Search company, investor...

Predict your next investment

NewSpring Capital company logo
Private Equity
FINANCE | Investment Firms & Funds
newspringcapital.com

Investments

226

Portfolio Exits

70

Funds

15

Partners & Customers

3

Service Providers

1

About NewSpring Capital

NewSpring Capital focuses on growth equity, control buyouts, platform builds, and mezzanine debt strategies. It targets profitable, growing companies in business process automation, services, software, and niche manufacturing and distribution. NewSpring Capital provides growing companies with financial resources, advice, a network of contacts, and strategic partnerships. The company is based in Wayne, Pennsylvania.

Headquarters Location

Radnor Financial Center 555 E. Lancaster Ave, Suite 444

Wayne, Pennsylvania, 19087,

United States

610-567-2380

Want to inform investors similar to NewSpring Capital about your company?

Submit your Analyst Briefing to get in front of investors, customers, and partners on CB Insights’ platform.

Latest NewSpring Capital News

NewSpring leads $29M round for remote work security company Venn

Jun 30, 2023

NewSpring leads $29M round for remote work security company Venn SHARE Remote work security company Venn Technology Corp. announced today that it had raised $29 million in new funding in a round led by NewSpring Capital Inc. to support product development, growth and customer demand. Founded in 2010, Venn describes itself as a pioneer in the Secure Bring Your Own PC field with technology designed to facilitate and secure remote work on any computer. The company’s solution offers Mobile Device Management-like functionality but for laptops, providing a simplified and cost-effective alternative to the traditional virtual desktop infrastructure. The company argues that as remote work has become normalized and the workforce becomes more distributed, employee computing models previously suitable for “office-first” are less effective in a “remote-first” world. Added into the mix is the blurring of personal and business time and the rise of contractors, gig and offshore workers pushing companies to look for new ways to secure remote work. Venn claims that traditional solutions, like VDI, are costly and often frustrate users due to latency and slowness. Newer solutions, such as Enterprise Browsers, are said to have strict limitations around application use and network integration. This is where Venn’s service steps. The company’s service creates a Secure Enclave on the user’s computer, where all work activities are isolated and encrypted. Doing so allows business applications to run locally within the enclave, protecting company data without needing to control or lock down the entire device. The solution gives businesses more control over their data without requiring any backend infrastructure. “Before Venn, companies had to ship laptops or rely on complex and costly VDI technology to support remote workers and stay compliant with regulatory requirements,” David Matalon, chief executive officer and co-founder of Venn, said in a statement . “Instead of having to buy, manage and lock down every PC, remote work can now easily be secured on any BYOD or unmanaged computer. Alongside the funding announcement, Venn also announced that it has recently been awarded a key patent that is said to represent a significant step forward in the security of remote work technology. The patent, titled “Secure Visual and Computational Boundary for a Subset of Resources on a Computing Machine,” outlines Venn’s approach to creating a Secure Enclave on a user’s computer. Venn says that the patent strengthens its intellectual property and substantiates its unique approach to BYO-PC technology. Image: Venn A message from John Furrier, co-founder of SiliconANGLE: Your vote of support is important to us and it helps us keep the content FREE. One-click below supports our mission to provide free, deep and relevant content.

NewSpring Capital Investments

226 Investments

NewSpring Capital has made 226 investments. Their latest investment was in AeroSafe Global as part of their Series F on August 8, 2023.

CBI Logo

NewSpring Capital Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

8/29/2023

Series F

AeroSafe Global

$43M

Yes

2

7/18/2023

Seed

Lawton Standard

Yes

1

6/28/2023

Series A

Venn

$29M

Yes

4

4/11/2023

Series B

Subscribe to see more

$99M

Subscribe to see more

10

3/16/2023

Private Equity

Subscribe to see more

Subscribe to see more

10

Date

8/29/2023

7/18/2023

6/28/2023

4/11/2023

3/16/2023

Round

Series F

Seed

Series A

Series B

Private Equity

Company

AeroSafe Global

Lawton Standard

Venn

Subscribe to see more

Subscribe to see more

Amount

$43M

$29M

$99M

New?

Yes

Yes

Yes

Subscribe to see more

Subscribe to see more

Co-Investors

Sources

2

1

4

10

10

NewSpring Capital Portfolio Exits

70 Portfolio Exits

NewSpring Capital has 70 portfolio exits. Their latest portfolio exit was LookingGlass Cyber Solutions on April 17, 2023.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

4/17/2023

Acquired

$99M

7

6/20/2022

Acquired

$99M

1

6/6/2022

Merger

$99M

1

4/4/2022

Acquired

Subscribe to see more

$99M

Subscribe to see more

10

12/21/2021

Asset Sale

Subscribe to see more

$99M

Subscribe to see more

10

Date

4/17/2023

6/20/2022

6/6/2022

4/4/2022

12/21/2021

Exit

Acquired

Acquired

Merger

Acquired

Asset Sale

Companies

Subscribe to see more

Subscribe to see more

Valuation

$99M

$99M

$99M

$99M

$99M

Acquirer

Subscribe to see more

Subscribe to see more

Sources

7

1

1

10

10

NewSpring Capital Acquisitions

24 Acquisitions

NewSpring Capital acquired 24 companies. Their latest acquisition was Bridge Core on July 26, 2023.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

