What Springvest does

Springvest Oyj (Nasdaq Helsinki: SPRING) is a Finnish regulated investment services company founded in 2013 and headquartered in Helsinki. It operates a digital investment platform (app.springvest.fi) that enables private investors and family companies to participate directly in funding rounds for unlisted Finnish growth technology companies, alongside an institutional channel serving pension insurers (Varma, Elo) and professional investors via private placements. Springvest evaluates approximately 200 growth companies per year, selects 8-10, and structures discrete, time-bound funding rounds — typically €5-50M in size. To date it has organized €428M of growth financing across 110 rounds for 69 portfolio companies, with 16,960 registered investors and a 100% realized-round track record.

The company's product surface comprises the Springvest Investment Platform (web/mobile) for retail investors, the Funding Rounds (Rahoituskierrokset) arrangement service, the listed Springvest share as an indirect diversified vehicle, and Kasvurahoitus (Growth Financing) for companies seeking capital. Following its January 2026 acquisition of Venture House Oy and the strategic partnership with HTGP Group, Springvest has extended its offering into consulting, strategy, AI, HR, finance, branding, and internationalization services for portfolio companies, creating an integrated financing-plus-advisory ecosystem. Revenue is generated through one-time investor subscription fees (no annual management fees), arrangement and issuance fees from growth companies, and success-based tied-agent commissions (sidonnaisasiamiehet).

Springvest's revenue is not publicly disclosed. Triangulation across 11-50 employees, ~€50-60M of annual arranged funding volume, and typical issuer-advisor fee economics suggests annual revenue in the low-to-mid single-digit millions of euros. The company is licensed by Finanssivalvonta and has institutional coverage from Inderes, which raised its recommendation to 'Add' with a €9.2 target price on improving H1 2026 organized financing.

Name

Springvest

Legal name

Springvest Oyj

Website

https://springvest.fi

Company type

Public

Founded year

2013

Operating status

Operating

Headcount range

11–50 employees

Short description

Springvest Oyj (Nasdaq Helsinki: SPRING) is a Finnish regulated investment platform that arranges funding rounds for unlisted Finnish growth technology companies, serving private investors, family companies, and institutional investors such as Varma and Elo, with €428M organized across 110 rounds since 2013.

Ownership category

akta.pro rank

Product category

Private Growth Investment Services

NAICS

Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523), Portfolio Management and Investment Advice (523940)

SIC

Investment Advice (6282), Security Brokers, Dealers & Flotation Companies (6211)

akta.pro primary industry

Secondaries Fundraising & Liquidity Intermediation (LP Stakes/GP-led) (FSAEALAG)

akta.pro secondary industries

Early-Stage Venture Capital (Series A/B) (FSANAAAB), M&A / Corporate Finance Finders (Deal Origination) (FSAEAMAD)

Keywords

• Private equity services
• Growth investment platform
• Capital raising services
• Unlisted growth companies
• Investment services

Headquarters

HQ city

Helsinki

HQ country

Finland

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure, Others

Revenue model

1. Subscription/membership fees from private investors: Springvest charges private investors a one-time subscription fee when they join the platform and create a customer relationship. This is the primary ongoing revenue from retail customers. No annual management fees are charged.
2. Capital raising / arrangement fees from growth companies: Springvest charges target companies for arranging and managing funding rounds (issuance organization services). This is a key revenue stream from the company's core growth financing business. Fees are tied to the success of funding round completions.
3. Tied agent commissions: Tied agents (sidonnaisasiamiehet) receive success-based commissions tied to the completion of funding rounds. These commissions are paid by Springvest and/or the target companies and do not increase costs for the customer.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels7 records

Core offering

Springvest Oyj operates a regulated digital investment platform that organizes funding rounds enabling private investors, family companies, and institutional investors to buy equity directly in unlisted Finnish growth technology companies. The company curates a deal pipeline by evaluating approximately 200 companies annually and selecting 8-10 for funding rounds, handling due diligence, investor onboarding, subscription processing, share registry, and reporting. It also arranges private placements and co-investments for professional investors such as Varma and Elo.

Product overview

Springvest is a Finnish growth investment platform that operates as a single unified platform combining multiple services: the Springvest investment platform (web and mobile) for private investors to participate in funding rounds for unlisted Finnish technology companies; Rahoituskierrokset (Funding Rounds) as the core investment product; Springvestin osake (Springvest Share) as an indirect investment vehicle via the listed company stock; Kasvurahoitus (Growth Financing) services for companies seeking capital; and Venture House Oy as a subsidiary providing advisory services. The platform connects growth companies with private and institutional investors, facilitating direct investments in exchange for equity.

