How Much Did Spring Raise? Funding & Key Investors

Spring has successfully raised funding through multiple rounds, with notable investors including Andreessen Horowitz and Employee Stock Option Fund. The platform empowers creators to design, sell, and manage custom products, integrating seamlessly with social channels for enhanced reach.

Keep reading to explore the intricacies of Spring's fundraising journey and the investors backing this innovative platform.

What Is Spring?

Spring, formerly known as Teespring, was founded in 2011 by Alan Tisch, Evan Stites-Clayton, and Walker Williams. The company is headquartered in San Francisco, California.

Spring provides an end-to-end solution for creators to design, create, and sell both physical and digital products. The platform integrates with social media channels like YouTube, TikTok, and Instagram to help creators maximize their reach and sales.

With a workforce of 251-500 employees, Spring handles order production, shipping, and customer service, allowing creators to focus on growing their brand.

How Much Funding Has Spring Raised?

1. Venture Round
   • Amount Raised: $5M
   • Date: June 2017
   • Lead Investors: Not publicly disclosed
   • Valuation at Round: Not publicly disclosed
   • Motivation Behind the Round: To support Teespring's mission to empower individuals to design and sell products.
2. Series B
   • Amount Raised: $35M
   • Date: November 2014
   • Lead Investors: Khosla Ventures
   • Valuation at Round: Not publicly disclosed
   • Motivation Behind the Round: To expand the platform's capabilities and reach more creators.
3. Series A
   • Amount Raised: $20M
   • Date: January 2014
   • Lead Investors: Andreessen Horowitz
   • Valuation at Round: Not publicly disclosed
   • Motivation Behind the Round: To scale operations and enhance product offerings.
4. Series A
   • Amount Raised: Not publicly disclosed
   • Date: March 2013
   • Lead Investors: Not publicly disclosed
   • Valuation at Round: Not publicly disclosed
   • Motivation Behind the Round: To further develop the platform and increase market presence.
5. Seed Round
   • Amount Raised: $1.2M
   • Date: March 2013
   • Lead Investors: Not publicly disclosed
   • Valuation at Round: Not publicly disclosed
   • Motivation Behind the Round: To launch the platform and attract initial users.
6. Seed Round
   • Amount Raised: $675K
   • Date: February 2012
   • Lead Investors: Not publicly disclosed
   • Valuation at Round: Not publicly disclosed
   • Motivation Behind the Round: To develop the initial version of the platform.

Total Amount Raised: $61.875M

Current Valuation: Not publicly disclosed

Key Investors

The major investors in Spring include:

• Andreessen Horowitz
  • Details: Andreessen Horowitz is a private venture capital firm founded in 2009 by Marc Andreessen and Ben Horowitz. The firm is headquartered in Menlo Park, California.
  • Investment Focus Areas: Technology, healthcare, financial services, consumer, enterprise.
  • Notable Investments: Facebook, Airbnb, Lyft.
• Khosla Ventures
  • Details: Khosla Ventures is a venture capital firm founded by Vinod Khosla in 2004. The firm is based in Menlo Park, California.
  • Investment Focus Areas: Clean technology, information technology, healthcare, internet, mobile.
  • Notable Investments: Square, DoorDash, Impossible Foods.
• Employee Stock Option Fund
  • Details: The Employee Stock Option Fund provides liquidity to employees of private companies by purchasing their stock options. Specific details about the fund are not publicly disclosed.
  • Investment Focus Areas: Not publicly disclosed.
  • Notable Investments: Not publicly disclosed.

Information about other major investors was not found in the provided sources.

What's Next for Spring?

Spring's future looks promising as it continues to create new opportunities for entrepreneurs, influencers, and community organizers. With a recent $5 million investment, the platform is well-positioned to expand its reach and capabilities, tapping into the growing eCommerce and creator economy trends.

Given the successful funding round, Spring may attract further investments, enabling it to scale operations and enhance its offerings. However, challenges such as competition in the eCommerce space and managing supply chain logistics could pose hurdles along the way.

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