Weekly Round Up: 11/25/20

At Greenspring we believe in venture capital's ability to propel innovation, job creation and positive societal change. We celebrate those who think differently, take measured risk and challenge perceptions. Here's what's trending in VC this week:

💬Join Greenspring CFO Lindsay Redfield and other industry leaders on December 8th for the VC StratComm Summit presented by the National Venture Capital Association. Lindsay will be discussing how VC professionals can better communicate and measure DE&I messaging as well as Greenspring’s take on this topic! Register here.

🌳Join Arvind Gupta, Partner at Greenspring primary manager Mayfield Fund, and other industry experts for a conversation on how VC can promote human and planetary evolution through effective investment in Climate Tech Solutions. Register here to join the event taking place on 12/2 at 3PM EST here. 

Big congrats to network performance monitoring leader Flowmill and the team at Greenspring primary manager Amplify on the company’s acquisition by Splunk! Read more here.

Friday.app, a remote work tool, has raised $2.1 million in seed financing led by Greenspring primary manager Bessemer Venture Partners. Read more here. 

Mobile banking app Current, backed by Greenspring primary manager Foundation, has raised $131 million in Series C financing after doubling its member base in less than six months. Founded with the belief that banking should be accessible and affordable for everyone, Current brings premium financial services to people with a variety of modern lifestyles to help improve their financial outcomes. Read more here. 

“It’s the role VCs can play in helping those dreams come true, including corporate social responsibility, maybe in helping kickstart some of these key incubation centers that are going on [outside of Silicon Valley], and putting a little bit more money there for startups so it is an inclusive type approach.” Check out the latest episode of Conscious VC, a podcast by Greenspring primary manager Mayfield, where Navin Chadda, Author Christopher Lochhead and Cisco Chairman Emeritus John Chambers discuss building a better business, the future of Silicon Valley and more. Listen here.

“In order to drive growth, you need to be data-driven and relentlessly creative. The difficult part of implementing growth in your company is finding someone who is good at both.” Listen to the most recent episode of The NFX podcast featuring NFX General Partner James Currier and thought leader Sean Ellis here.

“Exceptional Founders see what others do not and are unafraid to go in that direction.” Read more from General Partner James Currier at Greenspring primary manager NFX, who unpacks the unusual signs of a billion-dollar company at the early stages here.  

Robots in the construction site? Meet Obvious Ventures-backed Canvas, a company that uses AI to install drywall. Canvas is working to perfect these machines with plans to expand into the painting and spray-on insulation areas of construction. Read more about their robots here.

“Disruption breeds innovation, and innovation is what venture invests in.” Greenspring General Partner, Hunter Somerville talks key themes and trends that are giving investors a mainline to the innovation economy here. 

Our #JobOfTheWeek this week is from Informatica, which develops enterprise data integration software for various industries, backed by Greenspring primary manager Lightspeed Venture Partners. Informatica is looking to hire a Software Engineer to deliver new products and product features in order to benefit customers. Sound like something of interest? Apply here.

The content here is for informational purposes only and should NOT be taken as legal, business, tax, or investment advice. It does NOT constitute an offer or solicitation to purchase any investment or a recommendation to buy or sell a security. In fact, the content is not directed to any investor or potential investor and may not be used to evaluate or make any investment.