About Spring St. Group
Spring St. Group is a venture capital firm founded in 2018. It is primarily based out of New York City, United States. As of Mar 2021, Spring St. Group has invested in 26 companies. It primarily invests in Seed round in United States based startups. Its investments are spread across a wide range of sectors from Retail to Enterprise Applications and Life Sciences. Most recently it participated in the $***** Seed round of Even Overall, Spring St. Group portfolio has seen 2 unicorns, 3 IPOs and 4 acquisitions including key companies like Wendy's International, Klarna and Neo Financial. A lot of funds co-invest with Spring St. Group, with names like Align Ventures sharing a substantial percentage of its portfolio. Spring St. Group has team of 7 people including 4 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed
Portfolio IPOs
Portfolio Unicorns
Portfolio Soonicorns
Spring St. Group's List of Top Investments
Spring St. Group has a portfolio of 26 companies, including 2 unicorns. Their most notable investmentis in EvenTheir portfolio spans across United States, Canada, Spain and 2 more locations. They have invested in Retail, Enterprise Applications, Life Sciences and 15 other sectors, across stages such as Seed stage. Here is the list of top investments by Spring St. Group:1. Samba
AI-based platform offering ad data management solutions. It connects Smart TVs, Set-Top Boxes, Smart Phones, and Tablets in order to provide a multichannel advertising platform by integrating user interests and activity across devices. Provides tools to engage viewers on-screen contextually to provide personalized recommendations to viewers based on their interests. It leverages ML that utilizes customer data to power decision-making and optimize the audience journey. It monetizes through a subscription-based model.
Key facts about Samba
- Founded Year: 2008
- Location: San Francisco (United States)
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $46.3M
- Employee Count: 384 as on Dec 31, 2022
- Investors: August Capital, Union Grove Venture Partners and 20 Others
- Latest Funding Round: Venture Debt, Dec 08, 2025, $*****
- Highlight: Editors' Pick
Key facts about Wendy's International
- Founded Year: 1969
- Location: Dublin (United States)
- Annual Revenue: $2.25B as on Dec 31, 2024
- Stage: Public
- Employee Count: 15,300 as on Dec 31, 2023
- Investors: Trian Partners, Four Rivers and 5 Others
- Highlight: Public
3. Klarna
Developer of an online platform for point-of-sale financing. It enables users to purchase products within the partnered merchant network and split the cost of the purchase from the stores into interest-free payments and also works in-store. It also enables users to make instalment payments by credit or debit cards on retail purchases, receive price changes, and deal alerts. Its mobile application is available on Android and iOS platforms.
Key facts about Klarna
- Founded Year: 2005
- Location: Stockholm (Sweden)
- Annual Revenue: £493 as on Dec 31, 2024
- Stage: Public
- Total Funding till date: $4.19B
- Employee Count: 369 as on Dec 31, 2023
- Investors: Harmony Venture Partners, SeedFord Partners and 129 Others
- Latest Funding Round: Conventional Debt, Aug 21, 2025, $*****
- Highlight: Public
Provider of financial products and services including credit cards, accounts, and investment options. It offers various credit card options with cashback rewards. Account services include everyday accounts and high-interest savings accounts. Investment options are also available through expertly managed portfolios. It also offers customized financial and loyalty solutions for businesses and brands. This platform enables organizations to enhance customer engagement through integrated rewards programs leveraging a robust cashback network. It also provides financial services and education for teenagers by offering financial tools, including a spending card with cashback rewards and a high-interest savings account, designed to help young individuals manage their money effectively. Its app is available across Android and iOS platforms.
Key facts about Neo Financial
- Founded Year: 2019
- Location: Calgary (Canada)
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $294M
- Employee Count: 751 as on Nov 30, 2024
- Investors: Breyer Capital, Valar Ventures and 21 Others
- Latest Funding Round: Series D, Nov 11, 2024, $*****
- Highlight: Editors' Pick
5. Coterie
Clean, high-performing baby care: diapers, wipes, and skincare essentials, offering premium diapering solutions with high-performing, dermatologist-tested, and hypoallergenic products. They design diapers to minimize leaks, blowouts, and diaper rash, using soft, apparel-grade materials. The company provides a range of baby care items, including wipes for babies and toddlers, skincare for hair, body, and diapering, and even swimsuits. They focus on safety, transparency, and sustainability, sourcing plant-based ingredients and investing in sustainable materials research and development. They offer a subscription service for convenient delivery and savings, with options to manage sizing and shipment dates. They also donate diapering essentials to families in need, demonstrating a commitment to community support. The business model includes e-commerce, subscription, cart, login, and social media engagement.
