Greycroft was founded in 2006 by venture capital pioneer
Alan Patricof. He previously founded
Apax Partners, one of Europe's largest private equity groups with $50 billion under management.[6][7] Patricof's transition is linked to a renewed desire for early-stage investing.[8] Patricof is known for his investments and involvement with companies such as
AOL,
Apple Inc.,
Office Depot, and New York magazine.[9]
Funds
Greycroft raised its first fund (Greycroft I) with $75 million of investor commitments in 2006,[10] Greycroft II with $131 million in 2010,[10] Greycroft III with $175 million fund in 2015,[11] Greycroft IV with $200 million in 2018,[12] Greycroft V with $250 million in 2018,[13] and Greycroft VI with $310 million in 2020.[14] In 2014, Greycroft raised its first growth fund, Greycroft Growth, with $200 million.[15]
The company’s growth funds allow for investment in growth stage deals, with commitments starting at $10 million and scaling up to $35 million. Following the success of the firm's later stage investments, Greycroft raised Greycroft Growth II with $250 million in 2017.[16] Greycroft raised Greycroft Growth III, a $368 million growth fund in 2020.[17][18]
Greycroft Growth III: $368 million growth-stage fund
The venture fund (Greycroft VI) invests between $100,000 and $5 million in a first check, while the growth fund invests up to $50 million in a company. These two funds enable the firm to support entrepreneurs at any stage, from inception through exit.[19]
Investments
Greycroft has invested in over 300 companies located in 45 cities internationally, with the majority of these companies headquartered in the United States.[20]
Greycroft was founded in 2006 by venture capital pioneer
Alan Patricof. He previously founded
Apax Partners, one of Europe's largest private equity groups with $50 billion under management.[6][7] Patricof's transition is linked to a renewed desire for early-stage investing.[8] Patricof is known for his investments and involvement with companies such as
AOL,
Apple Inc.,
Office Depot, and New York magazine.[9]
Funds
Greycroft raised its first fund (Greycroft I) with $75 million of investor commitments in 2006,[10] Greycroft II with $131 million in 2010,[10] Greycroft III with $175 million fund in 2015,[11] Greycroft IV with $200 million in 2018,[12] Greycroft V with $250 million in 2018,[13] and Greycroft VI with $310 million in 2020.[14] In 2014, Greycroft raised its first growth fund, Greycroft Growth, with $200 million.[15]
The company’s growth funds allow for investment in growth stage deals, with commitments starting at $10 million and scaling up to $35 million. Following the success of the firm's later stage investments, Greycroft raised Greycroft Growth II with $250 million in 2017.[16] Greycroft raised Greycroft Growth III, a $368 million growth fund in 2020.[17][18]
Greycroft Growth III: $368 million growth-stage fund
The venture fund (Greycroft VI) invests between $100,000 and $5 million in a first check, while the growth fund invests up to $50 million in a company. These two funds enable the firm to support entrepreneurs at any stage, from inception through exit.[19]
Investments
Greycroft has invested in over 300 companies located in 45 cities internationally, with the majority of these companies headquartered in the United States.[20]