Greycroft, a seed-to-growth venture capital firm, has raised more than $1 billion of capital commitments across two new flagship funds – Greycroft Partners VII and Greycroft Growth IV – which will look to invest in early and growth-stage enterprise and consumer businesses.
The capital commitments, which bring the total raised by the company since inception to $3 billion since the company’s inception, represent a significant increase from the firm’s previous venture and growth funds. Greycroft says this demonstrates continued support from LPs for its model of investing in startups across the entire venture lifecycle from seed to exit.
Greycroft’s previous investments include Acorns, Arthur AI, Branch, Bumble, Fetch, Flutterwave, HealthVerity, Icertis, Scopely, Semrush, and Yeahka. The firm targets investments from $500K up to $50 million in early-stage and high-growth companies worldwide.