About Springboard Enterprises
Springboard Enterprises, an accelerator and incubator program founded in 2000, is based in Washington, DC, United States. With a presence in 17 countries, it has supported around 512 startups in sectors like Enterprise Applications, Life Sciences. As of Aug 2026, Springboard Enterprises has 1 unicorn under its belt and has witnessed 97 portfolio exits. Most notable companies in
its portfolio include iRobot, Canva and ClassPass. The program is backed by a team of 35 people who primarily support Seed startups based in United States. Its latest investment was a $4.5M Series A round in Andel on Oct 20, 2025, which also saw participation from Lightbank and Seedcamp.
Key Metrics
Founded Year
2000
Location
Washington, DC, United States
Sectors of Investment
Stages of Investment
Seed, Grant (prize money) & 1 more
Locations of Investment
Unicorn in Portfolio
Springboard Enterprises' List of Top Investments
Springboard Enterprises has a portfolio of 512 companies, one of which is a Unicorn. Their most notable investments are in Cherry Pick and Obzervr.Their portfolio spans across United States, Australia, Canada and 14 more locations. They have invested in Enterprise Applications, Life Sciences, HealthTech and 32 other sectors, across stages such as Seed, Grant (prize money) and 1 more. Here is the list of top investments by Springboard Enterprises:1. iRobot
Provider of cleaning robots for domestic purpose. The product catalog includes robot vacuums, smart air purifiers, robot mops, handles vacuum cleaners, and more. It has features include voice controls, multi-surface brushes, dirt sensors, and more.
Key facts about iRobot
- Founded Year: 1990
- Location: New Bedford (United States)
- Annual Revenue: $100M - $500M as on Dec 31, 2024
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $13M
- Employee Count: 997 as on Jun 30, 2026
- Investors: 27th Street Capital, Initiative Equity Partners and 10 Others
- Latest Funding Round: Conventional Debt, Jul 06, 2018, $*****
- Highlight: Acquired

2. Canva
Cloud-based collaborative design platform. It enables users to create various digital content, including social media posts, presentations, and videos, through its drag-and-drop editor. The platform provides access to thousands of templates, photos, and fonts, and offers AI-powered tools for users to enhance design abilities. It allows users to edit images for presentations, invitations, posters, flyers, business cards, and more. The platform offers pre-designed templates and effects. It also provides a stock library of photographs, illustrations, and images.
Key facts about Canva
- Founded Year: 2012
- Location: Surry Hills (Australia)
- Annual Revenue: $500M - $1B as on Dec 31, 2022
- Valuation: $*****
- Stage: Series F
- Total Funding till date: $589M
- Employee Count: 17,467 as on Jun 30, 2026
- Investors: T. Rowe Price, Dragoneer Investment Group and 55 Others
- Latest Funding Round: Series F, May 01, 2024, $*****
- Highlight: Editors' Pick
3. ClassPass
ClassPass is a membership program for fitness classes across multiple gyms and studios. Members can access multiple varieties of classes and engagement in their fitness regime, all at a fixed price. Participating studios benefit by attracting new students and profitably filling excess capacity in classes. ClassPass has also started corporate membership programs.
Key facts about ClassPass
- Founded Year: 2013
- Location: New York City (United States)
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $550M
- Employee Count: 914 as on Jun 30, 2026
- Investors: eversourcecap.com, Spur Capital and 64 Others
- Latest Funding Round: Series E, Jan 08, 2020, $*****
- Highlight: Acquired
Digital marketing platform for businesses. It simplifies and amplifies online marketing efforts for small businesses. It provides a range of tools and solutions to drive sales, grow a customer base, and engage with target audiences. It specializes in email marketing, SMS, social media, and CRM tools for small businesses
Key facts about Constant Contact
- Founded Year: 1998
- Location: Waltham (United States)
- Annual Revenue: $100M - $500M as on Dec 31, 2014
- Stage: Acquired
- Total Funding till date: $37M
- Employee Count: 1,150 as on Jun 30, 2026
- Investors: El Toro Capital Management, Siris Capital and 14 Others
- Latest Funding Round: Post IPO, Oct 07, 2025, $*****
- Highlight: Acquired
5. Zipcar
Operator of a network providing on-demand access to shared vehicles. The service allows members to reserve vehicles for short periods. Included are standard damage protection, maintenance, and support. The program offers options for both personal and business use.
