Spring Capital
Venture capitalTallinn · Seed–Growth · 8 people tracked
Find your way into Spring Capital
212 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.
Team · 8 people
from the firm's website & public directories
What they invest in
from 27 of 40 portfolio companiesSaaS ×14AI & Machine Learning ×7Hardware ×5Data & Infrastructure ×4Enterprise Software ×4Marketing Tech ×4Sales Tech ×4Cleantech ×3
HQs:Estonia×8United Kingdom×3Argentina×1Australia×1Lithuania×1United States×1
Who they back
founder profiles across 14 portfolio companiesFounding team size:solo founder×62 founders×33 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
Where their founders worked beforefrom 17 founders with career history
Pipedrive ×2
Investments · 40 tracked
founders shown can be your intro pathBy year:2024 · 12023 · 12022 · 12021 · 14 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
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
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.fundKorelya CapitalRubyLightSpecialist VCEuropean Investment BankFidelity Investments+3 more
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
One-click video creation tool for ecommerce (exited).
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 & InfrastructureHardware
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
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 is a digital manufacturing platform that connects engineers and product companies with a vetted network of manufacturing partners for metal fabrication and production.
Advanced ManufacturingEnterprise Software
Joosep Merelaht(Founder)in
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 CAPITALAvalanche VCScout FundTransamerica Ventures
Platform letting an organization's workforce and partners post and share warm sales leads.
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 Tech
Co-investorsChange VenturesKarma VenturesKAYASpecialist VC
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+2 more
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 VenturesInnovestor Ventures
Beverage company making mixologist-level cocktails in bottles and kegs.
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+CurrencyKonvoy Ventures+7 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-investorsThorgate VenturesPassion CapitalSuperAngel
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
Thinnect develops Mist Computing technology, an approach to distributed edge and sensor networks.
CleantechCloud ComputingData & InfrastructureDeep TechHardwareIoT
Jurgo Preden(Founder)in
Co-investorsTera Ventures
B2C app helping customers get refunds from price drops (exited).
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 Capital
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
Environmentally friendly grocery delivery via dark stores in Stockholm (exited).
Electronic paper material for zero-power, outdoor-stable video-capable displays (exited).
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 Ventures
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
Portfolio news
latest coverage across their companies
Warren · financebuzz.com · Sep 3, 2026
FoodDocs · techfundingnews.com · Sep 3, 2026
Ready Player Me · auganix.org · Aug 25, 2026
Outfunnel · citybiz.co · Aug 5, 2026
Genus AI · tipranks.com · Jul 14, 2026
Click & Grow · clickandgrow.com · Apr 28, 2026
Monese · finsmes.com · Apr 23, 2026
Vok Bikes · startup-seeker.com · Nov 28, 2025
Frequently asked questions
- How many investments has Spring Capital made?
- Spring Capital has 39 tracked investments, 1 of which have exited via acquisition or IPO.
- 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 49 tracked co-investors.
Co-investors · 13
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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.
Goat Capital is a venture capital firm. Its public homepage lists its founders and a contact email but provides limited additional detail.
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 investors access to vetted early-stage startups from Silicon Valley and beyond.
Kapor Capital is an Oakland-based venture fund that invests in seed-stage technology companies in education, health, and consumer finance sectors. The firm focuses on companies that create both economic and social value.
M13 is a venture capital firm that invests in seed and Series A stage software companies.
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 the first check through to IPO, operating across roughly 30 locations worldwide.
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.
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