Seed-to-Growth VC Firm Greycroft Raises $1B-Plus Across New Funds

Greycroft, a seed-to-growth venture capital firm, has closed on more than $1 billion of capital commitments across new funds. The firm’s two flagship vehicles, Greycroft Partners VII and Greycroft Growth IV, closed on over $980 million.

Led by Dana Settle and Ian Sigalow, co-founders and managing partners, the New York and Los Angeles-based firm’s investments range from $500,000 to $50 million in early-stage and high-growth companies.

“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 Settle.

Since 2006, the firm has grown from $75 million to $3 billion in capital commitments and partnered with more than 250 portfolio companies, including Acorns, Arthur AI, Branch, Bumble, Fetch, Flutterwave, HealthVerity, Icertis, Scopely, Semrush, and Yeahka.

“We are witnessing a once-in-a-generation industrial transformation driven by advancements in artificial intelligence and the increasing need for sustainable products,” added Sigalow.

Greycroft previously closed around $678 million across two funds, Greycroft VI at $310 million and Greycroft Growth III at $368 million, which brought its total capital to $2 billion.