We Invest in
 
We Invest in

Investment Focus

Target Companies

  • Tech and Tech-enabled services businesses
  • $5-$50 million in revenue
  • High growth and demonstrated momentum
  • Repeatable sales processes
  • Capital efficient

What We Do

  • Invest $5-$20 million
  • Fund growth initiatives and/or provide liquidity
  • Partner with management teams to craft growth strategy and evaluate key strategic decisions
  • Primarily minority investors

About Us

Spring Lake Equity Partners is a Boston-based venture capital firm. We seek to partner with great management teams to take their businesses to the next level, creating value for all stakeholders. Spring Lake strives to add value to our portfolio companies through active board participation, strategic planning, and accessing our network of contacts.

Spring Lake Equity Partners | Boston-based private venture capital firm

Team

Bob Florenza | Spring Lake Equity Partners | Boston-based private venture capital firm

Bob Forlenza

Managing Partner

Bob is a founding partner of Spring Lake Equity Partners. Prior to founding Spring Lake, Bob served as Managing Partner of Tudor Investment Corporation’s private equity group, the predecessor to Spring Lake, for nearly two decades. He has served on the Board of Directors of numerous companies including Art Technology Group, Classic Sports Network, Wired, and Intelligrated. He is currently serving on the Board of Directors of Professional Trading Solutions (PTS), SmarterHQ and PhoenixET. Prior to joining Tudor, he was a Vice President at Carlisle Capital, a leveraged buyout firm based in Boston where he played a key role in the acquisition and management of several plastics companies which were consolidated to form Carlisle Plastics, a diversified plastics company that was taken public on the New York Stock Exchange.

Bob was also an executive with the American Management Company, a start-up software company which developed and marketed systems management software for mini-computers. Bob initially served as Chief Financial Officer and was later appointed Chief Executive Officer and led a successful effort to sell the company to a strategic acquirer. Bob was also a management consultant with Bain & Company at which he worked in a variety of industries including communications services, financial services and information technology. Bob earned a Masters in Business Administration from Harvard Business School and a Bachelor of Science in Accounting and Business Administration from Washington and Lee University.

Carmen Scarpa | Spring Lake Equity Partners | Boston-based private venture capital firm

Carmen Scarpa

Managing Partner

Carmen is a founding partner of Spring Lake Equity Partners. Prior to founding Spring Lake, Carmen served as a Partner in Tudor Investment Corporation’s private equity group, the predecessor to Spring Lake, since 1996. Carmen has focused on growth companies in the software, internet/digital media, business services and financial technologies sectors. He currently sits on the boards of Astadia, Forefront Telecare, NetBase Quid, Meteor Learning, and One Door. Prior investments where Carmen served as a director or was actively involved include Art Technology Group, Dorado Systems, Chordiant Software, GAIN Capital, ShoeBuy, TractManager, Velocity, Vurv, and Wimba. Carmen worked previously as an associate at Triumph Capital Group, Inc., a private equity firm in Boston. Prior to that, he was an assistant to the founder and CEO of Boston Concessions Group and was a corporate finance analyst for Drexel Burnham Lambert, Inc. Carmen earned a Masters in Business Administration from Harvard Business School and a Bachelor of Arts, magna cum laude, in Economics from Harvard University.
Jeff Williams | Spring Lake Equity Partners | Boston-based private venture capital firm

Jeff Williams

Partner

Jeff is a founding partner of Spring Lake Equity Partners. Prior to founding Spring Lake, Jeff served as a Partner in Tudor Investment Corporation’s private equity group, the predecessor to Spring Lake, since 1999. He has focused on investments in the software, internet infrastructure, cybersecurity and healthcare IT sectors. Jeff currently serves on the boards of InsideView, Forefront Telecare, and is a board observer for Illusive Networks. Prior investments where Jeff served as a director or was actively involved include Remedy Partners, ObserveIT, Sqrrl, Dorado Systems, Plated, NetProspex, Single Digits, Thorne Research, TractManager, Crossbeam Systems, Intelligrated, and Velocity Technology Solutions. Prior to joining Spring Lake Equity Partners he was an associate with Downer & Company, an international mergers and acquisitions firm. Jeff was also a strategic consultant to Oplab, a start-up medical device company. Previous to that he was a financial analyst in the Corporate Finance Department of Fox-Pitt, Kelton Ltd. Jeff earned a Masters in Business Administration from the MIT Sloan School of Management and a Bachelor of Arts in History, cum laude, from Yale University.
Dan Mackeigan | Spring Lake Equity Partners | Boston-based private venture capital firm

Dan MacKeigan

Partner

Dan is a founding partner of Spring Lake Equity Partners. Prior to founding Spring Lake, Dan served as a Partner in Tudor Investment Corporation’s private equity group, the predecessor to Spring Lake, since 2000. He has focused on investments in the wireless, mobile and internet sectors. Dan currently serves on the board of MediaMath, BlueConic, One Door, Gravy Analytics and Benu Networks. Dan also currently serves as a board observer on Matrixx Software. Prior investments where Dan served as a director or board observer include ArcSoft (ultimate Shanghai Stock Exchange (688088.SS), Wimba (acquisition by Blackboard), N2 Broadband (acquisition by Tandberg), Shoebuy (ultimate acquisition by Walmart), and Wavelink (ultimate acquisition by LANdesk). Prior to Spring Lake Equity Partners, Dan spent three years as a Vice President and Senior Public Equity Research Analyst with Friedman, Billings, Ramsey, a Northern Virginia-based investment bank, focusing on public and private companies in the internet, media, and technology industries. As a public equity analyst in the late 1990s, Dan conducted research on several emerging companies, including America Online, eBay, DoubleClick and Network Solutions. Dan holds a Bachelor of Science in Biology from Trinity College in Hartford.
Zak.Ray. |Spring Lake Equity Partners | Boston-based private venture capital firm

