majority of these companies headquartered in the United States. [22]

The firm's notable investments include:

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References

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