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Springbank Collective

North America, New York, United States, New York

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
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Springbank Collective frequently co-invest with?

Gaingels
North America, Vermont, United States, Burlington
Co-Investments: 3
Bain Capital Ventures
North America, California, United States, San Francisco
Co-Investments: 4
CRV
North America, California, United States, Palo Alto
Co-Investments: 2
Bossa Invest
South America, Sao Paulo, Brazil, São Paulo
Co-Investments: 3
Torch Capital
North America, New York, United States, New York
Co-Investments: 3
G9 Ventures
North America, New York, United States, New York
Co-Investments: 3
SemperVirens Venture Capital
North America, California, United States, San Mateo
Co-Investments: 3
BoxGroup
North America, New York, United States, New York
Co-Investments: 2
Kapor Capital
North America, California, United States, Oakland
Co-Investments: 3
AlleyCorp
North America, New York, United States, New York
Co-Investments: 2

Which angels does Springbank Collective often collaborate with?

SB
North America, California, United States
Shared Deals: 1
CP
North America, Colorado, United States, Denver
Shared Deals: 1
AP
North America, California, United States, Palo Alto
Shared Deals: 1
AJ
North America, Illinois, United States, Chicago
Shared Deals: 1
KR
North America, New York, United States, New York
Shared Deals: 1
CC
North America, New York, United States, New York
Shared Deals: 1
AW
North America, California, United States, San Francisco
Shared Deals: 1
AY
North America, California, United States, San Francisco
Shared Deals: 2
Derick En'Wezoh, MD
North America, California, United States
Shared Deals: 1
AD
North America, California, United States, San Francisco
Shared Deals: 1

What are some of recent deals done by Springbank Collective?

Faye

San Francisco, California, United States

Faye is a tech platform that helps households with trusted Family Advisors to handle tasks.

Information Services
Pre SeedApr 30, 2025
Amount Raised: $2,500,000
Brisk Teaching

Los Altos, California, United States

Brisk Teaching provides AI-powered tools for educators to enhance teaching with digital resources.

Artificial Intelligence (AI)EdTechEducation
Series AMar 26, 2025
Amount Raised: $15,000,000
Level Zero Health

London, England, United Kingdom

Level Zero Health focuses on advanced biosensor technology to collect new types of data by combining biochemistry and nanotechnology.

BiotechnologyNanotechnologyProduct Research
Pre SeedFeb 18, 2025
Amount Raised: $6,935,871
Little Otter

San Francisco, California, United States

Little Otter is a children's mental health company that developed an app that focuses on the mental health of children and their families.

AppsChildrenHealth CareMental Health
Series UnknownFeb 5, 2025
Amount Raised: $9,500,000
StretchDollar

San Francisco, California, United States

StretchDollar is an insurance company that offers custom health benefits for small businesses.

Financial ServicesHealth InsuranceInsurance
SeedDec 3, 2024
Amount Raised: $7,824,996

First is the most trusted prenup online.

Consumer SoftwareLegal Tech
SeedOct 24, 2024
Amount Raised: $4,250,000
Alchemy

San Francisco, California, United States

Alchemy creates and implements clinical pharmacy programs and deploys technology products that use the pharmacy.

Health CareHealth DiagnosticsPharmaceutical
SeedOct 15, 2024
Amount Raised: $31,000,000
Guardoc Health

Tel Aviv, Tel Aviv, Israel

Guardoc Health is streamlining clinical compliance with AI-driven accuracy in charting to meet regulations.

Health CareHospital
SeedAug 15, 2024
Amount Raised: $3,000,000
Guardoc Health

Tel Aviv, Tel Aviv, Israel

Guardoc Health is streamlining clinical compliance with AI-driven accuracy in charting to meet regulations.

Health CareHospital
SeedAug 14, 2024
Amount Raised: $3,000,000
Brisk Teaching

Los Altos, California, United States

Brisk Teaching provides AI-powered tools for educators to enhance teaching with digital resources.

Artificial Intelligence (AI)EdTechEducation
SeedAug 9, 2024
Amount Raised: $6,899,995