About Stellus Capital Management
Stellus Capital Management, established in 2012, is a private debt fund primarily based in Houston, United States. It specializes in financing Conventional Debt round of companies based in United States. Its portfolio includes 138 firms, spanning the Enterprise Applications, High Tech sectors.
As of Sep 2026, Stellus Capital Management has witnessed 95 portfolio exits so far. Its most notable investments include companies like Onclusive, T2 Systems and Magnitude.
Its latest investment was a Undisclosed Conventional Debt round in Med Learning Group on Apr 11, 2024 along with Lafayette Square.
Key Metrics
Founded Year
2012
Location
Houston, United States
Portfolio Companies
Sectors of Investment
Stages of Investment
Conventional Debt & PE
Locations of Investment
Stellus Capital Management's List of Top Investments
Stellus Capital Management has a portfolio of 138 companies. Their most notable investments are in SQAD and Dealers Transmission Exchange.Their portfolio spans across United States, Canada, United Kingdom and 3 more locations. They have invested in Enterprise Applications, High Tech, Consumer and 30 other sectors, across stages such as Conventional Debt, PE stages. Here is the list of top investments by Stellus Capital Management:_1556538067178.png?format=webp&height=120&width=120)
1. Onclusive
Onclusive provides data science-based solutions for marketing and communications. It uses AI and data science to capture the sentiment of the users towards the content and provides actionable insights about the content quality, engagement. The company also provides tools for competitor analysis.
Key facts about Onclusive
- Founded Year: 2007
- Location: Burlingame (United States)
- Stage: Acquired
- Total Funding till date: $24.4M
- Employee Count: 1,112 as on Aug 31, 2026
- Investors: Storm Ventures, Salesforce and 13 Others
- Latest Funding Round: Unattributed, Apr 17, 2019, $*****
- Highlight: Acquired
2. T2 Systems
Provider of parking management software and related technology solutions. The company delivers tools for enforcement, permit management, and license plate recognition. It offers pay stations, mobile payments, and citation services. The company serves universities, municipalities, private operators, corporate campuses, healthcare systems, and airports.
Key facts about T2 Systems
- Founded Year: 1994
- Location: Indianapolis (United States)
- Stage: Acquired
- Total Funding till date: $31M
- Employee Count: 255 as on Aug 31, 2026
- Investors: Pamlico Capital, Jupiter Peak and 4 Others
- Latest Funding Round: Series B, Sep 30, 2011, $*****
- Highlight: Acquired
3. Magnitude
Enterprise data analytics and planning software solutions for financial performance management. The company provides comprehensive solutions for the Office of the CFO, enabling automated processes, delivering trusted insights, boosting predictability, and increasing productivity. Their offerings span financial planning and analysis, accounting, and operations, transforming how teams operate and empowering leaders to make timely and informed decisions. The company's software integrates with various ERP systems and data sources, providing tools for reporting, analytics, data warehousing, and financial close processes. They offer solutions for data connectivity, data management, and data visualization, catering to diverse business needs. The company focuses on delivering value through innovation and a customer-first mindset, supporting businesses in achieving their financial and operational goals with their suite of software and services.
Key facts about Magnitude
- Founded Year: 2014
- Location: Austin (United States)
- Stage: Acquired
- Total Funding till date: $279M
- Employee Count: 67 as on Dec 31, 2015
- Investors: Raptor Group, 3i Group and 2 Others
- Latest Funding Round: PE, May 08, 2019, $*****
- Highlight: Acquired
4. Bombora
Bombora is an intent data aggregator for B2B marketers and publishers. The company tracks over 2,300 granular B2B topics across actions including search, white paper downloads, webinars, trade show sign-ups, the article reads, video, social, IP, and more. The clients include IBM, Lenovo, Adobe, EVERSTRING, etc.
Key facts about Bombora
- Founded Year: 2014
- Location: New York City (United States)
- Stage: Acquired
- Employee Count: 228 as on Aug 31, 2026
- Investors: Runway Growth Capital, Alpine Meridian and 4 Others
- Latest Funding Round: Conventional Debt, Apr 14, 2021, $*****
- Highlight: Acquired
Securus Technologies provides detainee communications, parolee tracking, and government information management solutions, serving approximately 2,200 correctional facilities in 45 states, the District of Columbia, Canada, and Mexico, and more than 1,000,000 inmates in the US. Solutions include phone, video, and email services, Jail Voicemail, and Money Transfer. Provides a mobile application that is compatible with both Android and iOS devices.
