# Sprig Equity: portfolio, investments and team

> Sprig Equity is a vc firm based in United States. 1 investment on record, latest Aug 2025. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/sprig-equity (Millionrounds; every figure on the page links to its filing or article)

United States · [Investor](https://millionrounds.com/investors)

# Sprig Equity

Filed with the SEC to raise a fund in Aug 2026, closing $2M. Last cheque observed Aug 2025.

Quiet New fund $1.9M, Aug 2026 VC firm

Growth Venture Capital & Private Equity

Cheques on record

**0%** of best year **0** **cheques in 12 months**, 1 on record

Since the last cheque **437** days **00** hrs **00** min **00** sec

Median round **$140M** Rounds led **0 of 1**

Pitch Sprig Equity

## Sprig Equity highlights

- 01 1 rounds on record
- 02 Mostly Series D: 100% of its rounds

## What they do

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** Not stated
- **Stages:** Growth
- **Sectors:** Venture Capital & Private Equity
- **Based in:** Wilmette, United States
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **1 appearances**

- **2025** 1 round
- **Aug** **[SetPoint Medical](https://millionrounds.com/company/setpoint-medical)** Series D · US · Elevage Medical Technologies **$140M** With 17 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The team

Named by the firm itself, on a filing, its Form ADV or its company registration **3 named**

EN **Evan Norton** Managing Partner of the Manager i Filing they signed

KA **Katie Arnold** Operating Partner of the GP i Filing they signed

RR **Rebecca Raabe** Investment Partner; Chief Compliance Officer i Form ADV

We also hold **7** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

## What the register says

From the firm's own filings with the SEC, which it must file accurately by law

**$55M** gross assets of its funds Oct 2026

**Exempt** reporting adviser venture or small private funds

- **Legal name:** Sprig Equity Management, LLC
- **SEC number:** CRD 331022

## What they claim to have backed

From their own portfolio page (on their website)

**7** of 12 we have independently watched raise

[Conformal Medical](https://millionrounds.com/company/conformal-medical)[Cytovale](https://millionrounds.com/company/cytovale)[Levita Magnetics](https://millionrounds.com/company/levita-magnetics)[Neuropace](https://millionrounds.com/company/neuropace)[Pi-Cardia](https://millionrounds.com/company/pi-cardia)[Setpoint Medical](https://millionrounds.com/company/setpoint-medical)[Vertos Medical](https://millionrounds.com/company/vertos-medical) Cookiedatabase Respicardia SPRIG Consulting Tendyne VDyne Logo VDyne

Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded.

New fund on file

**$1.9M**

raised in Aug 2026

From its SEC filing, not a journalist: a firm that has just raised has money to deploy.

## The cheque

Growth

Median round joined **$140M** the round, not its cheque

Led 0 of 1 rounds **0%**

- **Sole investor:** Never alone
- **Last cheque:** Aug 2025

Rounds by stage said on their site

- Series D *1*
- Growth said *-*

Cheques by month Led Joined

Nov 2023 Oct 2026

**Pitching Sprig Equity?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque.

Add to your CRM *→*

## Recently backed

The latest companies Sprig Equity put money into.

[**SetPoint Medical** $140M · Aug 2025](https://millionrounds.com/company/setpoint-medical)

## Quick answers about Sprig Equity

### What does Sprig Equity invest in?

Sprig Equity invests most often at Series D (100% of the rounds on record), in sectors such as Venture Capital & Private Equity.

### How active is Sprig Equity?

1 investments on record, 0 of them in the last 12 months. The most recent was in Aug 2025.

### What has Sprig Equity invested in recently?

Its most recent investments on record: SetPoint Medical (Series D, Aug 2025).

### How big are Sprig Equity's cheques?

The median round it joins is $140M.

### Is Sprig Equity investing now?

No investments in the last 12 months; the latest was in Aug 2025.

### What kind of investor is Sprig Equity?

Sprig Equity is a VC firm based in Wilmette, United States.

### How much does Sprig Equity manage?

About $55M, as gross assets of its private funds (Oct 2026).

### Has Sprig Equity raised a new fund?

Its latest fund filing with the SEC was in Aug 2026, reporting $1.9M raised.

## Raising now?

Find the investors who back rounds like yours, and keep every conversation on one fundraising board.

Find similar investorsOpen your CRM

Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=sprig-equity) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=sprig-equity)
