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Greenlight - About the company

Greenlight is a series D company based in Atlanta (United States), founded in 2014 by Timothy Sheehan and John Hagelgans. It operates as an App-based investment platform for kids and teens. Greenlight has raised $556M in funding from investors like TTV Capital, Andreessen Horowitz and Drive Capital, with a current valuation of $2.3B. The company has 24 active competitors, including 15 funded and 2 that have exited. Its top competitors include companies like gohenry, Junio and Modak.

Sectors and market segments that Greenlight operate in

Greenlight serves in the FinTech market segments.The primary business model of Greenlight are:

Company Details

App-based investment platform for kids and teens. The company offers debit cards for kids. It empowers parents to teach trade-off decisions, money management, and the power of saving with an app.
Social
XFacebook
Email ID
*****@greenlight.com
Phone Number
+1 **********
Registered Address
Atlanta, Georgia
Key Metrics
Founded Year
2014
Location
Atlanta, United States
Stage
Series D
Total Funding
$556M in 6 rounds
Post Money Valuation
$2.3B as on Apr 27, 2021
Investors
Ranked
Employee Count
655 as on Mar 31, 2026
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Greenlight's funding and investors

Greenlight has raised a total funding of $556M over 6 rounds. Its first funding round was on May 23, 2017. Its latest funding round was a Series D round on Oct 04, 2023 for an undisclosed amount. 1 investor participated in its latest round. Greenlight has 38 institutional investors.

Here is the list of recent funding rounds of Greenlight:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Oct 04, 2023
Undisclosed
Series D
-
-
-
Apr 19, 2021
$260M
Series D
$2.3B
158927.5x
Sep 10, 2020
$215M
Series C
$1.2B
84081.8x
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Greenlight's founders and board of directors

Founder? Claim Profile
The founders of Greenlight are Timothy Sheehan and John Hagelgans. Timothy Sheehan is the CEO of Greenlight.
Here are the details of Greenlight's key team members:

Greenlight's Board of Directors

Greenlight's board has 11 active members. Thomas Smith, Neil Underwood, Timothy Sheehan, Chris Olsen, David George, John Hagelgans, Gardiner Garrard, Alex Baker, Jardon Bouska, Wes Herman and Michelle Cheung are independent board members.
Here is the list of Greenlight's board of directors:
Name
Type
Representing
Status
Duration
Independent board member
-
Current
8y 2m
Independent board member
-
Current
4y 10m
Independent board member
-
Current
8y 9m
Independent board member
-
Current
6y 6m
Independent board member
-
Current
4y 10m
Independent board member
-
Current
8y 9m
Independent board member
-
Current
6y 6m
Independent board member
-
Current
8y 9m
Independent board member
-
Current
8y 9m
Independent board member
-
Current
8y 9m
Independent board member
-
Current
4y 10m

Greenlight's employee count trend

Greenlight has 655 employees as of Mar 26. Here is Greenlight's employee count trend over the years:
Employee count trend for Greenlight
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Greenlight's Competitors and alternates

Top competitors of Greenlight include gohenry, Junio and Modak. Here is the list of Top 10 competitors of Greenlight, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Greenlight
Greenlight
2014, Atlanta (United States), Series D
App-based investment platform for kids and teens
$556M
74/100
2nd
Logo for gohenry
gohenry
2012, New York City (United States), Acquired
Prepaid cards for children
$125M
63/100
3rd
Logo for Junio
Junio
2020, Delhi (India), Seed
Provider of pocket money and payment application for students
$8.17M
55/100
4th
Logo for Modak
Modak
2022, Menlo Park (United States), Seed
App-based platform providing financial literacy, community, financial products, and credit score for teens
$5.3M
54/100
5th
Logo for Jassby
Jassby
2017, Waltham (United States), Series A
Budget management platform for kids
$10.9M
48/100
6th
Logo for BusyKid
BusyKid
2010, Scottsdale (United States), Series A
Finance learning solutions for kids
$9.27M
42/100
7th
Logo for Walrus
Walrus
2019, Oakland (United States), Seed
Banking platform, UPI payments, and debit card for teenagers
$395K
41/100
8th
Logo for Giverly
Giverly
2021, Gurugram (India), Seed
Charity cashback platform
$181K
38/100
9th
Logo for FamZoo
FamZoo
2006, Bay (United States), Unfunded
Family finance app and prepaid cards for kids and teens
-
-
38/100
10th
Logo for YPay Card
YPay Card
2017, Bareilly (India), Seed
Payment cards for teens
$667K
36/100
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Greenlight's Investments and acquisitions

Greenlight has made no investments or acquisitions yet.

Reports related to Greenlight

Here is the latest report on Greenlight's sector:

News related to Greenlight

lockFilter this list
Media has covered Greenlight for a total of 9 events in the last 1 year, 8 of them have been about partnerships.
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FAQs about Greenlight

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