Spring Lake Equity Partners
Spring Lake Equity Partners is a Boston-based growth equity firm that invests $5-20 million, primarily as minority stakes, in later-stage technology companies with $5-50 million in revenue across software, digital media, healthcare IT, and data analytics.
- Company typePrivate
- Founded1995
- HeadquartersBoston, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Spring Lake Equity Partners does
Spring Lake Equity Partners is a Boston-based (Burlington, MA) growth equity firm that invests $5-20 million, primarily as a minority investor, in later-stage, technology-oriented private companies. The firm targets tech and tech-enabled services businesses with $5-50 million in revenue, high growth, demonstrated momentum, repeatable sales processes, and capital-efficient models. Sectors of focus include software, digital media, mobile, data center infrastructure, healthcare IT, and business/financial services. The firm partners with management teams through active board participation, strategic planning, and network leverage rather than through operational control.
The firm's origins trace back to Tudor Ventures, the private equity arm of Tudor Investment Corporation, where the founding partners invested together from 1995 onward. Spring Lake was established as an independent entity in 2013, continuing a portfolio lineage that spans 40+ historical investments including Art Technology Group, Intelligrated, Signify Health, GAIN Capital, and MATRIXX Software. Current active portfolio (12+ companies) spans BlueConic, CLARA Analytics, Cognition, DemandBase, NetBase Quid, Noodle, One Door, PhoenixET, Testlio, Trifecta, Unacast, WonderKind (Wunderkind), Zylo, and Access TeleCare.
Spring Lake's business model follows standard growth equity economics: it raises limited-partner capital into one or more funds, charges management fees on committed/invested capital, and earns carried interest on profitable realizations. The firm operates with a small team (11-50 employees, with three named partners and at least one principal), sources deals through direct relationships, board connections, and co-investors, and pursues exits via M&A, IPOs, and secondary transactions. The firm is registered as Spring Lake Equity GP LLC, a Registered Investment Adviser domiciled in Massachusetts, and is privately held by its founding partners with no parent company.
Spring Lake Equity Partners firmographics
Firmographics- Name
- Spring Lake Equity Partners
- Legal name
- Spring Lake Equity GP LLC
- Website
- https://springlep.com
- Company type
- Private
- Founded year
- 1995
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Spring Lake Equity Partners is a Boston-based growth equity firm that invests $5-20 million, primarily as minority stakes, in later-stage technology companies with $5-50 million in revenue across software, digital media, healthcare IT, and data analytics.
- Ownership category
- akta.pro rank
Spring Lake Equity Partners industry classification
Industry- Product category
- Private Equity / Growth Equity Investing
- NAICS
- Portfolio Management and Investment Advice (523940)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Technology & Software Growth Equity (FSANACAA)
- akta.pro secondary industry
- Healthcare & Life Sciences Growth Equity (FSANACAB)
Keywords
Where Spring Lake Equity Partners is headquartered
LocationHeadquarters
- HQ city
- Boston
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Spring Lake Equity Partners business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales
Revenue model
- Equity Investment Returns: Invests equity capital in later-stage, technology-oriented private companies. Generates returns through portfolio company value creation, exits via M&A, IPOs, or secondary transactions. Invests $5-20 million per company primarily as minority investor.
- Management Fees / Fund Administration: Standard VC/growth equity model with management fees from managed funds and carried interest from successful portfolio exits.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels4 records
Spring Lake Equity Partners product offering
Product offeringCore offering
Spring Lake Equity Partners is a Boston-based growth equity firm that invests $5–$20 million primarily as a minority investor in later-stage, technology-oriented private companies. The firm targets tech and tech-enabled services businesses with $5–$50 million in revenue, high growth, demonstrated momentum, and repeatable sales processes, and partners with management teams through active board participation, strategic planning, and network access.
