Golden
Greenspring Associates

Greenspring Associates

U.S-based venture capital firm providing investment for venture capital firms as well as startups.

Founded in 2000, Greenspring Associates is a venture capital firm. The firm was established by Ashton Newhall. It is primarily based from Owings Mills, Maryland although the firm also has offices in Palo Alto, California, and London, United Kingdom. As of February 2019, the firm is managing 51 companies in its portfolio and has sold off its shares in 78 companies. Its most recent investment was in February 2019 for YieldStreet, a company providing asset-based investments platform across industries such as real estate projects and small businesses to its users.

Funding

Greenspring Associates specializes in funding for venture capital firms although it also offers funding directly to companies. For venture capital firms, Greenspring Associates typically invests in growth equity managers, secondary fund investments, and later stage direct venture capital funds. As for companies, the firm invests in those at various stages of financing, from seed-stage to mezzanine. Greenspring Associates focuses on funding companies that are based in North America, Europe, Australia, China, and India. The firm prefers to fund companies that operate in the field of information technology, biotechnology, healthcare, and telecommunications. As of February 2019, it has managed to amass a fund total of $2.9 billion, with its most recent funding round held in January 2019. This funding round succeeded in raising $999 million.

Timeline

Funded Companies

27 Results
Company
Company
Description
Description
Website
Website
Industry
Industry
Location
Location

Grove Collaborative is an online, subscription-based retailer selling natural home and health products.

MoneyLion is a mobile banking platform for borrowing, saving, and investing.

A web performance and security company providing services for the protection and acceleration of websites online.

Scopely is a Los Angeles-based company founded by Walter Driver.

Mavenir Systems is an enterprise software company founded by Rashad A. Jaffery.

Grubhub is a Chicago-based company.

The only end-to-end accounts payable software to automate the entire supplier payments operation, making global mass B2B payments frictionless & efficient.

Bright Health is a Minneapolis-based provider of individual, family and Medicare Advantage healthcare plans in Alabama, Arizona, Colorado, New York City, Ohio and Tennessee.

Kareo is an ehr, medical practice management software and medical billing services company.

Medialets is a mobile advertising company founded by Eric A. Litman.

Outdoorsy is a company founded by Jennifer Young, Jeff Cavins and Ryan Quinn.

Logz.io is an AI-powered log analysis platform that offers the open source ELK Stack as a enterprise-grade service.

Intrinsic Therapeutics is a Woburn, Massachusetts-based healthcare company.

Assent Compliance is a Canada-based company founded by Rob Imbeault.

Workfront is a Lehi, Utah-based company.

Socio Labs is an Indianapolis-based software as a service company.

OneLogin is a San Francisco-based company.

Paladina Health is a healthcare company.

Exinda is a Boston-based company.

IntegenX is a Pleasanton, California-based company.

Associated investment funds

9 Results
Investment Fund
Investment Fund
Total offering (USD)
Total offering (USD)
Total sold (USD)
Total sold (USD)
Location
Location
Date signed
Date signed
151,000,000
151,000,000
October 25, 2018
435,048,250
435,048,250
January 5, 2018

People

Name
Role
LinkedIn

Aaron Vermut

Investor



Amir Vardi

Employee



Anuttam Teja Sunkavally

Employee



Ashton Newhall

Founder/Managing Partner



Bernie Adorino

Employee



Brittany Hargest

Employee



Brooke Pollack

Employee



Burke Plater

Employee



Christian Gammill

Investor



Christian von Hassell

Employee



David McDonough

Employee



Eric Pelnik

Employee



Frank Glover, CFA, PMP

Employee



Hanly Heubeck

Employee



Hunter Somerville

Partner



Huston Collins

Employee



Jennifer Spalding

Employee



Jim LIm

Managing General Partner



John Avirett

Partner



Justice O. Nwigwe

Employee



Lindsay Redfield

Chief Financial Officer



Liz Ford

Employee



Matt Berger

Employee



Matthew Sedney

Employee



Mattia Flabiano IV

Employee



Further reading

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Companies

Company
CEO
Location
Products/Services

Altos Ventures







Canvas Venture Fund







Columbia Capital







Delphi Ventures







Salsify







Workfront







References