About Springbank
Springbank is a venture capital firm founded in 2019. It is primarily based out of New York City, United States. As of May 2025, Springbank has invested in 33 companies. It primarily invests in Seed round in United States based startups. Its investments are spread across a wide range of sectors from HealthTech to Enterprise Applications and Retail. Most recently it participated in the $***** Seed round of Faye Overall, Springbank portfolio has seen 1 unicorn and 7 acquisitions including key companies like Season Health, Little Otter and Cocoon. A lot of funds co-invest with Springbank, with names like Coalition Operators sharing a substantial percentage of its portfolio. Springbank has team of 10 people including 2 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series A & 1 more
Portfolio Acquisitions
Portfolio Unicorns
Springbank's List of Top Investments
Springbank has a portfolio of 33 companies, one of which is a Unicorn. Their most notable investments are in Thisfirst and Rec.Their portfolio spans across United States, Australia and Israel. They have invested in HealthTech, Enterprise Applications, Retail and 15 other sectors, across stages such as Seed, Series A and 1 more. Here is the list of top investments by Springbank:
1. Wellthy
Online platform to guide families and patients with long term health conditions. It provides care concierge for caregivers with a digital dashboard and real-time advice from care experts, health plans to enhance care management and improve the member experience.
Key facts about Wellthy
- Founded Year: 2014
- Location: New York City (United States)
- Stage: Series B
- Total Funding till date: $80M
- Employee Count: 322 as on Aug 31, 2026
- Investors: Workday Ventures, India Infoline and 24 Others
- Latest Funding Round: Series B, May 11, 2023, $*****
- Highlight: Editors' Pick
2. Getcopper
Developer of mobile applications providing rewards for completing digital tasks. The software platform facilitates earnings through participation in surveys, playing video games, and scanning retail receipts. Users accumulate credits within the interface that can be redeemed for electronic gift cards or transferred to third-party digital payment platforms. By linking payment cards to the application, individuals may also generate income based on qualifying retail transactions. The technology functions as an engagement tool for users to perform specific activities in exchange for monetary compensation.
Key facts about Getcopper
- Founded Year: 2012
- Location: Seattle (United States)
- Stage: Series A
- Total Funding till date: $42.3M
- Employee Count: 42 as on Aug 31, 2026
- Investors: Western Technology Investment, Maven Ventures and 25 Others
- Latest Funding Round: Angel, Jul 21, 2026, $*****
- Highlight: Editors' Pick
3. Carefull
Online platform for expense monitoring platform for individuals. It provides accounts & credit card transactions to catch issues that may be problems, then helps you communicate, resolve them plan.
Key facts about Carefull
- Founded Year: 2019
- Location: New York City (United States)
- Stage: Series A
- Total Funding till date: $19.7M
- Employee Count: 101 as on Aug 31, 2026
- Investors: Northwestern Mutual, TTV Capital and 19 Others
- Latest Funding Round: Conventional Debt, Jun 18, 2025, $*****
- Highlight: Editors' Pick
Online platform offering dietician virtual consultation services. It provides one-on-one consultations with board-certified dietitians who specialize in specific health conditions. It combines clinical nutrition care, meal recommendations, education, and food delivery into one comprehensive solution.
Key facts about Season Health
- Founded Year: 2019
- Location: Austin (United States)
- Stage: Acquired
- Total Funding till date: $52M
- Employee Count: 79 as on Aug 31, 2026
- Investors: Valspring Capital, Able Partners and 12 Others
- Latest Funding Round: Series A, Dec 18, 2023, $*****
- Highlight: Acquired
Key facts about Zocalo Health
- Founded Year: 2021
- Location: Seattle (United States)
- Stage: Series A
- Total Funding till date: $30.6M
- Employee Count: 89 as on Aug 31, 2026
- Investors: Able Partners, Necessary Ventures and 14 Others
- Latest Funding Round: Series A, Feb 26, 2026, $*****
Springbank's Year-on-Year Investment Trends
Springbank has invested in 33 companies over the last 7 years, with an average of 3 new investments annually in the last 5 years. In 2025, it made 3 investments. Its most recent first time investment was in Shotsy and most recent follow-on round was in Faye.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 1 | 2 | 3 |
2024 | 6 | 0 | 6 |
2023 | 0 | 0 | 0 |
2022 | 8 | 0 | 8 |
2021 | 2 | 0 | 2 |
2020 | 0 | 0 | 0 |
2019 | 1 | 0 | 1 |
Springbank's Investments by Stage
Springbank has made 13 investments in Seed stage with an average round size of $6.49M, 4 investments in Series A stage with an average round size of $23.2M and 1 investment in Series B stage with an average round size of $35M.Stage of entry | No. of Investments |
|---|---|
Seed | 13 |
Series A | 4 |
Series B | 1 |
Note: We have considered here, only first round of investments
Springbank's Investments by Sector