Product overview
Spring Lake Equity Partners is a Boston-based growth equity firm that invests equity capital in later-stage, technology-oriented private companies. The firm does not offer products or services in the traditional sense; rather it provides growth equity capital ($5-$20 million investments), strategic planning support, and board participation to portfolio companies. Investment focus areas include software, digital media, mobile, data center infrastructure, healthcare IT, and business/financial services. The firm's portfolio includes companies such as Access TeleCare, BlueConic, CLARA Analytics, Cognition, DemandBase, Noodle, One Door, PhoenixET, NetBase Quid, Testlio, Trifecta, Unacast, Wunderkind, and Zylo.
Differentiator
Problem solved
Functional benefit
Products and services
- Growth Equity Investment Provides $5–$20 million growth equity capital primarily as minority investments in later-stage, technology-oriented private companies with $5–$50 million in revenue. For founders and management teams seeking growth capital, strategic guidance, and board-level support.
Quantifiable outcome
- Signify Health IPO raised $564M with $7.12B market cap
- +3 more outcomes
Companies that use Spring Lake Equity Partners
Customer profileNamed customers17 records
Segments4 records
Ideal customer profiles1 record
Spring Lake Equity Partners technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Spring Lake Equity Partners partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core.
- JDA SoftwarecoreOne Door (Spring Lake portfolio company) announced a partnership agreement with JDA Software in February 2020. JDA's category management and space planning capabilities integrate with One Door's Merchandising Cloud platform. JDA customers can turn planograms into step-by-step interactive merchandising guides delivered to mobile devices.
- Micro FocuscoreAstadia (Spring Lake portfolio company) announced a partnership with Micro Focus and Microsoft to deploy FASTPaaS - a comprehensive suite of products and methodologies designed to transform COBOL applications for next-generation digital infrastructures on Microsoft Azure. The joint offering enables mainframe modernization to cloud.
- MicrosoftcoreMicrosoft partnered with Astadia (Spring Lake portfolio company) and Micro Focus for mainframe-to-cloud modernization. Astadia received Microsofts Top Performer award for Mainframe to Azure Modernization. Microsoft honored Astadia during the 2018 Microsoft Inspire Conference.
Scale indicators9 records
Recent moves6 records
Expansion highlights5 records
Spring Lake Equity Partners competitors and assessment
Company assessmentMarket position
Competitive moat4 records
Key risks2 records
Key highlights6 records
Customer concentration
Spring Lake Equity Partners social profiles
Digital presenceSpring Lake Equity Partners financial estimates
Financial estimateRevenue estimate
Valuation estimate
Spring Lake Equity Partners leadership team
Management profileNumber of profiles
Profiles4 records
Spring Lake Equity Partners funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Spring Lake Equity Partners M&A and investment
M&A and investmentM&A
Investments31 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Spring Lake Equity Partners
What does Spring Lake Equity Partners do?
Spring Lake Equity Partners is a Boston-based growth equity firm that invests $5–$20 million primarily as a minority investor in later-stage, technology-oriented private companies. The firm targets tech and tech-enabled services businesses with $5–$50 million in revenue, high growth, demonstrated momentum, and repeatable sales processes, and partners with management teams through active board participation, strategic planning, and network access.
Is Spring Lake Equity Partners a public or private company?
Spring Lake Equity Partners is a private company. It is classified as management employee owned and is currently operating.
When was Spring Lake Equity Partners founded?
Spring Lake Equity Partners was founded in 1995. It employs 11 to 50 people.
Where is Spring Lake Equity Partners based?
Spring Lake Equity Partners is headquartered in Boston, United States, in the North America region.
How does Spring Lake Equity Partners make money?
Two revenue lines are on record. Equity Investment Returns are the primary driver. The others are management Fees / Fund Administration.
Does Spring Lake Equity Partners have an API?
No public API is recorded for Spring Lake Equity Partners.
What industry is Spring Lake Equity Partners in?
Spring Lake Equity Partners's product category is Private Equity / Growth Equity Investing. Its primary akta.pro industry code is FSANACAA, Technology & Software Growth Equity, with a secondary code of FSANACAB, Healthcare & Life Sciences Growth Equity. Its NAICS code is 523940 and its SIC code is 6282.