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.
- Website
- greenlight.com
- 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
Latest Funding Round
Post Money Valuation
$2.3B as on Apr 27, 2021
Investors
Ranked
1st among 24 active competitors
Employee Count
655 as on Mar 31, 2026
Legal entities associated with Greenlight
Greenlight is associated with 3 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
GREENLIGHT FINANCIAL TECHNOLOGY, INC CIN: 472550478 , United States, Active | Dec 26, 999 | - | 299 (As on Dec 31, 2024) | - |
GREENLIGHT FINANCIAL TECHNOLOGY, INC. CIN: 47-2550478 , United States, Active | Oct 16, 2016 | - | 210 (As on Dec 31, 2020) | - |
GreenLight CIN: 40103794068 , Latvia, Active | May 29, 2014 | $13.8K (As on Dec 31, 2021) | 1 (As on Dec 31, 2021) | - |
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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:
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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 |
View details of Greenlight's funding rounds and investors
Greenlight's founders and board of directors
Founder? Claim ProfileThe 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:
- Timothy Sheehan: Co-Founder & CEO of Greenlight. They serve on the board of 1 company.
- John Hagelgans: Former Co-Founder of Greenlight. They serve on the board of 1 company.Contact Info: 1 email address
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 |
View details of Greenlight's Founder profiles and Board Members
Greenlight's employee count trend
Greenlight has 655 employees as of Mar 26. Here is Greenlight's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Greenlight 2014, Atlanta (United States), Series D | App-based investment platform for kids and teens | $556M | 74/100 | |
2nd | gohenry 2012, New York City (United States), Acquired | Prepaid cards for children | $125M | 63/100 | |
3rd | Provider of pocket money and payment application for students | $8.17M | 55/100 | ||
4th | 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 | Jassby 2017, Waltham (United States), Series A | Budget management platform for kids | $10.9M | 48/100 | |
6th | BusyKid 2010, Scottsdale (United States), Series A | Finance learning solutions for kids | $9.27M | 42/100 | |
7th | Walrus 2019, Oakland (United States), Seed | Banking platform, UPI payments, and debit card for teenagers | $395K | 41/100 | |
8th | Charity cashback platform | $181K | 38/100 | ||
9th | FamZoo 2006, Bay (United States), Unfunded | Family finance app and prepaid cards for kids and teens | - | - | 38/100 |
10th | Payment cards for teens | $667K | 36/100 |
Looking for more details on Greenlight's competitors? Click here to see the top ones
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
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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Great Southern Bank Partners With Tech Company for Family Finance AppSpringfield Business Journal•Apr 06, 2026•Greenlight, Great Southern Bank
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Greenlight Named “Financial Education App of the Year” in 2026 FinTech Breakthrough Awards ProgramBusiness Wire•Mar 19, 2026•Greenlight
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Candescent and Greenlight Partner to Build the Next Generation of Financially Empowered FamiliesAccess Newswire•Feb 04, 2026•Candescent, Greenlight
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Trustmark Partners with Greenlight® to Help Parents Raise Financially Smart Kids and TeensBusiness Wire•Jan 15, 2026•Greenlight, Trustmark
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Greenlight Announces Integration With Q2's Digital Banking PlatformBusiness Wire•Jul 24, 2025•Q2 Software, Greenlight
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Metro Credit Union Partners with Greenlight for Financial Education AppPR Newswire•Apr 22, 2025•Metro Credit Union, Greenlight
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Alkami partners with Greenlight for kids and teens bankingSeeking Alpha•Mar 26, 2025•Alkami, Greenlight
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