The series was led by Andreessen Horowitz with participation from return investors TTV Capital, Canapi Ventures, Wells Fargo Strategic Capital, BOND, Fin VC, Goodwater Capital, as well as new investors Wellington Management, Owl Ventures and LionTree Partners. This brings Greenlight's total funding to over $550 million and increases the company's valuation from $1.2 billion to $2.3 billion in a six-month period. The investment will further fuel Greenlight's rapid growth as the company expands its product and distribution to improve the financial lives of even more families.

Greenlight Financial Technology is a fintech company committed to empowering parents to raise financially-smart kids. Its groundbreaking family finance product, Greenlight, is a comprehensive, all-in-one money management platform purpose-built for families. With a parent-managed debit card for kids and companion app, parents can automate allowance, manage chores, set flexible spend controls and enable their kids to become investors. Kids explore lessons in earning, saving, spending, giving and investing while learning to make real-world tradeoff decisions.