United States · Investor

Greenspring Associates

No cheque observed since Dec 2019, after 56 earlier cheques, and the website is dead.

DormantNew fund $20M, Mar 2021Private equity

SeedSeries ASeries BBiotechnologyClimate & ImpactClimateTech & CleanTech

Cheques on record
0%of best year0cheques in 12 months, 56 on record
Since the last cheque2506days00hrs00min00sec
Median round$52MCheque size, as they say$15M – $50MRounds led3 of 56Sole investor2 roundsExits8 from the portfolioMostly inUnited States, 97%
Pitch Greenspring Associates

Greenspring Associates highlights

  1. 01

    56 rounds on record

  2. 02

    Mostly Series D and Series C: 65% of its rounds

  3. 03

    Sole investor in 2 rounds, median $26M

  4. 04

    8 exits from the portfolio

What they do

Filed 1 private fund offering with the SEC, the most recent in 2016-03From their own website
Type
Private equity (from a list, unverified)
Cheque size
$15M – $50M as they say
Stages
SeedSeries ASeries BGrowthPre-IPO
Sectors
BiotechnologyClimate & ImpactClimateTech & CleanTech
Based in
Owings Mills, United States
Cold pitches
Not stated

The record

Every round we can evidence, newest first56 appearances

  1. 2019

    13 rounds

  2. Dec
    LogicGateSeries B · US · FinSMEs$25MWith 3 others
  3. Dec
    Bright HealthSeries D · US · FinSMEs$635MWith 8 others
  4. Oct
    Bowery ValuationUS · Therealdeal$8.0MWith 2 others
  5. Sept
    TipaltiSeries D · US · FinSMEs$76MWith 3 others
  6. Sept
    Grove CollaborativeSeries D · US · FinSMEs$150MWith 8 others
  7. Jul
    SocioSeries A · US · FinSMEs$6.0MWith 1 other
  8. Jul
    TurnKey Vacation RentalsUS · FinSMEs$48MWith 3 others
  9. Jul
    MoneyLionSeries C · US · TechCrunch$100MLed
  10. May
    Logz.ioSeries D · IL · FinSMEs$52MWith 5 others
  11. May
    XometrtyUS · FinSMEs$50MLed
  12. May
    Health IQSeries D · US · FinSMEs$55MLed
  13. Apr
    Intrinsic TherapeuticsUS · FinSMEs$52MWith 4 others
  14. Jan
    OneLoginUS · FinSMEs$100MWith 2 others
  15. 2018

    1 round

  16. Jun
    ScopelySeries C · US · Variety$100MWith 1 other
  17. 2017

    1 round

  18. Jan
    MoneyLionSeries B · US · FinSMEs$42MWith 3 others
  19. 2016

    3 rounds

  20. Oct
    Everything But The HouseSeries C · US · FinSMEs$42MSole investor
  21. Oct
    Oblong IndustriesUS · VentureBeat$65MWith 2 others
  22. May
    JW Player$20MWith 5 others
  23. 2015

    8 rounds

  24. Sept
    CloudFlareSeries D · US$110MWith 10 others
  25. Aug
    Everything But The House (EBTH)Series B · US$30MWith 3 others
  26. Jul
    KareoSeries G · US$55MWith 7 others
  27. Jul
    DemandbaseSeries G · US$30MWith 7 others
  28. Jun
    NamelySeries C · US$45MWith 4 others
  29. Jun
    WalkMeSeries D · US$25MWith 4 others
  30. Jun
    High AlphaVenture · US$35MWith 2 others
  31. Mar
    NamelyVenture · US$11MWith 4 others
  32. 2014

    11 rounds

  33. Nov
    GigyaSeries F · US$35MWith 8 others
  34. Oct
    KareoDebt · US$15MWith 5 others
  35. Oct
    DemandbaseSeries F · US$15MWith 5 others
  36. Oct
    SolidFireSeries D · US$82MWith 1 other
  37. Sept
    TeladocSeries C · US$50MWith 9 others
  38. Sept
    JW PlayerSeries C · US$20MWith 3 others
  39. Jun
    SenseonicsVenture · US$20MWith 4 others
  40. Feb
    AtTaskSeries D · US$38MWith 1 other
  41. Feb
    WorkfrontSeries D · US$38MWith 2 others
  42. Jan
    KareoSeries F · US$30MWith 2 others
  43. Jan
    NutanixSeries D · US$101MWith 6 others
  44. 2013

    2 rounds

  45. Dec
    CloudFlareSeries C · US$50MWith 4 others
  46. Sept
    GigyaSeries E · US · techcrunch.com$25MWith 4 others
  47. 2012

    7 rounds

  48. Dec
    IntegenXSeries C · US · sec.gov$49MWith 6 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

The team

Named by the firm itself, on a filing, its Form ADV or its company registration15 named

