Venture capital firm Greycroft raises over $1 billion across two funds

Greycroft has raised over $1 billion across two funds to invest in early and growth-stage companies, the venture capital firm said on Wednesday.

The latest fundraise brings the total capital raised to $3 billion since the company's inception.

The venture capital market has been relatively insulated from the stormy economic conditions that have led to a tepid investment environment for late-stage companies.


Greycroft has previously invested in fintech platform Acorns and dating app Bumble Inc , among others.