Differentiator

Problem solved

Functional benefit

Products and services

• Springvest Investment Platform (app.springvest.fi) Digital self-service investment platform enabling private investors and family companies in Finland to invest in curated funding rounds of unlisted technology growth companies, with KYC/suitability checks, subscription processing, and portfolio reporting.
• Funding Rounds (Rahoituskierrokset) Structured equity issuance rounds in selected unlisted Finnish technology companies, organized and underwritten by Springvest on behalf of the issuing company, open to private and institutional investors.
• Springvest Share (Springvestin osake) Indirect exposure product for investors who want diversified exposure to Springvest's portfolio of unlisted Finnish growth companies by purchasing the publicly listed Springvest Oyj share (SPRING on Nasdaq Helsinki).
• Growth Financing Service (Kasvurahoitus) End-to-end capital raising service for unlisted Finnish technology growth companies, including deal sourcing, due diligence, structuring, investor relations, and execution of equity funding rounds through Springvest's investor network.
• Venture House Oy Advisory and Consulting Services Advisory and consulting services for portfolio growth companies covering strategy, AI, HR, finance, branding, marketing, digital sales, communications, and international scaling, delivered through the Venture House subsidiary in partnership with HTGP Group.
• Private Placements for Professional Investors (Ammattimaisille sijoittajille) Dedicated private placement and co-investment service for pension insurance companies, family offices, and venture capital firms to participate directly in funding rounds alongside Springvest's public offerings on custom multi-year terms.

Quantifiable outcome

• Over €428 million in organized growth financing across 110 funding rounds for 69 growth companies
• +4 more outcomes

Named customers20 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Seven partnerships are on record, tiered minor and core.

• Notarec (HTGP subsidiary)minorImplementation/ SI/ Consulting Partner · 10 April 2026Notarec, an HTGP Group company, will largely be responsible for Venture House's operational service production. The first step is recruiting a CEO for Venture House together with Notarec.
• Venture House OycoreOthers · 1 January 2026Springvest acquired Venture House Oy at the beginning of 2026, forming a group structure. Venture House will become a joint venture with HTGP, providing consulting and advisory services to growth companies, combining both parties' expertise and networks.
• HTGP Group (HT Growth Partners Oy)coreStrategic or Co-development Partner · 10 December 2025Springvest and HTGP Group entered into a strategic partnership through the joint venture Venture House Oy. HTGP brings ~60 experts and a comprehensive service offering for growth companies (strategy, AI, HR, finance, branding, marketing, digital sales, communications, and strategic advisory). HTGP will become a minority shareholder of Venture House with a stake to be agreed later. The partnership aims to create a one-stop-shop service for Finnish growth companies from financing to international scaling and successful exits.
• Suomen startup-yhteisö (Finnish Startup Community)minorGTM or Marketing Partner · 17 October 2024Springvest joined as a member of the Finnish Startup Community, which discusses how to make Finland the best place in the world for building and developing startups.
• Pääomasijoittajat (Finnish Private Equity Association)minorGTM or Marketing Partner · 17 October 2024Springvest became a member of Pääomasijoittajat, the unified voice of the private equity industry in Finland, with the goal of bringing more fast-growing and sustainably growing companies to Finland funded by private equity.
• Boardman GrowminorGTM or Marketing Partner · 17 October 2024Springvest is a partner of the Boardman Grow expertise network and co-organizes events within the network.
• United Nations Principles for Responsible Investment (UN PRI)minorOthersSpringvest has signed the UN Principles for Responsible Investment, committing to incorporate environmental, social, and governance (ESG) considerations into its investment processes.

Scale indicators13 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• Invesdor: Finnish/Nordic equity crowdfunding and investment platform that connects retail investors with unlisted growth companies. Directly comparable in customer base (Finnish retail + institutional) and product offering (curated funding rounds in growth equity).
• Funderbeam: Estonia-founded platform providing fractionalized secondary trading and data on unlisted growth companies. Comparable as a regulated European platform focused on private-company investor access, though it emphasizes secondary liquidity over primary rounds.
• Companisto: German equity crowdfunding platform arranging funding rounds for unlisted growth companies from a broad base of retail and professional investors. Closely comparable business model to Springvest in a different (DACH) geography.
• Seedrs: UK-based equity crowdfunding platform with regulated nominee structure for retail investors in unlisted companies. Direct comparable on funding-round intermediation, retail investor onboarding, and regulatory framework (FCA-licensed).
• Crowdcube: UK equity crowdfunding platform raising capital for growth and scale-up companies from a retail investor base. Highly comparable in product, customer segment, and capital-raising intermediation model.
• FundedByMe: Swedish/Nordic equity crowdfunding platform offering private investors access to early-stage and growth-stage funding rounds. Closely comparable regional competitor in the Nordic private-investment platform space.

Emerging players

• SeedBlink: Central and Eastern European equity crowdfunding platform for tech startups, with secondary marketplace functionality. Comparable in business model but operates in a different geography and at a smaller scale than Springvest.

Broad incumbents

• Wefunder: US-based equity crowdfunding leader offering retail investors access to startup and growth rounds under Regulation Crowdfunding. Comparable in platform-mediated capital raising, though significantly larger and operating under a different regulatory regime.
• Republic: US-based private investment platform spanning equity crowdfunding, crypto, and secondary trading. Comparable product overlap (curated funding rounds for retail investors) though broader in scope and geographic reach than Springvest.

Others

• Tesi (Finnish Industry Investment): State-owned Finnish investment company that co-invests in growth companies alongside Springvest's rounds. Comparable ecosystem participant in Finnish growth investing, though Tesi is a direct investor rather than a placement intermediary.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/Springvest
• LinkedInlinkedin.com/company/springvest
• Instagraminstagram.com/springvest
• TikToktiktok.com/@springvestoyj

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments22 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Springvest