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§ Private Profile · Atlanta, GA, USA
Mobile banking platform offering digital financial services for Black and Latinx individuals and business owners.
Greenwood is an Atlanta, Georgia-based mobile banking platform providing digital banking services, including spending and savings accounts, virtual debit cards, and peer-to-peer transfers, primarily for Black and Latinx individuals and business owners. The company aims to promote wealth recirculation in underserved communities, with banking services provided by Coastal Community Bank, Member FDIC. Greenwood has raised over $30 million in funding, including a $3 million seed round, and achieved 500,000 waitlist sign-ups in its first 100 days. It has an estimated valuation of $32 million and employs between 201-500 individuals, generating $10 million in annual revenue. Notable figures associated with the company include founders Ryan Glover, Michael "Killer Mike" Render, and Andrew "Bo" Young III, alongside board member Paul Judge. Greenwood was founded in 2020 by Ryan Glover, Michael "Killer Mike" Render, and Andrew "Bo" Young III.
Greenwood has raised $88.0M across 3 funding rounds.
Greenwood has raised $88.0M in total across 3 funding rounds.
Greenwood has raised $88.0M in total across 3 funding rounds.
Greenwood's investors include Robbie Robinson, Bank of America, Cercano Management, Citi Ventures, Cohen Circle, George Kaiser Family Foundation, PNC Bank, Popular, Truist Ventures, TTV Capital, Wells Fargo, Dontá Wilson.
Greenwood has raised $88.0M across 3 funding rounds. Most recently, it raised $45.0M Other Equity in December 2022.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Dec 1, 2022 | $45M Venture Round | Robbie Robinson | Bank OF America, Cercano Management, Citi Ventures, Cohen Circle, George Kaiser Family Foundation, PNC Bank, Popular, Truist Ventures, TTV Capital, Wells Fargo | Announced |
| Mar 25, 2021 | $40M Series A | Dontá Wilson | Alvin Kamara, Bank OF America, FIS, J.P. Morgan, Lightspeed Venture Partners, Mastercard, PNC Bank, Quality Control, SHU Nyatta, TTV Capital, Visa, Wells Fargo | Announced |
| Oct 8, 2020 | $3M Venture Round | — | — | Announced |