Spring Closes $25 Million in New Equity Funding to Scale Supply Chain Financing and Pioneer Autonomous Finance for CPG Brands

NEW YORK — April 10, 2026

Spring, a New York-based supply chain financing company, today announced the close of its latest equity funding round, providing $25 million of new equity funding. The round includes participation from existing investors and HOF Capital, a New York-based venture capital firm. This enables Spring to enhance its credit lines from funding partners as Spring covers any first losses from its equity dollars in the funding structure.

The financing follows a period of rapid traction since Spring’s launch earlier this year. The company has provided non-dilutive funding to over 150 CPG brands in seven months.

Spring is repaid directly from its CPG clients’ end customers: leading US retailers and distributors, such as Walmart, Costco, Target, Kroger, UNFI, and KeHE.

Spring was founded to address a persistent funding gap in the CPG industry. As brands win shelf space at major retailers, they face ballooning working capital demands — extended payment terms, large purchase orders, and seasonal inventory builds — often without the balance sheet to support them. Using AI-native underwriting, Spring provides instant funding to bridge that gap, financing the period between production and retailer payment.

Alongside its lending operations, the company provides AI-driven finance tools that act on behalf of CPG founders to find hidden capital, surface revenue opportunities, and optimize working capital. Eventually, Spring aims to autonomously manage the financial operations of any SME.

About Spring

Spring is a New York-based supply chain financing company built for consumer packaged goods brands. The company provides purchase order financing and invoice factoring to help founders manage working capital as they scale into major U.S. retail distribution. Spring was founded by a team of operators with backgrounds spanning fintech, capital markets, and enterprise technology. For more information, visit spring.ai.