Venture Accelerator Springboard Hits $20 Billion Grand Slam
$10+ billion in capital raised; $10+ billion in transactions; 81% success rate and 20 IPOs
NEW YORK–(BUSINESS WIRE)–Today Springboard Enterprises is pleased to announce it has achieved its 20-year target in 19 years, supporting its claim that it is first and best in matching women-led companies with the capital and access they need to transform industries and solve some of the world’s toughest problems.
Springboard’s 777 women-led companies have raised more than $10 billion in capital, realized more than $10 billion in M&A transactions, and Springboard counts 20 IPOs among its alumnae. There are currently five Springboard Unicorns, valued at more than $1 Billion, and more are on the way. “These numbers will double to $40 billion in the next 10 years, less than half the time it took for the first $20 billion,” says Chairman and Co-Founder Kay Koplovitz, “resulting in exponential growth for Springboard alumnae portfolio companies transforming industries.” Springboard alumnae are supported by a 5,000-member global expert network that has led to significant changes in revolutionizing industries including precision medicine, gene therapies, renewable energy, customer engagement, graphic design, car sharing, robotics, and urgent care, among many others.
Springboard is the global leader for the community of women who build high-growth technology and life science businesses. “The talent level among women business leaders is higher than capital markets have recognized. By identifying and supporting entrepreneurs at the top of the pyramid, Springboard unlocks untapped potential and economic value. The world is waking up to the fact that there is big money to be made in finding and funding companies led by diverse teams. As more women-led companies succeed and more venture capital dollars flow into these companies, those early in recognizing this opportunity are profiting the most,” stated Koplovitz.
About Springboard Enterprises:
The leading network of influencers, investors and innovators dedicated to building high-growth companies led by women who are transforming industries in technology and life science. The measure of our success is in the results. $10.3B Capital Raised, 777 Companies, 787 Alumnae, 86% Raised Capital, 81% Operational, 197 M&A transactions, 20 IPOs www.sb.co
Contacts
Kay Koplovitz
212-332-4401
info@sb.co