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David Spreng
Founder, CEO & CIO at Runway Growth Capital | Author of All Money is Not Created Equal
David Spreng is the CEO, CIO, and Founder of Runway Growth Capital, a venture debt firm he established in 2015. With over 30 years of experience in the investment sector, he has built a notable career as both a venture capitalist and a growth debt lender, significantly influencing the landscape for technology companies.
Professional Background
- Venture Capitalist: Spreng has been instrumental in the formation and development of nearly 50 technology companies, leading to 18 IPOs and 14 trade sales. His expertise in venture capital earned him recognition on Forbes' Midas List as one of the top 50 venture capitalists multiple times, including a ranking as the #8 VC in 2006 .123
- Growth Lending: In 2010, he co-founded Decathlon Capital Partners, which provided revenue-based loans to small, fast-growing companies. This experience led him to create Runway Growth Capital, focusing on minimally dilutive financing solutions for late-stage companies .234
Contributions and Leadership
- National Venture Capital Association (NVCA): Spreng has served on the board and as Chairman of the Government Affairs Committee, advocating for the interests of the venture capital community .25
- World Economic Forum (WEF): He is an active member and has participated in various initiatives, including serving on selection committees and as a panelist at events like Davos .23
Education
David Spreng holds a degree from the University of Minnesota, which laid the foundation for his extensive career in finance and investments .12
Current Role
As CEO and CIO at Runway Growth Capital, Spreng continues to lead efforts in providing strategic financing options that support growth-stage companies while minimizing dilution for founders and early investors. His commitment to fostering innovation and entrepreneurship remains central to his professional ethos .24
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