Spring Mountain Capital
Overview
Spring Mountain Capital is a private investment management firm founded in 2001 that focuses on alternative asset investing and offers investors a wide range of strategies designed to produce attractive risk-adjusted returns. SMC is organized into five investment groups: Growth Equity, Total Return, Private Capital, Social Impact and Municipal Bonds. It provides capital for enterprise software, digital health, technology-enabled services, and healthcare companies across North America. The firm prefers to invest in life sciences, cybersecurity, e-commerce, impact investing, and virtual reality.
Investments
| Company | Date | Stage | Lead |
|---|---|---|---|
| Maven Clinic | Feb 2020 | Series C | Co-investor |
| Wingtra | Aug 2024 | Series B Extension | Co-investor |
| xCures | Jun 2026 | Series B | Co-investor |
| Yunu | Apr 2025 | Series A Extension | Lead |
| Allyx Therapeutics, Inc. | May 2026 | Series A | Lead |
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Key People
Launny Steffens
Founder, Chairman And Senior Managing Director
Jack Januszewski
Vice President
Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.
FAQ
Where is Spring Mountain Capital based?
Spring Mountain Capital is headquartered in New York City, New York, United States.
When was Spring Mountain Capital founded?
Spring Mountain Capital was founded in 2001.
How many portfolio companies does Spring Mountain Capital have?
Spring Mountain Capital has 31 portfolio companies in Caplight's dataset.
What are some companies in Spring Mountain Capital's portfolio?
Portfolio companies visible on Caplight include Maven Clinic, Wingtra, xCures, Yunu, Allyx Therapeutics, Inc..
What was Spring Mountain Capital's most recent investment shown here?
Spring Mountain Capital's most recent investment in this portfolio sample was in xCures in 2026.
What sectors does Spring Mountain Capital focus on?
Spring Mountain Capital focuses on Enterprise Software, Enterprise Software, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, AI, Data & Cloud Infrastructure, Healthcare & Life Sciences, Healthcare & Life Sciences, Frontier & Industrial Tech, Healthcare & Life Sciences, Healthcare & Life Sciences, Enterprise Software, Enterprise Software, Healthcare & Life Sciences, Enterprise Software, Healthcare & Life Sciences, Enterprise Software, Healthcare & Life Sciences, Consumer & Commerce, Enterprise Software, Frontier & Industrial Tech, Enterprise Software, Enterprise Software, Healthcare & Life Sciences, Consumer & Commerce, Media, Entertainment & Gaming, Frontier & Industrial Tech, Enterprise Software, Enterprise Software, Enterprise Software, Frontier & Industrial Tech, Consumer & Commerce, Healthcare & Life Sciences, AI, Data & Cloud Infrastructure, Enterprise Software, Consumer & Commerce, AI, Data & Cloud Infrastructure, Enterprise Software, Mobility, Transportation & Logistics, Enterprise Software, Healthcare & Life Sciences, Enterprise Software, AI, Data & Cloud Infrastructure, Frontier & Industrial Tech, Enterprise Software.
What company stages does Spring Mountain Capital focus on?
Spring Mountain Capital typically invests at the Mid stage.
What is Spring Mountain Capital's AUM?
Spring Mountain Capital's assets under management are estimated between $1.0B and $10.0B.