Predict your next investment

Private Equity
greylockcapital.com

See what CB Insights has to offer

Investments

1

Funds

2

About Greylock Capital Management

The firm is a registered investment adviser that seeks high risk related returns through an event driven strategy of identifying and extracting value from the emerging and/or inefficient markets in Asia, Eastern Europe, Africa, and Latin America.

Greylock Capital Management Headquarter Location

285 Madison Avenue 24th Floor

New York, New York, 10017,

United States

(212)808-1800

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Research containing Greylock Capital Management

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Greylock Capital Management in 1 CB Insights research brief, most recently on Oct 15, 2021.

Latest Greylock Capital Management News

Leading Payroll API, Atomic, Announces $22 Million Series A To Build A New Generation Of Bank Accounts

Oct 13, 2021

Leading Payroll API, Atomic, Announces $22 Million Series A To Build A New Generation Of Bank Accounts Trusted payroll connectivity solution will use the funds to double down on talent acquisition while scaling its best-in-category product experience. SALT LAKE CITY, October 12, 2021-- Atomic, the market leading provider for payroll connectivity, announced today that it has secured $22 million in Series A financing to expand its payroll integration platform and grow its team. The funding comes as the firm's solution is on pace to reach more than 120 million Americans, or 75% of the country, by year end. Atomic has raised more than $38.6 million since its founding in 2019. Core Innovation Capital led the latest round of funding, with participation from existing investors Portag3 Ventures and Greylock Capital Management. "We created Atomic to help the most financially vulnerable members of our society access transparent financial services that they can trust," said Jordan Wright, Co-founder and CEO of Atomic. "Our traction with customers is a testament to our product experience," said Scott Weinert, Co-founder and CTO. "This infusion of capital will be focused on continuing to deliver cutting-edge financial solutions," Atomic's payroll APIs are the leading way for consumers to securely connect their payroll accounts to a third-party banking app to set up or switch direct deposit payments and to access financial data for income (VOI) and employment (VOE) verifications. Institutional customers leverage Atomic's payroll connectivity to empower end consumers to harness the power of their paychecks and permit access to their financial data trapped in employer payroll systems. Atomic is trusted by more than 40 financial institutions, fintech and technology firms, including 11 of the largest consumer finance apps. Atomic was created to build a new generation of bank accounts and transform banking applications into consumer-centric platforms. Its technology is enabling innovative fintech solutions that reach more than 1.5 million unique consumers a month through leading financial providers, including: • Coinbase, to enable greater access to the cryptoeconomy, through trading, spending, saving, and earning; • Dave, to help consumers avoid predatory overdraft fees on its mission to create financial opportunity that advances America's collective potential; • Welcome Tech, to provide unbanked immigrants with access to checking and savings accounts; • Propel, to help consumers manage government benefits and money through its financial app, Providers; • Lendtable, to empower employees to optimize their benefits and retirement planning; • Klover, to help consumers improve their financial freedom and access their earned wages early; • Unfimoney, to help next-gen investors achieve long-term investment and savings goals; • Bond, to enable developers and brands to embed financial products and build the next generation of personalized fintechs; • MX, to empower the world to be financially strong through data-driven money experiences. "Today's broken financial services infrastructure hurts everyday Americans, especially those living paycheck to paycheck," said Arjan Schütte, Founder and Managing Partner of Core Innovation Capital. "Atomic is at the forefront of creating a faster, safer and more inclusive financial infrastructure and shares Core's mission of financial empowerment." About Atomic Atomic is the market leading provider of payroll APIs, trusted by 11 of the largest fintech firms, including digital-first neobanks, alternative lenders, and digital brokerages. Atomic's payroll integrations provide the infrastructure to connect end consumers to their financial data and automate setting up and updating direct deposits. Atomic is a member of the Financial Health Network, a nonprofit network of leading-edge financial services and financial technology providers committed to consumer- and employee-focused financial health innovations. Atomic's vision is to enable wealth creation for consumers by building more on-ramps to financial services. Atomic simplifies complicated payroll integrations with a single API that covers over 450 unique payroll connections. Including incumbent payroll providers, bespoke enterprise solutions, modern HR tech providers, gig-economy platforms and government systems, Atomic's payroll APIs cover 75% of the U.S. workforce with a combined reach of 120 million workers. Atomic has raised $38.6 million from investors, including Core Innovation Capital, Portag3, and Greylock. If you are curious about the intersection of fintech and payroll, as well as Atomic's latest Insights, we can personally add you or you can subscribe here. Contact:

Greylock Capital Management Investments

1 Investments

Greylock Capital Management has made 1 investments. Their latest investment was in Atomic as part of their Series A on October 10, 2021.

CBI Logo

Greylock Capital Management Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

10/5/2021

Series A

Atomic

$22M

Yes

3

Date

10/5/2021

Round

Series A

Company

Atomic

Amount

$22M

New?

Yes

Co-Investors

Sources

3

Greylock Capital Management Fund History

2 Fund Histories

Greylock Capital Management has 2 funds, including Greylock Africa Opportunity Fund.

Closing Date

Fund

Fund Type

Status

Amount

Sources

11/10/2009

Greylock Africa Opportunity Fund

Mezzanine (Captive)

$80M

1

Greylock Latin America Opportunity Fund

Subscribe to see more

$99M

10

Closing Date

11/10/2009

Fund

Greylock Africa Opportunity Fund

Greylock Latin America Opportunity Fund

Fund Type

Mezzanine (Captive)

Subscribe to see more

Status

Amount

$80M

$99M

Sources

1

10

Greylock Capital Management Team

6 Team Members

Greylock Capital Management has 6 team members, including current Chief Executive Officer, Hans Humes.

Name

Work History

Title

Status

Hans Humes

Chief Executive Officer

Current

AJ Mediratta

President

Current

John C Maguire

Chief Operating Officer

Current

Jonathan Prin

Managing Director

Current

Christopher Tackney

Managing Director

Current

Name

Hans Humes

AJ Mediratta

John C Maguire

Jonathan Prin

Christopher Tackney

Work History

Title

Chief Executive Officer

President

Chief Operating Officer

Managing Director

Managing Director

Status

Current

Current

Current

Current

Current

CB Insights uses Cookies

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.