Valspring Capital
Venture capitalBoston · Series A–Growth · 9 people tracked
Also known as VALSPRING CAPITAL MANAGEMENT, LP
Investment thesis
Valspring Capital concentrates exclusively on healthcare, aiming to accelerate the future of the sector. The team, which previously formed the healthcare investment practice at Bain Capital Ventures, brings dedicated domain expertise to backing healthcare companies.
Source: firm website, verified Aug 11, 2026.
Team · 9 people
from the firm's website & public directories
What they invest in
from 19 of 27 portfolio companiesHealthtech ×16Digital Health ×9SaaS ×7AI & Machine Learning ×5E-commerce ×3Enterprise Software ×3Fintech ×3EdTech ×2
HQs:United States×12Canada×1Mexico×1
Investments · 27 tracked
founders shown can be your intro pathBy year:2022 · 12020 · 12019 · 13 dated
HealthtechNew York, US
Thomas Hawes(Director)Frank Hunt(Executive Officer)Robert Rebak(Executive Officer, Director)Russ Nash(Director)
BoardLiam Donohue(Director)Enrico Picozza(Director)
Auxilius provides software and expert services to manage clinical R&D operations and financial processes for biotech companies.
BiotechEnterprise SoftwareFintechSaaS
Covetrus is a tech-enabled veterinary-practice improvement company that provides a software platform and networks to help veterinarians run more profitable practices and improve financial and clinical outcomes.
E-commerceEnterprise SoftwareHealthtechSaaSPortland, US
Sandra L Helton(Director)Philip A Laskawy(Director)David E Shaw(Director)Benjamin Wolin(Director)Deborah G Ellinger(Director)Russell Cooke(Executive Officer)
Medtronic designs and develops medical technology for treating complex diseases.
AI & Machine LearningDigital HealthHealthtechMedical Devices
HealthJoy is a benefits management platform that consolidates employers' health and wellness offerings into a single digital system guided by AI and human support.
AI & Machine LearningHealthtechHR TechChicago, US
Clint Jones(Director)Brandon Cruz(Director)Shane Cruz(Director)Justin Holland(Executive Officer, Director)Doug Morse-Schindler(Executive Officer)
BoardStuart Larkins(Director)
Iodine Software's page presents Waystar, an AI-powered platform that automates healthcare revenue cycle management, including insurance verification, prior authorizations, price transparency, and payments.
AI & Machine LearningHealthtechSaaS
Koala is an online pharmacy that sells vet-approved medications, supplements, and health products for pets, with free shipping on orders over $45.
E-commerceHealthtechMelrose, US
Josh Kopelman(Director)Gavin Cotter(Executive Officer, Director)
BoardGreg Yap(Director)
Nordic is a global health and technology consulting firm that helps healthcare organizations address IT and operational challenges such as fragmented data, staffing shortages, cost pressures, and outdated technology.
Digital HealthEnterprise SoftwareHealthtechMadison, US
Parallel provides evidence-based services and assessment tools for schools and education providers to support students with learning differences.
B2B MarketplacesDigital HealthEdTechHealthtech
Dr. A. Jordan Wright(Chief Clinical Officer)
Phoenix is a telehealth platform that delivers prescription medications for men's health directly to patients in Canada through an online assessment and licensed pharmacy partners.
Digital HealthHealthtechSaaSWellness & FitnessToronto, CA
Gavin Thompson(Founder)inKevin Bache(Founder)in
Netlify provides a platform for building, deploying, and scaling modern web applications, including corporate sites, e-commerce platforms, and SaaS applications.
AI & Machine LearningCloud ComputingDeveloper ToolsEdTechSaaSSan Francisco, US
Mathias Biilmann(Co-founder & CEO)Christian Bach(Co-founder, Chief Strategy and Creative Officer)
Season provides personalized nutrition consulting through board-certified dietitians matched to patients via online assessment, with meal planning and prepared meals delivered based on individual health goals.
Digital HealthHealthtech
Josh Hix(CEO)
Topography Health operated a site business unit that was acquired by FOMAT Medical Research.
Medical DevicesWilmington, US
Andrew P. Kirchner(Executive Officer, Director, Promoter)Joshua M. Parish(Executive Officer, Director, Promoter)N. Alexander Saint-Amand(Executive Officer, Director, Promoter)
Verana Health aggregates de-identified clinical data from a network of over 20,000 physicians in ophthalmology, urology, and neurology to power real-world evidence, clinical trial enablement, and quality reporting for pharmaceutical companies and healthcare providers using AI and machine learning.
AI & Machine LearningData & InfrastructureDigital HealthHealthtech
Sujay Jadhav(Chief Executive Officer)
Zelis provides a healthcare financial technology platform with five core capabilities spanning network management, member engagement, claims pricing and payment accuracy, provider payments, and payment communications.
FintechHealthtechSaaSBedminster, US
Douglas Klinger(Executive Officer, Director)Edward Fargis(Executive Officer)Thomas Kloster(Executive Officer)David Ament(Director)Zach Sadek(Director)Kurt Brumme(Director)
Portfolio news
latest coverage across their companiesLegacy · prnewswire.com · Jul 15, 2026
Phoenix · tipranks.com · Jul 6, 2026
Koala Health · smartcompany.com.au · Mar 29, 2026
Frequently asked questions
- What stage does Valspring Capital invest at?
- Valspring Capital invests at the Series A, Series B, Growth stages.
- What sectors does Valspring Capital focus on?
- Valspring Capital focuses on Biotech, Data & Infrastructure, Digital Health, Enterprise Software, Healthtech, Medical Devices, SaaS.
- Where is Valspring Capital located?
- Valspring Capital is headquartered in Boston, US.
- Does Valspring Capital lead rounds?
- Yes, Valspring Capital leads investment rounds.
Co-investors · 1
US Venture Partners (USVP) is an early-stage venture capital firm investing in information technology and healthcare companies, with four decades of investing experience.
Firms observed investing alongside Valspring Capital, from public investor directories. Shared companies are the overlap with Valspring Capital's recorded portfolio.
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