Valspring Capital is a Boston-based growth equity firm focused on the healthcare sector, founded in 2022 by the former healthcare investment team of Bain Capital Ventures. The firm invests in growth-stage healthcare companies and closed its debut fund, Valspring Capital Fund I, at $255 million in January 2025.
33% of their portfolio is in HR & Talent. They made 1 investment in the last 12 months. Average disclosed round size is $35.8M (across 6 rounds with reported amounts).
Portfolio
5
Fund Size
$255M
Top Stage
Series B
Last 12 Mo
1
Team
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
6 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Parallel | Series B | $20M | Dec 2025 |
 Healthjoy | Series D | $60M | Oct 2022 |
 Parallel Learning | Series A | $20M | May 2022 |
| Healthjoy | Series D | $60M | Jan 2022 |
| KKoala Health | Series B | $20M | — |
| SSmall Door Veterinary | Bridge | $35M | — |
Top Co-Investors
Rethink Impact2 shared
Nueterra Capital2 shared
Health Velocity Capital2 shared
CIBC Innovation Banking2 shared
Endeavour Vision2 shared
Operator Partners1 shared
BoxGroup1 shared
Toba Capital1 shared
Primary Venture Partners1 shared
Lerer Hippeau1 shared
Obvious Ventures1 shared
JAWS Estates Capital, LLC1 shared
Index Ventures1 shared
Tiger Global Management, LLC1 shared
U.S. Venture Partners1 shared
Epic Angels1 shared
Last updated: 8 November 2026