Greenfield Partners
| Company type | Private |
|---|---|
| Industry | Private equity, Venture capital |
| Founded | 2016 |
| Founder | TPG Growth |
| Headquarters | New York and Tel Aviv , United States and Israel |
Area served | Global |
Key people | Yuda Doron, Shay Grinfeld, Avery Schwartz, Raz Mangel, Nir Goldstein |
| Products | Growth equity investments in early-stage technology and tech-enabled enterprises |
Greenfield Partners is a growth equity firm operating out of both New York and Tel Aviv, specializing in investments in early-stage technology and tech-enabled enterprises.[1][2][3]
Established in 2016 by TPG Growth as a dedicated investment vehicle focused on early-stage technology ventures in Israel, Greenfield Partners gained independence in 2020. The firm’s portfolio includes investments in companies such as Vast Data,[4] BigPanda,[5] Guardicore,[6] Coralogix,[7] Silverfort,[8] and Capitolis.[3]
Notable exits
In July 2021, Check Point completed its largest acquisition in more than ten years by acquiring Avanan, a company within Greenfield’s portfolio, for $300 million.[9] Shortly thereafter, Guardicore was purchased by the American multinational corporation Akamai for $600 million.[6]
Active Investments
The portfolio of companies supported by the firm includes:
- Vast Data
- BigPanda
- Coralogix
- Capitolis
- Silverfort, which successfully secured $65 million in a Series C round to advance its integrated identity threat protection platform
- Cynet, having raised $40 million to create an autonomous XDR solution tailored for businesses of various sizes
- DustPhotonics, transitioning its focus to silicon photonics following a $33 million funding round
- EquityBee, which obtained an additional $55 million from returning investors
- Mixtiles
- Planck, an insurtech venture that garnered $20 million in funding led by former Salesforce executives
- Quali, achieving $54 million to enhance cloud infrastructure automation capabilities
- floLIVE, which closed $47 million amid rising demand for its hyperlocal global networking services
- Torq, a cybersecurity automation company that raised $42 million through an expanded Series B financing
- Exodigo, an artificial intelligence startup that raised $105 million to develop technology for subterranean mapping
Partners
The firm's leadership team consists of:
- Yuda Doron
- Shay Grinfeld
- Avery Schwartz
- Raz Mangel
- Nir Goldstein
- ↑ "Greenfield Partners closes $350m in investment funds". Globes. 2022-06-16. Retrieved 2024-02-08.
- ↑ Shemer, Simona (2022-06-19). "Israel's Greenfield Partners Closes New $350M Fund". NoCamels. Retrieved 2024-02-08.
- ↑ 3.0 3.1 "Greenfield Partners unveils new $200 million fund". ctech. 2022-06-16. Retrieved 2024-02-08.
- ↑ Wiggers, Kyle (2023-12-06). "Vast Data lands $118M to grow its data storage platform for AI workloads". TechCrunch. Retrieved 2024-02-08.
- ↑ "BigPanda Raises $190 Million in Funding at $1.2 Billion Valuation". BigPanda. Retrieved 2024-02-08.
- ↑ 6.0 6.1 Ravet, Hagar (2021-09-29). "Israel's Guardicore acquired by Akamai for $600 million". CTECH - www.calcalistech.com. Retrieved 2024-02-08.
- ↑ Lunden, Ingrid (2022-06-01). "Coralogix streams $142M into its coffers to expand its production analytics into a full-stack observability platform". TechCrunch. Retrieved 2024-02-08.
- ↑ Cite error: Invalid
<ref>tag; no text was provided for refs named:4 - ↑ Shulman, Sophie (2021-08-30). "Check Point acquiring Avanan for $300 million, its biggest purchase in over a decade". CTECH - www.calcalistech.com. Retrieved 2024-02-08.