# Spring Lake Equity Partners: portfolio, investments and team > Spring Lake Equity Partners is a private equity based in United States. 9 investments on record, latest Apr 2019. Portfolio, stages, co-investors and team. Source: https://millionrounds.com/fund/spring-lake-equity-partners (Millionrounds; every figure on the page links to its filing or article) United States · [Investor](https://millionrounds.com/investors) # Spring Lake Equity Partners Last cheque observed Apr 2019. Silence since then is not evidence of inactivity: our sources miss unannounced rounds. Email Quiet New fund $49M, Jan 2022 Private equity Seed Series A Series B Technology Tech-enabled Services Follow Spring Lake Equity Partners and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fspring-lake-equity-partners) Cheques on record **0%** of best year **0** **cheques in 12 months**, 9 on record Since the last cheque **2746** days **00** hrs **00** min **00** sec Median round **$13M** Cheque size, as they say **$5.0M – $20M** Rounds led **1 of 9** Sole investor **4 rounds** Exits **1 from the portfolio** Mostly in **United States, 100%** Pitch Spring Lake Equity Partners ## Spring Lake Equity Partners highlights - 01 9 rounds on record - 02 Mostly Series A and Series C: 71% of its rounds - 03 Sole investor in 4 rounds, median $8.6M - 04 1 exits from the portfolio ## What they do > Spring Lake Equity Partners is a Boston based firm investing in private technology companies. From their own website - **Type:** Private equity (from a list, unverified) - **Cheque size:** $5.0M – $20M as they say - **Stages:** Seed Series A Series B Growth - **Sectors:** Technology Tech-enabled Services - **Based in:** Boston, United States - **Cold pitches:** Not stated ## The record Every round we can evidence, newest first **9 appearances** - **2019** 1 round - **Apr** **[Forefront TeleCare](https://millionrounds.com/company/forefront-telecare)** Series A · US · Mobihealthnews **$15M** *Led* - **2017** 2 rounds - **Jan** **[SmarterHQ](https://millionrounds.com/company/smarterhq)** US · FinSMEs **$13M** Sole investor - **Jan** **[Gravy Analytics](https://millionrounds.com/company/gravy-analytics)** US · FinSMEs **$7.7M** Sole investor - **2015** 3 rounds - **Jul** **[InsideView](https://millionrounds.com/company/insideview)** Growth · US **$33M** With 4 others - **May** **[RBM Technologies](https://millionrounds.com/company/rbm-technologies)** Series A · US **$3.0M** Sole investor - **Mar** **[NetBase Solutions](https://millionrounds.com/company/netbase-solutions)** Series E · US **$24M** With 3 others - **2014** 3 rounds - **May** **[MediaMath](https://millionrounds.com/company/mediamath)** Series C · US **$74M** With 3 others - **Apr** **[NetProspex](https://millionrounds.com/company/netprospex)** Series C · US **$13M** With 1 other - **Apr** **[RBM Technologies](https://millionrounds.com/company/rbm-technologies)** Series A · US **$9.5M** Sole investor 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 **7 named** CJ **Carmen Joseph Scarpa** Manager of the Management Company and Principal i Filing they signed CJ **Carmen J. Scarpa, Jr** The Manager of the managing member of the Managing Member i Filing they signed CJ **Carmen J. Scarpa, Jr.** Mr. Scarpa is a Manager of the managing member of the Managing Member i Filing they signed DJ **Daniel John Mackeigan** Member i Form ADV JS **Jeffrey Stewart Williams** Member i Form ADV RP **Robert Philip Forlenza** Mr. Forlenza is a Manager of the managing member of the Managing Member i Filing they signed SJ **Stacey Jean Gillespie** Chief Compliance Officer i Form ADV We also hold **13** 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 **$179M** assets it manages Oct 2026 **Registered** investment adviser full reporting to the SEC - **Legal name:** Spring LAKE Equity Management LLC - **SEC number:** CRD 167251 Funds on its Form ADV **6** private funds, **$302M** in gross assets · filed Apr 2024 - Spring Lake Equity Partners LLC *Private equity* 33 investors $154M - Spring Lake Equity Partners II LLC *Private equity* 54 investors $110M - Spring Lake Equity Partners III LLC *Private equity* 10 investors $33M - Spring Lake/WK Co-Investment LLC *Private equity* 1 investor $4.8M - Spring Lake/MM Co-Investment LLC *Private equity* 4 investors $4K - Spring Lake/MM Co-Investment III LLC *Private equity* 2 investors $417 ## What they claim to have backed From their own portfolio page (on their website) **11** of 18 we have independently watched raise [Clara Analytics](https://millionrounds.com/company/clara-analytics)[DemandBase part of](https://millionrounds.com/company/demandbase)[Noodle](https://millionrounds.com/company/noodle)[Portfolio](https://millionrounds.com/company/blueconic)[Portfolio](https://millionrounds.com/company/astadia)[Portfolio](https://millionrounds.com/company/benu-networks)[Spartascience](https://millionrounds.com/company/sparta-science)[Testlio part of](https://millionrounds.com/company/testlio)[Unacast](https://millionrounds.com/company/unacast)[WonderKind part of](https://millionrounds.com/company/wunderkind)[Zylo](https://millionrounds.com/company/zylo) Accesstelecare Cognition Netbasequid Phoenixet Portfolio Portfolio Trifecta Organic Meal 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. ## Exits from the portfolio Companies it backed that were later bought or listed **1 in all** **[NetProspex](https://millionrounds.com/company/netprospex)** Bought by [Dun & Bradstreet](https://millionrounds.com/fund/dun-and-bradstreet) **$125M** Jan 2015 An exit counts when it came after the firm's first round in the company. From historical deal records. New fund on file **$49M** raised in Jan 2022 From its SEC filing, not a journalist: a firm that has just raised has money to deploy. ## The cheque Seed Series A Series B Median round joined **$13M** the round, not its cheque Alone, median **$8.6M** Led 1 of 9 rounds **11%** - **Said size:** $5.0M – $20M - **Sole investor:** 4 rounds - **Last cheque:** Apr 2019 - **Exits:** 1 from the portfolio Rounds by stage said on their site - Series A said *3* - Series C *2* - Growth said *1* - Series E *1* - Seed said *-* - Series B said *-* Cheques by year Led Joined 2014 2019 **Pitching Spring Lake Equity Partners?** 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 Spring Lake Equity Partners put money into. [**Forefront TeleCare** $15M · Apr 2019](https://millionrounds.com/company/forefront-telecare)[**SmarterHQ** $13M · Jan 2017](https://millionrounds.com/company/smarterhq)[**Gravy Analytics** $7.7M · Jan 2017](https://millionrounds.com/company/gravy-analytics) ## Quick answers about Spring Lake Equity Partners ### What does Spring Lake Equity Partners invest in? Spring Lake Equity Partners invests most often at Series A and Series C (71% of the rounds on record), in sectors such as Technology and Tech-enabled Services. ### How active is Spring Lake Equity Partners? 9 investments on record, 0 of them in the last 12 months, and it led 1. The most recent was in Apr 2019. ### What has Spring Lake Equity Partners invested in recently? Its most recent investments on record: Forefront TeleCare (Series A, Apr 2019), SmarterHQ (Undisclosed round, Jan 2017) and Gravy Analytics (Undisclosed round, Jan 2017). ### How big are Spring Lake Equity Partners's cheques? The median round it joins is $13M. It says it writes cheques of $5.0M to $20M. ### Does Spring Lake Equity Partners lead rounds? Sometimes: it led 1 of its 9 investments on record (11%). ### Where does Spring Lake Equity Partners invest? Most of the companies it backs are in the United States (100%). ### Is Spring Lake Equity Partners investing now? No investments in the last 12 months; the latest was in Apr 2019. ### What kind of investor is Spring Lake Equity Partners? Spring Lake Equity Partners is a private equity firm based in Boston, United States. ## 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=spring-lake-equity-partners) · [Is this your firm? 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