Spring Mountain Capital
New York City, New Yorkspringmountaincapital.com
Overview
Spring Mountain Capital is a private investment management firm founded in 2001 that focuses on alternative asset investing and offers investors a wide range of strategies designed to produce attractive risk-adjusted returns. SMC is organized into five investment groups: Growth Equity, Total Return, Private Capital, Social Impact and Municipal Bonds. It provides capital for enterprise software, digital health, technology-enabled services, and healthcare companies across North America. The firm prefers to invest in life sciences, cybersecurity, e-commerce, impact investing, and virtual reality.
Investments
| Company | Date | Stage | Lead |
|---|---|---|---|
| xCures | Jun 2026 | Series B | Co-investor |
| Allyx Therapeutics, Inc. | May 2026 | Series A | Lead |
| TripWorks | Jan 2026 | Series A | Lead |
| Yunu | Apr 2025 | Series A Extension | Lead |
| Hiveclass | Feb 2025 | Seed | Lead |
Key People
Launny Steffens
Founder, Chairman And Senior Managing Director
Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.
