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

default-ogp

Greenspring direct investment Bright Health, a healthcare company redefining the future of healthcare by integrating financing, care delivery and technology, raised $500 million in Series E financing. We are delighted to have participated in this round along with Greenspring primary manager Bessemer Venture Partners. Read more here.bvp-1

Courier, an API platform that helps developers add multichannel user notifications to their applications, raised $10.1 million in Series A financing led by Greenspring primary manager Bessemer Venture Partners. Read more here.

felicis-1

Alloy, an end-to-end identity core platform that creates better identity verification, raised $40 million in Series B financing with participation from Greenspring primary managers Felicis Ventures and Bessemer Venture Partners. Read more about the company here.

goodwater_logo-1

IRL- Event Social Network, an event discovery startup, raised $16 million in Series B financing led by Greenspring primary manager Goodwater Capital with participation from Greenspring primary manager Founders Fund. Read more here.

Greenlight Financial Technology, an app that teaches children how to save money, raised $215 million in Series C financing with participation from Greenspring primary manager Goodwater Capital. Read more here.

lsvp

Art of Sport, a men’s grooming brand, raised $6 million in recent financing with participation from Greenspring primary manager Lightspeed Venture Partners. Read more here.

Check out Bejul Somaia, Managing Director of Greenspring primary manager Lightspeed Venture Partners, as he discusses his journey from entrepreneur to investor and what he looks for when investing in startups here.

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

Meet Morgan Beller, Libra Digital Currency project co-founder and Greenspring primary manager NFX’s newest General Partner! Read more about Morgan’s pivot back to her VC roots here.

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

MicrosoftTeams-image (5)

As one of the largest providers of institutional capital to the venture capital ecosystem, we’ve long believed that we have a responsibility to create pathways to increase and support diversity in the innovation economy. We are thrilled to announce our partnership with Lenox Park Solutions, Inc. in continuance of our efforts to advance diversity, equity and inclusion among our fund managers and companies. Read more here

christina cage 1

“I love that I play a role in making a small positive difference in someone's day, every day. I also love how long Greenspring has been in business, that says a lot about a company.” #HumansOfGreenspring

nick 1

“One of the more interesting investments I’ve worked on since joining is Toss Financial, a Korean FinTech company that is proving to be a market leader in the country. During the pandemic, we've been able to discuss with Management the various nuances of social behavior that have either benefited or challenged the company's digital approach to finances.” #HumansOfGreenspring

3-Aug-27-2020-12-37-20-01-PM

💼 VC University is a joint venture of Startup@BerkeleyLaw, an initiative of the University of California, Berkeley, the National Venture Capital Association (NVCA), and Venture Forward. Startup@BerkeleyLaw’s VC Deal Camp Program and NVCA’s Venture Capital Symposium are distinct from VC University. VC University is intended to provide an introductory overview of the Silicon Valley model of venture capital while supporting emerging venture ecosystems outside of Silicon Valley. Check it out here. Check out the Venture Capital Symposium here

Weekly Roundup Graphics

Bumble

Whitney Wolfe Herd, CEO Of Greycroft-backed mobile dating app Bumble, has channeled her own experience with online harassment into creating a place where women can feel safe and empowered. Read more on Whitney’s journey with Bumble and how the company is preparing for its pending IPO here.

OK Play

The OK Company is different from the usual educational apps in that it focuses on real world play of parents with kids together. It also encourages kindness and empathy and deals with negative emotions like anger using behavioral science.” Read more on how the Obvious Ventures-backed company is helping kids learn to manage tantrums, play nicely and more 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

In honor of the one-year anniversary of the reopening of our London office, we are highlighting three Europe-based managers with whom we have the ...

Read More

In honor of the one-year anniversary of our London office's reopening, we are highlighting three Europe-based managers with whom we have the distinct ...

Read More

The results of our first PRI Assessment Report are in, and we are proud to share that we scored A+ on the majority of modules. As part of Greenspring ...

Read More