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Spring Lake Equity Partners

North America, Massachusetts, United States, Boston

Description

Spring Lake Equity Partners is a Boston-based private equity firm specializing in growth equity investments. The firm primarily targets later-stage, technology-oriented companies, providing capital to fuel expansion, facilitate strategic acquisitions, or offer shareholder liquidity. Their investment philosophy centers on partnering with established businesses that demonstrate strong market positions and significant growth potential within the technology landscape.

The firm's investment strategy is focused on companies that are typically profitable or near break-even, with annual revenues ranging from $10 million to $100 million. Spring Lake Equity Partners typically commits between $10 million and $30 million in equity capital for each investment. Their sector focus is broad within technology, encompassing areas such as enterprise software, tech-enabled services, and healthcare information technology. They seek out businesses with proven business models and a clear path to continued market leadership.

Spring Lake Equity Partners manages a substantial pool of capital, with over $1 billion in committed capital across multiple funds. This significant financial backing allows them to support a diverse portfolio of companies. Since its inception, the firm has made over 50 investments, demonstrating a consistent track record of identifying and backing successful technology ventures. Their approach extends beyond mere capital provision, as they actively engage with portfolio companies to offer strategic guidance and leverage their extensive network to foster growth and operational excellence.

Investor Profile

Spring Lake Equity Partners has backed more than 28 startups, with 0 new investments in the last 12 months alone. The firm has led 16 rounds, about 57% of its total and boasts 13 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series Unknown, Series C, Series B rounds (top funding stages).
  • Majority of deals are located in United States, Israel.
  • Strong thematic focus on Software, Analytics, Marketing.
  • Typical check size: $10M – $30M.

Stage Focus

  • Series Unknown (29%)
  • Series C (25%)
  • Series B (21%)
  • Series A (7%)
  • Series E (7%)
  • Private Equity (4%)
  • Seed (4%)
  • Debt Financing (4%)

Country Focus

  • United States (96%)
  • Israel (4%)

Industry Focus

  • Software
  • Analytics
  • Marketing
  • Advertising
  • Saas
  • Digital Marketing
  • Health Care
  • Enterprise Software
  • Big Data
  • Information Technology
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Spring Lake Equity Partners frequently co-invest with?

Altos Ventures
North America, California, United States, Menlo Park
Co-Investments: 3
Spouting Rock
North America, Pennsylvania, United States, Radnor
Co-Investments: 1
CM
North America, Massachusetts, United States, Cambridge
Co-Investments: 2
Foundation Capital
North America, California, United States, Palo Alto
Co-Investments: 1
Sigma Prime Ventures
North America, Massachusetts, United States, Boston
Co-Investments: 2
WestSummit Capital
North America, California, United States, Menlo Park
Co-Investments: 2
Bessemer Venture Partners
North America, California, United States, San Francisco
Co-Investments: 2
Duke Energy Corporation
North America, North Carolina, United States, Charlotte
Co-Investments: 2
Thomvest Ventures
North America, California, United States, San Francisco
Co-Investments: 2
Big Sky Partners
North America, California, United States, Sausalito
Co-Investments: 1

Which angels does Spring Lake Equity Partners often collaborate with?

AB
North America, New York, United States, New York
Shared Deals: 1
AB
North America, New York, United States, New York
Shared Deals: 1
PC
North America, California, United States, Los Angeles
Shared Deals: 1
AM
North America, California, United States, San Francisco
Shared Deals: 1
RB
North America, New York, United States, New York
Shared Deals: 1
JF
North America, New York, United States, New York
Shared Deals: 1
JY
North America, California, United States, San Francisco
Shared Deals: 1
JK
North America, New York, United States, New York
Shared Deals: 1

What are some of recent deals done by Spring Lake Equity Partners?

CLARA Analytics

Sunnyvale, California, United States

CLARA Analytics utilizes AI and data analytics to help insurance companies process and analyze large amounts of data related to claims.

AnalyticsArtificial Intelligence (AI)FinTechInsuranceInsurTechMachine LearningSoftware
Series CSep 7, 2023
Amount Raised: $24,000,000
Sparta Software Corporation

San Francisco, California, United States

Sparta Software Corporation offers the Trinsic Human Data Platform and Sparta Science Force Plates to help your organization thrive.

Artificial Intelligence (AI)ComputerData IntegrationHealth CareMachine LearningSoftwareWellness
Series UnknownMar 23, 2023
Amount Raised: $9,300,000
Zylo

Indianapolis, Indiana, United States

Zylo allows users to discover, optimize, and govern their SaaS portfolio while elevating the employee experience.

AnalyticsCloud ManagementEnterprise SoftwareInformation TechnologySaaS
Series CNov 29, 2022
Amount Raised: $31,500,000
Gravy Analytics

Dulles, Virginia, United States

Gravy Analytics is the leading provider of real-world location intelligence for marketers.

Advertising PlatformsAnalyticsBig DataBusiness IntelligenceDigital MarketingMarket ResearchMarketingMobile Advertising
Series UnknownJan 6, 2022
Amount Raised: $6,411,800
BlueConic

Boston, Massachusetts, United States

BlueConic is the operating system that puts data into action for marketing and growth doers.

AnalyticsData IntegrationData VisualizationDatabaseDigital MarketingMarketingPredictive AnalyticsReal TimeSaaSSoftware
Series UnknownJan 5, 2022
Testlio

San Francisco, California, United States

At Testlio, we test your products and uncover issues before your customers do. We are fast, scalable and focused on quality.

Developer ToolsMobileSaaSSoftwareTest and Measurement
Series BOct 26, 2021
Amount Raised: $12,000,000
Trifecta

Sacramento, California, United States

Trifecta is the nation's largest organic meal delivery service founded with a bold mission - to get America back into shape.

Food DeliveryMobile Apps
Series BAug 18, 2021
Amount Raised: $20,000,000
Illusive

Tel Aviv-yafo, Tel Aviv, Israel

Illusive is a defense to eliminate attacker pathways that uses deception for detection of lateral movement of APTs, ransomware & threats.

ComputerCyber SecurityNetwork SecuritySoftware
Series BOct 7, 2020
Amount Raised: $24,000,000
BlueConic

Boston, Massachusetts, United States

BlueConic is the operating system that puts data into action for marketing and growth doers.

AnalyticsData IntegrationData VisualizationDatabaseDigital MarketingMarketingPredictive AnalyticsReal TimeSaaSSoftware
Series BJan 2, 2020
Amount Raised: $12,800,000
Phoenix ET

Aliso Viejo, California, United States

PhoenixET is an IoT company focused on energy management software for multi-location enterprises.

CommercialEnterprise SoftwareInformation TechnologySmart BuildingSoftware
Series UnknownApr 30, 2019