About Spring Ventures
Spring Ventures is a venture capital firm founded in 2007. It is primarily based out of San Francisco, United States. As of Sep 2012, Spring Ventures has invested in 4 companies. It primarily invests in Seed round in United States based startups. Its investments are spread across a wide range of sectors from Environment Tech to High Tech and Consumer. Most recently it participated in the $***** Series A round of Mosaic Overall, Spring Ventures portfolio has seen 2 acquisitions, namely Sidecar and Flutter. A lot of funds co-invest with Spring Ventures, with names like SV Angel sharing a substantial percentage of its portfolio. Spring Ventures has team of 1 people including 1 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed & Series C
Portfolio Soonicorns
Spring Ventures' List of All Investments
Spring Ventures has a portfolio of 4 companies. Their most notable investmentis in MosaicTheir portfolio spans across and United States. They have invested in Environment Tech, High Tech, Consumer and 6 other sectors, across stages such as Seed, Series C stages. Here is the list of all investments by Spring Ventures:1. Sidecar
Sidecar, a ride sharing service pivoted to new model in Feb, 2015. It now provides a same-day service for local businesses, delivering goods, food, and flowers to local consumers using its existing pool of drivers. Handles everything from driver management to customer support. Earlier in Feb 2014, it pivoted to a marketplace model where riders shop from sidecar drivers who set their own prices, based on price, car ETA, and type/size of vehicle etc. Acquired another ride-sharing start-up Heyride in Feb 2013. Raised a $15M funding round in Sep 2014, from Avalon Ventures, USV and Richard Branson. Pivoted into a delivery company on September, 5th 2015
Key facts about Sidecar
- Founded Year: 2012
- Location: San Francisco (United States)
- Stage: Acquired
- Total Funding till date: $54.3M
- Investors: Pegasus Tech Ventures, Union Square Ventures and 19 Others
- Latest Funding Round: Series C, May 12, 2017, $*****
- Highlight: Acquired
2. Mosaic
Mosaic is a US based company focused on providing financing for residential solar. The company provides financing to homeowners to setup rooftop solar at their houses. The company started off as a crowdfunding platform to investment in solar projects.
Key facts about Mosaic
- Founded Year: 2011
- Location: Oakland (United States)
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $250M
- Employee Count: 70 as on Sep 30, 2026
- Investors: Energy Impact Partners, Verizon and 19 Others
- Latest Funding Round: Conventional Debt, Nov 22, 2016, $*****
- Highlight: Editors' Pick
3. Flutter
Flutter is a start-up based in San Francisco, California. Their first product Flutter App utilizes gesture recognition technology over a built-in webcam in one’s computer, that allows a user to control iTunes, Spotify, VLC, and QuickTime using hand gestures. The company received early-stage funding from Y Combinator.
Key facts about Flutter
- Founded Year: 2010
- Location: Palo Alto (United States)
- Stage: Acquired
- Total Funding till date: $1.4M
- Employee Count: 11 as on Sep 30, 2026
- Investors: Inspovation Ventures, New Enterprise Associates and 4 Others
- Latest Funding Round: Seed, Jun 07, 2012, $*****
- Highlight: Acquired
4. Zea2
Key facts about Zea2
- Founded Year: 2002
- Location: Boardman (United States)
- Stage: Series D
- Total Funding till date: $68.6M
- Employee Count: 21 as on Dec 31, 2016
- Investors: ITOCHU, Globespan Capital Partners and 10 Others
- Latest Funding Round: Series D, Aug 22, 2012, $*****
Spring Ventures' Investments by Stage
Spring Ventures has made 3 investments in Seed stage with an average round size of $1.95M and 1 investment in Series C stage with an average round size of $19M.Stage of entry | No. of Investments |
|---|---|
Seed | 3 |
Series C | 1 |
Note: We have considered here, only first round of investments
Spring Ventures' Investments by Sector
Spring Ventures has a diverse portfolio, with companies operating in the High Tech, Sustainability Tech, Chemicals and Materials Tech, Consumer and Energy Tech. Notably, it has invested in 3 Tech companies, 1 Consumer (B2C) company, 1 Enterprise (B2B) company and at least 1 company focusing on Marketplace.Sector | No. of Investments |
|---|---|
High Tech | 2 |
Sustainability Tech | 2 |
Chemicals and Materials Tech | 1 |
Consumer | 1 |
Energy Tech | 1 |
Others | 5 |
Note: We have considered here, only first round of investments
Spring Ventures' Investments by Geography
Spring Ventures has made most investments in United States (4).Spring Ventures' recent investments
Spring Ventures has not made any investment in 2026 so far.Here are the most recent investments by Spring Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Sep 27, 2012 | United States | Series A | 4176 | ||
Jun 07, 2012 | United States | Seed | 8905 | [+3] | |
2012 | United States | Seed | 4331 | [+2] | |
May 29, 2012 | United States | Seed | 4339 | [+2] | |
Feb 14, 2012 | United States | Series C | 4311 | [+4] |
Acquired companies in Spring Ventures' Portfolio
2 companies from Spring Ventures' portfolio have been acquired. The most recent acquisition was Sidecar in Jan 2016 by General Motors for $*****.Here are Spring Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jan 18, 2016 | 2012 | Seed | 2091 | |
Oct 02, 2013 | Jun 07, 2012 | Seed | 5418 |
Team profile of Spring Ventures
Spring Ventures has a team of 1 member located in United States. Spring Ventures' team does not sit on the board of any company as of now.Co-investors of Spring Ventures
Over the past 14 years, 40 investors have co-invested in Spring Ventures's portfolio companies. This includes funds and angels.
- Invested before Spring Ventures: Firelake Capital, Globespan Capital Partners and 5 others have invested in rounds before Spring Ventures. There is 1 company where Firelake Capital has invested before Spring Ventures and 1 company where Globespan Capital Partners has invested before Spring Ventures.
- Top Co-investors of Spring Ventures: 11 investors entered a company along with Spring Ventures. These include investors like SV Angel (1 company).
- Invested after Spring Ventures: A total of 22 investors have invested in Spring Ventures's portfolio after their investments. Top Investors include Union Square Ventures (1 company), Correlation Ventures (1 company) and Avalon Ventures (1 company).
Recent News related to Spring Ventures
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Solar Mosaic’s Crowdfunding Beats Treasuries With 4.5% Return - BloombergBloomberg•Jan 07, 2013•Mosaic, Spring Ventures, Serious Change
•
Mosaic Raises $2.5M Series A to Build Crowdfunding Platform for Solar ProjectsMosaic•May 31, 2012•Mosaic, Spring Ventures, Serious Change
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Ride-Sharing Startup SideCar Raises $10 Million From Lightspeed And Google Ventures To Expand Into New Markets – TechCrunchTechCrunch+•Sidecar, Spring Ventures, SV Angel, HRV and 3 others