Key facts about Coterie
- Founded Year: 2012
- Location: San Francisco (United States)
- Stage: Acquired
- Total Funding till date: $40M
- Employee Count: 1 - 10 as on Jul 01, 2024
- Investors: Uncork Capital, ICLUB and 18 Others
- Latest Funding Round: Angel, Mar 08, 2023, $*****
- Highlight: Acquired
Spring St. Group's Year-on-Year Investment Trends
Spring St. Group has invested in 26 companies over the last 5 years, with an average of 0 new investment annually in the last 5 years. Its most recent first time investment was in Even.Spring St. Group's Investments by Stage
Spring St. Group has made 1 investment in Seed stage with an average round size of $1.5M.Spring St. Group's Investments by Sector
Spring St. Group has a portfolio focused on Life Sciences. Notably, it has invested in 17 Tech companies, 13 Enterprise (B2B) companies, 11 Consumer (B2C) companies and at least 7 companies focusing on Software.Spring St. Group's Investments by Geography
Spring St. Group has made most investments in United States (1).Spring St. Group's recent investments
Spring St. Group has not made any investment in 2026 so far.Here are the most recent investments by Spring St. Group:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Mar 18, 2021 | United States | Seed | 5523 | [+1] |
Unicorns in Spring St. Group's Portfolio
Spring St. Group has 2 unicorns in its portfolio - Neo Financial and Pharmapacks. The most recent unicorn in their portfolio is Neo Financial. It became a unicorn in 2022, 4 years before Spring St. Group first invested in it.Here is a list of unicorns in Spring St. Group's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
68 | Provider of financial products and services including credit cards, accounts, and investment options | 2019 | Calgary | Series D | {egdfur | ||
53 | E-commerce platform for pharmaceutical, nutritional and daily use products | 2011 | Hauppauge | Series D | civoazo |
IPOs and Publicly Listed companies in Spring St. Group's Portfolio
3 of Spring St. Group's portfolio companies have become public. Klarna got listed on the New York Stock Exchange (NYSE), in Sep 2025 at marketcap of $15.1B and Organogenesis got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ).Here are Spring St. Group's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Sep 10, 2025 | - | - | 2281 | |
Nov 09, 2018 | - | - | 7868 | |
Jan 04, 2013 | - | - | 7099 |
Acquired companies in Spring St. Group's Portfolio
4 companies from Spring St. Group's portfolio have been acquired. The most recent acquisition was Coterie in Oct 2025 by Mammoth Brands for $*****.Here are Spring St. Group's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Oct 16, 2025 | - | - | 2395 | |
May 12, 2025 | - | - | 8622 | |
Dec 08, 2021 | - | - | 8353 | |
Oct 27, 2021 | - | - | 7524 |
Team profile of Spring St. Group
Spring St. Group has a team of 7 members including 4 Partners and 3 Principals located in United States. Spring St. Group's team does not sit on the board of any company as of now.Here is a list of all team members in Spring St. Group:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | New York City | - | ||
Partner | New York City | - | ||
Partner | New York City | - | ||
Partner | New York City | - | ||
Principal | Miami | - | ||
Principal | United States | - | - | |
Principal | New York | - |
Co-investors of Spring St. Group
Over the past 5 years, 2 investors have co-invested in Spring St. Group's portfolio companies. This includes funds and angels.
- Top Co-investors of Spring St. Group: 2 investors entered a company along with Spring St. Group. These include investors like Align Ventures (1 company).
Recent News related to Spring St. Group
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Meadow Lane Gourmet Grocery Opens In New York City And Could Be A PrototypeForbes•Nov 21, 2025•Spring St. Group
•
Even Raises $1.5M in Seed FundingFinSMEs•Mar 18, 2021•Even, Align Ventures, Spring St. Group, Morrow
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Even Raises $1.5 Million To Launch Solution To Replenish Nutrients & Manage Side Effects Resulting From Medication UsePR Newswire•Mar 18, 2021•Even, Align Ventures, Spring St. Group, Morrow
