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:



Black Lake, a software platform that enables factory workers to log their tasks and helps plant managers to safely oversee the plant floor, has raised $77 million in recent financing with participation from Greenspring manager Lightspeed Venture Partners. Read more here.


Check out this great article highlighting how Greenspring portfolio company UiPath is blazing the trail for process automation!



We are proud to share our investment in Electric alongside Greenspring managers Bessemer Venture Partners and Primary Venture Partners! Read more about how the Company’s automated and intelligent information technology assistant channel helps businesses to run critical cloud applications and devices via TechCrunch here.


We are also proud to share our investment in Aviatrix alongside Greenspring manager Meritech Capital! Read more about the multi-cloud startup that allows for convenient networking and security here.


Low-code process automation and customer relationship management platform Creatio has raised $68 million in recent financing led by Greenspring manager Volition Capital. Read more about the boom low-code and no-code platforms are experiencing right now here.


Congratulations to Greenspring secondary investment and graphic design platform Canva for their exciting acquisition of two tech startups! Kaleido Al enhances photo editing capabilities and Smartmockups allows for product mockup creation. Read more about the deals here.


“Software buying has evolved—and companies are moving to a usage-based pricing model to stay ahead of the curve. In fact, 7 out of the 9 recent software IPOs with the best net dollar retention have a usage-based pricing model.” Get Greenspring manager OpenView Venture Partners’ usage-based pricing playbook here.

madison reed2

Greenspring direct investment and innovative hair color company Madison Reed has raised $52 million in financing with participation from Greenspring manager True Ventures. Read more here.


Sorare, a platform revolutionizing the way fans across the world engage with and enjoy sports though football non-fungible tokens (NFTs), has raised $50 million in financing with participation from Greenspring managers Accel and Benchmark. Read more about the company and its recent funding here.



Mark Settle, 7x CIO and member of Greenspring’s Strategic Advisory Board, recently teamed up with Sid Trivedi of Greenspring manager Foundation Capital to publish a white paper on Data Misuse Protection (DMP), a top-of-mind technical issue confronting many of today’s CIOs and IT leaders. Read more via Greenspring manager Work-Bench 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.

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