Venture Capital

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Spring Impact Capital

Spring Impact Capital invests in early-stage Canadian founders, catalyzing scalability and meaningful impact. As impact investors they seek intentionality,...

Spring Impact Capital logo

Spring Impact Capital

Spring Impact Capital invests in early-stage Canadian founders, catalyzing scalability and meaningful impact. As impact investors they seek intentionality, measurability, scalability and VC-like returns. They provide capital, expertise, and talent to accelerate early-stage impact-focused ventures in energy, food, water, and products.

General information

Firm type

Venture Capital

Year founded

2023

Location

Region

North America

Country

Canada

City

Vancouver

Corporate office

Vancouver, Canada

Additional offices

Toronto, Canada

Principals

Graham Day

Investment Team

Olivia Hornby

Investment Team

Keith Ippel

Co-Founder, Spring

Larissa Sequeira

Investment Team

Sector focus

ClimateTechDigital HealthAgriTech & FoodTechEnergy Transition & RenewablesMobility & TransportationEnterprise SoftwareHealthcare Services

Frequently asked questions

Who runs investment decisions at Spring Impact Capital?

The core investment team is Graham Day, Olivia Hornby, and Larissa Sequeira, supported by co-founder Keith Ippel. Day brings two decades of impact investing experience including a founding role at LGT Impact (now Lightrock, with $3B AUM) and a CFO tenure at Sistema.bio. Hornby is a former Goldman Sachs Asset Management VP who now sits on the board of the Association of Women in Finance. An external investment committee that includes Stephen Nairne (Raven Indigenous Capital Partners) and Monique Morden (Timia Capital) provides advisory oversight.

How is Spring Impact Capital related to the Spring accelerator?

Spring Impact Capital is the dedicated venture fund built on top of Spring, an impact accelerator co-founded by Keith Ippel in 2010. Spring has catalyzed over $81M in impact investment and supported more than 3,300 founders through training, mentorship, and investor-matching programs. The fund uses Spring's national pipeline to source early-stage Canadian ventures in human and planetary health that have already demonstrated intentional, measurable impact through the accelerator's curriculum.

Does Spring Impact Capital participate in fund commitments or only direct deals?

Spring Impact Capital makes direct investments into operating companies. The firm's strategy page and portfolio both describe co-investing and leading rounds in early-stage ventures, with post-investment board engagement. There is no mention of fund-of-fund commitments, LP positions in other venture funds, or secondary transactions.

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