Spru Ventures: A New York-based alternative investments firm founded in 2016.
Location
New York City, NY, US
Founded
2016
Spru Ventures is a New York-based alternative investments firm focusing on early-stage opportunities. Founded in 2016, the company targets innovative startups across various sectors, with a particular interest in financial technology and software solutions. Their investment approach typically involves convertible note rounds.
The firm's portfolio includes Formidium, a fintech company that has raised $3.5 million to date. Spru Ventures aims to provide value beyond capital, leveraging their network and expertise to support portfolio companies' growth. Their team of like-minded individuals brings diverse experience in alternative investments to identify promising opportunities and guide startups through critical growth stages.
Spru Ventures - Portfolio Snapshot
Portfolio activity breakdown across disclosed investments and stages
Portfolio Companies1
Current Portfolio Count1
Top Investment Stages
Series A1 (100.0%)
Stage Mix
Series A 100%
Concentration shown as share of disclosed investments by stage.