Greenspring Associates

Greenspring Associates, founded in 2000, is a venture capital firm based in Owings Mills, Maryland. The firm specializes in early-stage and growth-stage investments, focusing on sectors such as information technology, biotechnology, healthcare, and telecommunications. Greenspring Associates offers a comprehensive platform that includes fund investments, direct co-investments, and secondary investments, aiming to build globally diversified portfolios for its clients. In 2021, the firm was acquired by StepStone Group, combining their assets under management to approximately $27 billion. This acquisition allowed Greenspring Associates to continue its mission of supporting innovation and growth across multiple industries and geographies, leveraging StepStone Group's global network and resources. The firm's investment approach emphasizes a collaborative and long-term perspective, partnering with leading entrepreneurs and investment managers to build high-growth companies. Greenspring Associates has a history of successful investments in companies like Chewy.com, GrubHub, and Cvent, demonstrating its commitment to identifying and nurturing promising ventures across various sectors.

Focus on early-stage and growth-stage companies, Preference for investments in information technology, biotechnology, healthcare, and telecommunications sectors, Interest in both direct investments and secondary market opportunities, Commitment to building globally diversified portfolios for clients