# Spring Mountain Capital: portfolio, investments and team > Spring Mountain Capital is a private equity based in United States. 23 investments on record, 1 in the last 12 months, latest Jun 2026. Source: https://millionrounds.com/fund/spring-mountain-capital (Millionrounds; every figure on the page links to its filing or article) United States · [Investor](https://millionrounds.com/investors) # Spring Mountain Capital Last cheque observed Jun 2026; 23 cheques on record. Email Deploying now New fund $14M, Sept 2025 Private equity Seed Series A Series B Digital-health Well-being Connected-health Follow Spring Mountain Capital and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fspring-mountain-capital) Deploying now **100%** of best year **1** **cheques in 12 months**, 23 on record Since the last cheque **125** days **00** hrs **00** min **00** sec Median round **$13M** Rounds led **1 of 23** Sole investor **7 rounds** Exits **1 from the portfolio** Mostly in **United States, 100%** Pitch Spring Mountain Capital ## Spring Mountain Capital highlights - 01 1 cheques in the last 12 months - 02 Mostly Series B and Series A: 65% of its rounds - 03 Sole investor in 7 rounds, median $8.7M - 04 1 exits from the portfolio ## What they do > Municipal Bonds Customized fixed income investment solutions for individuals, trusts and estates From their own website - **Type:** Private equity (from a list, unverified) - **Cheque size:** Not stated - **Stages:** Seed Series A Series B Growth - **Sectors:** Digital-health Well-being Connected-health - **Based in:** New York, United States - **Cold pitches:** Not stated ## The record Every round we can evidence, newest first **23 appearances** - **2026** 1 round - **Jun** **[xCures](https://millionrounds.com/company/xcures)** Series B · US · Crunchbase News **$46M** With 5 others - **2025** 1 round - **Feb** **[Hiveclass](https://millionrounds.com/company/hiveclass)** Seed · US · TechCrunch **$1.5M** *Led* - **2019** 1 round - **May** **[IsoPlexis](https://millionrounds.com/company/isoplexis)** Series C · US · FinSMEs **$25M** With 4 others - **2018** 2 rounds - **Aug** **[RiskSense](https://millionrounds.com/company/risksense)** Series B · US · FinSMEs **$12M** With 5 others - **Jun** **[Vergent Bioscience](https://millionrounds.com/company/vergent-bioscience)** Series A · US · FinSMEs **$8.7M** Sole investor - **2017** 2 rounds - **May** **[SimpleReach](https://millionrounds.com/company/simplereach)** Series B · US · FinSMEs **$13M** With 3 others - **Feb** **[Doctor.com](https://millionrounds.com/company/doctor-com)** Series A · US · FinSMEs **$5.0M** Sole investor - **2016** 1 round - **Aug** **[Xignite](https://millionrounds.com/company/xignite)** **$21M** With 4 others - **2015** 4 rounds - **Oct** **[Oncoceutics](https://millionrounds.com/company/oncoceutics)** Series A · US **Undisclosed** Sole investor - **Jul** **[Ziften Technologies](https://millionrounds.com/company/ziften-technologies)** Series C · US **$24M** With 1 other - **Jun** **[Activate Healthcare](https://millionrounds.com/company/activate-healthcare)** Venture · US **Undisclosed** Sole investor - **Jan** **[Outrigger Media](https://millionrounds.com/company/outrigger-media)** Venture · US **$5.2M** With 2 others - **2014** 3 rounds - **Sept** **[Oncoceutics](https://millionrounds.com/company/oncoceutics)** Venture · US **Undisclosed** With 1 other - **Sept** **[Activate Healthcare](https://millionrounds.com/company/activate-healthcare)** US **Undisclosed** Sole investor - **Aug** **[IsoPlexis](https://millionrounds.com/company/isoplexis)** Series A · US **$300K** With 1 other - **2013** 1 round - **Apr** **[HμREL](https://millionrounds.com/company/h-rel)** Series A · US · marketwatch.com **$9.2M** Sole investor - **2012** 2 rounds - **Dec** **[WhipTail](https://millionrounds.com/company/whiptail)** Series C · US · whiptail.com **$31M** With 4 others - **Jan** **[WhipTail](https://millionrounds.com/company/whiptail)** Series B · US · whiptail.com **Undisclosed** With 2 others - **2011** 2 rounds - **Jul** **[WhipTail](https://millionrounds.com/company/whiptail)** Series A · US · finsmes.com **Undisclosed** With 1 other - **Apr** **[NXTM](https://millionrounds.com/company/nxtm)** finsmes.com **Undisclosed** Sole investor - **2010** 1 round - **Nov** **[Coolerado](https://millionrounds.com/company/coolerado)** Series B · US · sec.gov **$7.2M** With 1 other - **2007** 2 rounds - **Jul** Series B · venturebeat.com **$17M** With 2 others - **Jul** **[Perquest](https://millionrounds.com/company/perquest)** Series B · US **$17M** With 3 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 **2 named** GP **Gregory P. Ho** Managing Member of the Managing Member i Filing they signed JL **John L. Steffens** Managing Member of the Managing Member i Filing they signed We also hold **10** 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. ## Exits from the portfolio Companies it backed that were later bought or listed **1 in all** **[WhipTail](https://millionrounds.com/company/whiptail)** Bought by [Cisco](https://millionrounds.com/fund/cisco) **$415M** Sept 2013 An exit counts when it came after the firm's first round in the company. From historical deal records. New fund on file **$14M** raised in Sept 2025 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 **$8.7M** Led 1 of 23 rounds **4%** - **Sole investor:** 7 rounds - **Last cheque:** Jun 2026 - **Exits:** 1 from the portfolio Rounds by stage said on their site - Series B said *7* - Series A said *6* - Series C *3* - Venture *3* - Seed said *1* - Growth said *-* Cheques by month Led Joined Dec 2023 Nov 2026 Often in the room with - [StarVest Partners](https://millionrounds.com/fund/starvest-partners) 4 - [RRE Ventures](https://millionrounds.com/fund/rre-ventures) 3 - [Connecticut Innovations](https://millionrounds.com/fund/connecticut-innovations) 2 - [Ignition Partners](https://millionrounds.com/fund/ignition-partners) 2 - [Vermillion Capital](https://millionrounds.com/fund/vermillion-capital) 2 **Pitching Spring Mountain Capital?** 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 *→* ## Who they invest alongside The investors most often in the same rounds as Spring Mountain Capital. A count of rooms they were both in, not a relationship either has claimed. [**StarVest Partners** VC firm **4** rounds together](https://millionrounds.com/fund/starvest-partners)[**RRE Ventures** VC firm **3** rounds together](https://millionrounds.com/fund/rre-ventures)[**Connecticut Innovations** Government **2** rounds together](https://millionrounds.com/fund/connecticut-innovations)[**Ignition Partners** VC firm **2** rounds together](https://millionrounds.com/fund/ignition-partners)[**Vermillion Capital** VC firm **2** rounds together](https://millionrounds.com/fund/vermillion-capital) ## Recently backed The latest companies Spring Mountain Capital put money into. [**xCures** $46M · Jun 2026](https://millionrounds.com/company/xcures)[**Hiveclass** $1.5M · Feb 2025](https://millionrounds.com/company/hiveclass)[**IsoPlexis** $25M · May 2019](https://millionrounds.com/company/isoplexis)[**SimpleReach** $13M · May 2017](https://millionrounds.com/company/simplereach) ## On podcasts 1 episode naming Spring Mountain Capital in the title, and 1 more that mention it. - [VC10X](https://millionrounds.com/podcasts/vc10x) 1 Apr 2025 · 48 min VC10X - What is Special Situation Investing? - Greg Ho, President, Spring Mountain Capital Mentions [Spring Mountain Capital](https://millionrounds.com/fund/spring-mountain-capital)[Launny Steffens](https://millionrounds.com/person/launny-steffens) Apple PodcastsShow page ### Mentioned in - [The Full Ratchet](https://millionrounds.com/podcasts/full-ratchet) 9 Sept 2024 · 43 min 450. The Former CFO of McKinsey on AI, Quantum Computing, BioEngineering, and Why Social Impact Can be the Key to Investment Success (Gregory Ho) Apple PodcastsShow page ## Quick answers about Spring Mountain Capital ### What does Spring Mountain Capital invest in? Spring Mountain Capital invests most often at Series B and Series A (65% of the rounds on record), in sectors such as Digital-health, Well-being and Connected-health. ### How active is Spring Mountain Capital? 23 investments on record, 1 of them in the last 12 months, and it led 1. The most recent was in Jun 2026. ### What has Spring Mountain Capital invested in recently? Its most recent investments on record: xCures (Series B, Jun 2026), Hiveclass (Seed, Feb 2025) and IsoPlexis (Series C, May 2019). ### How big are Spring Mountain Capital's cheques? The median round it joins is $13M. ### Does Spring Mountain Capital lead rounds? Sometimes: it led 1 of its 23 investments on record (4%). ### Where does Spring Mountain Capital invest? Most of the companies it backs are in the United States (100%). ### Is Spring Mountain Capital investing now? Yes: it is actively investing, with 1 investments in the last 12 months. ### Who does Spring Mountain Capital invest alongside? Most often StarVest Partners (4 rounds together), RRE Ventures (3 rounds together) and Connecticut Innovations (2 rounds together). ## 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-mountain-capital) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=spring-mountain-capital)