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New Deal


Announced

Completed

Andreessen Horowitz led a $260m Series D funding round in Greenlight.

Financials

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Transaction Value£187m
Consideration TypeCash
Capital Owned-
Capital Bid For11%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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debit cards

FinTech

United States

Acquisition

Private Equity

Minority

Cross Border

Completed

Venture Capital

Private

Friendly

Synopsis

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Andreessen Horowitz, a venture capital firm, led a $260m Series D funding round in Greenlight, a fintech company. Additional investors include TTV Capital, Canapi Ventures, Wells Fargo Strategic Capital, BOND, Fin VC, Goodwater Capital, Wellington Management, Owl Ventures and LionTree Partners. "Greenlight has quickly emerged as the leader of the family finance category. Greenlight was built to help parents raise financially-smart kids, and with its breakthrough combination of easy-to-use money management tools and educational resources, the company is well-positioned to become one of the most loved and trusted brands for families around the world," David George, Andreessen Horowitz General Partner.

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