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Spring acquires Future Capital in impact-driven link-up
The pair’s combined programming and expertise will deliver even greater support for diverse investors and underrepresented founders.
Spring Activator (Spring), a leader in Canada’s early-stage impact investing ecosystem, announced the acquisition of Future Capital: the learning and investing platform built for underrepresented early-stage investors founded by Marlon Thompson.
No Spring chicken: Since its 2014 inception, Spring has worked at the intersection of impact entrepreneurship and investing. It connects and catalyzes founders and investors through programs, events, investment, and community. Its notable partners across Canada include the TELUS Pollinator Fund for Good, Digital, NRC IRAP, and BDC. Globally, the outfit counts USAID, GIZ, Swisscontact, and EFSE as colleagues.
“This acquisition marks an incredible step forward for bringing wealth creation opportunities to underrepresented communities,” said Spring’s co-founder and co-CEO Keith Ippel. “We are now able to connect more diverse, impact-driven founders and funders and we see an increasing need in the market to do so. We know we can move faster together to transform the ways the whole ecosystem thinks about investing, starting companies, and innovation as a whole.”
“Future Capital has an impressive reputation for delivering high-impact investor training, and Marlon has built a phenomenal business that has truly made a difference,” said Spring’s co-CEO Caroline von Hirschberg. "Far too many industries are dominated by competitive and insular mindsets. We're excited to demonstrate the power of collaboration and an abundance mindset through this partnership."
The future of Future Capital: Combined, Spring and Future Capital’s programming, communities, and expertise will provide a more inclusive suite of offerings to scale an equitable model for early-stage impact investing. Thompson will join Spring as Chief Experience Officer (CXO) and will report to Ippel and von Hirschberg.
“The future of capital looks different than it did yesterday,” said Thompson. “The Spring team’s appreciation of the important role that accessibility plays in the innovation ecosystem makes for a natural alignment between organizations. The mission to enable purpose-driven founders and investors to create an equitable, and resilient world is not a small commitment, but I believe this partnership is positioned to do just that.”