Investing
Venture capital firm Greycroft raises over $1 billion across two funds
© Reuters.
(Reuters) – Greycroft has raised over $1 billion across two funds to invest in early and growth-stage companies, the venture capital firm said on Wednesday.
The latest fundraise brings the total capital raised to $3 billion since the company’s inception.
The venture capital market has been relatively insulated from the stormy economic conditions that have led to a tepid investment environment for late-stage companies.
Greycroft has previously invested in fintech platform Acorns and dating app Bumble Inc, among others.
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