PE/VC  NewSpring Capital

https://newspringcapital.com/





     Office Locations:

120 S Riverside Plaza
Chicago, IL 60606
Phone: 312.342.2700
Fax: 610-567-2388

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Stages:

  • Expansion
  • Growth
  • Middle Market


 

Industries:

  • Business Services
  • Information Technology
  • Life Sciences & Healthcare
  • Manufacturing & Industrial
  • Medical Device

  •  

    Description:

    NewSpring Capital is a family of targeted private equity funds focused on the Mid-Atlantic region of the United States. Since the group's founding in 1999, NewSpring has grown from a single, $90 million venture fund to a family of three funds, representing more than $800 million of capital under management. The NewSpring Capital family of funds includes: NewSpring Growth, a venture fund providing equity capital to growth--and expansion-stage companies focused on enabling technologies, business services, and information technology; NewSpring Healthcare, a diversified health care private equity fund that invests in biopharmaceutical, health care services, and medical device companies; and NewSpring Mezzanine Capital, a mezzanine private equity fund focused on late-stage and buy-out opportunities in business services, information technology, health care, and specialty manufacturing. NewSpring has offices in New York, Boston, Chicago, New Jersey, Pennsylvania, Washington DC, and Baltimore. The firm looks for companies with TTM revenue $10m+.


     

    Funds:


      Fund Name


      Amount


      Date

    Get funds under management for this firm including Fund name, Dollar size of fund raise, and Vintage with a National Database subscription or New York Database subscription.



    Investment Firm Key

       VC = Venture Capital
       PE = Private Equity
       A = Angel
       I = Incubator
       MB = Merchant Bank
       VD = Venture Debt
       FI = Family Investment Office
       FOF = Fund of Funds
       ED = Economic Development Office   
       TT = Technology Transfer Office
       CVC = Corporate Venture Capital
       SEC = Secondary Purchaser
       HF = Hedge Fund/Mutual Fund
       
       
       
    COMPANY STAGEREVENUE
    Venture Capital
    Seed Stage
    (includes "pre-seed," or
    concept stage)
    No Revenue
    Early StageMinimal
    Revenue
    Growth Stage
    (also called Mid-stage)
    $2M-$7M
    Expansion Stage
    (also called Late-stage)
    $7M and greater
    Private Equity
    Lower Middle Market$10M-$249M
    Middle Market$250M-$499M
    Upper Middle Market$500M-$1B
    Large Cap>$1B
       
       
     

    Investment Team:


    Name   Title
    Get the complete investment team + individual email addresses for investment team partners. Get personal images, LinkedIn links, investment specialties, office locations and more with a National Database subscription or New York Database subscription.
    Adam Veverka Partner
    Amy Wang Analyst
    Andrew Panzo General Partner
    Anne Vazquez General Partner
    Brian G. Murphy General Partner

     

    Recent Funding Events (trailing 12 months):


      Date


      Name


      State


      Amount


      Stage


      06/28/2023


      Venn Software


      NY


      $29,000,000


      Series A


     

    Portfolio companies include:

     

    Recent News: