Green D Ventures logo

Green D Ventures

North America, Massachusetts, United States, Boston

Description

Green D Ventures is a distinctive venture capital firm based in Boston, Massachusetts, uniquely positioned as an alumni-led fund dedicated to supporting startups with a strong affiliation to Dartmouth College. Established in 2017, the firm leverages the extensive network of Dartmouth alumni, parents, and friends to identify and nurture promising ventures. Their investment focus spans Seed through Series A stages, targeting companies founded or led by Dartmouth graduates, or those with significant Dartmouth connections. This specialized approach allows Green D Ventures to tap into a rich ecosystem of talent and innovation within the Dartmouth community.

The firm's investment strategy is characterized by its commitment to providing crucial early-stage capital. Green D Ventures typically deploys initial cheques ranging from $250,000 to $1,000,000. Beyond financial investment, the firm offers its portfolio companies access to a robust network of over 1,500 Dartmouth alumni, who provide mentorship, industry expertise, and potential business development opportunities. This network acts as a significant value-add, helping startups navigate challenges and accelerate growth across various sectors, including but not limited to SaaS, FinTech, Healthcare, Consumer, and Deep Tech.

Since its inception, Green D Ventures has demonstrated a strong track record of supporting successful ventures. The firm has invested in over 70 companies, showcasing its active participation in the startup ecosystem. These portfolio companies have collectively gone on to raise more than $1.5 billion in follow-on capital from other investors, underscoring the quality and potential of the startups Green D Ventures backs. Their mission extends beyond financial returns, aiming to foster entrepreneurship within the Dartmouth community and contribute to the success of its affiliated innovators.

Investor Profile

Green D Ventures has backed more than 182 startups, with 0 new investments in the last 12 months alone. The firm has led 0 rounds, about 0% of its total and boasts 40 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series A, Series B rounds (top funding stages).
  • Majority of deals are located in United States, United Kingdom, Switzerland.
  • Strong thematic focus on Software, Health Care, Information Technology.
  • Typical check size: $250K – $1M.

Stage Focus

  • Seed (37%)
  • Series A (24%)
  • Series B (16%)
  • Series Unknown (8%)
  • Series C (4%)
  • Series D (4%)
  • Convertible Note (2%)
  • Pre Seed (2%)
  • Series F (2%)
  • Private Equity (1%)

Country Focus

  • United States (95%)
  • United Kingdom (2%)
  • Switzerland (1%)
  • Canada (1%)
  • South Africa (1%)
  • Singapore (1%)
  • Mexico (1%)

Industry Focus

  • Software
  • Health Care
  • Information Technology
  • Artificial Intelligence (Ai)
  • Biotechnology
  • Fintech
  • Saas
  • Medical
  • Financial Services
  • Enterprise Software
circle-line
FAQ

Frequently Asked Questions

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

Who does Green D Ventures frequently co-invest with?

Google Ventures
North America, California, United States, Mountain View
Co-Investments: 6
Norwest Venture Partners
North America, California, United States, Palo Alto
Co-Investments: 7
CS
North America, New York, United States, New York
Co-Investments: 6
Y Combinator
North America, California, United States, Mountain View
Co-Investments: 6
Comcast Ventures
North America, California, United States, San Francisco
Co-Investments: 6
Castor Ventures
North America, Massachusetts, United States, Boston
Co-Investments: 19
Andreessen Horowitz
North America, California, United States, Menlo Park
Co-Investments: 7
Revolution’s Rise of the Rest Seed Fund
North America, District of Columbia, United States, Washington
Co-Investments: 5
Alumni Ventures
North America, New Hampshire, United States, Manchester
Co-Investments: 156
Khosla Ventures
North America, California, United States, Menlo Park
Co-Investments: 6

Which angels does Green D Ventures often collaborate with?

MG
North America, Colorado, United States, Denver
Shared Deals: 1
EL
North America, Florida, United States, Miami Beach
Shared Deals: 1
Daren Cotter
North America, Minnesota, United States, Saint Paul
Shared Deals: 1
EK
North America, Texas, United States, Dallas
Shared Deals: 1
SH
North America, District of Columbia, United States, Washington
Shared Deals: 1
CL
North America, Tennessee, United States, Nashville
Shared Deals: 1
JH
North America, New York, United States, New York
Shared Deals: 1
KT
North America, California, United States, Menlo Park
Shared Deals: 1
Darian Shirazi
North America, California, United States, San Francisco
Shared Deals: 2
BH
North America, California, United States, Palo Alto
Shared Deals: 1

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

Thea Energy

Princeton, New Jersey, United States

Thea Energy is taking a faster approach to commercialize fusion energy.

Clean EnergyEnergyRenewable Energy
Series AFeb 8, 2024
Amount Raised: $20,000,000
Lightship

San Francisco, California, United States

Lightship is an all-electric RV manufacturer, designer, and a producer of an aerodynamic, battery-powered trailer for the electric age.

AutomotiveElectric VehicleManufacturingRecreational VehiclesTravel
Series BJan 17, 2024
Amount Raised: $34,000,000
Cedar

Austin, Texas, United States

Cedar is a platform for residential construction that dramatically reduces the time it takes to go from land search to permitting

Real EstateResidentialSoftware
SeedOct 31, 2023
Amount Raised: $3,000,000
Granata Bio

Duxbury, Massachusetts, United States

Fertility Biotechnology

Biotechnology
SeedOct 30, 2023
Amount Raised: $96,667
Lemurian Labs

Menlo Park, California, United States

Lemurian Labs develops efficient, high performance programmable hardware accelerators for edge AI and robotics workloads.

Application Specific Integrated Circuit (ASIC)Artificial Intelligence (AI)ElectronicsMachine LearningRoboticsSemiconductor
SeedSep 8, 2023
Amount Raised: $9,000,000
Alix

San Francisco, California, United States

Powering wealth across generations

FinTechLegal Tech
SeedSep 7, 2023
Amount Raised: $5,500,000
Better Life Partners

Hanover, New Hampshire, United States

Better Life Partners provides medical and behavioral healthcare services to help people recover from addiction.

CommunitiesHealth CareMedicalWellness
Series BAug 29, 2023
Amount Raised: $26,500,000
Crate

Los Angeles, California, United States

Crate is an AI-powered shareable artifact that is filled with data collected from across the internet.

Artificial Intelligence (AI)DatabaseInternet
SeedAug 23, 2023
Amount Raised: $5,000,000
Genesis Therapeutics

South San Francisco, California, United States

Genesis Therapeutics unifies AI and biotech to accelerate the discovery of new medicines.

Artificial Intelligence (AI)BiotechnologyInformation Technology
Series BAug 21, 2023
Amount Raised: $200,000,000
Unstructured Technologies

Rocklin, California, United States

Unstructured develops an open-source data transformation platform to preprocess natural language data for machine learning services.

Artificial Intelligence (AI)Machine LearningNatural Language ProcessingOpen Source
SeedJul 19, 2023