Fundraising Fox
Spring Capital
Venture capitalTallinn · Seed–Growth · 8 people tracked
Find your way into Spring Capital
5,839 people in our graph share verified history with the Spring Capital team — schools, employers, funds. One of them is your warm intro.
Investment thesis
Spring Capital invests through two strategies. Its Seed Fund backs scalable technology startups from the Nordics and CEE that show initial client and market traction, writing €75-200K checks (typically part of a larger round giving 18+ months runway) and often acting as a validating early investor that helps build fundraising momentum. Its Growth Fund pursues micro private equity, acquiring minority stakes in high-growth Estonian SMEs for €300K-700K to enable market expansion, M&A, or partial shareholder exits. The firm holds positions for 5-7+ years, actively supporting founders as board members, advisors, and mentors, and helping with strategy and operational excellence.
Source: firm website, verified Aug 7, 2026.
What founders say
No founder feedback on Spring Capital yet.
Team · 8 people
from the firm's website & public directories
Founder mafia
2 people who came through Spring Capital went on to found or lead other companies.
What they invest in
from 34 of 49 portfolio companiesSaaS ×18AI & Machine Learning ×10Enterprise Software ×8Data & Infrastructure ×6Hardware ×6Cloud Computing ×4EdTech ×4Fintech ×4
HQs:Estonia×9United States×7United Kingdom×4Argentina×1Austria×1Australia×1
Who they back
founder profiles across 15 portfolio companiesFounding team size:solo founder×62 founders×43 founders×24+ founders×3
Where their founders studiedfrom 14 founders with education data
Estonian Business School ×5University of Tartu ×4Jacobs University Bremen ×2TalTech – Tallinn University of Technology ×2
What their founders studiedfrom 16 founders with field-of-study data
Computer Science ×4Economics ×4Business & Management ×3Politics & Policy ×2
Where their founders worked beforefrom 19 founders with career history
Pipedrive ×2Tallinn University of Technology ×2
Investments · 49 tracked
founders shown can be your intro pathBy year:2024 · 12023 · 12022 · 32021 · 12020 · 17 dated
Outfunnel builds a data synchronization platform that connects sales and marketing apps such as HubSpot, Pipedrive, Mailchimp, Monday, Airtable, and Klaviyo, letting SMBs sync contacts, score leads, and create cross-platform reporting.
Marketing TechSaaSSales TechTallinn, EE
Andrus Purde(CEO and Co-founder)inMarkus Leming(Co-Founder & Head of Product and Support)inMichiel Klonhammer(CEO)
Co-investorsbyFoundersSquareOneLIFT99Specialist VC
Cloud-based platform for institutions to execute partnerships and exchange compliance documents for onboarding and review.
Co-investorsAfterWork VenturesArchangel VenturesBlack Sheep CapitalUtiliti GroupCut Through Angels
Amberlo provides cloud-based law practice management software that lets law firms manage clients and cases, track billable time, automate invoicing, store documents, and communicate with clients through a secure client portal.
Cloud ComputingLegalTechSaaS
Co-investorsCofounderZoneIron Wolf Capital
AstroForge is a space mining company that extracts platinum group metals and other valuable materials from asteroids to integrate into Earth's supply chains.
Advanced ManufacturingDeep TechHardwareNew MaterialsRoboticsSpace TechLos Angeles, US
Jose Acain(Executive Officer, Director)inMatt Gialich(CEO and Co-Founder)in
BoardJustin Hamilton(Director)
Co-investorsAera VCAmbush CapitalIndustrious VenturesJude GomilaKohala VenturesNight Capital+17 more
.jpeg){kind=logo}
Bolt operates a European mobility super-app offering ride-hailing, shared cars, e-scooters, and food and grocery delivery, along with on-demand parcel delivery.
Logistics & Supply ChainMarketplacesMobility & TransportationTallinn, EE
Co-investorsBADideas.fundG SquaredKorelya CapitalRubyLightSpecialist VCEuropean Investment Bank+4 more
Catenda offers a free academic platform for teaching building information modeling (BIM) coordination using open standards like IFC and BCF, designed for accredited courses and student projects in the construction industry.
AI & Machine LearningCloud ComputingConstruction TechData & InfrastructureEdTechEnterprise SoftwareSaaSOslo, NO
Co-investorsGRO Capital
Click & Grow makes self-watering indoor smart gardens and pre-seeded plant pods that let consumers grow herbs and vegetables at home with minimal effort.
AgTechConsumerHardware
Mattias Lepp(Founder)in
Co-investorsIngka InvestmentsMetaplanetSEB AllianceSpecialist VCTrind Ventures
Crisp is an AI-powered platform that enables CPG brands, retailers, and distributors to integrate and share retail data for real-time visibility and optimization of sales and supply chain operations.
