We are excited to share news of a monumental achievement at Greylock – the launch of our 17th venture fund, Greylock 17. With an impressive corpus of $1 billion, Greylock 17 solidifies our commitment to empowering innovative founders in the ever-evolving landscape of enterprise and consumer software. As a global venture capital investor, we have a proven track record of backing major tech firms like Airbnb, Coinbase, and Meta. Now, with Fund 17, we continue our mission of supporting and revolutionizing the future of AI-first companies.
Investing in AI-First Companies: Pioneering Innovation
At Greylock, we firmly believe in the transformative power of artificial intelligence (AI) to shape the future across various sectors. From cybersecurity and infrastructure to software-as-a-service (SaaS), consumer marketplaces, fintech, and crypto, AI has the potential to disrupt industries and create lasting impact. With Fund 17, we are dedicated to partnering with visionary founders who are building AI-driven solutions capable of revolutionizing their respective sectors.
Empowering Pre-Seed, Seed, and Series A Founders: Nurturing Early-Stage Success
Fund 17 places a strong emphasis on empowering Pre-Seed, Seed, and Series A founders, providing them with the necessary resources and support to transform their groundbreaking ideas into thriving businesses. We understand the criticality of the early stages of a startup, and our commitment to founders begins right from the beginning. Our goal is to work closely with them, helping navigate the challenges of building and scaling their ventures, ensuring they have the best possible chance of long-term success.
Introducing Greylock Edge: Unleashing Entrepreneurial Potential
As part of our unwavering commitment to fostering innovation, we are delighted to introduce Greylock Edge, our bespoke company building program. Designed to support pre-idea, pre-seed, and seed founders, Greylock Edge leverages our extensive resources and expertise to help founders unleash their entrepreneurial potential. Through this program, our partners work directly with Edge founders, offering guidance and assistance in shaping their vision, refining their strategies, and achieving product-market fit.
Proven Track Record: Nurturing Enduring Businesses
Greylock’s success is deeply rooted in our dedication to founders and our ability to nurture enduring businesses. With our vast industry knowledge and extensive network, we have helped numerous startups achieve remarkable growth and success. In our previous fund, over 80% of our investments were in Pre-Seed, Seed, or Series A companies, underscoring our commitment to supporting early-stage ventures.
Conclusion
We are thrilled to embark on this new chapter with the launch of Greylock 17, our $1-billion venture fund. As investors with a passion for innovation, we remain steadfast in our commitment to supporting visionary founders and AI-first companies that hold the potential to revolutionize industries. Through our comprehensive company building program, Greylock Edge, we aim to empower founders at every stage of their entrepreneurial journey.
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