
Green Bay Ventures
Description
Green Bay Ventures (GBV) is a San Francisco-based venture capital firm established in 2012, known for its multi-stage investment approach spanning early-stage to growth-stage companies. The firm distinguishes itself through its unique backing by some of the world's most prominent families, which provides a source of patient capital and a robust network for its portfolio companies. GBV strategically invests across diverse sectors, including enterprise software, fintech, consumer technology, and deep tech, seeking out companies with strong leadership and disruptive potential.
GBV has built an impressive portfolio, participating in over 120 investments, with a notable track record of backing future industry leaders. Their past investments include high-profile companies such as Airbnb, Palantir, SpaceX, Stripe, and Uber, demonstrating their capacity to identify and support businesses poised for significant scale and impact. The firm typically engages in Series A, B, and later-stage rounds, often providing substantial capital to fuel expansion and market penetration. Their focus extends beyond mere capital injection, aiming to leverage their extensive network and operational expertise to accelerate the growth of their ventures.
The firm's increasing fund sizes reflect its growing influence and investment capacity in the venture landscape. For instance, their latest fund, Green Bay Ventures Fund IV, reportedly targeted $200 million, a substantial increase from earlier funds, such as Fund III which was $150 million. This capital base enables GBV to write significant initial checks, typically ranging from $5 million to $25 million, allowing them to take meaningful positions in promising companies. With 18 reported exits to date, Green Bay Ventures has demonstrated a consistent ability to generate returns for its family office limited partners, solidifying its reputation as a strategic and impactful investor in the technology ecosystem.
Investor Profile
Green Bay Ventures has backed more than 45 startups, with 1 new investments in the last 12 months alone. The firm has led 4 rounds, about 9% of its total and boasts 9 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Seed, Series A, Series C rounds (top funding stages).
- Majority of deals are located in United States, Germany, Canada.
- Strong thematic focus on Information Technology, Software, Analytics.
- Typical check size: $5M – $25M.
Stage Focus
- Seed (22%)
- Series A (18%)
- Series C (18%)
- Series D (9%)
- Series B (9%)
- Series E (7%)
- Series G (4%)
- Series F (4%)
- Series H (2%)
- Series Unknown (2%)
Country Focus
- United States (87%)
- Germany (4%)
- Canada (2%)
- United Kingdom (2%)
- Cayman Islands (2%)
- China (2%)
Industry Focus
- Information Technology
- Software
- Analytics
- Machine Learning
- Artificial Intelligence (Ai)
- Saas
- Apps
- Developer Apis
- Cloud Computing
- Blockchain
Frequently Asked Questions
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