7/26/2023

$99M

Acq - Fin

1

6/26/2023

$99M

Acq - Fin

2

1/12/2023

$99M

Acq - Fin

1

4/13/2021

Subscribe to see more

$99M

Subscribe to see more

10

4/6/2021

Subscribe to see more

$99M

Subscribe to see more

10

Date

7/26/2023

6/26/2023

1/12/2023

4/13/2021

4/6/2021

Investment Stage

Companies

Subscribe to see more

Subscribe to see more

Valuation

$99M

$99M

$99M

$99M

$99M

Total Funding

Note

Acq - Fin

Acq - Fin

Acq - Fin

Subscribe to see more

Subscribe to see more

Sources

1

2

1

10

10

NewSpring Capital Fund History

15 Fund Histories

NewSpring Capital has 15 funds, including NSF Duck 2.

Closing Date

Fund

Fund Type

Status

Amount

Sources

7/31/2023

NSF Duck 2

$1.8M

2

8/5/2021

NewSpring Mezzanine Capital IV

$364M

2

4/29/2021

NSF Duck

$6.38M

1

3/4/2020

NewSpring Health Capital III

Subscribe to see more

Subscribe to see more

$99M

10

5/11/2017

NewSpring Growth Capital IV

Subscribe to see more

Subscribe to see more

$99M

10

Closing Date

7/31/2023

8/5/2021

4/29/2021

3/4/2020

5/11/2017

Fund

NSF Duck 2

NewSpring Mezzanine Capital IV

NSF Duck

NewSpring Health Capital III

NewSpring Growth Capital IV

Fund Type

Subscribe to see more

Subscribe to see more

Status

Subscribe to see more

Subscribe to see more

Amount

$1.8M

$364M

$6.38M

$99M

$99M

Sources

2

2

1

10

10

NewSpring Capital Partners & Customers

3 Partners and customers

NewSpring Capital has 3 strategic partners and customers. NewSpring Capital recently partnered with Lawton Standard on July 7, 2023.

Date

Type

Business Partner

Country

News Snippet

Sources

7/18/2023

Partner

United States

1

6/10/2021

Partner

United States

Subscribe to see more

Subscribe to see more

10

3/29/2017

Vendor

United States

Subscribe to see more

Subscribe to see more

10

Date

7/18/2023

6/10/2021

3/29/2017

Type

Partner

Partner

Vendor

Business Partner

Country

United States

United States

United States

News Snippet

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Sources

1

10

10

NewSpring Capital Service Providers

1 Service Provider

NewSpring Capital has 1 service provider relationship

Service Provider

Associated Rounds

Provider Type

Service Type

Counsel

Service Provider

Associated Rounds

Provider Type

Counsel

Service Type

Partnership data by VentureSource

NewSpring Capital Team

13 Team Members

NewSpring Capital has 13 team members, including current Founder, Managing General Partner, Managing Director, General Partner, Michael A. Dipiano.

Name

Work History

Title

Status

Michael A. Dipiano

Founder, Managing General Partner, Managing Director, General Partner

Current

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Name

Michael A. Dipiano

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Work History

Title

Founder, Managing General Partner, Managing Director, General Partner

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Status

Current

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Compare NewSpring Capital to Competitors

Pioneer Square Labs Logo
Pioneer Square Labs

Pioneer Square Labs is a venture studio that creates its startups. It engages its venture capital and angel investor base to provide initial funding for these spin-outs. The company was founded in 2015 and is based in Seattle, Washington.

Landmark Ventures Logo
Landmark Ventures

Landmark Ventures is a strategic and financial advisory firm. It offers a combination of venture development and global investment banking services, with a focus on serving growth-oriented technology companies and their venture capital and private equity sponsors. It specializes in deep market insights and extensive personal relationships. It offers its services across the enterprise software, cybersecurity, internet of things (IoT), industrial technology, artificial intelligence, sports, marketing technology, and digital media sectors. The firm was founded in 1995 and is based in New York City, New York.

The Riverside Company Logo
The Riverside Company

The Riverside Company is a global private equity firm focused primarily on the smaller end of the middle market companies. It offers private equity capital, flexible capital, and private credit. The Riverside Company caters to business services, consumer brands, education, training, franchisors, healthcare, specialty manufacturing software, and IT. The company was founded in 1988 and is based in New York, New York.

G
Groom Investment

Groom Investment is a private equity firm. It invests in educational technology, healthcare, and entertainment early-stage companies. It was founded in 1999 and is based in Seoul, South Korea.

Cresting Wave Logo
Cresting Wave

Cresting Wave is an information technology and services company. It specializes in regularly refreshing the technology landscape and business roadmap to resolve marketing issues. Cresting Wave was founded in 2022 and is based in New York, New York.

Evolve Activation Logo
Evolve Activation

Evolve Activation is a marketing agency. It offers marketing program development, retail marketing services, event logistics and management, mobile tour vehicle management, event field reporting and measurement, and more. It provides strategic, event management, and logistics services to brands across the globe. It was founded in 2013 and is based in Sun Valley, California.

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Join a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.