AI & Machine LearningData & InfrastructureFoodTechRetail TechSaaSSpringdale, US
Are Traasdahl(CEO/Founder)inDag Liodden(CPO/Founder)in
Co-investorsDnx VenturesEvolution VenturesSwell PartnersBlue Cloud VenturesFirstMark CapitalPaine Schwartz Partners+4 more
Defendec provides autonomous intrusion detection systems for remote border and perimeter security using rugged, battery-powered devices with AI-based image analysis.
AI & Machine LearningDefense TechIoTTallinn, EE
Co-investorsBoundary HoldingTera VenturesTrind Ventures
EyeVi describes its company culture and team values, emphasizing continuous learning, innovation, and work-life balance.
AI & Machine LearningData & InfrastructureHardwareTallinn, EE
Gaspar Anton(Founder)in
BoardSławomir Hemerling-Kowalczyk
Co-investorsFf Venture CapitalRKKVCDecacorn CapitalIron Wolf CapitalSuperAngel
Fairown provides technology that helps brands offer their products through subscription and financing models to support circular, waste-conscious consumption.
B2B MarketplacesCircular EconomyFintechSaaSTallinn, EE
Hendrik Roosna(CEO & Co-Founder)inTaivo Türnpu(CTO & Co-Founder)in
Co-investorsBONVENTUREGateCap Venturesneosfer GmbHSTIHL Ventures
Flutter is a location-based dating app that lets users record short videos to attract nearby potential matches.
Developer ToolsEnterprise SoftwareLos Angeles, US
Navneet Dalal(Founder/CEO)inMehul Nariyawala(Founder/Product Management)in
Co-investorsY CombinatorAndreessen HorowitzNew Enterprise Associates (NEA)WI Harper Group
FoodDocs provides software for creating and managing food safety management systems, including HACCP food safety plans, monitoring tasks, and compliance documentation.
FoodTechSaaS
Katrin Liivat(Founder)in
Co-investorsForward Venture CapitalSpecialist VC
Fractory runs a metal fabrication service that connects engineering and manufacturing companies with a vetted network of suppliers, managing projects from quoting to delivery through a single point of contact.
Advanced ManufacturingB2B MarketplacesEnterprise SoftwareLogistics & Supply ChainManchester, GB
Joosep Merelaht(Founder)in
Co-investorsKreos CapitalOTB VenturesSpecialist VCStartup Wise GuysSuperhero CapitalTrind Ventures+2 more
Genus.ai provides an AI tool for e-commerce brands to import their product catalogs (via feed URL, file upload, or Shopify) and generate customized product feeds for advertising channels such as Facebook, Instagram, Google, Pinterest, TikTok, X, Reddit, Snap, and Criteo.
AdTechAI & Machine LearningMarketing TechBrentwood, US
Tadas Jucikas, PhD(Founder)inBrent Clickard(Co-Founder)Tobias Kloepper(Co-Founder)Viktoras Jucikas(Co-Founder & CTO)in
Co-investorsChaos VenturesMGV.VCPICUS CAPITALScout FundAvalanche VCTransamerica Ventures
GrubMarket is a food tech company operating a B2B and B2C marketplace in the U.S. and Canada, offering both wholesale produce delivery at discounted prices and AI-powered SaaS software solutions for food supply chain businesses including inventory management, warehouse operations, and eCommerce platforms.
B2B MarketplacesE-commerceEnterprise SoftwareFoodTechLogistics & Supply ChainSaaSSan Francisco, US
Mike Xu(Founder/CEO, , President)in
Co-investorsBascom VenturesBattery VenturesBuilders + BackersCastor VenturesCeltic House Asia PartnersDisruptive Ventures+41 more
Karbon Card provides financial services for cross-border payments, including foreign payment collection and sending, corporate cards, and cloud billing optimization.
AI & Machine LearningEnterprise SoftwareFintechSaaSBengaluru, IN
Pei-fu Hsieh(Founder)inBo Li(Founder)in
Co-investors2am VCAmino CapitalAvenir Growth CapitalDG Daiwa VenturesEmles Venture PartnersOlive Tree Capital+11 more
-2.png)
LeadX 360 is an AI-powered collaboration platform that lets everyone in a B2B organization share leads from their daily conversations and networks via a mobile app, then automatically scores, enriches, and prioritizes those leads.
AI & Machine LearningSaaSSales TechVienna, AT
Monese offers mobile money accounts and cards along with financial tools such as credit-building, lending, and budgeting products for consumers managing everyday finances.
ConsumerFintech
Norris Koppel(Founder)in
Co-investorsHSBCAnthemis VentureKinnevikOutward VCQVenturesSpecialist VC+3 more
Mosaix develops a voice AI platform for enterprises that handle languages spoken in emerging markets where such technology has limited availability.
