About CapStone Holdings
CapStone Holdings is a venture capital firm founded in 2016. It is primarily based out of Bonita Springs, United States. As of Sep 2025, CapStone Holdings has invested in 11 companies. It primarily invests in Seed round in United States based startups. Its investments are spread across a wide range of sectors from High Tech to Auto Tech and Transportation and Logistics Tech. Most recently it participated in the $***** Seed round of Joy 101 Overall, CapStone Holdings portfolio has seen 1 IPO and 2 acquisitions, namely Curaleaf, Corporate Spending Innovations and Ilera Healthcare. CapStone Holdings has team of 5 people including 3 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Locations
Rounds of Entry
Seed, Series B & 1 more
Portfolio IPOs
Portfolio Acquisitions
CapStone Holdings' List of Top Investments
CapStone Holdings has a portfolio of 11 companies. Their most notable investments are in Ilera Healthcare and United Green.Their portfolio spans across and United States. They have invested in High Tech, Auto Tech, Transportation and Logistics Tech and 15 other sectors, across stages such as Seed, Series B and 1 more. Here is the list of top investments by CapStone Holdings:1. Curaleaf
Key facts about Curaleaf
- Founded Year: 2010
- Location: Wakefield (United States)
- Stage: Public
- Total Funding till date: $785M
- Employee Count: 2,831 as on Mar 31, 2026
- Investors: E Squared Capital and CapStone Holdings
- Latest Funding Round: Conventional Debt, Jan 17, 2025, $*****
- Highlight: Public
2. Local Motors
Developer of open platforms for vehicle design, manufacturing, and community. It facilitates collaborative engineering and production processes. The platforms enable individuals and organizations to contribute to vehicle development. It also fosters a community around vehicle innovation and creation.
Key facts about Local Motors
- Founded Year: 2007
- Location: Chandler (United States)
- Stage: Deadpooled
- Total Funding till date: $250K
- Employee Count: 791 as on Sep 30, 2026
- Investors: DT Unicorn Fund, General Electric and 11 Others
- Latest Funding Round: Series B, May 06, 2021, $*****
Developer of autonomous vehicle technology and retrofit kits for various applications. The company provides solutions for passenger and cargo transport, defense, transit, and resort applications. It offers autonomous mobility solutions designed for integration across vehicle manufacturers and technology ecosystems. The company’s technology enables automation of vehicles for use in bounded and geo-fenced operations.
Key facts about Perrone Robotics
- Founded Year: 2001
- Location: Charlottesville (United States)
- Annual Revenue: $1M - $10M as on Dec 31, 2019
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $10M
- Employee Count: 18 as on Sep 30, 2026
- Investors: Intel Capital, CapStone Holdings and 1 Other
- Latest Funding Round: Series B, Feb 22, 2021, $*****
- Highlight: Editors' Pick
Payment processing & management solutions for businesses. It features solutions for accounts payable automation, virtual cards, private network, global payments, reconciliation, recurring payments, and more. It provides corporate purchasing cards and travels payment solutions.
Key facts about Corporate Spending Innovations
- Founded Year: 1989
- Location: Bonita Springs (United States)
- Stage: Acquired
- Employee Count: 3,401 as on Aug 31, 2026
- Investors: CapStone Holdings
- Highlight: Acquired

5. Joy 101
Provider of digital wellness tools for daily practices and courses. This application offers users access to curated content focused on habit formation and personal well-being. It includes instructional modules, guided activities, and scheduled virtual sessions led by subject matter representatives. Individuals utilize these resources to follow structured plans designed for mental resets and self-care. The platform also facilitates participation in occasional in-person gatherings to supplement the remote content library.
