
Springbank Collective
Description
Springbank Collective is an early-stage venture capital firm based in New York, co-founded by Amy Nelson and Jennifer Fitzgerald. The firm is dedicated to investing in the foundational infrastructure that supports women and working families, addressing critical societal needs through innovative business solutions. Their investment thesis centers on empowering individuals and families by backing companies that enhance the care economy, improve women's health, redefine the future of work, and advance financial technology for families.
Launched with a $15 million inaugural fund in 2022, Springbank Collective strategically deploys capital into pre-seed and seed-stage companies. The firm's focus areas are broad yet interconnected, encompassing vital sectors such as childcare, elder care, fertility, maternal health, and solutions that facilitate flexible work arrangements. By targeting these areas, Springbank aims to build a robust ecosystem that alleviates burdens on working families and promotes gender equity.
To date, Springbank Collective has demonstrated a significant commitment to its mission, having invested in over 40 companies since its inception. Their typical initial check sizes range from $250,000 to $1 million, reflecting their focus on providing crucial early-stage capital. Beyond initial funding, the firm also engages in follow-on investments, supporting portfolio companies as they scale. This approach underscores their long-term partnership model, providing not just capital but also strategic guidance to entrepreneurs building essential services for modern families.
Investor Profile
Springbank Collective has backed more than 42 startups, with 10 new investments in the last 12 months alone. The firm has led 2 rounds, about 5% of its total and boasts 2 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Seed, Series A, Series Unknown rounds (top funding stages).
- Majority of deals are located in United States, Israel, Australia.
- Strong thematic focus on Health Care, Financial Services, Wellness.
- Led 1 rounds in the past year.
- Typical check size: $250K – $1M.
Stage Focus
- Seed (50%)
- Series A (31%)
- Series Unknown (10%)
- Series B (5%)
- Pre Seed (5%)
Country Focus
- United States (86%)
- Israel (5%)
- Australia (2%)
- Mexico (2%)
- United Kingdom (2%)
Industry Focus
- Health Care
- Financial Services
- Wellness
- Software
- Fintech
- Apps
- Education
- Artificial Intelligence (Ai)
- Women's
- Edtech
Frequently Asked Questions
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