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September 15, 2026
“Who you're selling to matters as much as the number” — interview with Virgil Cioaca, the founder of FirstPromoter
A year after the exit: we caught up with Virgil Cioaca, the bootstrapped founder of FirstPromoter, on persistence, the exit process, life post-acquisition, and what comes next.
Read moreSeptember 4, 2025
SpringWater Launches as Entrepreneur-Led SaaS Acquirer, Announces First Acquisition of FirstPromoter
Vilnius — September 4, 2025 — SpringWater, an entrepreneur-led investment firm focused on acquiring and scaling founder-led SaaS businesses, announced its official launch today. The firm is backed by bootstrapped entrepreneurs who have built global category leaders like Hostinger, WebPros, Contabo, as well as NordVPN, Oxylabs, nexos.ai (the Tesonet group).
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