ER

Elaine Russell

Operating Partner at Greycroft

Los Angeles, California

Overview 

Elaine Russell is an accomplished investor and founder based in Los Angeles, California, with a strong background in e-commerce and product management. She currently serves as an Operating Partner at Greycroft, co-leading the Albertsons Fund, and has held various board member and observer roles in companies like Crafty and Prima. Elaine's career highlights include her role as Co-Founder & CEO of Little Key and her investment in Mesh Digital Services at the seed stage, showcasing her expertise in entrepreneurship and early-stage investments in the retail and marketing tech sectors.

Work Experience 

  • Operating Partner

    2023 - Current

  • Co-lead for Albertsons Fund

    2019

    Lead early stage investments at Greycroft focused on the Future of Retail (B2C and B2B).

Greycroft is a venture capital firm that focuses on technology start-ups and investments in the Internet and mobile markets.

  • Board Member

    2020

Crafty offers a food management platform for managing pantry, catering, cafes, and supplies across multiple offices.

Raised $24,849,995.00 from Firebrand Ventures, Gaingels, 7BC Venture Capital, Tribeca Venture Partners, Greycroft, OCA Ventures, Manifold and Bluestein Ventures.

  • Board Observer

    2021

Lucy Goods is a nicotine alternative company that provides superior nicotine product to eliminate tobacco related harm to zero⁣⁣⁣.

Raised $10,000,000.00 from FundRx, MBX Capital, Karman Ventures (fka Moving Capital), UpHonest Capital, RRE Ventures, Greycroft, Vice Ventures, Y Combinator and Wei Guo.

  • Board Observer

    2021

Digital art platform including a micro-LED display with iconic design, proprietary optimization algorithm for generative art and video.

Raised $12,000,000.00 from WAGMI Ventures, Lerer Hippeau, UTA.VC, Waverley Capital, Jason Nazar, BDMI, Greycroft, Vayner/RSE and Richard Greenfield.

  • Board Observer

    2020

Prima is an award-winning, science-backed whole body wellness brand making potent plant therapeutic skincare, body care and supplements.

Raised $12,475,000.00 from H Venture Partners, Purple Arch Ventures, Global Founders Capital, Emerald Health Therapeutics, Lerer Hippeau, Ben Lamm, Greycroft, Alumni Ventures, Defy.vc and Adam Zeplain.

  • Board Member

    2020 - 2022

  • Board Member

    2021 - 2022

  • Venture Partner

    2019 - 2021

  • Partner

    2017 - 2019

    PLG Ventures is a leading early stage venture capital firm providing seed capital to technology enabled startups. PLG Ventures works hands-on with the founding teams developing their leadership skills and helping them build the best foundation to allow for scalable and successful growth. PLGventures.com

PLG Ventures is a leading early stage venture capital firm providing pre seed and seed capital to technology enabled startups.

  • VP of Product & Strategy

    2016 - 2017

    Hintbox.ai is an AI app that uses behavioral science technology to help improve the financial decisions you make.

  • Co Founder & CEO

    2015 - 2017

    Little Key is a platform for parents to have on-demand access to kid's classes, activities and museums in their city. Acquired by Dabble in 2016.

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