Springboard Growth Capital

Springboard Growth Capital is a growth equity firm based in New York, founded in 2016. The firm specializes in investing in high-growth companies led by female entrepreneurs, focusing primarily on the consumer sector. With a unique independent sponsor model, Springboard Growth Capital offers significant flexibility in making meaningful growth equity investments. The firm is supported by leading financial institutions, family offices, and notable entrepreneurs, allowing it to back digitally native brands and consumer-facing technology companies that are transforming their respective industries. By concentrating on women-led ventures, Springboard Growth Capital aims to empower visionary entrepreneurs and help them establish market leadership.

Lori Wachs

Partner

11 past transactions

K18 Hair

Series B in 2020
K18 Hair is a cosmetics manufacturer that offers a variety of products for nourishing and repairing hair.

Hint

Series D in 2020
Hint Inc. is a San Francisco-based company that produces and sells fruit-infused flavored water and personal care products. Founded in 2005, Hint specializes in natural-flavored, unsweetened essence water, offering a variety of flavors such as watermelon, blackberry, cucumber, pear, and lime. The company aims to provide a refreshing alternative to sugary beverages by promoting its flavored water as a healthier choice. In addition to its beverage line, Hint also offers personal care items, including deodorants and sunscreens. Its products are available through various distribution channels, including specialty markets, grocery stores, spas, hotels, and an online platform.

AQUIS

Series B in 2020
AQUIS is a beauty tool manufacturer focused on creating innovative products that enhance hair health. Founded in 2012 and headquartered in San Francisco, California, the company specializes in hair towels and turbans crafted from an absorbent fabric designed to wick moisture away without causing friction damage. This unique approach allows hair to dry nine times faster than traditional cotton towels, promoting healthier hair without the need for damaging heat tools. AQUIS aims to restore hair's natural strength, vitality, and beauty through its scientifically developed products, providing consumers with effective solutions for hair care.

AQUIS

Series B in 2019
AQUIS is a beauty tool manufacturer focused on creating innovative products that enhance hair health. Founded in 2012 and headquartered in San Francisco, California, the company specializes in hair towels and turbans crafted from an absorbent fabric designed to wick moisture away without causing friction damage. This unique approach allows hair to dry nine times faster than traditional cotton towels, promoting healthier hair without the need for damaging heat tools. AQUIS aims to restore hair's natural strength, vitality, and beauty through its scientifically developed products, providing consumers with effective solutions for hair care.

AQUIS

Series B in 2019
AQUIS is a beauty tool manufacturer focused on creating innovative products that enhance hair health. Founded in 2012 and headquartered in San Francisco, California, the company specializes in hair towels and turbans crafted from an absorbent fabric designed to wick moisture away without causing friction damage. This unique approach allows hair to dry nine times faster than traditional cotton towels, promoting healthier hair without the need for damaging heat tools. AQUIS aims to restore hair's natural strength, vitality, and beauty through its scientifically developed products, providing consumers with effective solutions for hair care.

Hint

Series C in 2019
Hint Inc. is a San Francisco-based company that produces and sells fruit-infused flavored water and personal care products. Founded in 2005, Hint specializes in natural-flavored, unsweetened essence water, offering a variety of flavors such as watermelon, blackberry, cucumber, pear, and lime. The company aims to provide a refreshing alternative to sugary beverages by promoting its flavored water as a healthier choice. In addition to its beverage line, Hint also offers personal care items, including deodorants and sunscreens. Its products are available through various distribution channels, including specialty markets, grocery stores, spas, hotels, and an online platform.

Fleur Du Mal

Convertible Note in 2018
Fleur du Mal is a luxury lingerie and ready-to-wear brand established in 2012 by Jennifer Zuccarini. The company specializes in a curated collection of lingerie essentials, which includes swimwear, bodysuits, accessories, and undergarments. Fleur du Mal's offerings are designed to inspire the concepts of dressing up and undressing, merging desire with artful provocation while ensuring style and wearability. The brand's products are available online at fleurdumal.com and are also distributed through high-end department stores and specialty retailers globally, providing women with a sophisticated shopping experience for ready-to-wear lingerie.

The RealReal

Series G in 2018
The RealReal, Inc. is the largest online marketplace for authenticated resale luxury goods, headquartered in San Francisco, California. Founded in 2011, the company operates a full-service consignment platform that includes various product categories such as women's, men's, and kids' fashion, fine jewelry, watches, art, and home goods. With over 37 million members, The RealReal has sold nearly 40 million items through a rigorous authentication process managed by a team of skilled experts, including gemologists and horologists. The company emphasizes sustainability by promoting the circular economy, giving new life to luxury items from thousands of brands. It offers a range of services to make selling easy for consignors, including virtual appointments, in-home pickups, and direct shipping. The RealReal generates revenue through consignment and first-party sales, leveraging advanced technology to authenticate items and optimize pricing, which allows it to maintain higher take rates compared to competitors.

ClassPass

Series D in 2018
ClassPass is a global online platform that facilitates access to diverse fitness experiences across multiple gyms and studios worldwide. With over 25,000 partners globally, ClassPass offers members a wide range of classes such as yoga, cycling, Pilates, boxing, massage, and acupuncture, totaling more than 5 million classes monthly. Utilizing machine learning algorithms, the platform surfaces personalized recommendations to enhance users' discovery process. Through its flat-rate monthly subscription billing service, ClassPass enables users to explore various fitness activities on-demand from top studios worldwide, promoting accessibility and variety in workouts. Additionally, ClassPass collaborates with studio partners to merchandise excess inventory, attract new customers, and generate supplementary revenue streams within the fitness industry.

ClassPass

Series C in 2017
ClassPass is a global online platform that facilitates access to diverse fitness experiences across multiple gyms and studios worldwide. With over 25,000 partners globally, ClassPass offers members a wide range of classes such as yoga, cycling, Pilates, boxing, massage, and acupuncture, totaling more than 5 million classes monthly. Utilizing machine learning algorithms, the platform surfaces personalized recommendations to enhance users' discovery process. Through its flat-rate monthly subscription billing service, ClassPass enables users to explore various fitness activities on-demand from top studios worldwide, promoting accessibility and variety in workouts. Additionally, ClassPass collaborates with studio partners to merchandise excess inventory, attract new customers, and generate supplementary revenue streams within the fitness industry.

The RealReal

Series E in 2016
The RealReal, Inc. is the largest online marketplace for authenticated resale luxury goods, headquartered in San Francisco, California. Founded in 2011, the company operates a full-service consignment platform that includes various product categories such as women's, men's, and kids' fashion, fine jewelry, watches, art, and home goods. With over 37 million members, The RealReal has sold nearly 40 million items through a rigorous authentication process managed by a team of skilled experts, including gemologists and horologists. The company emphasizes sustainability by promoting the circular economy, giving new life to luxury items from thousands of brands. It offers a range of services to make selling easy for consignors, including virtual appointments, in-home pickups, and direct shipping. The RealReal generates revenue through consignment and first-party sales, leveraging advanced technology to authenticate items and optimize pricing, which allows it to maintain higher take rates compared to competitors.
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