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 thrilled to announce that we led Aqua Security's $30 million Series D financing with participation from Greenspring primary managers Lightspeed Venture Partners and TLV Partners. Read more about Aqua and the recent round here.
We are also proud to announce that Greenspring led the $123 million Series C financing in end-to-end title and closing platform States Title. Read more about the round here.
Portfolio News:
- At-home testing platform Everlywell, backed by Greenspring primary manager Goodwater Capital, secured Emergency Use Authorization from the FDA to begin sending home testing kits for COVID-19 to consumers. More information here.
- Interesting read on how many VC firms, including Greenspring primary manager Accel, have adapted to the extended coronavirus lockdowns by pursuing and completing fully remote deals with founders. Read more.
- Congrats to web-based animation gif search engine Giphy, backed by Greenspring primary manager Lightspeed Venture Partners, on being acquired by Facebook. The Company will become available across Facebook's other apps through existing and additional integrations.
- "When something like the COVID-19 pandemic happens, your life is going to be devastated if your own country cannot produce what you need." Great interview with Randy Altschuler, CEO of Greenspring direct investment Xometry, on how COVID-19 is impacting manufacturing in the U.S.
- Command E, which is building a unified desktop search tool that allows users to search for files and data sources across multiple integrated apps, has raised $4.3 million in seed financing with participation from Greenspring primary managers Craft Ventures and Amplify Partners.
- Exciting news from The Yes, backed by Greenspring primary manager True Ventures, which announced the launch of their app-only women's shopping platform. Check out this great Q&A with The Yes Founder and CEO, Julie Bornstein.
- Rights management platform Brainbase, which helps companies manage and monetize their brand's intellectual property, has raised $8 million in recent financing co-led by Greenspring primary manager Bessemer Venture Partners.
- Chief, a private network for women leaders that provides peer groups, workshops, event programming and more to women who are C-level or VP-level at organizations, has raised $15 million in recent financing with participation from Greenspring primary manager Primary Ventures Partners.
- Check out this Q&A with Milind Mehere, founder of digital wealth management platform and Greenspring secondary investment Yieldstreet, where he shares what he learned during the 2008 crisis and how he's applying it today, his takeaways from the challenges introduced by COVID-19 and more.
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.