Key facts about Zipcar
Springboard Enterprises' Year-on-Year Investment Trends
Springboard Enterprises has invested in 512 companies over the last 10 years, with an average of 1 new investment annually in the last 10 years. In 2025, it made 3 investments. Its most recent first time investment was in Andel.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 3 | 0 | 3 |
2024 | 0 | 0 | 0 |
2023 | 0 | 0 | 0 |
2022 | 0 | 0 | 0 |
2021 | 0 | 0 | 0 |
2020 | 0 | 0 | 0 |
2019 | 1 | 0 | 1 |
2018 | 1 | 0 | 1 |
Springboard Enterprises' Investments by Stage
Springboard Enterprises has made 4 investments in Seed stage with an average round size of $4.25M, 1 investment in Grant (prize money) stage and 1 investment in Series A stage with an average round size of $4.5M.Stage of entry | No. of Investments |
|---|---|
Seed | 4 |
Grant (prize money) | 1 |
Series A | 1 |
Note: We have considered here, only first round of investments
Springboard Enterprises' Investments by Sector
Springboard Enterprises has a diverse portfolio, with companies operating in the Enterprise Applications, Big Data - Industry Applications, HealthTech, Blockchain - Industry Applications and Blockchain Technology. Notably, it has invested in 426 Tech companies, 351 Enterprise (B2B) companies, 237 Software companies and at least 127 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
Enterprise Applications | 4 |
Big Data - Industry Applications | 2 |
HealthTech | 2 |
Blockchain - Industry Applications | 1 |
Blockchain Technology | 1 |
Others | 8 |
Note: We have considered here, only first round of investments
Springboard Enterprises' Investments by Geography
Springboard Enterprises has made most investments in United States (5), followed by Australia where it has made 1 investment.Country | No. of Investments |
|---|---|
United States | 5 |
Australia | 1 |
Note: We have considered here, only first round of investments
Springboard Enterprises' recent investments
Springboard Enterprises has not made any investment in 2026 so far.Here are the most recent investments by Springboard Enterprises:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Oct 20, 2025 | United States | Series A | 9037 | [+3] | |
Oct 20, 2025 | United States | Seed | 6258 | [+3] | |
Mar 25, 2025 | United States | Grant (prize money) | 3282 | - | |
Feb 04, 2019 | United States | Seed | 9606 | ||
2018 | United States | Seed | 4009 | - |
Unicorns in Springboard Enterprises' Portfolio
Springboard Enterprises has 1 unicorn in its portfolio - Medable. The most recent unicorn in their portfolio is Medable which became a unicorn in 2021, 4 years before Springboard Enterprises first invested in it.Here is a list of unicorns in Springboard Enterprises' portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
70 | Provider of a cloud based clinical trail management tool for researchers | 2012 | Palo Alto | Series D | wopgxrt |
IPOs and Publicly Listed companies in Springboard Enterprises' Portfolio
10 of Springboard Enterprises' portfolio companies have become public. BioAge Labs got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in Sep 2024 at marketcap of $615M and MyndTec got listed on the Canadian Securities Exchange (CSE) at marketcap of $17.2M.Here are Springboard Enterprises' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Sep 26, 2024 | - | - | 3145 | |
Feb 24, 2022 | - | - | 2583 | |
Dec 06, 2021 | - | - | 2756 | |
Oct 29, 2021 | - | - | 3655 | |
Sep 18, 2020 | - | - | 4897 |
Acquired companies in Springboard Enterprises' Portfolio
87 companies from Springboard Enterprises' portfolio have been acquired. The most recent acquisition was SPR in May 2026 by Medtronic for $*****.Here are Springboard Enterprises' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
May 21, 2026 | - | - | 4978 | |
Apr 28, 2026 | - | - | 2834 | |
Mar 05, 2026 | - | - | 9799 | |
Jan 01, 2026 | - | - | 3543 | |
Sep 24, 2025 | - | - | 2451 |
Team profile of Springboard Enterprises
Springboard Enterprises has a team of 35 members including 9 Partners, 2 Venture Partners and 1 Principal located in United States. Springboard Enterprises' team does not sit on the board of any company as of now.Here is a list of top team members in Springboard Enterprises:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Chicago | - | ||
Partner | United States | - | ||
Partner | United States | - | ||
Partner | United States | - | ||
Partner | United States | - | ||
Partner | United States | - | ||
Partner | United States | - | ||
Partner | United States | - | ||
Partner | New York City | - | - | |
Venture Partner | United States | - |
Co-investors of Springboard Enterprises
Over the past 10 years, 19 investors have co-invested in Springboard Enterprises's portfolio companies. This includes funds and angels.
- Invested before Springboard Enterprises: XRC Ventures, RevTech Ventures and 5 others have invested in rounds before Springboard Enterprises. There is 1 company where XRC Ventures has invested before Springboard Enterprises and 1 company where RevTech Ventures has invested before Springboard Enterprises.
- Top Co-investors of Springboard Enterprises: 11 investors entered a company along with Springboard Enterprises. These include investors like Lightbank (2 companies).
- Invested after Springboard Enterprises: Brilliant Ventures (1 company) is the only investor which has invested in Springboard Enterprises's portfolio after their investments.
Recent News related to Springboard Enterprises
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Springboard Enterprises Announces 17 Members of Inaugural 2023 Digital Health CouncilBusiness Wire•Sep 06, 2023•Springboard Enterprises
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Venture Accelerator Springboard Hits $20 Billion Grand SlamBusiness Wire•Oct 22, 2019•Springboard Enterprises
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