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: 

New Investments:

We are pleased to share two recent investments in Kyash and States Title.

Kyash, founded in 2015 and based in Tokyo, Japan, is a provider of a payment platform that is on the path to becoming the leading challenger bank in Japan. The Company's platform can be accessed through mobile applications and websites, enabling users to send or request money from peers in a safe, quick and easy manner.

States Title, founded in 2016 and headquartered in San Francisco, California, is a developer of technology that utilizes computer visualization and machine learning to streamline inefficiencies associated with the title and escrow process.

Portfolio News:

  • Greenspring direct investment Roblox has seen its monthly player number skyrocket to 120 million as the online gaming universe becomes a huge hangout spot for virtual birthday parties, game ceremonies and even classes for kids and teens who are home due to COVID-19. Read more here
  • Great Q&A with Wenz Xing of Greenspring primary manager Bullpen Capital where he describes what led him to Bullpen, his insights on how tech can be leveraged to solve fundamental problems during these difficult times and more. Read more here.
  • Mohit Aron, CEO of Greenspring direct investment Cohesity, chatted with Ashu Garg and other Silicon Valley executives in this podcast episode from Greenspring primary manager Foundation Capital, where they discuss coping with the business impact of the pandemic and give advice for startups on how to best manage through the crisis.
  • Customized relationship training app Relish, which leverages machine learning to create a relationship improvement plan, has raised $5 million in Series A financing led by Greenspring primary manager Bessemer Venture Partners with participation from Greenspring primary manager Bullpen Capital
  • "Historically, amazing companies are built in these times." George Bischof, GP of Greenspring primary manager Meritech Capital, shares his thoughts on the future of VC, innovation and startups following the COVID-19 crisis in this great interview.
  • Huge congrats to Greenspring direct investment Scopely on their acquisition of game development studio PierPlay, the maker of popular mobile word game Scrabble Go. Read more on this exciting news here
  • Greenspring primary manager Volition Capital performed a study on how COVID-19 has impacted the American consumer and their perspective moving forward. Check out the insightful results here
  • Barcelona-based Factorial, an all-in-one HR automation platform that manages payroll, employee onboarding and more for small and medium sized businesses, has raised $16 million in Series A financing led by Greenspring primary manager CRV.

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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