Valspring Capital Successfully Closes Fund I Above Target at $255 Million

Valspring Capital has successfully closed its debut fund, Valspring Capital Fund I, raising $255 million, surpassing its target. The Boston-based firm, founded in 2022 by former Bain Capital Ventures healthcare investors, focuses on growth-stage healthcare companies in sectors such as information technology and technology-enabled services. The fund attracted strong institutional investor interest, including endowments, pensions, and private wealth firms. Valspring sees great opportunity in the fragmented healthcare industry, having already made two investments in HealthJoy, a healthcare benefits navigation platform, and Phoenix, a pharmaceutical home delivery service. For more information, read the full press release on Business Wire.