Greenspring Associates
Greenspring Associates is a venture capital firm that invests primarily in the information technology, biotechnology, healthcare and telecommunications sectors. The firm is based in Owings Mills, Maryland and maintains an office in Palo Alto, California. The company is led by two Managing General Partners, C. Ashton Newhall and James "Jim" Lim, along with Partners Hunter Somerville, John Avirett, and Seyonne Kang and Chief Operating Officer Eric Thompson.
According to the firm's website and other sources such as Bloomberg and SEC filings, Greenspring Associates specializes in venture capital fund, direct and secondary investing while also providing bespoke solutions on behalf of large institutions. As of January 2020, the firm managed over $10B USD in assets under management on behalf of a wide range of global institutions.History
Greenspring Associates was founded in 2000 as Montagu Newhall Associates by C. Ashton Newhall, son of New Enterprise Associates' co-founder, venture capitalist Chuck Newhall, and Rupert Montagu.
In 2010, the firm became "Greenspring Associates".
The firm's historical direct investments include Chewy.com, Fuze, Everything But The House, ExactTarget, NeoTract, Inc., euNetworks, GrubHub, Cologix, Cvent, Gigya, Intarcia Therapeutics, Workfront, Teamviewer, DemandBase, Proofpoint, ChannelAdvisor, Cameron Health, ScanSafe and Assent Compliance.
