# Springbuk funding: rounds and investors

> Springbuk has raised $21M across 3 rounds since 2013. Investors include HealthQuest Capital, Elevate and Echo Health Ventures/ Lewis & Clark.

Source: https://millionrounds.com/company/springbuk (Millionrounds; every figure on the page links to its filing or article)

United States · [Series B startup](https://millionrounds.com/companies)

# Who invested in *Springbuk*

3 rounds we have observed, with the 3 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Biotech Healthcare

Funding summary Updated 26 Oct 2026

**$21M** raised across 3 rounds since 2013, from 3 sources

**$400K** Seed **$805K** Seed **$20M** Series B

- **Latest round:** Series B, $20M Jan 2018
- **Step-up i:** 24.8×
- **Investors:** 3

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2014 2015 2016 2017 2018

**$400K** Seed

**$805K** Seed

**$20M** Series B

- **First round:** Seed, $400K
- **Biggest round:** $20M
- **Usual gap between rounds:** 3.9 years

## The rounds

- **Jan 2018** Series B **$20M** *3 new* [HealthQuest Capital](https://millionrounds.com/fund/healthquest-capital) [Elevate](https://millionrounds.com/fund/elevate) Echo Health Ventures/ Lewis & Clark Reported by FinSMEs SEC filing: $20M sold, first sale Jan 2018
- **Mar 2014** Seed **$805K** No investor was named in the report. From a historical funding record
- **Aug 2013** Seed **$400K** No investor was named in the report. From a historical funding record

## Founders and team

From the SEC filings it signed: 5 on the team.

- **Rodney R. Reasen** Common Director; Chief Executive Officer and President i
- **Brian A. Hopcraft** Series A Director i
- **Kristi A. Savacool** Independent Director i
- **Kurt A. Sheline** Series B Director i
- **Randy A. Scott** Series B Director i

On the board, as filed i *Phil A. Daniels*

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Seed** 2013 **Seed** 2014 **Series B** 2018 [HealthQuest Capital](https://millionrounds.com/fund/healthquest-capital) [Elevate](https://millionrounds.com/fund/elevate) Echo Health Ventures/ Lewis & Clark

## Everyone who backed them

[HealthQuest Capital](https://millionrounds.com/fund/healthquest-capital) Growth equity **1** round

[Elevate](https://millionrounds.com/fund/elevate) Private equity **1** round

Echo Health Ventures/ Lewis & Clark no record of our own yet **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=springbuk).

## Also claim to have backed them

This firm lists Springbuk as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

[Elevate Ventures](https://millionrounds.com/fund/elevate-ventures-2) Angel network Per its own site

## Quick answers about Springbuk

### Who invested in Springbuk?

Springbuk's investors include HealthQuest Capital, Elevate and Echo Health Ventures/ Lewis & Clark.

### How much has Springbuk raised?

Springbuk has raised $21M across 3 rounds since 2013.

### When did Springbuk last raise?

Springbuk's most recent round was a Series B of $20M in Jan 2018.

### What was Springbuk's biggest round?

Its most recent round, $20M in Jan 2018, is also its largest on record.

### Who backed Springbuk first?

Springbuk's first round on record, in Jan 2018, was backed by HealthQuest Capital, Elevate and Echo Health Ventures/ Lewis & Clark.

### What stage is Springbuk at?

Springbuk's latest named round is a Series B, in Jan 2018.

### Where is Springbuk based?

Springbuk is based in the United States.

## Companies like Springbuk

In the same sector, and raised in the last eighteen months.

[**Star Therapeutics** $325M · Oct 2026](https://millionrounds.com/company/star-therapeutics)[**Promaxo** $106M · Oct 2026](https://millionrounds.com/company/promaxo)[**Prolific Machines** $105M · Oct 2026](https://millionrounds.com/company/prolific-machines)[**AI** $18M · Oct 2026](https://millionrounds.com/company/ai)[**Baba** $40M · Oct 2026](https://millionrounds.com/company/baba)[**IMIO** $19M · Oct 2026](https://millionrounds.com/company/imio)

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