
GS Growth
Investments
180Portfolio Exits
50About GS Growth
GS Growth seeks to make long term strategic investments in fast-growing technology companies that are uniquely positioned to benefit from a deeper business relationship with Goldman Sachs. GSPI has a flexible approach to investing that allows it to make investments in equity and convertible instruments that typically range between $2,000,000 and $30,000,000. Goldman Sachs Principal Strategic Investments focuses on market infrastructure, financial technology, and enterprise technology companies, and looks to engage in a strategic relationship that may include joint product development, IP licensing arrangements, service provision arrangements, and market participation agreements.
GS Growth Headquarter Location
200 West Street
New York, New York, 10282,
United States
GS Growth Web Traffic
GS Growth Rank
Research containing GS Growth
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CB Insights Intelligence Analysts have mentioned GS Growth in 3 CB Insights research briefs, most recently on Apr 19, 2022.
Jun 2, 2020 report
What Is Venture Capital?Latest GS Growth News
Apr 26, 2022
British challenger bank Starling has completed a £130.5m fundraise from previous investors to “build a war chest for acquisitions”. The latest funding came at a pre-money valuation of more than £2.5bn for the London-headquartered digital bank. Funds came from all of Starling’s previous backers, including Goldman Sachs Growth Equity and the Qatar Investment Authority. “This will enable us to continue our growth and to build a war chest for acquisitions. We are looking at a number of potential targets,” a Starling spokesperson said. Starling did not share any details on its acquisition targets. However, UKTN understands that Starling has £400m in surplus capital on its balance sheet that could be used for acquisitions. A source told UKTN that Starling is looking at targets in the lending space. Starling has previously been linked with mortgage lender Kensington, with the challenger bank reportedly in a bidding war with high street bank Barclays. However, this deal is not finalised and UKTN understands that Starling is keeping other mortgage lenders on the table. Starling has previously acquired UK-based buy-to-let mortgage lender Fleet Mortgages in a £50m cash and stock deal . Founded in 2014 by Anne Boden, Starling provides personal and business accounts, along with B2B banking and payments services through its banking-as-a-service model. Last year Starling raised a total of £322m, with £272m of that coming in a Series D funding round in March. That investment gave the bank unicorn status – privately held companies valued at $1bn or more. Boden has previously said that the fintech company is aiming to go public by 2023 . Starling has been profitable on a monthly basis since October 2020 and last year saw its revenues soar by 600% .
GS Growth Investments
180 Investments
GS Growth has made 180 investments. Their latest investment was in AlphaSense as part of their Series D on June 6, 2022.
GS Growth Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
6/15/2022 | Series D | AlphaSense | $225M | Yes | 1 | |
6/8/2022 | Series B | RippleMatch | $45M | Yes | G20 Ventures, and Work-Bench | 4 |
4/13/2022 | Series D | Unico | $100M | Yes | 2 | |
4/12/2022 | Series D | |||||
3/22/2022 | Series D |
Date | 6/15/2022 | 6/8/2022 | 4/13/2022 | 4/12/2022 | 3/22/2022 |
---|---|---|---|---|---|
Round | Series D | Series B | Series D | Series D | Series D |
Company | AlphaSense | RippleMatch | Unico | ||
Amount | $225M | $45M | $100M | ||
New? | Yes | Yes | Yes | ||
Co-Investors | G20 Ventures, and Work-Bench | ||||
Sources | 1 | 4 | 2 |
GS Growth Portfolio Exits
50 Portfolio Exits
GS Growth has 50 portfolio exits. Their latest portfolio exit was LeanTaaS on June 06, 2022.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
---|---|---|---|---|---|
6/6/2022 | Acq - Fin | 2 | |||
5/25/2022 | Acquired | 3 | |||
2/22/2022 | Acquired | 6 | |||
Date | 6/6/2022 | 5/25/2022 | 2/22/2022 | ||
---|---|---|---|---|---|
Exit | Acq - Fin | Acquired | Acquired | ||
Companies | |||||
Valuation | |||||
Acquirer | |||||
Sources | 2 | 3 | 6 |
GS Growth Acquisitions
2 Acquisitions
GS Growth acquired 2 companies. Their latest acquisition was SIMON Markets on October 31, 2016.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
---|---|---|---|---|---|---|
10/31/2016 | Other Venture Capital | $100M | Acq - Fin | 2 | ||
1/19/2008 | Other |
Date | 10/31/2016 | 1/19/2008 |
---|---|---|
Investment Stage | Other Venture Capital | Other |
Companies | ||
Valuation | ||
Total Funding | $100M | |
Note | Acq - Fin | |
Sources | 2 |
GS Growth Team
7 Team Members
GS Growth has 7 team members, including current Chief Executive Officer, David Solomon.
Name | Work History | Title | Status |
---|---|---|---|
David Solomon | Chief Executive Officer | Current | |
John E. Waldron | President | Current | |
Denis Coleman | Chief Financial Officer | Current | |
Sheara J. Fredman | Chief Financial Officer | Current | |
Ericka Leslie | Chief Administrative Officer | Current |
Name | David Solomon | John E. Waldron | Denis Coleman | Sheara J. Fredman | Ericka Leslie |
---|---|---|---|---|---|
Work History | |||||
Title | Chief Executive Officer | President | Chief Financial Officer | Chief Financial Officer | Chief Administrative Officer |
Status | Current | Current | Current | Current | Current |
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