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
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: $677M as on Dec 31, 2024
- Stage: Public
- Total Funding till date: $479M
- Employee Count: 2,751 as on Mar 31, 2026
- Investors: equitywestsecurities.com, Fidelity Investments and 42 Others
- Latest Funding Round: Series I, Sep 23, 2019, $*****
- Highlight: Public

2. Sense
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
- Founded Year: 2013
- Location: Cambridge (United States)
- Stage: Series D
- Total Funding till date: $195M
- Employee Count: 108 as on Mar 31, 2026
- Investors: Google Ventures, 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: $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

4. 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: 38 as on Mar 31, 2026
- Investors: Flucas Ventures, Revolution and 28 Others
- Latest Funding Round: Series A, May 21, 2025, $*****
- Highlight: Editors' Pick
5. 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: $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' 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 222 Enterprise (B2B) companies, 209 Tech companies, 98 Tech hardware companies and at least 80 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 | 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 | [+1] |
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 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).
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