Greymatter.

At Greylock, we are excited by the opportunity to transform the multi-trillion dollar financial services industry with software. At its core, the financial industry is simply infrastructure to exchange resources with unknown people and businesses. Software like Wisetack makes this more seamless, and less "unknown" through data—people and businesses can transact more easily, and everyone benefits. Specifically, when we evaluate fintech companies, we look for 1) real software (more "tech" than "fin"), 2) distribution advantages, and 3) reasonable capital intensity.

After leading Apple's internal offensive security team, and breaking/defending the iPhone and Apple's apps against the world's most sophisticated hackers for nearly a decade, Pierre Betouin and JB Aviat understood in their bones how hard it is to write and maintain secure code.

Prabhas Pokharel and Rob Ochshorn saw the promise of using cutting edge machine learning behind the scenes to create an accessible, intuitive and collaborative interface to video. When you see founder-problem fit, you know it, and we immediately signed up to lead the seed.

Consumers now expect the option to buy now and pay later for countless products they purchase on ecommerce platforms. But paying for in-person services like home and auto repair has remained stuck in the past of credit cards and high-interest loans. Until Wisetack came along. The company developed a suite of APIs for software used by in-person service businesses, allowing them to offer consumer-friendly financings options.

Greylock general partner Sarah Guo discusses the ever-evolving cybersecurity risk landscape and how businesses and governments can proactively protect their data. She is joined by Obsidian Security co-founder and CPO Glenn Chisholm, whose company protects SaaS and cloud services, and New York Times cybersecurity reporter Nicole Perlroth, whose book “This is How They Tell Me the World Ends:The Cyberweapons Arms Race” published February in 2021.

Are diversity and inclusion efforts making a difference in the male-dominated VC and tech industry? Pam Kostka, CEO of the equality-focused nonprofit All Raise, discusses the current landscape with Greylock marketing partner Elisa Schreiber. All Raise, which was launched in 2018, connects women with resources, mentorship, and a network to help them excel in the VC and tech world. Today, All Raise is a community of more than 20,000 people across four major U.S. tech hubs, and has launched a new program to support women seeking board positions at fast-growing tech companies.

Jennifer Haroon has joined Greylock as an Executive in Residence, and I’m thrilled to have her with us. Her experience will be of tremendous value to the existing entrepreneurs in Greylock’s transportation and mobility portfolio, and she’ll be instrumental as we partner with new entrepreneurs in the mobility space. Jennifer is also excited to dig in with the entrepreneurs we back focused on SaaS, productivity and the future of work.

Modern technology is one of the greatest opportunities for wealth creation— with most of the financial returns accruing to the founders, early employees and investors in the breakout startups from each generation.  However, Black, Latinx, and Native American people have been largely shut out of participating in tech startups and venture capital.

We are thrilled to announce that Mike Duboe has been promoted to general partner at Greylock. Today, more than ever, technology is touching every aspect of consumers’ lives. We’re excited to have Mike helping entrepreneurs who are building the next generation of commerce, marketplaces, and network-oriented businesses.