Spring Genetics
Spring Genetics is a Miami-based aquaculture biotechnology company that operates a biosecure Nile tilapia breeding nucleus, supplying disease-free broodstock, all-male fingerlings, and live fish to commercial fish farms and foodservice buyers globally via direct sales and franchise multipliers.
- Company typePrivate
- Founded2009
- HeadquartersMiami, United States
- Headcount1–10
- GTM typeB2B
- OfferingHardware or Manufacturing
What Spring Genetics does
Spring Genetics is a biotechnology company specializing in the genetic improvement of Nile tilapia (Oreochromis niloticus) for the global aquaculture industry. Founded in 2009 and headquartered in Miami, Florida, the company operates a state-of-the-art, biosecure breeding nucleus that supplies disease-free broodstock, all-male fingerlings, and live fish products to commercial aquaculture operations worldwide. Its core technology is a selective breeding program that continuously improves key traits including growth rate, disease tolerance, and product quality, supported by high biosecurity standards and non-GMO, antibiotic-free husbandry practices.
The company monetizes through three primary revenue streams: direct B2B sales of live tilapia and processed H.O.G. (Head-on-Gutted and scaled) products to US restaurants and stores via semi-load shipments from Florida; one-time sales of disease-free fingerlings and broodstock to aquaculture operators globally; and franchise (multiplier) licensing agreements that authorize regional partners to produce and distribute Spring Genetics tilapia stock under brand. The company also generates revenue from tailor-made broodstock breeding programs and technical consultancy services covering biosecurity, animal welfare, and genetic improvement advisory.
Spring Genetics was previously owned by Benchmark Holdings plc before a 2023 management buyout led by Hideyoshi Segovia established the company as an independent entity while retaining a strategic partnership with Benchmark for ongoing breeding program development. The franchise distribution model and global service offering indicate the company's intent to scale genetics supply beyond the US domestic market, leveraging its Miami-based breeding nucleus as the central genetic reservoir for international multiplier partners.
Spring Genetics firmographics
Firmographics- Name
- Spring Genetics
- Legal name
- Spring Genetics
- Website
- https://spring-genetics.com
- Company type
- Private
- Founded year
- 2009
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Spring Genetics is a Miami-based aquaculture biotechnology company that operates a biosecure Nile tilapia breeding nucleus, supplying disease-free broodstock, all-male fingerlings, and live fish to commercial fish farms and foodservice buyers globally via direct sales and franchise multipliers.
- Ownership category
- akta.pro rank
Spring Genetics industry classification
Industry- Product category
- Aquaculture Genetics
- NAICS
- Finfish Farming and Fish Hatcheries (112511), Aquaculture (11251), Animal Production and Aquaculture (112)
- SIC
- Agricultural Prod-Livestock & Animal Specialties (200), Agricultural Services (700)
- akta.pro primary industry
- Aquaculture Breeding & Genetics Services (e.g., broodstock improvement) (AFAEAJAN)
- akta.pro secondary industries
- Tilapia & Warmwater Fish Hatcheries (e.g., Catfish, Carp) (AFAEAKAE), Hatchery, Nursery & Seed Production (aquaculture-specific) (AFAEAAAF), Nucleus Herd/Flock Breeding & Multiplier Stock Supply (AFAEAJAF)
Keywords
Where Spring Genetics is headquartered
LocationHeadquarters
- HQ city
- Miami
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Spring Genetics business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Operations, Supply Chain, Personnel, Infrastructure, Technology or R&D
Revenue model
- Live Fish Sales: Direct sales of live tilapia fish and H.O.G. (Head-on-Gutted and scaled) fish products to restaurants and stores across the US from Florida
- Fingerlings and Breeders: Sales of disease-free fingerlings and broodstock (breeders) to aquaculture operations worldwide
- Franchise Agreements: Multiplier franchise agreements allowing partners to produce and distribute tilapia under the Spring Genetics brand
Go-to-market motion1 record
Distribution channels2 records
Marketing channels5 records
Spring Genetics product offering
Product offeringCore offering
Spring Genetics operates a state-of-the-art tilapia selective breeding program from a biosecure breeding nucleus in Miami, FL, producing and supplying high-quality Nile Tilapia (Oreochromis niloticus) genetic stock — including broodstock, fingerlings and live fish — to commercial aquaculture operations worldwide. The company supplements its live fish products with tailor-made broodstock programs, franchise (multiplier) agreements for licensed reproduction, and technical consultancy services.
Product overview
Spring Genetics operates as a tilapia genetics company managing a state-of-the-art breeding nucleus in Miami, Florida. The company offers a portfolio of products centered on Nile tilapia (Oreochromis niloticus) genetics, including disease-free breeders, all-male fingerlings, and live fish products. These core genetic products are supported by service offerings including franchise (multiplier) agreements for authorized production, tailor-made broodstock programs, and technical consultancy services. The company positions itself as a complete solutions provider for the aquaculture industry, combining genetic stock supply with training, biosecurity guidance, and breeding program support.
Differentiator
Problem solved
Functional benefit
Products and services
- Nile Tilapia Live Fish Live, high-health Nile Tilapia produced from the company's biosecure breeding nucleus in Miami, FL. Sold to commercial fish farms and aquaculture operations worldwide.
- Nile Tilapia Breeders (Broodstock) Genetically improved Nile Tilapia broodstock (breeders) produced through the company's selective breeding program. Sold to tilapia hatcheries, multipliers and commercial farms seeking high-performance breeding animals.
- All-Male Fingerlings All-male Nile Tilapia fingerlings derived from the company's improved broodstock, supplied to commercial grow-out farms to maximize growth performance and uniformity.
