SpringTime Ventures

SpringTime Ventures Research Investment Thesis SpringTime Ventures is a Denver-based seed-stage venture capital firm founded in 2016 that invests in high-growth startups with an unstoppable drive to solve meaningful problems. The fund believes that "founder" does not have a stereotype—it is about drive, conviction, and character. SpringTime focuses on early-stage companies building disruptive solutions in healthcare, fintech/insurtech, and logistics/supply chain industries, primarily across the USA. The firm's core philosophy is centered on relationships first, speed to decision, and genuine partnership with founders. They explicitly value transparency, trustworthiness, and active operational support beyond capital deployment. Investment Stage Focus SpringTime Ventures primarily invests at the pre-seed and seed stages: Pre-Seed : Companies generating revenue or showing exceptional team + market opportunity Seed : Primary investment stage for companies with proven product-market signals Occasional Series A follow-on investments from existing portfolio They prefer to be the first institutional investor and build conviction quickly. While they typically do not lead rounds, they will consider leading or co-leading rounds in the $1M-$1.5M size range. Sector Focus SpringTime focuses investment across three primary verticals: Healthcare (30-40% of portfolio): Telemedicine and virtual healthcare delivery Healthcare data and analytics Mental health and wellness platforms Clinical research recruitment and management Medical record digitization and interoperability Pregnancy and maternal health tech Specialty healthcare services Notable healthcare investments: Sondermind, JEENIE, FloatMe, Cerula Care, Delfina, Manatee, Death Clock, Nimblemind.ai, Conflixis, Credo, Itiliti Health, Ripple Science, ProCredEx Fintech/Insurtech (40-50% of portfolio): Payments infrastructure and processing Consumer financial wellness Lending and credit platforms Alternative underwriting and approval systems Specialized payment rails (stablecoins, B2B payments) Insurance technology platforms Financial services marketplaces Notable fintech investments: FloatMe, Bonside, Chaiz, Credit Mountain, Landjourney, Mark III, Moxey, Under, Coinbax, freely payments, iink Payments, PTO Exchange, Rocket Dollar Logistics & Supply Chain (20-30% of portfolio): Last-mile delivery and parcel logistics Supply chain optimization and visibility Manufacturing and industrial technology Procurement and vendor management Packaging and returns optimization Port and terminal operations EV charging and fleet management Notable logistics investments: Fulcrum, Blue Cargo, BoltWise, Catena Clearing, ClearJet, ElectroTempo, FloorFound, Impacked, Onward, OpenTug, Paccurate, Return Logic, Veho, dimax.cloud Check Size & Deployment Initial Check Size : $250K-$1M (typically targeting 8% ownership) Target Range : $400K-$600K for typical seed investment Recent Activity : Most recent investments in December 2025 (Coinbax), with consistent quarterly deployment Fund III Status : Actively deploying from $46M fund (as of February 2026) SpringTime has made 61 investments total with 5 portfolio exits, indicating a mature track record and strong conviction-building capabilities. Lead Tendency SpringTime typically does not lead rounds , but will consider leading or co-leading in select cases, particularly in the $1M-$1.5M range. However, they are willing to make early "yes" commitments without a lead in place, often helping to bring rounds together by connecting founders with aligned investors from their network. They explicitly state they "reach conviction early" and are willing to provide the first institutional commitment, serving as important social proof for rounds. This signals a partnership-first, founder-centric approach rather than traditional lead investor positioning. Recent Activity & Fund Status Latest Investments (Dec 2025 - Feb 2026): December 2025: Coinbax (fintech, stablecoin payments) November 2025: dimax.cloud (supply chain, manufacturing) August 2025: freely payments (fintech, food/beverage payments) April 2025: Catena Clearing (logistics, supply chain data connector) Fund Status : Actively deploying from Fund III. Consistent quarterly investment cadence indicates healthy deployment velocity and conviction-driven approach. Decision Process SpringTime's investment process is notably founder-friendly and transparent : Stage 0 - Application : Complete pitch form; copy distributed to all partners for quick initial review Stage 1 - Initial Call : 30-minute introductory call with team member; internal weekly partner discussion Stage 2 - Deep Dive : 1-hour meeting with the three full-time managing partners (Matt, Rich, Allyson); reviewed at weekly partner call Stage 3 - Final Meeting : Extended team meets with founders for 1-hour session on specific due diligence points; decision typically made immediately after Decision Timeline : Emphasis on speed and conviction. They explicitly state "we make decisions quickly" and aim to provide a clear "Yes" or "No" rapidly, respecting founder time. Board Participation : Occasionally take board observer or director seats, but not a requirement. Team & Operating Partners Managing Partners (3 full-time): Matt Blomstedt : Founding & Managing Partner. Philosophy: "Work hard, do the right thing, and treat people well. Then good things happen." Rich Maloy : Managing Partner. Mantra: "Every interaction impacts a person's life; take virtuous action." Allyson Plosko : Managing Partner (promoted to partner in Feb 2024). Motto: "I will, not we should." Operating Partners (4): Jeff Gardner : Operating Partner. Book recommendation: "Love Your People" Mike Ramseier : Operating Partner. Motto: "Relationships matter." Rick Jones : Operating Partner. Mantra: "Always think, what else can I do?" John Greff : CFO. Motto: "Knowledge will give you power, but character respect." Noteworthy : Rick Patch is listed as Founding Partner (Retired). The firm honors Jessie Dixon, an Operating Partner who passed away in September 2023. The team composition signals a founder-centric culture with deep operational expertise and a relational approach to investing. Geographic Focus Primary : USA only (nationwide) Regional Presence : Founded in Denver, Colorado; team members based in Denver, Atlanta (Allyson Plosko), and other US locations SpringTime explicitly states they will NOT invest outside the USA, but will invest across all US regions (they mention having presence/relationships in Boulder, Denver, Austin, and Atlanta). For USA qualification, all three criteria must be met: CEO based in the US Company incorporated in the US Majority of customers are US-based What They Will NOT Invest In SpringTime explicitly excludes (100% pass): Hardware Biotech Pharma Medical devices Cannabis "Vice" industries International (outside USA) Movies Consumer Packaged Goods (CPG) Direct-to-Consumer (DTC) retail They will occasionally say no to investments outside their core focus areas, but will review if founders insist. Value-Add Services SpringTime's post-investment support includes: Fundraising Support : Help founders fill subsequent rounds by connecting with trusted investor partners; active introductions to Series A and beyond Talent Recruitment : Network access for hiring critical roles; actively leverage their investor network for talent introductions Personal Support : Serve as sounding board during challenging times; celebrate wins and amplify success Operational Guidance : No junior people; founders always engage with principals and operating partners Hands-On Mentorship : Pre-investment support starts immediately after first meeting Portfolio Highlights Active Companies (60+ portfolio) : Sondermind (mental health marketplace), FloatMe (fintech), JEENIE (language interpretation), Fulcrum (manufacturing tech), Paccurate (logistics), and 55+ others across healthcare, fintech, and logistics Exits : 5 exits including Rocket Dollar (fintech), TrueCoach (fitness), Hippo Manager (veterinary), Work Hound (logistics), Shotzr (marketplace) Investment Philosophy & Principles SpringTime's core operating principles are explicitly stated on their website: "We work well with others." Life is short; they want to forge real relationships with good people. This directly impacts their founder partnerships and investor collaborations. "We do what we say we're going to." This folksy principle is stated as core belief; trust builds over time with every interaction, big and small. "We do the work." Every day they work hard for startups, even before investing. They never shunt founders off to junior people—all interactions are with partners. These principles manifest in: Speed to decision (transparent process) Active operational support (hands-on partners) Founder-first mentality (personal relationships > transactional investing) Willingness to take risks on great teams (conviction-driven) Founder Preferences SpringTime targets: Humble + Bold + Visionary leaders with unstoppable drive Founders with complementary skill sets (not solo founders) Teams with domain expertise in their focus verticals Founders with proven ability to execute and raise capital themselves Leaders who prioritize character and relationships alongside ambition Their portfolio breadth and founder testimonials indicate they successfully back founders across experience levels, from first-time founders to serial entrepreneurs. Fund History & Milestones Founded : 2016 Fund I : Initial fund focused on seed-stage companies Fund II : $25M fund (mentioned in some sources) Fund III : $46M fund (current), actively deploying as of Feb 2026 Investing Since : 2018 (formal operations) Total Investments : 61 companies Portfolio Exits : 5 successful exits Competitive Positioning SpringTime positions itself as: Founder-centric alternative to larger, more transactional seed funds Conviction-driven partner willing to make early commitments Hands-on operational support with no junior people Relationship-first investor that cares about founders as people Quick decision-maker that respects founder time Sector-specialist with deep expertise in healthcare, fintech, logistics Their $46M AUM and 61 investments over 8 years indicate a disciplined, focused approach to seed investing with strong founder satisfaction (evidenced by testimonials and portfolio depth). Weaknesses or Limitations Do NOT lead rounds (typically) No international investment Exclude hardware/biotech/pharma entirely Limited to three sectors Check size caps at ~$1M (limits Series A participation) Smaller fund ($46M) compared to mega-funds Conclusion SpringTime Ventures is a mature, founder-friendly seed fund with 8+ years of experience, a strong track record (61 investments, 5 exits), and deep conviction in their three focus verticals. Their strength lies in transparent, fast decision-making, hands-on operational support, and genuine founder partnership. They are best suited for pre-seed and seed-stage companies in healthcare, fintech, or logistics looking for a partner who will take an early conviction-based bet and actively support fundraising and talent recruitment.