Greylock

Venture capital firm.

Venture capitalEarly stageAIEnterprise software

Active^{Source [3]}^{Source [6]}Last verified Oct 2, 2026

About Greylock

Greylock is a venture capital firm that invests mainly at the pre-seed, seed and Series A stages, across infrastructure, cybersecurity, applications, deep tech, consumer and fintech.^{Source [4]}^{Source [5]}

It was started in 1965 by Bill Elfers, who had worked at American Research and Development under Georges Doriot. Greylock's portfolio has included Airbnb, Coinbase, Discord, Figma, Instagram, LinkedIn, Meta, Okta, Palo Alto Networks, Roblox and Workday.^{Source [1]}^{Source [2]}^{Source [4]}

In July 2026 it announced Greylock 18, a $1.5 billion fund, up from a $1 billion fund in 2023, and expects to back about 25 companies from it. Its 2026 Form D lists a San Francisco address.^{Source [5]}^{Source [3]}

Watch

Opportunities Everywhere: Reid Hoffman and Josh Elman of Greylock Partners by TechCrunch on YouTube

What happened

Started in 1965 by Bill Elfers, with Dan Gregory, in Cambridge, Massachusetts. It invests in early-stage companies, and its 2026 Form D for Greylock 18 lists a San Francisco business address.^{Source [1]}^{Source [2]}^{Source [3]}

Timeline

2026-07Announced Greylock 18, a $1.5 billion fund.^{Source [5]}
2023Raised a $1 billion fund.^{Source [5]}^{Source [2]}
2009Reid Hoffman joined as a partner.^{Source [6]}
1965Started by Bill Elfers.^{Source [1]}^{Source [2]}

Products and brands

Greylock 18: $1.5 billion early-stage fund announced in July 2026.^{Source [5]}

How it makes money: Raises limited partnership funds from investors and invests them in early-stage startups; the general partner may receive management fees.^{Source [3]}^{Source [5]}

Leadership

Saam Motamedi	Partner^{Source [7]}^{Source [5]}
Asheem Chandna	Partner^{Source [7]}
Jerry Chen	Partner^{Source [7]}
Reid Hoffman	Partner^{Source [7]}^{Source [6]}

Funding and financials

Latest fund: $1.5 billion (Greylock 18, July 2026)^{Source [5]}^{Source [2]}

People on Founded, and where they went next

1 person on record, connected to 7 other companies.

Person	Here	Also built
Reid Hoffman	Partner, General Partner2009 to now	Manas AI2025ActiveInflection AI2022ActiveMicrosoft2017 to nowIPOLinkedIn2002 to 2016AcquiredPayPal2000 to 2002IPOConfinity1998 to 2000MergedSocialNet.com1997 to 2000Status unknown

Sources

Bill Elfers, Greylock. Accessed Oct 2, 2026.
Greylock Partners, Wikipedia. Accessed Oct 2, 2026.
Greylock 18 Limited Partnership Form D, SEC EDGAR, 2026-06-09. Accessed Oct 2, 2026.
Firm, Greylock. Accessed Oct 2, 2026.
Why Greylock capped its new fund at $1.5B when it says it could have raised more, TechCrunch, 2026-07-15. Accessed Oct 2, 2026.
Reid Hoffman, Greylock. Accessed Oct 2, 2026.
Team, Greylock. Accessed Oct 2, 2026.

Suggest a correction / Editorial policy