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Spring St. Group operates as a New York City-based single-family office specializing in venture capital and operational support. The group primarily provides capital and strategic guidance to forward-thinking founders and established fund managers. Its distinctive approach integrates substantial experience from a core business in distribution, pharmacy, eCommerce technology, and large-scale retail, offering a unique value proposition to its diverse portfolio companies.
The group was founded in 2018, originating from the assets of the Nussdorf family. This family built its foundation with Quality King, a company established in 1961, specializing in personal care and beauty products. The creation of Spring St. Group represents an intentional strategy to deploy capital and leverage the profound industry expertise accumulated over decades from the family's prior commercial successes.
Spring St. Group actively partners with emerging brands, concentrating on those dedicated to quality, wellness, and ingenuity across various sectors such as healthcare, retail, financial technology, and consumer goods. Its core objective is to offer developmental and advisory support, using its extensive network and technological capabilities to deliver efficient solutions. The group envisions fostering the growth and success of innovative ventures by contributing both capital and strategic insight.
Spring Street Group has 1 tracked investment across 1 company. The latest tracked deal is $1.5M Seed in EVEN in March 2021.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Mar 18, 2021 | EVEN | $1.5M Seed | Align Ventures, GAN Ventures, Spring Street Group | — |