Key facts about Securus Technologies
- Founded Year: 1986
- Location: Carrollton (United States)
- Stage: Acquired
- Employee Count: 1 as on Jul 31, 2026
- Investors: HarbourVest Partners, Prospect Capital and 4 Others
- Highlight: Acquired
Stellus Capital Management's Year-on-Year Investment Trends
Stellus Capital Management has invested in 139 companies over the last 13 years, with an average of 2 new investments annually in the last 10 years. Its most recent first time investment was in Med Learning Group and most recent follow-on round was in PCS Software.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 0 | 0 | 0 |
2024 | 1 | 0 | 1 |
2023 | 0 | 0 | 0 |
2022 | 0 | 0 | 0 |
2021 | 1 | 0 | 1 |
2020 | 0 | 0 | 0 |
2019 | 7 | 2 | 9 |
2018 | 6 | 5 | 11 |
2017 | 6 | 1 | 7 |
Stellus Capital Management's Investments by Stage
Stellus Capital Management has made 25 investments in Conventional Debt stage with an average round size of $18.2M and 4 investments in PE stage with an average round size of $218K.Stage of entry | No. of Investments |
|---|---|
Conventional Debt | 25 |
PE | 4 |
Note: We have considered here, only first round of investments
Stellus Capital Management's Investments by Sector
Stellus Capital Management has a diverse portfolio, with companies operating in the Enterprise Applications, Consumer Goods, Business Services, Consumer and Energy. Notably, it has invested in 65 Enterprise (B2B) companies, 43 Tech companies, 27 Software companies and at least 20 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
Enterprise Applications | 7 |
Consumer Goods | 3 |
Business Services | 2 |
Consumer | 2 |
Energy | 2 |
Others | 20 |
Note: We have considered here, only first round of investments
Stellus Capital Management's Investments by Geography
Stellus Capital Management has made most investments in United States (28), followed by Canada where it has made 1 investment.Country | No. of Investments |
|---|---|
United States | 28 |
Canada | 1 |
Note: We have considered here, only first round of investments
Stellus Capital Management's recent investments
Stellus Capital Management has not made any investment in 2026 so far.Here are the most recent investments by Stellus Capital Management:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Apr 11, 2024 | United States | Conventional Debt | 1774 | ||
Dec 21, 2021 | United States | Conventional Debt | 8774 | [+3] | |
Sep 2019 | United States | Conventional Debt | 3622 | - | |
Aug 2019 | United States | Conventional Debt | 1600 | - | |
Aug 2019 | United States | Conventional Debt | 9175 | - |
IPOs and Publicly Listed companies in Stellus Capital Management's Portfolio
1 of Stellus Capital Management's portfolio company became public - ProPetro Holding. It got listed on the New York Stock Exchange (NYSE), in Mar 2017.Here are Stellus Capital Management's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Mar 17, 2017 | Apr 19, 2013 | Conventional Debt | 4318 |
Acquired companies in Stellus Capital Management's Portfolio
94 companies from Stellus Capital Management's portfolio have been acquired. The most recent acquisition was GENLED in Jul 2026 by Principal Industries for $*****.Here are Stellus Capital Management's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jul 22, 2026 | - | - | 2705 | |
May 20, 2026 | - | - | 4347 | |
Feb 20, 2026 | - | - | 5470 | |
Dec 09, 2025 | - | - | 2062 | |
Jun 12, 2025 | Jun 30, 2016 | Conventional Debt | 4274 |
Team profile of Stellus Capital Management
Stellus Capital Management has a team of 6 members including 2 Partners located in United States.Co-investors of Stellus Capital Management
Over the past 13 years, 36 investors have co-invested in Stellus Capital Management's portfolio companies. This includes funds and angels.
- Invested before Stellus Capital Management: Audax Private Equity, CVF Capital Partners and 13 others have invested in rounds before Stellus Capital Management. There is 1 company where Audax Private Equity has invested before Stellus Capital Management and 1 company where CVF Capital Partners has invested before Stellus Capital Management.
- Top Co-investors of Stellus Capital Management: 9 investors entered a company along with Stellus Capital Management. These include investors like WestView Capital (1 company).
- Invested after Stellus Capital Management: A total of 12 investors have invested in Stellus Capital Management's portfolio after their investments. Top Investors include 3i Group (1 company) and Runway Growth Capital (1 company).
Recent News related to Stellus Capital Management
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Ridgepost Capital Completes Acquisition of Stellus Capital ManagementGlobeNewswire•Jun 23, 2026•Stellus Capital Management
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Stellus Capital Closes Fourth Credit Fund at $1.5 BillionAlternativecreditinvestor•May 20, 2026•Stellus Capital Management
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Stellus Supports SilverAssist's Acquisition of Caring, LLCPR Newswire•Feb 03, 2026•Caring.com, Stellus Capital Management, P10, SilverAssist
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