SpringCapital Investment

Investment decisions are overseen by the two founding principals, identified publicly as Martin and Michael. Deals advance through a screening funnel of more than 300 companies per year, and only those unanimously approved by the firm's investment committee are presented to members. The firm does not separately identify an investment committee roster beyond the principals.

SpringCapital forms a special purpose vehicle for each deal, allowing members to choose which companies they back rather than committing to a blind pool. The principals subscribe to a minimum of 10 percent of every deal, which the firm presents as an alignment mechanism. Members can also opt out of deals they do not like and invest more in those they do, with quarterly updates and direct access to portfolio-company management through SpringCapital.

Yes. SpringCapital Investment Pty Ltd operates the SpringCapital ESVCLP Fund, an Australian-government-approved Early Stage Venture Capital Limited Partnership that makes equity investments in eligible Australian growth companies. The ESVCLP vehicle runs parallel to the deal-by-deal SPV club, giving the firm two distinct pathways for deploying capital into early-stage and growth-stage opportunities.

SpringCapital limits participation to Wholesale Clients as defined under section 761G of the Corporations Act 2001. Registration requires identity verification and confirmation of Wholesale Client status. Investors can subscribe through individual names, SMSFs, family trusts, or corporate entities. The firm does not publicly disclose a minimum investment amount on its site.

SpringCapital does not publish an exclusion list. The portfolio skews heavily toward enterprise software, fintech, and hardware-enabled deep tech, with no publicly disclosed positions in traditional resources, heavy industrials, or biopharmaceuticals. The firm's screening process evaluates more than 300 companies annually, advancing only 5 to 10 percent to due diligence.

The firm's founding principals come from entrepreneurial backgrounds and leverage a network of founders and operators to source opportunities. Portfolio-company founders who exit successfully are encouraged to return as investors with SpringCapital, creating a recycling loop of operator-led deal flow. The firm also runs member-only events where founders present new deals directly to the investor base.

SpringCapital structures its own SPVs for club members and has co-invested alongside other Australian venture firms. A testimonial from Gill Findlay, an operating partner at AirTree, references working with Martin and Michael on a deal, and former Kaddy CEO Mike Abbott describes SpringCapital facilitating the company's first VC funding. The firm does not publicly disclose a formal co-investment policy.