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vSpring Capital

North America, Utah, United States, Salt Lake City

Description

Signal Peak Ventures, formerly known as vSpring Capital, is a prominent early-stage venture capital firm based in Salt Lake City, Utah. The firm underwent a rebranding from vSpring Capital to Signal Peak Ventures, signifying its evolution and continued commitment to fostering innovation in the technology sector. With a robust financial backing, Signal Peak Ventures manages over $700 million in committed capital across four distinct funds, positioning it as a significant player in the early-stage investment landscape.

The firm primarily focuses on investing in technology companies during their Seed, Series A, and Series B funding rounds. Their investment thesis centers on disruptive B2B software, including enterprise SaaS, cloud infrastructure, data analytics, artificial intelligence/machine learning, and cybersecurity solutions. While they maintain a strong presence and focus on the Intermountain West region, Signal Peak Ventures also actively seeks out promising opportunities across the broader United States, demonstrating a national reach in their investment strategy.

Signal Peak Ventures is known for its hands-on approach, providing not just capital but also strategic guidance and operational support to its portfolio companies. Their typical initial investment in a company ranges from $2 million to $10 million, indicating a preference for substantial early-stage commitments that can significantly fuel growth and product development. Over its history, including its time as vSpring Capital, the firm has built an impressive portfolio, having invested in more than 70 companies, many of which have gone on to achieve significant success and exits. This track record underscores their expertise in identifying and nurturing high-potential technology ventures.

Investor Profile

vSpring Capital has backed more than 65 startups, with 0 new investments in the last 12 months alone. The firm has led 21 rounds, about 32% of its total and boasts 20 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series B, Series A, Series Unknown rounds (top funding stages).
  • Majority of deals are located in United States.
  • Strong thematic focus on Health Care, Software, Biotechnology.
  • Typical check size: $2M – $10M.

Stage Focus

  • Series B (38%)
  • Series A (32%)
  • Series Unknown (11%)
  • Series C (8%)
  • Series D (3%)
  • Seed (3%)
  • Angel (2%)
  • Series F (2%)
  • Series E (2%)

Country Focus

  • United States (100%)

Industry Focus

  • Health Care
  • Software
  • Biotechnology
  • Medical
  • Genetics
  • Consumer Electronics
  • Energy Management
  • Smart Home
  • Health Diagnostics
  • Therapeutics
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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 vSpring Capital frequently co-invest with?

Thomas Weisel Venture Partners
North America, California, United States, San Francisco
Co-Investments: 6
Sun Mountain Capital
North America, New Mexico, United States, Santa Fe
Co-Investments: 3
Frazier Technology Ventures
North America, Washington, United States, Seattle
Co-Investments: 5
EPIC Ventures
North America, Utah, United States, Salt Lake City
Co-Investments: 11
Dow
North America, Michigan, United States, Midland
Co-Investments: 3
Foundation Capital
North America, California, United States, Palo Alto
Co-Investments: 4
MV
North America, California, United States, San Diego
Co-Investments: 3
Sequel Venture Partners
North America, California, United States, Boulder Creek
Co-Investments: 4
ITU Ventures
North America, California, United States, Los Angeles
Co-Investments: 3
Tullis Health Investors
North America, Connecticut, United States, Stamford
Co-Investments: 3

Which angels does vSpring Capital often collaborate with?

JJ
North America, Utah, United States, Provo
Shared Deals: 1
AS
North America, California, United States, Oakland
Shared Deals: 1

What are some of recent deals done by vSpring Capital?

Lineagen

Salt Lake City, Utah, United States

Lineagen provides genetic evaluation services in autism, developmental delay, and other genetic disorders.

BiotechnologyGeneticsHealth CareHealth Diagnostics
Series BNov 4, 2011
Amount Raised: $16,000,000
Radiate Media

Salt Lake City, Utah, United States

Radiate Media provides software and related services that help local media and businesses capture their audience.

AdvertisingBroadcastingDigital MediaNewsSoftwareWeb Hosting
Series BNov 1, 2011
Amount Raised: $10,000,000
nanoMR

Albuquerque, New Mexico, United States

NANO MR is a New Mexico-based biotechnology company that develops and markets blood diagnostic devices.

BiotechnologyDeveloper PlatformHealth Care
Series BJul 19, 2011
Amount Raised: $13,000,000
Control4

Salt Lake City, Utah, United States

Control4 provides personalized automation and control solutions that allow virtual control of any device in homes and businesses.

Consumer ElectronicsEnergy ManagementSmart Home
Series UnknownFeb 7, 2011
Amount Raised: $15,000,000
Reachable

New York, New York, United States

Reachable helps teams create and leverage their collective rolodex to find referrals to business opportunities.

CRMLead GenerationLead ManagementSocial CRM
Series AOct 13, 2010
Amount Raised: $6,800,000
Lineagen

Salt Lake City, Utah, United States

Lineagen provides genetic evaluation services in autism, developmental delay, and other genetic disorders.

BiotechnologyGeneticsHealth CareHealth Diagnostics
Series AAug 30, 2010
Amount Raised: $10,800,000
The American Academy

Salt Lake City, Utah, United States

The American Academy is an online educational services partner to public high schools in the U.S.

EdTechEducationPrimary Education
Series BDec 15, 2009
Amount Raised: $5,900,000
Penguin Computing

Fremont, California, United States

Penguin Computing designs AI-optimized infrastructure.

Artificial Intelligence (AI)Cloud ComputingEnterprise Software
Series UnknownNov 9, 2009
Amount Raised: $1,500,000
Coherex Medical

Salt Lake City, Utah, United States

Coherex Medical develops and commercializes medical devices addressing structural heart disease conditions.

Health CareHospitalMedical Device
Series BOct 12, 2009
Amount Raised: $16,500,000
Athena Feminine Technologies

Orinda, California, United States

Athena Feminine Technologies develops health products to diagnose and treat medical conditions in the pelvic area in adult women.

Health CareHealth DiagnosticsMedical
Series ASep 2, 2009
Amount Raised: $2,000,000