ConsumerMobility & TransportationSan Francisco, US
Satori He(Founder)in
Co-investorsY CombinatorGMO VenturePartnersOriza HoldingsSparkland CapitalZhenFund
Outstaffer is a global AI-powered recruitment and employer of record (EOR) platform that enables companies to hire, pay, and manage remote employees across borders compliantly without establishing local entities.
AI & Machine LearningFuture of WorkHR TechYarra Valley, AU
Thomas Derum(Founder)in
Co-investorsBeachhead Venture CapitalUtiliti GroupSide Stage Ventures
PromoRepublic provides a platform for managing social media presence across multiple locations, enabling multi-location brands, franchises, and marketing agencies to maintain consistent corporate messaging while allowing local customization and control.
Enterprise SoftwareMarketing TechSaaS
Co-investors408 VenturesAlfabeatFlyer One VenturesHOWZAT PartnersInnovestor VenturesKorpun Siemen Oy
Estonian developer of cross-game 3D avatar creation tools and SDKs, acquired by Netflix in December 2025.
Timmu Tõke(Founder)inRainer Selvet(Founder)Kaspar Tiri(Founder)inHaver Järveoja(Founder)in
Co-investors7percent Venturesa16z cryptoAndreessen HorowitzBHM GroupCollab+CurrencyFounders+13 more
Remato provides real-time workforce and equipment tracking for construction sites through a plug-and-play card reader system.
Construction TechIoTSaaS
Ranno Käomägi(Founder & CEO)inToomas Savisaar(Founder & Head of Sales)inViljar Kärgenberg(Head of Technology)inUku Pattak(Head of Product)inMikk Noorkõiv(Head of Operations)
Co-investorsPassion CapitalThorgate VenturesSuperAngel
Roofit.Solar develops integrated metal solar roofs that combine roofing and photovoltaic electricity generation while preserving a conventional roof appearance.
CleantechConstruction TechEnergyHardwareTallinn, EE
Andri Jagomägi(Founder)inAndres Anijalg(CEO & Co-Founder)inRaimond Russak(Co-Founder)inMartin Paju(COO)in
Co-investorsBayWa r.e. Energy Ventures
SalesForge provides tools and training for agencies and service providers to execute cold email campaigns effectively.
AI & Machine LearningMarketing TechSaaSSales Tech
Frank(Founder & CEO)Dovydas(Founder & Head of Product)Daniel(CTO & Founder)
Co-investorsBADideas.fund
SocialClimb provides healthcare marketing and patient experience software, including patient surveys, predictive patient targeting and online reputation management for medical providers.
Lehi, US
Ty Allen(Founder of SocialClimb; President – Patient Experience Solutions)inEric Johnson(Executive Officer and Manager)Dan Michelson(Chief Executive Officer (RLDatix))in
BoardChris Rhodes(Manager)Jit Sinha(Manager)Jared Maxwell(Manager)
Co-investorsSaaS Capital
Thinnect develops Mist Computing technology, an approach to distributed edge and sensor networks.
CleantechCloud ComputingData & InfrastructureDeep TechHardwareIoT
Jurgo Preden(Founder)in
Co-investorsTera Ventures
Turing College is an online school that teaches practical technical skills through project-based, expert-supported learning programs designed to prepare students for tech careers.
AI & Machine LearningEdTechFuture of WorkVilnius, LT
Tomas Moška(Founder)inBenas Šidlauskas(Founder)inTomas Moska(Founder)inBenas Sidlauskas(Founder)inLukas Kaminskis(CEO)in
Co-investorsY CombinatorFirstpickSuperCharger VenturesIron Wolf CapitalVenture Investment Associates
Uniify builds digital customer onboarding software for financial companies, aiming to reduce risk and simplify the onboarding process.
CybersecurityData & InfrastructureFintechSaaS
Co-investorsForward Venture CapitalPeople Ventures
Vok Bikes designs and manufactures automotive-grade, four-wheeled electric cargo bikes for commercial last-mile logistics in dense urban environments.
CleantechHardwareLogistics & Supply ChainMobility & TransportationTallinn, EE
Co-investorsMetaplanetSpecialist VCSQM Lithium VenturesSuperAngel
Warren is a cloud platform that provides turnkey Infrastructure-as-a-Service (IaaS) software for local data centers and cloud service providers, enabling them to manage and scale cloud infrastructure.
Cloud ComputingData & InfrastructureEnterprise SoftwareSaaSTallinn, EE
Henry Vaaderpass(Founder)in
Co-investorsInsta VenturesPassion Capital
Wisboo is a platform that helps digital content creators and course creators launch and sell online courses and digital products through live training, webinars, and expert guidance.