Key facts about Joy 101
- Founded Year: 2025
- Location: Studio City (United States)
- Stage: Seed
- Employee Count: 22 as on Sep 30, 2026
- Investors: CapStone Holdings
- Latest Funding Round: Seed, Sep 22, 2025, $*****
CapStone Holdings' Year-on-Year Investment Trends
CapStone Holdings has invested in 12 companies over the last 6 years, with an average of 0 new investment annually in the last 5 years. In 2025, it made 1 investment. Its most recent first time investment was in Joy 101.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 1 | 0 | 1 |
2024 | 0 | 0 | 0 |
2023 | 0 | 0 | 0 |
2022 | 0 | 0 | 0 |
2021 | 2 | 0 | 2 |
2020 | 2 | 0 | 2 |
CapStone Holdings' Investments by Stage
CapStone Holdings has made 2 investments in Seed stage with an average round size of $2M, 2 investments in Series B stage with an average round size of $17.5M and 1 investment in Series D stage with an average round size of $50M.Stage of entry | No. of Investments |
|---|---|
Seed | 2 |
Series B | 2 |
Series D | 1 |
Note: We have considered here, only first round of investments
CapStone Holdings' Investments by Sector
CapStone Holdings has a diverse portfolio, with companies operating in the Healthcare, Auto Tech, Business Services, HealthTech and High Tech. Notably, it has invested in 4 Enterprise (B2B) companies, 4 Tech companies, 2 Consumer (B2C) companies and at least 2 companies focusing on Software.Sector | No. of Investments |
|---|---|
Healthcare | 2 |
Auto Tech | 1 |
Business Services | 1 |
HealthTech | 1 |
High Tech | 1 |
Others | 2 |
Note: We have considered here, only first round of investments
CapStone Holdings' Investments by Geography
CapStone Holdings has made most investments in United States (5).CapStone Holdings' recent investments
CapStone Holdings has not made any investment in 2026 so far.Here are the most recent investments by CapStone Holdings:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Sep 22, 2025 | United States | Seed | 2302 | - | |
Mar 11, 2021 | United States | Seed | 2822 | - | |
Feb 22, 2021 | United States | Series B | 1601 | - | |
Dec 24, 2020 | United States | Series B | 1234 | - | |
May 11, 2020 | United States | Series D | 2004 | - |
IPOs and Publicly Listed companies in CapStone Holdings' Portfolio
1 of CapStone Holdings' portfolio company became public - Curaleaf. It got listed on the Toronto Stock Exchange (TSX), in Dec 2023 at marketcap of $874KHere are CapStone Holdings' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Dec 12, 2023 | May 11, 2020 | Series D | 2007 |
Acquired companies in CapStone Holdings' Portfolio
2 companies from CapStone Holdings' portfolio have been acquired. The most recent acquisition was Ilera Healthcare in Aug 2019 by TerrAscend for $*****.Here are CapStone Holdings' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Aug 02, 2019 | Dec 24, 2020 | Series B | 2786 | |
Nov 08, 2018 | - | - | 4468 |
Team profile of CapStone Holdings
CapStone Holdings has a team of 5 members including 3 Partners and 1 Principal located in United States. CapStone Holdings' team does not sit on the board of any company as of now.Here is a list of all team members in CapStone Holdings:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | - | - | ||
Partner | Ann Arbor | - | ||
Partner | Allen Park | - | ||
Principal | Fort Myers | - |
Co-investors of CapStone Holdings
Over the past 6 years, one investor has co-invested in CapStone Holdings's portfolio companies. This includes only funds.
- Invested before CapStone Holdings: Intel Capital has invested before CapStone Holdings.
Recent News related to CapStone Holdings
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CapStone Holdings Names Jeff Genyk Head of Sports VenturesPR Newswire•Oct 12, 2026•CapStone Holdings
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CapStone Holdings Invests in Joy 101, a Fast-Growing Wellness Platform for WomenPR Newswire•Sep 22, 2025•CapStone Holdings, Joy 101
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Capstone to Acquire Carolina Stone ProductsCoin Spectator•Aug 18, 2025•Capstone Partners, Carolina Stone Products, Capstone Holding, CapStone Holdings
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Capstone Holding Corp. Launches Corporate Development Team to Accelerate Acquisition StrategyNewswire•Aug 04, 2025•CapStone Holdings
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Capstone secures $10 million convertible note facility for acquisition plansInvesting•Jul 30, 2025•CapStone Holdings
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Capstone Highlights Platform Strategy to Modernize Building Products DistributionNewswire•Jul 09, 2025•CapStone Holdings
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Capstone Holding Corp. Signs LOI to Acquire Southeast Stone Co.https://www.bignewsnetwork.com•Jul 01, 2025•CapStone Holdings, Southeast Stone
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Capstone Answers Key Investor Questions with New FAQ Press ReleaseNewswire•Jun 30, 2025•CapStone Holdings
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Khalid Walton Named as President of GameAbove EntertainmentPR Newswire•Aug 02, 2023•CapStone Holdings, GameAbove

