Spencer Krug

Partner at RiverPark Ventures

Spencer Krug is a Partner at RiverPark Ventures, an early-stage venture capital firm based in New York City.1 2 Here are some key details about Spencer Krug:

Professional Background

Spencer joined RiverPark Ventures in 2016 and is currently a Partner at the firm.2
He is involved in all aspects of RiverPark's investment process, with a particular focus on deal sourcing, due diligence, financial modeling, and managing portfolio companies.1
Prior to RiverPark, Spencer worked as a Management Consultant at L.E.K. Consulting, specializing in due diligence projects for private equity firms and corporate strategy engagements.1 2

Education and Certifications

Spencer received both his B.S. and M.B.A. from the Indiana University Kelley School of Business, studying Accounting and Financial Analysis.1
He is a licensed Certified Public Accountant (CPA).1

Investment Focus

Spencer has expertise in marketplaces and platforms, but invests across various industries.3
He has a particular interest in B2B and consumer marketplaces, eCommerce, and enablement software.4

Additional Roles and Interests

Spencer serves as a mentor with Backstage Capital.1
He runs a fitness program for the VC and Tech community called VC Fit.1
Spencer is known to be a fitness enthusiast and has tried numerous boutique fitness concepts in NYC.4

Investment Philosophy

Spencer emphasizes the importance of efficient capital use and focuses on metrics like payback period when evaluating potential investments.4 He believes in the potential for startups to become major consumer brands and values founders who understand the importance of direct customer engagement.4