About Greentown Labs
Greentown Labs, an accelerator and incubator program founded in 2011, is based in Boston, United States. With a presence in 20 countries, it has supported around 338 startups in sectors like High Tech, Environment Tech. As of Jul 2026, Greentown Labs has 1 unicorn under its belt and has witnessed 36 portfolio exits. Most notable companies in
its portfolio include Sweetgreen, Sense and Accenture. The program is backed by a team of 62 people who primarily support Seed startups based in United States. Its latest investment was a Undisclosed Seed round in Ari on Mar 22, 2022.
Key Metrics
Founded Year
2011
Location
Boston, United States
Portfolio Companies
Sectors of Investment
Stages of Investment
Seed, Grant (prize money) & 1 more
Locations of Investment
Unicorn in Portfolio
Greentown Labs' List of Top Investments
Greentown Labs has a portfolio of 338 companies, one of which is a Unicorn. Their most notable investments are in Hyperframe and LineVision.Their portfolio spans across United States, Canada, Netherlands and 17 more locations. They have invested in High Tech, Environment Tech, Energy Tech and 35 other sectors, across stages such as Seed, Grant (prize money) and 1 more. Here is the list of top investments by Greentown Labs:1. Sweetgreen
Restaurant chains offer salads and meal bowls. Its other products include chicken items, kid's meals, local food dishes, desserts, and drinks. It also provides customized food platters and supply network services.
Key facts about Sweetgreen
- Founded Year: 2006
- Location: Los Angeles (United States)
- Annual Revenue: $500M - $1B as on Dec 31, 2024
- Stage: Public
- Total Funding till date: $479M
- Employee Count: 2,807 as on May 31, 2026
- Investors: equitywestsecurities.com, Fidelity Investments and 42 Others
- Latest Funding Round: Series I, Sep 23, 2019, $*****
- Highlight: Public

2. Sense
Smart energy platform providing real-time electricity usage insights for homes and utilities. It uses smart sensors and data analytics to deliver real-time electricity usage insights for homes, utilities, and energy partners. It helps users understand and reduce energy consumption, improve efficiency, and support grid reliability by providing high-resolution monitoring and behavioral energy insights aimed at lowering carbon emissions and accelerating the energy transition.
Key facts about Sense
- Founded Year: 2013
- Location: Cambridge (United States)
- Stage: Series D
- Total Funding till date: $177M
- Employee Count: 108 as on May 31, 2026
- Investors: CRV, Schneider Electric and 21 Others
- Latest Funding Round: Series D, Jan 27, 2026, $*****
- Highlight: Editors' Pick
3. Accenture
Provider of IT consulting, technology, and outsourcing services. It works with businesses to support digital transformation, operational improvement, and strategic growth. The platform provides expertise in areas such as cloud computing, artificial intelligence, cybersecurity, and supply chain management.
Key facts about Accenture
- Founded Year: 1989
- Location: Dublin (Ireland)
- Annual Revenue: $1B+ as on Aug 31, 2025
- Stage: Public
- Employee Count: 668,837 as on Mar 31, 2026
- Investors: ngn-capital.com, Bondeinvest.com and 6 Others
- Latest Funding Round: Grant (prize money), Mar 01, 2024, $*****
- Highlight: Public
4. Keysight
Manufacturer of electronics test and measurement equipments. Its products include instruments like oscilloscopes, multimeters, signal generators, power supplies, and EDA software. It is used in aerospace, defense, automotive, communications, education, government, and semiconductor applications.
Key facts about Keysight
- Founded Year: 2014
- Location: Santa Rosa (United States)
- Annual Revenue: $1B+ as on Oct 31, 2025
- Stage: Public
- Employee Count: 13,542 as on May 31, 2026
- Investors: Greenleaf Trust, Gov and 2 Others
- Latest Funding Round: Grant (prize money), Jan 01, 2024, $*****
- Highlight: Public

5. SparkCharge
Provider of charging solutions for electric vehicles. The company focused on the development of portable electric vehicle charging points. It provides EV charging solutions for businesses.
