Springcoast Partners Closes Inaugural Funds with $750 Million in Capital Commitments

Springcoast Partners I represents the largest tech-focused growth fund raised by an emerging manager over past three years

NEW YORK--(BUSINESS WIRE)--Springcoast Partners (“Springcoast” or the “Firm”), a growth equity firm focused on making minority investments in scaled software and technology companies, today announced that it has closed its debut fund, Springcoast Partners I (together with its parallel funds, “Fund I”), at its hard cap of $525 million. Including co-investment vehicles, the firm raised $750 million in connection with Fund I’s strategy, bringing total assets under management to over $1.5 billion, as of December 31, 2025.

Springcoast’s co-founders, Holger Staude and Grant Wentworth, collaborated for a decade before launching Springcoast in 2023. Mr. Staude previously led software investments within Goldman Sachs’ former Special Situations Group, while Mr. Wentworth invested on behalf of Maple Partners, a growth-oriented family office. Together, they executed more than a dozen transactions prior to founding Springcoast.

With its first commingled fund, Springcoast is building a concentrated portfolio designed to deliver tighter dispersion of returns than traditional growth equity strategies. The Firm takes an engaged, operator-driven approach to value creation, supported by a part- and full-time group of operating partners that includes former senior leaders from BigCommerce (now Commerce, Inc.), Proofpoint and the Linux Foundation. The Firm’s current portfolio companies include Acronis (cybersecurity), Egnyte (content governance), Nanit (consumer technology), Overhaul (cargo risk management) and Peek (operating system for experiences). Since inception, Springcoast has realized several early liquidity events, returning over $100 million to investors, as of December 31, 2025.

“Our focus on scaled companies with profitable unit economics and established operating models is designed to reduce downside risk,” said Springcoast co-founder Holger Staude. “This allows us to offer less dilutive capital to founders who have strong conviction in the upside.”

Springcoast’s investment approach has resonated with both founders and limited partners who value the Firm’s institutional heritage, independence from competing strategies, and high-engagement approach across a smaller set of investments. The Firm’s investor base includes large fund-of-funds, institutional family offices, insurance companies, pension funds, and key consultant relationships.

“We deeply appreciate the trust and confidence of our partners,” said Springcoast co-founder Grant Wentworth. “We believe these vintages are particularly compelling – innovation is accelerating, even as macro-economic uncertainty and the lingering effects of the valuation dislocation create attractive entry points.”

William Blair advised on the fundraise, and Kirkland & Ellis LLP served as legal counsel.

Certain statements herein are the opinions and beliefs of Springcoast; other market participants could take different views. Past performance is not indicative of future results. There is no guarantee Springcoast will be able to implement its investment strategies or achieve its investment objectives. References to “downside protection” or similar language are not guarantees against loss of investment or capital value.

About Springcoast Partners

Established in 2023, Springcoast is a New York-based growth equity firm focused on partnering with market leading software and technology companies. To learn more about Springcoast, please visit www.springcoast.com.