SPRING LAKE EQUITY GP LLC
SPRING LAKE EQUITY GP LLC is a Series C+ fund in the US writing $5M–$20M checks into AI, Enterprise, Fintech, Security, software, digital-media, mobile, data-center-infrastructure, healthcare-tech, it-infrastructure, cloud-tech, adtech, e-commerce, business-productivity-software and environmental-services.
- Stages
- Series C+
- Sectors
- AI, Enterprise, Fintech, Security, software, digital-media, mobile, data-center-infrastructure, healthcare-tech, it-infrastructure, cloud-tech, adtech, e-commerce, business-productivity-software, environmental-services
- Check size
- $5M–$20M
- Invests in
- US-wide
- Round role
- Follows on
- Actively investing
- Yes
- Founded
- 2013
- Assets under management
- $122M
- Website
- springlep.com
Thesis
Spring Lake Equity Partners is a Boston-based private equity firm founded in 2013, specializing in later-stage, technology-oriented private companies across North America. They focus on companies with revenues between $5 million and $50 million, seeking businesses with capital efficiency and a repeatable sales process. Their investment strategy involves providing equity capital for growth or liquidity, often taking a minority stake and partnering with management teams to offer strategic planning, board participation, and network access. The firm invests between $5 million and $20 million per deal. Their sector focus is broad within technology, including software, digital media, mobile, data center infrastructure, healthcare technology, fintech, AI, IT infrastructure, SaaS, cybersecurity, cloud technology, AdTech, e-commerce, business/productivity software, and B2B environmental services. The debut fund raised $122 million in 2013, and they have a 2022 vintage growth and expansion fund. The senior investment team has a long history, working together since 2001.
Common questions
Does SPRING LAKE EQUITY GP LLC invest at the Series C+ stage?
Yes. SPRING LAKE EQUITY GP LLC lists Series C+ among the stages it invests in.
What check size does SPRING LAKE EQUITY GP LLC write?
SPRING LAKE EQUITY GP LLC writes $5M–$20M checks.
Where does SPRING LAKE EQUITY GP LLC invest?
SPRING LAKE EQUITY GP LLC invests in the US.