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Key people at Greenline Ventures.
Greenline Ventures was founded in 2004 by Patrick Vahey (President & Co-Founder) and Kermit Billups (Executive Vice President & Co-Founder) and Randy Kahn (Executive Vice President & Co-Founder).
Greenline Ventures operates as an impact-focused investment management firm, specializing in providing creative and flexible capital solutions. The company's core approach involves deploying capital to underserved businesses and communities across the United States, often utilizing structures like New Markets Tax Credits financing. It aims to generate measurable economic, social, and environmental impact through its investment strategies.
The firm was founded in 2004, establishing its base in Denver, Colorado. Kermit Billups is recognized as a co-founder and Executive Vice President, instrumental in establishing the firm's focus on bridging capital gaps in areas overlooked by traditional financing. This foundational insight centered on addressing the need for tailored financial solutions that drive community development.
Greenline Ventures targets a diverse range of businesses and projects within low-income communities nationally. The firm’s vision is centered on fostering economic growth and social progress by delivering capital markets solutions to communities that face significant barriers to accessing traditional funding. It seeks to contribute meaningfully to the vitality and resilience of these local economies.
Key people at Greenline Ventures.
Greenline Ventures was founded in 2004 by Patrick Vahey (President & Co-Founder) and Kermit Billups (Executive Vice President & Co-Founder) and Randy Kahn (Executive Vice President & Co-Founder).
Greenline Ventures has 4 tracked investments across 2 companies. The latest tracked deal is $13.0M Seed in Agile Space Industries in June 2023.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Jun 1, 2023 | Agile Space Industries | $13.0M Seed | DAN Caruso | Airbus Ventures, Lockheed Martin Ventures, Cory Finney |
| Jul 16, 2021 | Agile Space Industries | $1.8M Debt | Greenline Ventures | — |
| May 14, 2014 | BodeTree | $2.0M Other Equity | Greenline Ventures | — |
| Apr 17, 2013 | BodeTree | $1.4M Seed | Greenline Ventures | — |