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Marketplaces & Commerce

Backing the new wave of buying experiences.

Overview

Greylock has a long history of early-stage partnership with networks & marketplaces across consumer and b2b domains. As former growth and product practitioners, we've long been obsessed with building levers to establish network effects businesses. These models can be very challenging to get off the ground, but when they work, they can really work. And these learnings compound – our early investments in iconic consumer marketplaces like Airbnb and Redfin yielded more recent investments in the current wave of B2B and labor marketplaces like Instawork or Inventa.

While marketplaces are one commerce business model we love, we are also excited to partner with application & infrastructure layer projects powering the next wave of consumer & b2b commerce. And just as AI will enable the next wave of service- and vertical marketplaces, we also believe AI will amplify new sales & marketing channels like Postscript with SMS, and accelerate adoption of B2B commerce solutions in older industries, like Pepper with foodservice.

brian chesky
Brian Chesky // Airbnb

Belong Anywhere

In 2010, Airbnb was still in its early days. But it was clear that co-founders Brian Chesky, Joe Gebbia and Nate Blecharczyk had a transformational idea: to redefine the travel experience with a platform powered by individuals. Instead of another travel booking website, they built a living system, with human connection and a sense of belonging at the center of it all. Within a year, Airbnb was worth more than $1 billion, and in December 2020, the company went public (Nasdaq: ABNB). Today, travelers and locals alike can belong anywhere by booking one of millions of listings and thousands of experiences across hundreds of countries and regions.

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B2B Marketplaces

Bringing modern consumer discovery & transaction experiences to the B2B world.

Amplify MD Logo

Telemedicine platform connecting medical institutions with specialists.

AmplifyMD connects medical institutions with a lack of specialty access – often in rural or small regions of the United States – to a network of leading specialists. The company provides both the clinical team as well as the software to streamline and automate virtual care delivery and billing workflows and integrates seamlessly with hospitals’ existing EHRs.

DOMAIN

Marketplace & Commerce

FIRST PARTNERED

Seed

CURRENT STATUS

Active

INVESTORS

David Thacker

LEADERSHIP

Meena Mallipeddi, Co-Founder & Chief Executive Officer

Anand Nathan, Co-Founder & Chief Product Officer

HQ

Los Gatos, CA

B2C Marketplaces

Connecting consumers with products and services.

GoFundMe Logo
DOMAIN

Marketplace & Commerce

FIRST PARTNERED

Series A

CURRENT STATUS

Active

INVESTORS

James Slavet

LEADERSHIP

Tim Cadogan, CEO

HQ

Redwood City, CA | USA

Commerce

Enabling the next generation of B2B and B2C commerce.

fermat logo

AI-driven customer journey platform.

FERMÀT is the next generation of influencer driven e-commerce, where influencers and brands collide. FERMÀT provides the tooling and the network to enable distributed commerce. We help brands easily embed shopping experiences in influencer content, so the influencer’s audience has a native, engaging shopping experience.

DOMAIN

AI, Marketplace & Commerce

FIRST PARTNERED

Seed

CURRENT STATUS

Active

INVESTORS

Saam Motamedi

LEADERSHIP

Rishabh Jain, CEO

Shreyas Kumar, CTO

HQ

San Francisco, CA

Pepper Logo

The eCommerce platform for food distributors.

Pepper is the eCommerce platform for food distributors. Thousands of restaurants, grocery stores, and convenience stores, across N. America, order from their distributors on an ordering system that’s powered by Pepper. On average, food distributors using Pepper see 14% sales growth and 77% reduction in order entry time.

DOMAIN

Marketplace & Commerce, SaaS

FIRST PARTNERED

Seed

CURRENT STATUS

Active

INVESTORS

Mike Duboe

LEADERSHIP

Bowie Cheung, Co-Founder

Chetan Narain, Co-Founder

Ivana Tesanovic, Co-Founder

HQ

New York City, NY | Remote

Postscript Logo

SMS marketing for growing Shopify stores.

Postscript is the leading ecommerce SMS platform that enables brands to communicate and engage with customers through text message marketing. Built to connect directly with Shopify and Shopify Plus merchants, Postscript provides technology for brands to segment lists, create deep data flows, and respect the inbox of consumers.

DOMAIN

Marketplace & Commerce, SaaS

FIRST PARTNERED

Series B

CURRENT STATUS

Active

INVESTORS

Mike Duboe

LEADERSHIP

Adam Turner, CEO

Colin Turner, COO

Alex Beller, President

HQ

Postscript is a fully remote company.

Investors

Mike Duboe

link

Reid Hoffman

link

Saam Motamedi

link

Insights

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The Rise of Headless Commerce
Greymatter // Mike Duboe

The Rise of Headless Commerce

link
Creating Commerce Opportunities

Creating Commerce Opportunities

link
Mike Duboe
Greymatter // Mike Duboe

The Post-ATT World

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Learn more about open roles at Greylock-backed marketplaces & commerce companies.

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