What investment strategy does Spring Sas focus on?

Spring Sas focuses on VC strategies in the private equity space.

How many portfolio companies does Spring Sas have?

Spring Sas has 9 active portfolio companies and 2 completed exits and 1 fund tracked on GP Intel.

Where is Spring Sas headquartered?

Spring Sas is headquartered in Paris, France.

What is Spring Sas's assets under management?

Spring Sas manages approximately €50M in assets under management.

When was Spring Sas founded?

Spring Sas was founded in 2020.

What sectors does Spring Sas invest in?

Spring Sas invests across Consumer, Software, Business Services, Healthcare, Industrials.

Home/GPs/Spring Sas

Spring Sas

Paris, France·Founded 2020·

Venture Capital

·spring-invest.com

Paris-based early-stage VC firm specializing in retail-technology and commerce innovation. Spring Invest SAS (SIREN 925013799) registered 69 Boulevard Haussmann 75008 with AMF approval GP-16000026; firm origin 2015, first fund launched 2020 by Laurent Foiry (Co-Founder + Managing Partner) and Xavier Faure (Founder + Partner). Deploys EUR 50M+ across Seed and Series A with EUR 500k-3M tickets leveraging 50+ European retailer LP / advisor relationships. Notable exits Cabaia 2023 to Quilvest and DataHawk April 2025 to Worldeye.

AUM

€50M

Funds

vintages 2020

Portfolio

Exits

SectorsConsumerSoftwareBusiness ServicesHealthcareIndustrials

Key facts

HQParis, France

Founded2020

Websitespring-invest.com

Recent exits

DataHawk

TMT · 2025 · 4yr hold

Cabaia

Consumer · 2023 · 5yr hold

Coverage notes

1 fund tracked, 11 portfolio companies (9 active · 2 realized). Verified weekly from public filings and deal announcements.

Funds & portfolio

Every fund Spring Sas has raised, with its portfolio companies. Hand-checked from public filings.

1 fund

Spring Invest Fund IVC

2020 · 6yr€50M9 active · 2 realized

Unrealized

9 held

Company	Sector	Geo	Entry
Acolyt	–	–	–
Dataiads	TMT	France	2022
EasyPicky	TMT	France	2022
Mediarithmics	TMT	France	2022
Ouidrop	TMT	France	2023
Purchasely	TMT	France	–
Smala	TMT	France	2022
Tranché	Industrials	France	2024
xpln.ai	TMT	France	2023

AcolytActive

DataiadsActive

TMTFrance· Entry 2022

EasyPickyActive

TMTFrance· Entry 2022

MediarithmicsActive

TMTFrance· Entry 2022

OuidropActive

TMTFrance· Entry 2023

PurchaselyActive

TMTFrance

SmalaActive

TMTFrance· Entry 2022

TranchéActive

IndustrialsFrance· Entry 2024

xpln.aiActive

TMTFrance· Entry 2023

Realized

2 exits

Company	Sector	Geo	Entry	Exit	Type	Buyer	MOIC
Cabaia	Consumer	France	2018	2023	Trade Sale		–
DataHawk	TMT	France	2021	2025	Trade Sale		–

CabaiaExited 2023

ConsumerFrance· Entry 2018

Trade Saleto

DataHawkExited 2025

TMTFrance· Entry 2021

Trade Saleto

Track Spring Sas

Saved GPs appear in your watchlist, one click from your workspace.

About Spring Sas

Spring SAS is a Paris-based early-stage VC firm specialising in retail-technology and commerce innovation, with €50 million of assets under management. Founded in 2015 (firm origin) with first fund launched 2020 by Laurent, the platform deploys across French and European retail technology startups aligned with the digital transformation of commerce themes.

Investment thesis

Spring SAS targets European retail technology and commerce innovation startups at seed and Series A stages, with sector focus on e-commerce platforms, retail technology (point-of-sale, supply chain), consumer brands with digital-first models and selective FoodTech and consumer technology verticals. Equity ticket sizes typically range from €500 thousand seed positions through to €3 million Series A commitments.

Recent activity

Recent realised exits include DataHawk (TMT, 2025) and Cabaia (consumer, 2023), reflecting active distribution across the retail technology portfolio. The platform tracks a single dedicated fund vehicle, 7 active portfolio companies and 2 realised exits across the multi-vintage retail technology VC programme. Detailed buyer names and multiple data available on Pro at €29/month.