PE/VC  Spring Capital

http://www.springcap.com





     Office Locations:

The Foxleigh Building, Suite 340
2330 W. Joppa Road
Lutherville-Timonium, MD 21903
Phone: 410-685-8000
Fax: 410-545-0015

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Stages:

  • Early
  • Expansion
  • Growth
  • Middle Market


 

Industries:

  • Communications & Networking
  • Consumer Products & Services
  • Energy & Clean Tech
  • Information Technology
  • Life Sciences & Healthcare
  • Manufacturing & Industrial
  • Media & Digital Media
  • Retail & Restaurant
  • Software & Internet
  • Transportation & Distribution

  •  

    Description:

    Spring Capital was established in 1999 and has over $600 million invested or under management. The firm provides capital to small and medium-sized private companies, with annual revenues in the range of $10 million to $150 million, and strong projected earnings growth. While most investments are in middle and later stage companies, the firm will consider early stage companies that can prospectively service debt. Spring Capital does not focus on any particular industries, but has a geographic focus on the Mid-Atlantic region. A typical Spring Capital financing is $2 million to $20 million in size, in the form of subordinated debt with detachable warrants to purchase common stock.


     

    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.



    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.
    Brian C. McDaid Vice President
    Chad A. Rigdon Director
    Derek M. Russell CFA Associate
    Hobart C. Buppert II Advisory Board
    John C. Acker General Partner

     

    Recent Funding Events (trailing 12 months):


      Date


      Name


      State


      Amount


      Stage


      02/22/2024


      Crisp


      NY


      $50,000,000


      Venture Debt & Equity


     

    Portfolio companies include:


      Crisp


      SocialClimb
        web link


      Twelve Labs
        web link


     

    Recent News: