Greenwood Raises $45 Million Funding Round Led By Pendulum And Announces Elevate, A New Career And Lifestyle Membership
Amount Raised
$45 Million
Round Type
Funding Round
AtlantaSoftwareMobileInvestors
Description
Greenwood, the digital banking platform for Black and Latino individuals and businesses, today announced it has closed a $45 million investment round led by Pendulum, a strategic growth investing and advisory platform designed for founders and leaders of color. With this investment, Pendulum becomes the largest investor in Greenwood on a dollar basis. This investment demonstrates the power of the Black entrepreneurial ecosystem with the round being led by Pendulum and following Greenwood’s recent acquisitions of Black-founded The Gathering Spot and Valence. Other new investors in this round include Cercano Management, Cohen Circle, The George Kaiser Family Foundation, and NextEra Energy
Quick answer
Greenwood raised $45 Million in a Funding Round round, dated November 29, 2022. Investors: TTV Capital, Truist Ventures, Citi Ventures and Cercano Management. Greenwood is based in Atlanta, Georgia, United States.
- How much did Greenwood raise?
- Greenwood raised $45 Million in a Funding Round round on November 29, 2022.
- Who invested in Greenwood?
- TTV Capital, Truist Ventures, Citi Ventures and Cercano Management are named as investors in this round.
- What does Greenwood do?
- Greenwood is a mobile banking platform for Black and Latinx people and business owners.
- Where is Greenwood based and how big is it?
- Greenwood is based in Atlanta, Georgia, United States.
Source: Fundz verified event record.
Who else raised in Mobile and Software around the same time
Companies in the same sectors as Greenwood that raised within 45 days of this round, from Fundz verified event records.
- Holmusk raised an undisclosed amount (Corporate Round) on January 9, 2023.
- OpenLoop raised $368K (Seed) on December 28, 2022.
- ngrow.ai raised $2.3M (Seed) on December 21, 2022.
- BigBasket raised $200M (Funding Round) on December 21, 2022.
- Sana raised $34M (Series B) on December 13, 2022.
- WeWALK raised $2.4M (Seed) on December 9, 2022.
Who to call at Greenwood, and when
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- An alert the day Greenwood raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Greenwood, from your own LinkedIn network
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Greenwood raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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