Green Spring Associates

A venture capital firm that invested in information technology, biotechnology, healthcare, and telecommunications sectors.

Venture Capital Active Owings Mills, United States Est. 2000
Last updated 2026-07-20
Portfolio
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in our dataset
Rounds participated
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Rounds led
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Rounds' value
total disclosed, rounds participated
Stages

About

Greenspring Associates was a venture capital firm founded in 2000, primarily based out of Owings Mills, Maryland, with offices in Palo Alto, CA, Miami, FL, London, and Beijing. The firm invested across multiple stages, sectors, and geographies, including fund, direct, and secondary investments. In 2021, Greenspring Associates was acquired by StepStone Group in a transaction valued north of $725 million.

Portfolio

No portfolio companies in this dataset yet.

Q&A

What is Green Spring Associates' most recent exit?
Green Spring Associates exited Veev in December 2023 through an acquisition by Lennar. The financial terms of the acquisition were undisclosed.
What is a notable portfolio company for Green Spring Associates?
A notable portfolio company for Green Spring Associates is Veev, which specializes in smart homes with advanced materials and complete control.
When did Green Spring Associates make its most recent investment?
Green Spring Associates' most recent investment was in Veev in February 2020, participating in an $85 million Series B round.
What is the investment focus of Green Spring Associates?
Green Spring Associates is described as a global venture capital investment firm.
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Identifiers & details

Founded2000

Acquisitions & public offerings

Acquired by StepStone Group 2021-09 $725.0M