About NewSpring
NewSpring is a private equity firm founded in 1999. It is primarily based in Radnor, United States. As of Jul 2026, NewSpring is an active investor with a portfolio of 244 companies, comprising 244 funding rounds and 19 acquisitions. In the last 12 months, it has participated in 4 funding rounds. The firm primarily invests in companies based in United States and Canada. Its portfolio is spread across a wide range of sectors from Enterprise Applications to Business Services. Its latest investment was a $***** Series D round in Honest Health on Feb 26, 2026 which also saw participation from K2 HealthVentures, Rubicon Founders and other investors.
Overall NewSpring portfolio has seen 2 unicorns, 4 IPOs and 109 acquisitions including key companies like Innovid, Vacasa and EDB. A lot of funds co-invest with NewSpring, with names like LLR Partners sharing a substantial percentage of its portfolio.
NewSpring has a team of 55 people, including 22 partners.
Key Metrics
NewSpring's Portfolio
NewSpring has a portfolio of 244 companies. They have invested in a total of 244 companies. Their most recent investment was in Honest Health (Series D round) on Feb 26, 2026. Here are the most recent investments by NewSpring:Date | Company | Round | Amount | Co-Investors |
|---|---|---|---|---|
Feb 26, 2026 | Series D | 2335 | ||
Dec 16, 2025 | Seed | 5279 | ||
Sep 30, 2025 | Series C | 1798 | - | |
Sep 24, 2025 | Series B | 5044 |
NewSpring has acquired 19 companies. Their most recent acquisition was of CoreX on Nov 18, 2024. Here are the most recent acquisitions by NewSpring:
Acquisition Date | Company | Short Description | Total Funding | Founded Year |
|---|---|---|---|---|
Nov 18, 2024 | Consultancy firm that specializes in connecting and streamlining the core business operations | - | 2009 | |
Oct 16, 2024 | Provider of cloud, security, and other services | - | 2004 | |
Oct 08, 2024 | Provider of radar system and contract engineering services for telecommunication infrastructures | - | 2006 | |
Sep 26, 2023 | Indoor air quality experts: mold remediation, odor removal, disinfection services | - | 2013 |
Here is the portfolio snapshot of NewSpring:
Investments by Year
The maximum number of investments were made in 2021
Acquisitions by Year
The maximum number of acquisitions were made in 2024
Portfolio by Location
Companies are primarily in United States and Canada
Portfolio by Sector
Companies are primarily in Enterprise Applications
Team profile of NewSpring
NewSpring has a team of 55 members including 22 Partners and 14 Principals located in United States. NewSpring's team sits on the board of 5 companies.Here is a list of top team members in NewSpring:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Devon | |||
Partner | Wayne | - | ||
Partner | Philadelphia | - | ||
Partner | Wayne | |||
Partner | Wayne | |||
Partner | West Chester | - | ||
Partner | Philadelphia | - | ||
Partner | Radnor | - | ||
Partner | Radnor | - | ||
Partner | Denver | - | ||
Partner | Radnor | - |
Co-investors of NewSpring
Over the past 27 years, 117 investors have co-invested in NewSpring's portfolio companies.
- Top Co-investors of NewSpring: 117 investors entered a company along with NewSpring. These include investors like LLR Partners (4 companies).
NewSpring News
•
Honest Health Raises $140M, Plans Market and Partnership ExpansionsNashville Post•Feb 26, 2026•K2 HealthVentures, Rubicon Founders, NewSpring, Honest Health and 3 others
•
•
Curalta Foot & Ankle Receives InvestmentFinSMEs•Dec 16, 2025•Bluwave Capital, SharpVue Capital, North Haven Capital, BPEA and 2 others
•
•
Bite Investments Announces $25M in Funding from NewSpring GrowthCrowdfund Insider•Oct 07, 2025•Bite Investments, NewSpring
•
Bite Stream Receives Funding from NewSpring CapitalEuropa Press•Sep 30, 2025•Bite Investments, NewSpring
•
C Speed Unveils New Website, Brand Identity & Refreshed Go-to-Market StrategyPR Newswire•Jun 17, 2025•C Speed, NewSpring
•
•
Kincell Bio Completes $22M Financing RoundMassinvestor•May 23, 2025•Kincell Bio, NewSpring, Kineticos
•