Greenlight

Atlanta, United States Founded: 2014 • Age: 12 yrs
App-based investment platform for kids and teens is operated.
Annual revenue $1.3M Latest available
Total funding $556.5M 6 rounds
Employees 66 Tracked headcount
Investors 23 Known backers
Products 3 Services tracked
Competitors 8 Brand Intelligence

About Greenlight

Greenlight is a company based in Atlanta (United States) founded in 2014 by Timothy Sheehan and Johnson Cook. Greenlight has raised $556.5 million across 6 funding rounds from investors including Truist, Ally and JPMorgan Chase. The company has 66 employees as of March 28, 2024. Greenlight has completed 1 acquisition, including WatchGuard. Greenlight offers products and services including Greenlight App, Debit Card, and Level Up Game. Greenlight operates in a competitive market with competitors including gohenry, FamApp, Junio, Jassby and YPay Card, among others.

  • Headquarter Atlanta, United States
  • Employees 66 as on 28 Mar, 2024
  • Founders Timothy Sheehan, Johnson Cook
  • Stage Unicorn
  • Sectors
    Technology
    Financial Services
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Glt Techserv Private Limited
  • Date of Incorporation 08 Aug, 2022
  • Jurisdiction Bangalore South, Karnataka, India
Operational Areas
Technology → Marketing, Adtech & Commerce Technology Unlock Sub-Sector Unlock Segment
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $1.28 M (USD)
    0
    as on Mar 31, 2023
  • Net Profit
    $132.67 K (USD)
    0
    as on Mar 31, 2023
  • EBITDA
    $270.31 K (USD)
    0
    as on Mar 31, 2023
  • Total Equity Funding
    $556.5 M (USD)

    in 6 rounds

  • Latest Funding Round
    Not available
  • Investors
    Truist

    & 22 more

  • Employee Count
    66

    as on Mar 28, 2024

  • Investments & Acquisitions
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Products & Services of Greenlight

Greenlight offers a comprehensive portfolio of products and services, including Greenlight App, Debit Card, and Level Up Game.

Product name locked
Category locked
Primary

App for kids to track spending, savings, and investments securely.

Product name locked
Category locked
Locked

Card for children to make purchases and learn financial responsibility.

Product name locked
Category locked
Locked

Game that teaches money concepts through interactive financial challenges.

Funding Insights of Greenlight

Greenlight has successfully raised a total of $556.5M across 6 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Greenlight

Greenlight has secured backing from 23 investors, including venture fund and institutional investors. Prominent investors backing the company include Truist, Ally and JPMorgan Chase.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Curql is focused on connecting credit unions with fintech investments.
Locked Locked Locked
Venture capital investments in technology sectors are handled by Andreessen Horowitz.
Locked Locked Locked
Investing in B2B software and fintech for the financial services economy.
Locked Locked Locked
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Investor details for Greenlight

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  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Greenlight

Greenlight has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include WatchGuard.

Investments
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Investment portfolio details for Greenlight

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  • Portfolio identities
  • Transaction dates
  • Round details
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Verified entity values are shown only after access is granted.

Acquisitions
Company Name Description Domain Location Founded Year Amount
Integrated threat management and network security solutions are provided.
Locked Locked 1996 Locked
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Complete acquisition details for Greenlight

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  • Transaction dates
  • Acquired stakes
  • Disclosed values
  • Domains and locations

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Financial Statements - Greenlight

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Detailed financials for Greenlight

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  • Profit trends
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Greenlight Comparisons

Greenlight Primary company
Description
App-based investment platform for kids and teens is operated...
Location
Atlanta, United States
Founded Year
2014
Annual Revenue
$1.28 M (USD)
Net Profit
$132.67 K (USD)
EBITDA
$270.31 K (USD)
Employees
66
As of 2024
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Peer comparison for Greenlight

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

  • Named peers
  • Headcount comparison
  • Funding comparison
  • Operating benchmarks

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Competitors of Greenlight

Greenlight operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as gohenry, FamApp, Junio, Jassby and YPay Card, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Prepaid cards for children with parental spending controls are provided.
Locked Locked Locked
FamApp by Trio is focused on financial inclusion for the next generation through UPI and card payment solutions.
Locked Locked Locked
Provider of a digital payment platform that offers a prepaid RuPay powered smartcard designed for students to manage their day-to-day online and offline expenses, track spending, and earn rewards
Locked Locked Locked
Budget management platform for kids
Locked Locked Locked
Payment cards for teens are issued to manage personal spending.
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Detailed competitors of Greenlight

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  • Domains and locations
  • Full company profiles
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Latest news on Greenlight

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Complete news archive for Greenlight

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  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Greenlight

Greenlight was founded in 2014 and raised its 1st funding round 3 years after it was founded.

Greenlight is headquartered in Atlanta, United States. It is registered at Atlanta, Georgia, United States.

Timothy Sheehan is the current CEO of Greenlight. They have also founded this company.

Greenlight is a funded company, having raised a total of $556.5M across 6 funding rounds to date.

As of Mar 28, 2024, the latest employee count at Greenlight is 66.

Annual revenue of Greenlight is $1.28M as on Mar 31, 2023.

Greenlight was founded in 2014 in Atlanta, United States, as a fintech company focused on youth financial education. An app-based platform is provided for investments targeted at kids and teens, along with debit cards for practical use. Parents are enabled to guide decisions on spending, saving, and money management through integrated tools. Operations center on digital accessibility and parental oversight in the personal finance sector.

Greenlight's top competitors include FamApp, gohenry and BusyKid.

Greenlight offers Greenlight App, Debit Card, and Level Up Game.

Greenlight has made 1 acquisition, including WatchGuard.

Greenlight has 23 investors. Key investors include Truist, Ally, JPMorgan Chase, Live Oak Bank, and Wells Fargo.

The valuation of Greenlight is $2.3B as of Apr 2021.

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