Greenspring Associates

A venture capital firm that invested in early to growth-stage companies and funds.

Venture Capital Owings Mills, United States Est. 2000
Last updated 2026-07-20
Portfolio
1
in our dataset
Rounds participated
3
Rounds led
0
Rounds' value
$567.0M
total disclosed, rounds participated
Stages
—

About

Greenspring Associates was a venture capital firm founded in 2000. It specialized in primary fund investments, secondary fund investments, and direct co-investments in early to growth-stage companies across various sectors, including information technology, biotechnology, healthcare, and financial technology. The firm was acquired by StepStone Group in 2021.

Portfolio · 1

Houzz
An online platform for home remodeling and design, connecting homeowners and home professionals.
3 rounds $567.0M committed Latest: 2017-06

Investment activity

2 portfolio exits on record.

Portfolio by sector

Business Software3
Cyber Security1
Fintech & Insurtech1

Q&A

What is Greenspring Associates' primary investment focus?
Greenspring Associates specialized in investing in early to late-stage technology and healthcare startups.
When was Greenspring Associates acquired?
Greenspring Associates was acquired by StepStone Group in 2020.
Can you name some notable portfolio companies of Greenspring Associates?
Greenspring Associates' portfolio includes companies like Aqua Security, a cloud-native security platform, and Tipalti, which automates supplier payments.
What are Greenspring Associates' most recent exits?
Greenspring Associates had an exit in June 2021 when WalkMe went public on NASDAQ with a valuation of $2.56 billion.
Which sectors has Greenspring Associates focused on for its portfolio companies?
Greenspring Associates has primarily focused on Business Software, Cyber Security, and Fintech & Insurtech for its portfolio companies.
What was a significant exit for Greenspring Associates in 2017?
In September 2017, Greenspring Associates had an exit with Gigya being acquired by SAP for $350 million.
What is the typical investment range for Greenspring Associates?
Greenspring Associates' investment range is between $25 million and $135 million.
What is the most common funding stage for Greenspring Associates' investments?
Greenspring Associates has most frequently participated in D Round funding stages.
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)

Identifiers & details

Founded2000

Acquisitions & public offerings

Acquired by StepStone Group 2021-09 $725.0M