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Greenlight

Family banking app and debit card teaching kids and teens money skills, with parent controls and chores
Fintech 📍 Atlanta, GA Founded 2014
Current Valuation
$2.3B
as of 2021-Q2
UNICORN
Greenlight is the largest U.S. family-banking app, with millions of paying parents on a subscription plan ($5.99 - $14.98/mo) covering kid/teen debit cards, chores, allowance automation, and investing accounts. Sacra estimates ~$229M revenue in 2024, up 16% YoY. Valuation last marked at $2.3B in 2021; the company has not raised since and is widely expected to need a fresh round or strategic exit before any IPO.

Company Profile

CEO
Tim Sheehan
Founded
2014
HQ
Atlanta, GA
Employees
~500
Total Raised
$556M
Est. Revenue
$229M (2024-FY)
Growth
+16% YoY
Last Round
Series D — $260M (Apr 2021) · Lead: Andreessen Horowitz
IPO Status
private

Founders & Key People

Tim SheehanJohnson Cook

Investors

Andreessen Horowitz · TTV Capital · Canapi Ventures · Drive Capital · Wells Fargo Strategic Capital

Products

  • Greenlight debit card (kids/teens)
  • Greenlight Max (with investing)
  • Greenlight Infinity (identity protection)
  • Greenlight for Banks
  • Greenlight + Education

Competitors

GoHenry · Step · Copper Banking · Acorns Early · Current
FintechFamily FinanceKids DebitSubscription
Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of 2021-Q2. Refreshed quarterly.