Deals

Venture Firm Greycroft Raises $680 Million to Invest in Startups

  • Venture firm invested in Axios, Bumble, Bird, Goop, RealReal
  • Greycroft to invest in early and growth stage companies
Dana SettlePhotographer: David Ryder/Bloomberg
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The venture capital firm Greycroft says it has raised $680 million to find the next Bumble or Venmo, topping its previous $250 million fund raised in 2017 and 2018.

The New York and Los Angeles-based firm, which has backed both of those businesses, plans to invest $310 million in early stage startups and $370 million in growth-stage startups.