Ironspring Ventures is an Austin, Texas venture firm investing in what it calls digital industrial innovation. It backs early stage founders modernizing the industrial value chain across four sectors: construction, manufacturing, transportation and logistics, and alternative energy. Co-founders Ty Findley and Peter J. Holt lead the firm as general partners, and its network is weighted toward industrial operators, which the firm presents as its edge over generalist funds that only visit these markets occasionally. Ironspring was founded in 2020 and closed a $61 million debut fund in 2021, which it deployed into 16 companies including OneRail, Prokeep, Document Crunch, and Solvento. In June 2024 the firm closed its second fund at $100 million, planning roughly 20 investments at a pace of four to five per year with initial checks of $2 million to $4 million, typically at seed and Series A. The portfolio spans construction software, warehouse robotics, freight and logistics platforms, industrial workforce tools, and distributed energy, with companies such as Base Power, Harbinger, Plus One Robotics, and Cargado. The firm recorded its most visible exit in April 2026, when Trimble announced the acquisition of Document Crunch, an AI powered contract review and compliance platform for the construction industry that Ironspring had backed since its first fund.
Document Crunch, an AI contract review and compliance platform for construction backed since the firm's first fund, was acquired by Trimble in 2026.