(Reuters) – Greycroft has raised over $1 billion across two funds to invest in early and growth-stage companies, the venture capital firm said on Wednesday.
The latest fundraise brings the total capital raised to $3 billion since the company’s inception.
The venture capital market has been relatively insulated from the stormy economic conditions that have led to a tepid investment environment for late-stage companies.
Greycroft has previously invested in fintech platform Acorns and dating app Bumble Inc, among others.
(Reporting by Niket Nishant in Bengaluru; Editing by Shailesh Kuber)