Creator EconomyEdTechSaaS
Co-investorsStage 2 CapitalStartersHub
A learning platform used for employee onboarding, personalized training, sales training, and certifications.
EdTechEnterprise SoftwareFuture of WorkSaaSSales Tech
yayloh provides a digital returns management platform that automates and improves the online return process for e-commerce brands.
E-commerceRetail TechSaaSStockholm, SE
Nikhil Shikarkhane(Co-founder & CTO)inSophie Aubard(Co-founder & CEO)in
Other
Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.
AskemAssessioClipmanFleetfoxLeadXMeetfrankPunchPunch ClubTjommiVemblaVisitret Displays
Portfolio news
latest coverage across their companiesClick & Grow · clickandgrow.com · Apr 28, 2026
Crisp · finsmes.com · Dec 10, 2025
Vok Bikes · eu-startups.com · Jul 2, 2025
Frequently asked questions
- How many investments has Spring Capital made?
- Spring Capital has 49 tracked investments, 2 of which have exited.
- What stage does Spring Capital invest at?
- Spring Capital invests at the Seed, Growth stages.
- What is Spring Capital's typical check size?
- Spring Capital typically writes checks of $75K – $700K.
- What sectors does Spring Capital focus on?
- Spring Capital focuses on Advanced Manufacturing, AI & Machine Learning, Circular Economy, Cleantech, Crypto & Web3, Fintech, IoT, Marketing Tech, Mobility & Transportation, SaaS, Sales Tech, Sector Agnostic.
- Where is Spring Capital located?
- Spring Capital is headquartered in Tallinn, EE.
- Does Spring Capital lead rounds?
- Spring Capital typically participates in rounds rather than leading them.
- Who does Spring Capital co-invest with?
- Spring Capital most often shares deals with Specialist VC, Tera Ventures, BADideas.fund, among 51 tracked co-investors.
Co-investors · 13
Goat Capital is a venture capital firm. Its public homepage lists its founders and a contact email but provides limited additional detail.
.jpg)
Presto Ventures is a venture capital firm investing in security, defense, and aerospace technologies, including dual-use software and hardware solutions, backing fast-growing tech companies across NATO countries, allies, and Israel.
Long Journey Ventures is an early-stage venture firm that backs unconventional, 'magically weird' founders and ideas, positioning itself as a hands-on, community-oriented partner to its companies.
Plug and Play is an innovation platform that connects corporations, governments, startups, investors, and universities to drive innovation.
RRE Ventures is a boutique early-stage venture capital firm that backs founders across sectors, combining decades of experience with AI-driven analysis throughout the investment lifecycle.
FundersClub is an online venture capital firm and startup investing platform that gives accredited members access to a curated selection of vetted early-stage startups, funding fewer than 2% of the companies it reviews.
Kapor Capital is an impact-focused venture capital firm that invests in seed-stage tech startups building solutions that create economic opportunity and address inequality across sectors such as education, work, finance, justice, food and health.
M13 is a venture capital firm that invests early in founders building through structural shifts that create new markets. It also runs an incubation arm (Launchpad) and a founder-support model called Propulsion.
500 Global (formerly 500 Startups) is a venture capital firm whose flagship Silicon Valley strategy backs promising technology companies from pre-seed onward across a range of sectors and geographies.
Antler is a global early-stage venture capital firm that backs founders from company inception through to IPO, operating across roughly 30 locations worldwide and running cohort-based programs to help entrepreneurs build and scale companies.
Led by investors including Larry Marcus, Marcy Venture Partners is a venture capital firm investing in consumer, culture, and positive impact.
Presence Capital is an early-stage investment firm focused on augmented reality (AR) and virtual reality (VR) startups, backing entrepreneurs building new ways to communicate, work, and play with these technologies.
▶1 more co-investors
Firms observed investing alongside Spring Capital, from public investor directories. Shared companies are the overlap with Spring Capital's recorded portfolio.
Similar investors
Everywhere Ventures is an early-stage venture firm that writes pre-seed checks and is backed by a community of founder and operator LPs.
Callapina Capital is an operator-led, conviction-led venture firm focused on backing Indian-origin founders building category-defining companies across the US-India corridor. It has invested for over a decade with a Fund I portfolio and is now raising Fund II.
NSRCEL is the startup incubator of the Indian Institute of Management Bangalore (IIMB), supporting entrepreneurs through incubation, mentoring, and program-based initiatives across sectors such as fintech, climate, and impact.
MPG Fund is an early-stage venture investor backing technology startups.
Range is a venture capital firm that invests in founders building novel solutions in overlooked or challenging categories. The firm focuses on consensus founders with unique insights, backing companies at various stages across diverse sectors.