Greenwood

Financial ServicesSeries BAtlanta, USgogreenwood.com

Latest round

Series B

Last raised

Nov 2022

Total raised

$85M

Investors

18

About Greenwood

Greenwood, Inc.Founded in 2020 and headquartered in Atlanta, US, Greenwood, Inc. focuses on offering mobile financial solutions.Greenwood offers a mobile financial platform that provides digital checking and savings accounts designed specifically for the Black community.15%.The company generates revenue through transaction fees from their debit card services and subscriptions for premium memberships. Users engaging with the Greenwood Mastercard® debit card can earn cash back rewards, enhancing user engagement. Subscription revenue primarily comes from the Greenwood Premium Membership, which provides additional features. The company is expected to expand its product offerings and enhance its services, targeting new markets to reach a broader audience. Specific timelines for new product launches or geographic expansions have not been disclosed.

Who invested in Greenwood

18 investors across 2 rounds

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Funding rounds

  1. Series B

    Nov 29, 2022

    Amount

    $45M

    Investors

    Locked

  2. Series A

    Mar 24, 2021

    Amount

    $40M

    Investors

    Locked

Questions about Greenwood

Who invested in Greenwood?

Greenwood has 18 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Greenwood raised?

Greenwood has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did Greenwood last raise money?

Greenwood's most recent round on record is a Series B, in Nov 2022.

What does Greenwood do?

Greenwood is a financial services company.

Where is Greenwood headquartered?

Greenwood is headquartered in Atlanta, US.

Which VCs invest in companies like Greenwood?

Among active investors with capital left to deploy, Radical Ventures, Ribbit Capital, TrueBridge Capital Partners and Tribe Capital back financial services companies at Greenwood's stage. Their profiles are linked below.

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