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:

1-Aug-27-2020-12-37-19-80-PM

Accel_(Partners)_2015_logo (1)

Accel-backed Zenoti, a startup that develops services for the spa and salon industry, has raised $160 million in Series D financing. Read more about their journey to unicorn status here.

bedrock-6

We are pleased to announce our participation in Epirus’s $70 million Series B financing round led by Greenspring manager Bedrock Capital. The company designs and builds directed energy systems for the defense and commercial sectors and will use this round to expand beyond countering threats from unmanned aerial systems. Read more here

bvp-1

“A new wave of entrepreneurship is about to crest. The technologies and tools that support every facet of small businesses and solopreneurship will fuel economic growth and opportunity.” Check out Greenspring manager Bessemer Venture Partners’ recent roadmap on enabling entrepreneurship for more on what they are calling “the rebirth of the American Dream” here

Contractbook, an end-to-end contract lifecycle management platform, has raised $9.4 million in Series A financing led by Greenspring manager Bessemer Venture Partners. Check out their winning (13-page!) pitch deck here

“Just as the Internet, mobile, and cloud gave rise to new innovation across consumer and enterprise technology, we believe audio will fundamentally change how people connect and businesses operate.” What makes sound so special when it comes to business operations? Read more in Bessemer Venture Partners newest blog post here

“Truly category-defining companies are often built during periods of uncertainty.” Look back on 2020 with Greenspring manager Bessemer Venture Partners' Year in Review here.

Cargo One, a digital booking platform for air cargo, has raised $42 million in Series B financing led by Greenspring manager Bessemer Venture Partners. This financing round will help Cargo One meet the growing demand for distribution resulting from increased e-commerce sales and distribution requirements for the COVID-19 vaccine. Read more here

craft

Workplace software company ClickUp, which has seen accelerated growth as a result of remote work during the pandemic, has raised $100 million in new financing with participation from Greenspring manager Craft Ventures. Craft Ventures co-founder David Sacks described ClickUp as a “single productivity platform to rule them all.” Read more here

felicis-flat-simple-web

Modern Health, a mental health platform that compliments a company’s typical health plan, has raised $51 million in Series C financing with participation from Greenspring manager Felicis Ventures. Read more here

Lightspeed Venture Partners

“When I was younger I thought you could only start a company if it was a burning passion area. While an important ingredient, passion is not always sufficient.” What are the different ideas behind starting a company that founders often toy with? Mercedes Bent, partner at Greenspring manager Lightspeed Venture Partners, discusses this and more in her recent blog post here

logicgateWe couldn’t be more excited about doubling down on our partnership with LogicGate. Such an impressive team who do things the right way - with integrity and passion and a great culture to boot. Their product offering and growth plan is truly exciting, and we are honored to be a more meaningful partner in the company’s next phase. Read more here.

Mayfield_print_colorA Year of Appreciation, Conscious Capital, & Resilience: Join Greenspring manager Mayfield Fund as they look back at 2020 and to the year ahead here

nfx-Sep-25-2020-04-33-46-20-PM

How do you build a world class team? Read more for insider tips from Pete Flint, serial entrepreneur, Trulia founder and GP at Greenspring manager NFX here.

Investment team email (5)

BigID, a data intelligence and privacy platform, has raised $70 million in Series D financing with participation from Greenspring managers Scale Venture PartnersBessemer Venture Partners and boldstart ventures. Read more here.

2-Aug-27-2020-12-37-19-93-PM

Recently, the Portfolio Impact Team here at Greenspring co-hosted the 8th installment of Brand Fusion, an event that highlights leading-edge marketing startups relevant to brand marketers. The event had 33 participants, including large brands such as NestléKrogerThe Clorox Company, & Brown & Foreman. Presenting companies included: Salsify (Underscore VC & GA), Commerce Layer (Benchmark), Chatdesk (Fika Ventures), Tundra (Redpoint Ventures), Kustomer (boldstart ventures & Redpoint Ventures), Superside (High Alpha) & Frameplay. Check out highlights from the event here

PI

Looking for holiday gifts for your loved ones? Check out our round up of Greenspring’s favorite venture-backed holiday gifts here

Blog Headers-2

Newsletter Headers (1)

Lightspeed Venture Partners

Our portfolio company featured #JobOfTheWeek this week is from LawGeex, a recognized leader in the LegalTech industry, backed by Greenspring manager Aleph. LawGeex is looking to hire an Account Executive with experience selling tech to guide leads through the sales pipeline. Sound like something of interest? Apply here

underscore (1)

Our manager featured #JobOfTheWeek this week is from Underscore VC, who is looking to hire a new Investing Partner. They are looking for someone who loves working with entrepreneurs and wants to support them with their journey. Interested in learning more? 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.

 

 

More Insights

April 1, 2021

2020 Year in Review

As we reflect on the events of last year, we are more grateful than ever for the trust placed in us by our Limited Partners, underlying venture ...

Read More

Greenspring Associates’ Portfolio Impact program is dedicated to leveraging the firm’s network of corporates for the benefit of the funds and ...

Read More

Recently, Greenspring Associates partnered with Responsible Investor, a respected trade publication focused on the world of socially responsible ...

Read More