Springboard Growth Capital

Location:
New YorkNY 
Founded:
2016
Size of fund:
$20M
Stage:
Growth
 Photo Credit: Springboard Growth Capital

Springboard Enterprises has long been an accelerator that works to improve access to institutional equity capital for women entrepreneurs. Until 2016, though, Springboard didn't invest in its member companies directly. That's when Springboard Growth Capital debuted, designed to fund the entrepreneurs Springboard knows best -- those who have been through its accelerator program, raised early money, have continued to grow their companies, and now need additional capital to scale that growth. The fund is led by Kay Koplovitz, the founder of USA Networks, and Amy Rosen Wildstein. Its investments include ClassPass, which provides a monthly subscription allowing customers to work out at a variety of gyms and studios, and luxury reseller TheRealReal.