- Tailor-Made Broodstock Programs Custom-designed broodstock programs allowing customers to specify the genetic composition and traits (e.g., growth, conformation, fillet yield) of their tilapia breeding stock.
- Franchise (Multiplier) Agreements Licensed franchise/multiplier agreements under which approved partners are authorized to multiply and distribute Spring Genetics' tilapia genetic stock within defined territories, with technical and genetic support from Spring Genetics.
- Technical Aquaculture Consultancy
Companies that use Spring Genetics
Customer profileSegments1 record
Ideal customer profiles2 records
Spring Genetics technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
Spring Genetics partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Benchmark Holdings plccoreSpring Genetics management team completed a management buyout from Benchmark Holdings plc in 2023. The company established a partnership with Benchmark for the continued development of its tilapia selective breeding program. The MBO team led by Hideyoshi Segovia maintains ongoing collaboration with Benchmark for genetic advancement in tilapia breeding.
Recent moves6 records
Expansion highlights5 records
Spring Genetics competitors and assessment
Company assessmentBroad incumbents
- Benchmark Holdings plc: UK-listed aquaculture genetics and animal health group and former owner of Spring Genetics. Comparable as a global aquaculture genetics platform covering tilapia, salmon, and shrimp; competes and partners with Spring Genetics on tilapia selective breeding.
- Hendrix Genetics: Global multi-species animal genetics company with aquaculture programs (salmon, trout, shrimp, bass). Comparable as a large incumbent applying selective breeding and genomic tools to aquaculture, providing both a competitor benchmark and potential partner/acquirer for Spring Genetics.
- Akva Group: Global aquaculture technology and services supplier covering equipment, feeding, and genetics-adjacent offerings. Comparable as a broader aquaculture platform serving many of the same commercial fish farmers that purchase Spring Genetics' fingerlings and broodstock.
- INVE Aquaculture (Benchmark Specialty Nutrition): Aquaculture health and nutrition specialist within the Benchmark group, focused on hatchery feeds and larval health. Comparable as a complementary aquaculture input supplier whose hatchery customers overlap with Spring Genetics' fingerling buyer base.
Direct peers
- GenoMar: Norwegian-headquartered tilapia and other finfish genetics company with selective breeding programs in Latin America and Asia. Direct competitor to Spring Genetics in the Nile tilapia genetics market, serving the same aquaculture producers with similar fingerling and broodstock products.
- Til-Aqua International: Netherlands-based supplier of all-male tilapia (YY-male technology) fingerlings and broodstock. Directly competes with Spring Genetics on Nile tilapia fingerling supply to commercial tilapia farms, with a similar B2B distributor and franchise-style model.
Emerging players
- AquaGen: Norwegian salmonid genetics company developing selective breeding and genomic tools for aquaculture. Adjacent peer in the genetics-for-aquaculture category, sharing the breeding-program-driven business model even though its primary species (Atlantic salmon) differs from Spring Genetics' Nile tilapia.
- WorldFish: International fisheries and aquaculture research organization with public tilapia genetics improvement programs (e.g., GIFT strain). Comparable as a tilapia genetics developer whose improved strains and fingerlings compete with Spring Genetics' Nile tilapia lines in developing markets.
- Cryogenetics: Specialist in cryopreservation of aquaculture genetics and tilapia/salmon milt services. Comparable as an enabling player in the aquaculture genetics value chain, supplying genetic material management services that complement or compete with Spring Genetics' breeder supply offering.
Others
- Regal Springs: Vertically integrated premium tilapia producer farming in Honduras, Indonesia, and Mexico. Comparable as a large-scale tilapia customer and channel, with potential to be either a major buyer of Spring Genetics' genetics or a competitor developing in-house selective breeding capabilities.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Spring Genetics social profiles
Digital presenceSpring Genetics financial estimates
Financial estimateRevenue estimate
Valuation estimate
Spring Genetics leadership team
Management profileNumber of profiles
Profiles1 record
Spring Genetics funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Spring Genetics M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Spring Genetics
What does Spring Genetics do?
Spring Genetics operates a state-of-the-art tilapia selective breeding program from a biosecure breeding nucleus in Miami, FL, producing and supplying high-quality Nile Tilapia (Oreochromis niloticus) genetic stock — including broodstock, fingerlings and live fish — to commercial aquaculture operations worldwide. The company supplements its live fish products with tailor-made broodstock programs, franchise (multiplier) agreements for licensed reproduction, and technical consultancy services.
Is Spring Genetics a public or private company?
Spring Genetics is a private company. It is classified as management employee owned and is currently operating.
When was Spring Genetics founded?
Spring Genetics was founded in 2009. It employs 1 to 10 people.
Where is Spring Genetics based?
Spring Genetics is headquartered in Miami, United States, in the North America region.
How does Spring Genetics make money?
Three revenue lines are on record. Live Fish Sales are the primary driver. The others are fingerlings and Breeders and franchise Agreements.
Who are Spring Genetics's main competitors?
Broad incumbents on record are Benchmark Holdings plc, Hendrix Genetics, Akva Group and INVE Aquaculture (Benchmark Specialty Nutrition). Direct peers are GenoMar and Til-Aqua International. Emerging players are AquaGen, WorldFish and Cryogenetics. Regal Springs is listed as an others.
Does Spring Genetics have an API?
No public API is recorded for Spring Genetics.
What industry is Spring Genetics in?
Spring Genetics's product category is Aquaculture Genetics. Its primary akta.pro industry code is AFAEAJAN, Aquaculture Breeding & Genetics Services (e.g., broodstock improvement), with a secondary code of AFAEAKAE, Tilapia & Warmwater Fish Hatcheries (e.g., Catfish, Carp). Its NAICS code is 112511 and its SIC code is 200.