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Spring Capital
Are Traasdahl's Spring Capital seeds startups with evergreen capital and a triple-bottom-line mandate from Oslo.
Spring Capital
Spring Capital’s expertise and resources were instrumental in our success as we entered the US market and established our organization here.” Geir Arnhoff created Dossier, the digital competency management platform for healthcare that keeps everyone in every department One Step Ahead.
General information
Firm type
Venture Capital
Year founded
—
AUM
Undisclosed
Location
Region
Europe
Country
Norway
City
Oslo
Corporate office
Oslo, Norway
Principals
Are Traasdahl
Founder & CEO
Matthew Paul
VP of Finance
Maren Smehagen
Technology Lead
Sector focus
Frequently asked questions
Who makes investment decisions at Spring Capital?
Founder and CEO Are Traasdahl leads investment decisions, supported by VP of Finance Matthew Paul who evaluates new opportunities against the firm's thesis. The lean structure means Traasdahl's own operating lens — shaped by exits at Tapad and Crisp — drives conviction, while an external advisor panel provides sector-specific diligence. No investment committee beyond this core group is publicly disclosed.
How does Spring Capital source its deal flow?
Spring leans heavily on the network effects of Traasdahl's serial-founder history and the firm's co-investor relationships. The website emphasizes connections with former colleagues, mentors and like-minded investors, suggesting a curated, referral-heavy funnel rather than a broad inbound program. Its Oslo base and US market ties — sharpened when portfolio company Dossier entered the American market — give the firm a transatlantic sourcing advantage.
Is Spring Capital a single-family office or a venture fund?
Formally, Spring Capital is structured as an asset manager making private-equity investments, but its evergreen capital base and lean, founder-anchored decision-making carry the hallmarks of a single-family pool. Traasdahl's wealth originates from disclosed operating exits, not inherited fortune, which makes the vehicle resemble a hybrid: permanent, patient capital deployed with the selectivity of a seed-stage fund.
Does Spring Capital invest directly or through funds?
Spring deploys capital directly into seed and early-stage companies. The firm also maintains a network of co-investors and venture partners who invest alongside Spring when additional value can be unlocked, effectively operating a deal-by-deal club model rather than committing to external funds as a limited partner.
What is Spring Capital's commitment to ESG or impact?
Spring explicitly targets opportunities that support a triple bottom line — good for people, planet and profits. The website frames its capital as a tool to drive change through long-term ownership and selects companies riding mega-trends in sustainability, health and resource efficiency, a view shaped in part by Traasdahl's Crisp mission to eliminate supply-chain food waste.
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