INVESTMENT THESIS

We empower merchants and consumers to move forward faster

WHY?

We believe commerce should be a major driver of progress.

When performed right, it has tremendous power to bring people together, allow collaboration on a massive scale and empower merchants and consumers.

OUR MISSION

Commerce is adopting new standards.

Our mission is to accelerate the best ones.

WHERE WE INVEST

We invest in commerce new best practices

From enabling technologies to new commerce models and everything in between

80% · ENABLING TECHNOLOGIES

SaaS

Vertical and horizontal software powering commerce operations at every layer of the stack. From order management to catalog, we back the picks-and-shovels of modern retail.

We look for

  • Vertical depth
  • Strong retention
  • Founder-market fit

Marketplace

Two-sided platforms connecting buyers and sellers at scale.

Payment

Checkout, acquiring, and financial rails for merchants.

Logistics

Fulfillment, last-mile, and supply chain technology.

Marketing & Ad

Acquisition, retention, and measurement for brands.

Data Analytics

Decision intelligence across the commerce stack — turning raw signals into actionable competitive advantage.

We look for

  • Proprietary data
  • Actionable insights
  • Sticky integration

Infra Tools

Developer tools and backend infrastructure for merchants.

Social Commerce

Discovery and transactions inside social platforms.

Customer Experience

Support, engagement, and retention platforms.

Omnichannel

Unified retail across physical and digital channels.

20% · Consumer — Brands & Experiences

Consumer Brands

Category-defining brands with loyal communities and durable unit economics. From beauty to food, we back the next generation of beloved brands.

We look for

  • Category leadership
  • Community pull
  • Margin profile

Consumer Apps

Mobile-first experiences redefining how people shop, discover and buy.

B2C Innovation

New direct-to-consumer models rethinking distribution and retention.

Circular Economy

Resale, repair, rental and sustainable consumption models.

RESPONSIBILITY

It's our responsibility to be responsible

Good returns and good impact aren't mutually exclusive. We invest with both in mind.

ESG-ALIGNED ARTICLE 8 SFDR UN PRI SIGNATORY

To people

We invest in companies where employees are proud of their work, as it always translates into better efficiency and long-term value. Spring supports its portfolio companies' efforts towards safety, work-life balance and inclusion.

Spring is committed to investing in companies that create durable jobs for everyone. Let's build opportunities that fit all types of career preferences and life patterns: the more diverse, the better.

INCLUSION SAFETY WORK-LIFE BALANCE

To the planet

New commerce can reduce its environmental footprint and generate margins through shortened supply chains, reduced waste, second-hand or renting.

Consumers deserve to know where their products come from or how they were built, and Spring encourages transparency all the way to suppliers and subcontractors.

LOW-FOOTPRINT TRANSPARENCY CIRCULAR
GET IN TOUCH

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