Springbank has a diverse portfolio, with companies operating in the HealthTech, Sustainability Tech, Business Services, Consumer and Enterprise Applications. Notably, it has invested in 25 Tech companies, 18 Consumer (B2C) companies, 14 Software companies and at least 12 companies focusing on Enterprise (B2B).Sector | No. of Investments |
|---|---|
HealthTech | 6 |
Sustainability Tech | 4 |
Business Services | 3 |
Consumer | 3 |
Enterprise Applications | 2 |
Others | 13 |
Note: We have considered here, only first round of investments
Springbank's Investments by Geography
Springbank has made most investments in United States (15), followed by Australia where it has made 1 investment.Country | No. of Investments |
|---|---|
United States | 15 |
Australia | 1 |
Israel | 1 |
Note: We have considered here, only first round of investments
Springbank's recent investments
Springbank has not made any investment in 2026 so far.Here are the most recent investments by Springbank:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
May 02, 2025 | United States | Seed | 9427 | ||
Mar 26, 2025 | United States | Series A | 4584 | ||
Feb 20, 2025 | United States | Seed | 6205 | [+2] | |
Oct 24, 2024 | - | Seed | 9166 | [+2] | |
Oct 15, 2024 | United States | Seed | 6636 | [+5] |
Unicorns in Springbank's Portfolio
Springbank has 1 unicorn in its portfolio - Chief. The most recent unicorn in their portfolio is Chief which became a unicorn in 2022, 4 years before Springbank first invested in it.Here is a list of unicorns in Springbank's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
57 | Subscription-based social platform for professional women | 1972 | New York | Series B | zyykkpx |
Acquired companies in Springbank's Portfolio
7 companies from Springbank's portfolio have been acquired. The most recent acquisition was Summer Health in Jul 2026 by Doctronic for $*****.Here are Springbank's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jul 29, 2026 | Jul 25, 2022 | Seed | 9123 | |
Apr 09, 2026 | - | - | 8496 | |
Apr 02, 2026 | Apr 04, 2022 | Series A | 6898 | |
Oct 14, 2025 | Jan 06, 2022 | Series A | 6071 | |
Sep 26, 2024 | - | - | 3819 |
Team profile of Springbank
Springbank has a team of 10 members including 2 Partners and 2 Principals located in United States. Springbank's team does not sit on the board of any company as of now.Here is a list of all team members in Springbank:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Brooklyn | - | ||
Partner | New York City | - | - | |
Principal | New York City | - | - | |
Principal | New York City | - |
Co-investors of Springbank
Over the past 7 years, 148 investors have co-invested in Springbank's portfolio companies. This includes funds and angels.
- Invested before Springbank: DN Capital, HearstLab and 22 others have invested in rounds before Springbank. There is 1 company where DN Capital has invested before Springbank and 1 company where HearstLab has invested before Springbank.
- Top Co-investors of Springbank: 90 investors entered a company along with Springbank. These include investors like Coalition Operators (3 companies).
- Invested after Springbank: A total of 34 investors have invested in Springbank's portfolio after their investments. Top Investors include Pivotal Ventures (2 companies), Citi Impact Fund (1 company) and Cercano Management (1 company).
Recent News related to Springbank
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Parento Raises $5.9M in Seed II FundingFinSMEs•Sep 09, 2025•Evidenced, Springbank Distillers, Resilience, Coyote Ventures and 15 others
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Brisk Teaching Raises $15M for Classroom AI TechnologyGovTech•Mar 27, 2025•Brisk, Bessemer Venture Partners, Springbank, South Park Commons and 2 others
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Brisk Teaching Raises $15M in Series A FundingFinSMEs•Mar 26, 2025•Brisk, Bessemer Venture Partners, Owl Ventures, South Park Commons and 1 other
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Shotsy lands $2 million for weight loss shot tracking appSilicon Florist•Feb 20, 2025•Shotsy, Adverb Ventures, Coalition Operators, Springbank
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StretchDollar Raises $6M to Simplify Small Business Health Benefitsintelligence360•Dec 20, 2024•StretchDollar, Fika Ventures, Oscar, Precursor Ventures and 1 other
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StretchDollar Raises $6M to Simplify Small Business Health BenefitsBusiness Wire•Dec 03, 2024•StretchDollar, Fika Ventures, Oscar, Precursor Ventures and 2 others
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Brisk Teaching: AI-Based Educational Chrome Extension Service Raises $6.9 MillionPulse 2.0•Sep 19, 2024•Brisk, Owl Ventures, South Park Commons, Springbank and 2 others
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Guardoc Health Raises $3M in Seed FundingFinSMEs•Aug 15, 2024•Guardoc, Pitango, Bertelsmann India Investments, fresh.fund and 1 other
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Springbank Closes a $35M Fund to Invest in Infrastructure Serving Women and Working FamiliesFemtech Insider•Jun 23, 2023•Union Square Ventures, Foundry, Springbank Distillers, Bank of America and 5 others
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Guaranteed Raises $6.5M Seed FundingFinSMEs•Nov 04, 2022•Guaranteed, BrandProject, Precursor Ventures, Springbank and 3 others
