Before starting Spring Labs, cofounder and CEO Adam Jiwan spent 10 years working in investment management, with stints at George Soros’ family office and the hedge fund TPG-Axon Capital Management. He then started investing in financial services companies like Avant, an online lender that targets middle-income consumers and has been valued at over $1 billion. Jiwan cofounded Spring Labs with two former executives from Avant—former chief risk officer John Sun and chief compliance officer Anna Fridman. And Avant CEO Al Goldstein is on Spring Labs' board.

https://www.forbes.com/sites/jeffkauflin/2018/03/27/blockchain-startup-spring-labs-raises-15-million-in-vc-four-months-after-its-founding/#39ceca1252df