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Company type | Private |
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Industry | Venture capital |
Founded | 2006 |
Headquarters | New York, New York, Los Angeles, California, San Francisco, California |
Number of employees | 60 |
Website | www |
Greycroft LP is an American venture capital firm. It manages over $3 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]
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]
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: