Venture capital firm Greycroft has raised nearly $1B across two new funds aimed at investing in startups in sectors such as e-commerce, fintech, and healthcare.
The funds include $450M for Greycroft Growth III, which will focus on later-stage investments, and $500M for Greycroft IX, which will focus on early-stage investments. Greycroft's portfolio includes companies such as food delivery platform Postmates and cryptocurrency exchange Coinbase.
“Greycroft’s bicoastal foundation in Los Angeles and New York has given us unique access and insights to the technological advancements that drive emerging themes and reshape industries at the intersection of culture and business,” said Dana Settle, Co-Founder and Managing Partner at Greycroft.
