Spring Labs

Financial ServicesSeries BMarina del Rey, USspringlabs.com

Latest round

Series B

Last raised

Apr 2021

Total raised

$48M

Investors

12

About Spring Labs

, doing business as Spring Labs, operates an online blockchain-based platform called Spring Protocol that supports data exchange and identity verification in the credit industry. The company was founded by its Executive Chairman Adam Jiwan, Chief Executive Officer John Sun, and Anna Fridman. The company's spring protocol is a secure data exchange framework that serves as the underlying blockchain upon which data exchange applications are built. The platform is designed to allow network participants, such as financial institutions, to share information about data, such as credit and identity data, without sharing the underlying data itself. The network is used by institutions to directly share information among themselves to verify identities and reduce fraud while protecting consumer data. The spring protocol provides secure sharing of sensitive data through advanced cryptography and blockchain technology. Spring Labs’ cryptography allows strict control of information visibility, and its blockchain provides a time-stamped, immutable record and audit trail. Spring Labs plans to expand its existing networks to new organizations and develop new networks based on customer needs and interests.

Who invested in Spring Labs

12 investors across 3 rounds

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Funding rounds

  1. Series B

    Apr 19, 2021

    Amount

    $15M

    Investors

    Locked

  2. Series A

    May 28, 2019

    Amount

    $23M

    Investors

    Locked

  3. Seed

    Mar 8, 2018

    Amount

    $11M

    Investors

    Locked

Questions about Spring Labs

Who invested in Spring Labs?

Spring Labs has 12 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Spring Labs raised?

Spring Labs has raised 3 venture rounds. Sign up free to see how much each round raised and the total.

When did Spring Labs last raise money?

Spring Labs's most recent round on record is a Series B, in Apr 2021.

What does Spring Labs do?

, doing business as Spring Labs, operates an online blockchain-based platform called Spring Protocol that supports data exchange and identity verification in the credit industry.

Where is Spring Labs headquartered?

Spring Labs is headquartered in Marina del Rey, US.

Which VCs invest in companies like Spring Labs?

Among active investors with capital left to deploy, Radical Ventures, Ribbit Capital, TrueBridge Capital Partners and Tribe Capital back financial services companies at Spring Labs's stage. Their profiles are linked below.

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