Key facts about SparkCharge
- Founded Year: 2014
- Location: Boston (United States)
- Valuation: $*****
- Stage: Series A
- Total Funding till date: $107M
- Employee Count: 55 as on Apr 20, 2024
- Investors: Flucas Ventures, SVB and 28 Others
- Latest Funding Round: Series A, May 21, 2025, $*****
- Highlight: Editors' Pick
Greentown Labs' Year-on-Year Investment Trends
Greentown Labs has invested in 339 companies over the last 10 years, with an average of 1 new investment annually in the last 10 years. Its most recent first time investment was in Ari.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 0 | 0 | 0 |
2024 | 0 | 0 | 0 |
2023 | 0 | 0 | 0 |
2022 | 1 | 0 | 1 |
2021 | 0 | 0 | 0 |
2020 | 1 | 0 | 1 |
2019 | 3 | 0 | 3 |
2018 | 1 | 0 | 1 |
2017 | 1 | 0 | 1 |
Greentown Labs' Investments by Stage
Greentown Labs has made 4 investments in Seed stage with an average round size of $50K, 3 investments in Grant (prize money) stage with an average round size of $25K and 1 investment in Series A stage.Stage of entry | No. of Investments |
|---|---|
Seed | 4 |
Grant (prize money) | 3 |
Series A | 1 |
Note: We have considered here, only first round of investments
Greentown Labs' Investments by Sector
Greentown Labs has a diverse portfolio, with companies operating in the Environment Tech, Sustainability Tech, Energy Tech, Enterprise Applications and High Tech. Notably, it has invested in 223 Enterprise (B2B) companies, 210 Tech companies, 98 Tech hardware companies and at least 81 companies focusing on Software.Sector | No. of Investments |
|---|---|
Environment Tech | 5 |
Sustainability Tech | 5 |
Energy Tech | 4 |
Enterprise Applications | 4 |
High Tech | 4 |
Others | 8 |
Note: We have considered here, only first round of investments
Greentown Labs' Investments by Geography
Greentown Labs has made most investments in United States (8).Greentown Labs' recent investments
Greentown Labs has not made any investment in 2026 so far.Here are the most recent investments by Greentown Labs:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Mar 22, 2022 | United States | Seed | 4480 | - | |
Sep 08, 2020 | United States | Grant (prize money) | 6600 | ||
Nov 12, 2019 | United States | Grant (prize money) | 8382 | ||
Oct 24, 2019 | United States | Series A | 1628 | - | |
Jun 26, 2019 | United States | Grant (prize money) | 7299 | [+1] |
Unicorns in Greentown Labs' Portfolio
Greentown Labs has 1 unicorn in its portfolio - Form Energy. The most recent unicorn in their portfolio is Form Energy which became a unicorn in 2022, 3 years before Greentown Labs first invested in it.Here is a list of unicorns in Greentown Labs' portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
71 | Clean energy technology platform developing long-duration iron-air battery systems | 2017 | Somerville | Series F | bwuyvfe |
IPOs and Publicly Listed companies in Greentown Labs' Portfolio
15 of Greentown Labs' portfolio companies have become public. Fervo Energy got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in May 2026 at marketcap of $7.45B and Sweetgreen got listed on the New York Stock Exchange (NYSE) at marketcap of $3B.Here are Greentown Labs' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
May 13, 2026 | - | - | 3354 | |
Nov 18, 2021 | - | - | 5767 | |
Dec 26, 2018 | - | - | 2313 | |
Jun 17, 2016 | - | - | 3590 | |
Apr 02, 2015 | - | - | 8804 |
Acquired companies in Greentown Labs' Portfolio
21 companies from Greentown Labs' portfolio have been acquired. The most recent acquisition was Alloy Enterprises in May 2026 by Johnson Controls for $*****.Here are Greentown Labs' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
May 13, 2026 | - | - | 2680 | |
Mar 31, 2026 | - | - | 2915 | |
Sep 08, 2025 | - | - | 7908 | |
Jun 18, 2024 | - | - | 5852 | |
Apr 12, 2023 | - | - | 1771 |
Team profile of Greentown Labs
Greentown Labs has a team of 62 members including 17 Partners and 11 Principals located in United States and United Kingdom. Greentown Labs' team does not sit on the board of any company as of now.Here is a list of top team members in Greentown Labs:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Houston | - | ||
Partner | Boston | - | ||
Partner | Boston | - | - | |
Partner | Boston | - | - | |
Partner | Houston | - | - | |
Partner | Washington, DC | - | - | |
Partner | - | - | - | |
Partner | - | - | - | |
Partner | - | - | - | |
Partner | - | - | - | |
Partner | - | - |
Co-investors of Greentown Labs
Over the past 10 years, 26 investors have co-invested in Greentown Labs's portfolio companies. This includes funds and angels.
- Invested before Greentown Labs: Cleantech Open, Central Texas Angel Network and 1 other have invested in rounds before Greentown Labs. There is 1 company where Cleantech Open has invested before Greentown Labs and 1 company where Central Texas Angel Network has invested before Greentown Labs.
- Top Co-investors of Greentown Labs: 4 investors entered a company along with Greentown Labs. These include investors like CertainTeed (1 company).
- Invested after Greentown Labs: A total of 19 investors have invested in Greentown Labs's portfolio after their investments. Top Investors include UP.Partners (1 company) and National Grid Partners (1 company).
Recent News related to Greentown Labs
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Onterris Joins Greentown Labs to Advance Environmental Innovation and CommercializationBusiness Wire•Jun 08, 2026•Greentown Labs
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Greentown Labs Appoints Julia Travaglini to Head of its Boston IncubatorMiningstockeducation•Jan 15, 2026•Greentown Labs
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Greentown Labs and Energytech Nexus Announce Strategic Ecosystem PartnershipPR Newswire•Sep 18, 2025•Greentown Labs, Energytechnexus
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FischTank PR Hosts Climate Week Panel on MarComm StrategiesBenzinga•Sep 16, 2025•FischTank, Greentown Labs
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Greentown Labs Welcomes Stacey Harris as Head of PhilanthropyPR Newswire•Aug 21, 2025•Greentown Labs