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Sprig Equity

Sprig Equity

Wilmette, Illinoissprigequity.com

Overview

SPRIG Equity is a growth equity and late-stage venture capital firm dedicated to improving patient outcomes by partnering with best-in-class teams and medical technologies. Launched in 2023, SPRIG Equity actively invests in late-stage opportunities across the medical technology sector, including medical devices, diagnostics, and tech-enabled services.

Year Founded

2023

AUM

$50M

Portfolio Companies

4

Investments

Sprig Equity investments
CompanyDateStageLead
SetPoint MedicalAug 2025Series DCo-investor
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Key People

Alexei Mlodinow

Venture Partner

Sector & Stage Mix

Industry, funding stage, and valuation band breakdowns.

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SeedSeries ASeries BGrowth

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Investment Activity

Yearly cadence, pace, and funding raised over time.

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2021
2022
2023
2024
2025
2026

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FAQ

Where is Sprig Equity based?

Sprig Equity is headquartered in Wilmette, Illinois, United States.

When was Sprig Equity founded?

Sprig Equity was founded in 2023.

How many portfolio companies does Sprig Equity have?

Sprig Equity has 4 portfolio companies in Caplight's dataset.

What are some companies in Sprig Equity's portfolio?

Portfolio companies visible on Caplight include SetPoint Medical.

What was Sprig Equity's most recent investment shown here?

Sprig Equity's most recent investment in this portfolio sample was in SetPoint Medical in 2025.

What sectors does Sprig Equity focus on?

Sprig Equity focuses on Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences.

What company stages does Sprig Equity focus on?

Sprig Equity typically invests at the Late stage.

Firmographic Details

HeadquartersWilmette, Illinois
Year Founded2023
AUM$50M

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