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Green Bay Ventures

North America, California, United States, San Francisco

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
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Green Bay Ventures frequently co-invest with?

The House Fund
North America, California, United States, Berkeley
Co-Investments: 4
New Enterprise Associates
North America, California, United States, Menlo Park
Co-Investments: 14
WndrCo
North America, California, United States, Beverly Hills
Co-Investments: 4
T. Rowe Price
North America, Maryland, United States, Baltimore
Co-Investments: 4
Geodesic Capital
North America, California, United States, Foster City
Co-Investments: 6
BlackRock
North America, New York, United States, New York
Co-Investments: 4
Andreessen Horowitz
North America, California, United States, Menlo Park
Co-Investments: 24
Tiger Global Management
North America, New York, United States, New York
Co-Investments: 4
Coatue
North America, New York, United States, New York
Co-Investments: 6
Fidelity
North America, Massachusetts, United States, Boston
Co-Investments: 4

Which angels does Green Bay Ventures often collaborate with?

JM
North America, California, United States, Los Angeles
Shared Deals: 1
MP
North America, Colorado, United States, Aspen
Shared Deals: 1
Balaji Srinivasan
Asia, Central Region, Singapore, Singapore
Shared Deals: 2
BR
North America, New York, United States, New York
Shared Deals: 2
JN
North America, New York, United States, Manhattan
Shared Deals: 1
BT
North America, California, United States, Palo Alto
Shared Deals: 1
JS
North America, California, United States, San Francisco
Shared Deals: 1
FE
North America, California, United States, San Francisco
Shared Deals: 2
AG
North America, California, United States, Stanford
Shared Deals: 1
Dov Moran
Asia, HaMerkaz, Israel, Kfar Saba
Shared Deals: 2

What are some of recent deals done by Green Bay Ventures?

PlayerZero

Atlanta, Georgia, United States

PlayerZero is a software debugging platform that provides agent debugging and code simulation services to enterprises using AI.

Artificial Intelligence (AI)Developer PlatformDeveloper Tools
SeedJul 30, 2025
Amount Raised: $5,000,000
Trace Machina

Palo Alto, California, United States

Trace Machina is a company that specializes in the development and maintenance of simulation infrastructure.

IT InfrastructureRoboticsSoftware
SeedAug 23, 2024
Amount Raised: $4,700,000
Hang

New York, New York, United States

Building the future of membership and loyalty for brands

AppsLoyalty ProgramsMachine Learning
Series AJul 14, 2022
Amount Raised: $16,000,000
Rapid

San Francisco, California, United States

Rapid delivers the next-generation API platform that enables developers to build, use and share APIs.

AnalyticsAppsCloud ComputingDeveloper APIsInformation TechnologySaaS
Series DMar 22, 2022
Amount Raised: $150,000,000
VShojo

San Francisco, California, United States

VShojo is a talent-first VTuber company working for the growth and success of its members.

ContentContent CreatorsDigital EntertainmentMedia and Entertainment
SeedMar 16, 2022
Amount Raised: $11,000,000
100 Thieves

Los Angeles, California, United States

100 Thieves is an American e-sports, lifestyle, and apparel brand.

AppareleSportsFashionLifestylePC Games
Series CDec 2, 2021
Amount Raised: $60,000,000
Deel

San Francisco, California, United States

Deel is a payroll and compliance platform that provides employees and contractors with hiring, HR, and payroll services.

Bookkeeping and PayrollFinancial ServicesFinTechHuman ResourcesRecruiting
Series DOct 18, 2021
Amount Raised: $425,000,000
Sisu

San Francisco, California, United States

Sisu is a decision intelligence engine that delivers insights and monitors metrics for businesses to make the right business decisions.

AnalyticsArtificial Intelligence (AI)Big DataBusiness IntelligenceMachine LearningSoftware
Series CSep 28, 2021
Amount Raised: $62,000,000
Databricks

San Francisco, California, United States

Databricks is an AI cloud data platform that interacts with corporate information stored in the public cloud.

AnalyticsArtificial Intelligence (AI)Information TechnologyMachine Learning
Series HAug 31, 2021
Amount Raised: $1,600,000,000
Rapid

San Francisco, California, United States

Rapid delivers the next-generation API platform that enables developers to build, use and share APIs.

AnalyticsAppsCloud ComputingDeveloper APIsInformation TechnologySaaS
Series CApr 21, 2021
Amount Raised: $60,000,000