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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 Apr 2026, Greentown Labs has 1 unicorn under its belt and has witnessed 35 portfolio exits. Most notable companies in its portfolio include Sweetgreen, Sense and Accenture. The program is backed by a team of 86 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
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:
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

Provider of AI and app-based energy monitoring solutions. Current sensors on the main breakers in the electric panel record electric device signature. These signatures are worked upon by device detecting algorithms that detect individual devices in the house. User can then visualize device usage and their energy consumption. Its app is available for Android and iOS devices.

Key facts about Sense

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: $69.7B 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
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

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: $5.38B as on Oct 31, 2025
  • Stage: Public
  • Employee Count: 15,000 as on Jan 31, 2026
  • Investors: Greenleaf Trust, Gov and 2 Others
  • Latest Funding Round: Grant (prize money), Jan 01, 2024, $*****
  • Highlight: Public

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.
Here are Greentown Labs' investments by stage:
Stage of entry
No. of Investments
Seed
4
Grant (prize money)
3
Series A
1
Breakdown of Greentown Labs' investments by stage of entrySeed (4)Grant (prize money) (3)
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 222 Enterprise (B2B) companies, 209 Tech companies, 98 Tech hardware companies and at least 80 companies focusing on Software.
Here are Greentown Labs' investments by sector:
Sector
No. of Investments
Environment Tech
5
Sustainability Tech
5
Energy Tech
4
Enterprise Applications
4
High Tech
4
Others
8
Breakdown of Greentown Labs' investments by sectorsEnvironment Tech (5)Sustainability Tech (5)
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
8651
-
Sep 08, 2020
United States
Grant (prize money)
6745
Nov 12, 2019
United States
Grant (prize money)
2519
Oct 24, 2019
United States
Series A
8405
-
Jun 26, 2019
United States
Grant (prize money)
8976

Unicorns in Greentown Labs' Portfolio

Greentown Labs has 1 unicorn in its portfolio - Fervo Energy. The most recent unicorn in their portfolio is Fervo Energy which became a unicorn in 2025, 1 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
65
Developer of next-generation geothermal projects delivering carbon-free energy
2017
San Francisco
Series E
shnyvxy

IPOs and Publicly Listed companies in Greentown Labs' Portfolio

14 of Greentown Labs' portfolio companies have become public. Sweetgreen got listed on the New York Stock Exchange (NYSE), in Nov 2021 at marketcap of $3B and Advent got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ).
Here are Greentown Labs' portfolio companies that went public:
Company
IPO Date
First Invested on
First Round of Investment
Round Size
Nov 18, 2021
-
-
2811
Dec 26, 2018
-
-
1643
Jun 17, 2016
-
-
3804
Apr 02, 2015
-
-
3209
Nov 20, 2009
-
-
2750

Acquired companies in Greentown Labs' Portfolio

21 companies from Greentown Labs' portfolio have been acquired. The most recent acquisition were Bodhi in Mar 2026 by OneEthos.
Here are Greentown Labs' portfolio companies that got acquired most recently:
Company
Acquisition Date
First Invested on
First Round of Investment
Round Size
Mar 31, 2026
-
-
2799
Feb 21, 2026
-
-
7398
Sep 08, 2025
-
-
1346
Jun 18, 2024
-
-
7221
Apr 12, 2023
-
-
9012

Team profile of Greentown Labs

Greentown Labs has a team of 86 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 LabsCleantech 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 Labs4 investors entered a company along with Greentown Labs. These include investors like CertainTeed (1 company).
  • Invested after Greentown LabsA 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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FAQs about Greentown Labs

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