BEBendukai Edward BoueyChief Compliance OfficeriForm ADV
CAC. Ashton NewhallOfficer of the Managing Member of the General PartneriFiling they signed
CACarrie Ashton McIntyreChief Financial Officer of Greenspring.iFiling they signed
DYDavid Yongil ParkChief Financial OfficeriForm ADV
EAEric Ashton ThompsonOfficer of the Managing Member of the General PartneriFiling they signed
JAJames Ashton LimOfficer of the Managing Member of the General PartneriFiling they signed
JPJason Paul MentPresident and Co-Chief Operating Officer, PartneriForm ADV
JYJennifer Yayoi IshiguroChief Legal Officer, PartneriForm ADV
JAJohn AvirettPartner of Greenspring.iFiling they signed
JAJose Agustin FernandezCo-Chief Operating Officer, PartneriForm ADV
LALindsay Ashton RedfieldChief Financial Officer of Greenspring.iFiling they signed
RWRobert Wilburn LongChief Executive OfficeriForm ADV
SWScott William HartChief Executive OfficeriForm ADV
TPThomas Porter KeckHead of Portfolio Management, PartneriForm ADV
TATimothy Adair SmithChief Operating Officer & Chief Financial OfficeriForm ADV

We also hold 20 people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

What the register says

From the firm's own filings with the SEC, which it must file accurately by law

$126Bassets it manages, 2 advisers combinedOct 2026
Registeredinvestment adviserfull reporting to the SEC
Legal name
Stepstone Group LP
SEC number
CRD 143635

Funds on its Form ADV

333 private funds, $93B in gross assets · filed Jul 2024

Private equity 294Venture 36Hedge 2

  1. Stepstone H Opportunities Fund, L.P.Private equity3 investors$17B
  2. Stepstone K Strategic Opportunities Fund IV, L.P.Private equity3 investors$3.5B
  3. Stepstone Secondary Opportunities Fund V Offshore Holdings, L.P.Private equity138 investors$3.0B
  4. Stepstone K Strategic Opportunities Fund III, L.P.Private equity3 investors$2.9B
  5. Stepstone VC Secondaries Fund V, L.P.Private equity1,142 investors$2.2B
  6. Stepstone Secondary Opportunities Fund IV Offshore Holdings, L.P.Private equity116 investors$1.9B
  7. Stepstone VC Secondaries Fund VI L.P.Private equity463 investors$1.6B
  8. Stepstone VC Global Partners X-A, L.P.Private equity465 investors$1.4B
  9. Stepstone VC Global Partners IX-A, L.P.Venture301 investors$1.4B
  10. Stepstone Capital Partners V Offshore Holdings, L.P.Private equity120 investors$1.4B

And 323 more on the filing.

Exits from the portfolio

Companies it backed that were later bought or listed8 in all

WorkfrontBought by Adobe$1.5BNov 2020
IntronisBought by Barracuda NetworksUndisclosedSept 2015
Cloud SherpasBought by AccentureUndisclosedSept 2015
CventListed$118MJul 2013
ExactTargetBought by Salesforce$2.5BJun 2013
ExactTargetListedUndisclosedMar 2012
BARRX MedicalBought by Covidien$325MNov 2011

An exit counts when it came after the firm's first round in the company. From historical deal records.

Who they invest alongside

The investors most often in the same rounds as Greenspring Associates. A count of rooms they were both in, not a relationship either has claimed.

Recently backed

The latest companies Greenspring Associates put money into.

On podcasts

2 episodes naming Greenspring Associates in the title, and 4 more that mention it.

Mentioned in

Quick answers about Greenspring Associates

What does Greenspring Associates invest in?

Greenspring Associates invests most often at Series D and Series C (65% of the rounds on record), in sectors such as Biotechnology, Climate & Impact and ClimateTech & CleanTech.

How active is Greenspring Associates?

56 investments on record, 0 of them in the last 12 months, and it led 3. The most recent was in Dec 2019.

What has Greenspring Associates invested in recently?

Its most recent investments on record: LogicGate (Series B, Dec 2019), Bright Health (Series D, Dec 2019) and Bowery Valuation (Undisclosed round, Oct 2019).

How big are Greenspring Associates's cheques?

The median round it joins is $52M. It says it writes cheques of $15M to $50M.

Does Greenspring Associates lead rounds?

Sometimes: it led 3 of its 56 investments on record (5%).

Where does Greenspring Associates invest?

Most of the companies it backs are in the United States (97%).

Is Greenspring Associates investing now?

It looks quiet: no investment on record since Dec 2019.

Who does Greenspring Associates invest alongside?

Most often New Enterprise Associates (7 rounds together), Scale Venture Partners (5 rounds together) and Escalate Capital (4 rounds together).

Raising now?

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Built from the rounds we watched, its filings and its own website, refreshed every night. How we count · Report a correction · Is this your firm? Claim it