Spring
Company

Last deal

$1M

Amount

Seed

Stage

01.08.2018

Date

1

all rounds

$1M

Total amount

date founded

Financing round

General

About Company
Spring is a company that offers a comprehensive financial wellness benefit to businesses, helping them attract and retain employees.

Industry

Sector :

Subsector :

Keywords :

Also Known As

Holberg Financial

founded date

01.01.2015

Number of employees

Company Type

For Profit

Last funding type

Seed

IPO status

Private

Description

Spring provides employees with a holistic financial wellness platform, including education, goal-setting, budgeting, and personalized coaching. By reducing financial stress by an average of 64%, Spring saves companies $3,200 per employee per year in lost productivity. They are the top-rated financial wellness benefit in the US, empowering employees to eliminate debt, build savings, and gain financial security. As a fast-growing startup, Spring is committed to creating an inclusive and just workplace while leading the financial justice movement.
Contacts

Contact Email

Phone number

Social url

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Financials

Funding Rounds
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1

Number of Funding Rounds

$1M

Money Raised

Their latest funding was raised on 01.08.2018. Their latest investor West Loop Ventures. Their latest round Seed

Date 
Funding Round 
Investors 
Money Raised 
Lead 
West Loop Ventures

West Loop Ventures

West Loop Ventures is an early stage venture capital fund based in Chicago that invests in B2B financial technology startups.

Sector

Closed End Investments

Subsector

Closed End Investments

Keywords

Financial Services, Venture Capital, Finance

Location

Las Vegas, NV, USA

count Of Investments

12

count Of Exists

2
Co-Investors
Investors
2
1

Number of lead investors

2

Number of investors

Investor 
Lead 
Round 
Partners 
West Loop Ventures

West Loop Ventures

West Loop Ventures is an early stage venture capital fund based in Chicago that invests in B2B financial technology startups.

Sector

Closed End Investments

Subsector

Closed End Investments

Keywords

Financial Services, Venture Capital, Finance

Location

Las Vegas, NV, USA

count Of Investments

12

count Of Exists

2
Jeffrey Carter

Jeffrey Carter

current job

West Loop Ventures
West Loop Ventures

count Of Investments

1
G2T3V

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Subsector

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Keywords

Financial Services, Venture Capital

Location

Chicago, IL, USA

count Of Investments

8

People

Founders
1
Joseph Holberg
Joseph Holberg

Joseph Holberg

Joe is the Founder & CEO of Spring, the #1 rated financial wellness benefit in the US. He coined the term "financial justice" and gave a TEDxTalk to that end: https://www.youtube.com/watch?v=azk_ObDWkqk Additionally, he is the author of both "Rogue Finances: The "Un-system" Designed to Help You Become Financially Healthy, Successful, and Awesome" and most recently, "A Brief Discourse on the Definition and Tenets of Financial Justice" He understands the financial challenges and opportunities Americans face each day and he is building a new kind of financial company that strives to be the polar opposite of the entrenched status quo. His perspective is drawn from a variety of experiences including working at Google, teaching middle school math on the West Side of Chicago, and having created a loan underwriting system for the he Capital Good Fund, one of the country’s largest microfinance organizations. He is an avid coffee drinker, a reader, a bibliophile and an angel investor.

current job

Inverted Ventures
Inverted Ventures

Joseph Holberg

Employee Profiles
2
Joseph Holberg

Joseph Holberg

Founder & CEO

Joseph Holberg

Joseph Holberg

Founder & CEO

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