Zak Ray

Principal

Zak joined Tudor Ventures, the predecessor group to Spring Lake Equity Partners, in 2009. His primary areas of focus include Cybersecurity, MarTech, IT Infrastructure, Financial Technology, Healthcare IT, and vertically oriented SaaS businesses. Zak is currently involved with Spring Lake's investments in MediaMath, Illusive Networks, Forefront Telehealth, and Meteor Learning. Prior to joining Spring Lake Equity Partners, Zak worked in the Financial Institutions Group of RBC Capital Markets, a full-service investment bank. Zak holds a Bachelor of Arts in Economics from Bates College.
Dante Balestracci | Spring Lake Equity Partners | Boston-based private venture capital firm

Dante Balestracci

Principal

Dante joined the predecessor group to Spring Lake in 2009. He focuses on investments in software and tech-enabled services businesses across a number of verticals, including supply chain and logistics, IT infrastructure, cybersecurity and IoT. Dante is currently a director of Astadia and PhoenixET and was formerly on the board of Single Digits. He was also involved with Spring Lake’s investments in Matrixx, NetProspex, InsideView, and Plated. Prior to joining Spring Lake Equity Partners, Dante worked at William Blair & Company, a middle market investment bank. Dante holds a Bachelor of Arts in Government from Harvard College.
Mike Almberg | Spring Lake Equity Partners | Boston-based private venture capital firm

Mike Almberg

Senior Associate

Mike joined Spring Lake Equity Partners in 2015 and focuses on investments in Cybersecurity, Healthcare, Data & Infrastructure and Vertical Software businesses. He was involved in Spring Lake’s investments in Illusive Networks, BlueConic, ObserveIT, Forefront Telecare, and Sqrrl Data. Prior to Spring Lake, Mike worked with Indicator Ventures, an early-stage tech focused VC firm. He holds a Bachelor of Science in Finance from Bentley University.
Annie Ripp | Spring Lake Equity Partners | Boston-based private venture capital firm

Annie Ripp

Analyst

Annie joined Spring Lake Equity Partners in 2020. She is involved in prospecting and evaluating new investment opportunities for the firm. Prior to joining Spring Lake Equity Partners, she worked in management consulting for a life science consulting firm. Annie holds a Bachelor of Science in Policy Analysis and Management from Cornell University.
Meghan Farmer | Spring Lake Equity Partners | Boston-based private venture capital firm

Meghan Farmer

Director of Administration

Meghan joined Spring Lake Equity Partners in 2018. She is involved in overseeing the organizational aspects of the company as well as providing administrative support. She holds a Bachelor of Arts in Art/Art History from St. Lawrence University.

Portfolio

Current Portfolio

Past Experience

Portfolio | Spring Lake Equity Partners | Boston-based private venture capital firm
Portfolio | Spring Lake Equity Partners | Boston-based private venture capital firm
Portfolio | Spring Lake Equity Partners | Boston-based private venture capital firm
Portfolio | Spring Lake Equity Partners | Boston-based private venture capital firm
Portfolio | Spring Lake Equity Partners | Boston-based private venture capital firm
Portfolio | Spring Lake Equity Partners | Boston-based private venture capital firm
Portfolio | Spring Lake Equity Partners | Boston-based private venture capital firm
Portfolio | Spring Lake Equity Partners | Boston-based private venture capital firm
Portfolio | Spring Lake Equity Partners | Boston-based private venture capital firm
Portfolio | Spring Lake Equity Partners | Boston-based private venture capital firm
Portfolio | Spring Lake Equity Partners | Boston-based private venture capital firm
Portfolio | Spring Lake Equity Partners | Boston-based private venture capital firm
Portfolio | Spring Lake Equity Partners | Boston-based private venture capital firm
Portfolio | Spring Lake Equity Partners | Boston-based private venture capital firm
Portfolio | Spring Lake Equity Partners | Boston-based private venture capital firm
Portfolio | Spring Lake Equity Partners | Boston-based private venture capital firm
Portfolio | Spring Lake Equity Partners | Boston-based private venture capital firm
Portfolio | Spring Lake Equity Partners | Boston-based private venture capital firm

News

October 15, 2021 in News

MATRIXX Software Announces $50 Million in Growth Funding from Francisco Partners

Silicon Valley, Calif., October 14, 2021 — MATRIXX Software, a global leader in 5G monetization for the communications industry, today announced $50 million in growth funding from Francisco Partners, a leading global…
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October 15, 2021 in News

Martech Visionary Suresh Vittal Joins BlueConic Board of Directors Following a Record Quarter of Deals

October 14, 2021 08:02 AM Eastern Daylight Time BOSTON--(BUSINESS WIRE)--The world’s leading pure-play customer data platform (CDP) BlueConic today announced that Alteryx chief product officer and long-time Adobe executive, Suresh Vittal, has…
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September 8, 2021 in News

Trifecta Raises $20M In Series-B Funding Led By Spring Lake Equity Partners To Accelerate Rapid Growth

SACRAMENTO, Calif. (Aug. 18, 2021) – Trifecta, a leading organic food delivery service in the United States, today announced the closing of a $20 million series-B funding round, led by…
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April 20, 2021 in News

Woolworths Group Selects One Door to Improve the Store Team Experience

  BY KEN KUPERSTEIN | APR 20, 2021 | PRESS RELEASE | Australia’s largest retailer will use Merchandising™ Cloud to simplify work in stores BOSTON – (April 20, 2021) – One Door, Inc., the leading provider…
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