About Grayhawk Capital
Grayhawk Capital is a venture capital firm founded in 2000. It is primarily based out of Scottsdale, United States. As of Dec 2025, Grayhawk Capital is an active investor, having invested in 40 companies, with 1 new investment in the last 12 months. It primarily invests in Series A round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to Enterprise Infrastructure and HealthTech. Most recently it participated in the $***** Series A round of Kivo Overall, Grayhawk Capital portfolio has seen 18 acquisitions including key companies like Pillir, GolfNow and LookingGlass. A lot of funds co-invest with Grayhawk Capital, with names like Peninsula Ventures sharing a substantial percentage of its portfolio. Grayhawk Capital has team of 7 people including 3 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Series B & 2 more
Portfolio Acquisitions
Deals in last 12 months
Grayhawk Capital's List of Top Investments
Grayhawk Capital has a portfolio of 40 companies. Their most notable investments are in Bacon and SyncHR.Their portfolio spans across United States, Israel and Australia. They have invested in Enterprise Applications, Enterprise Infrastructure, HealthTech and 15 other sectors, across stages such as Series A, Series B and 2 more. Here is the list of top investments by Grayhawk Capital:1. SOCi
Marketing platform for businesses. It provides a platform for multi-location businesses to streamline marketing strategies. It leverages AI to automate search optimization, social strategy, and reputation management. The platform offers a range of features to help businesses manage online presence and engage with customers across multiple locations.
Key facts about SOCi
- Founded Year: 2012
- Location: San Diego (United States)
- Stage: Series E
- Total Funding till date: $238M
- Employee Count: 633 as on Sep 30, 2026
- Investors: Blossom Street Ventures, Grayhawk Capital and 17 Others
- Latest Funding Round: Series E, Mar 07, 2023, $*****
2. Alianza
White-label cloud VoIP platform. It provides cloud voice platforms that enable service providers to launch servers for business, mobile and residential subscribers. The platform provides cable VoIP 2.0, telco IP migration, business VoIP, and FTTH VoIP.
Key facts about Alianza
- Founded Year: 2009
- Location: Lindon (United States)
- Valuation: $*****
- Stage: Series E
- Total Funding till date: $131M
- Employee Count: 971 as on Sep 30, 2026
- Investors: Frazier VC, Kickstart Fund and 8 Others
- Latest Funding Round: Series E, Feb 26, 2025, $*****
- Highlight: Editors' Pick
3. eVisit
Provider of a SaaS-based telehealth platform for healthcare providers. The web application connects primary care providers with their patients by webcam or phone for the remote diagnosis and treatment of most minor medical conditions. It allows providers to collect patient co-pays, electronically prescribe prescriptions to the pharmacy of the patients' choice, and submit medical charts for reimbursement to 3rd party payers. The platform assists providers with billing, appointment booking, and patient scheduling process.
Key facts about eVisit
- Founded Year: 2013
- Location: Gilbert (United States)
- Stage: Series B
- Total Funding till date: $75M
- Employee Count: 81 as on Sep 30, 2026
- Investors: Goldman Sachs Investment Partners, Frazier VC and 20 Others
- Latest Funding Round: Series B, Sep 21, 2021, $*****
- Highlight: Editors' Pick
4. Medicom
Medicom is a web application for the medical industry that provides administrative task management tools. They have 3 products which are Imagex, Hex, and Endpoint. Images help transfer diagnostic images to healthcare groups, referring physicians, and patients through Medicom’s proprietary conduit. Hex is the patient record exchange network that can be used for peer-to-peer transfers. The endpoint is an image archiving system designed to work for surgeons and physicians.
Key facts about Medicom
- Founded Year: 2015
- Location: Raleigh (United States)
- Stage: Series B
- Total Funding till date: $42M
- Employee Count: 66 as on Sep 30, 2026
- Investors: UPMC, Grayhawk Capital and 8 Others
- Latest Funding Round: Series B, Jul 26, 2024, $*****
- Highlight: Editors' Pick
AI-powered network optimization platform improving network efficiency and customer experience. It offers a software solution that enables network operators to unlock network efficiency. The platform delivers network-wide customer experience insights in real time, empowering applications that reduce network congestion and drive energy reduction. It creates a data set for customer-centric AI solutions. The software is hardware, architecture, and vendor agnostic, easily installed in the network core. It improves customer experience for subscribers. The platform provides network intelligence for CAPEX investments and forecasts future impact. It optimizes energy usage based on real-time traffic demand. It detects network congestion in real time, applying optimization to data flows. It offers insights on network performance issues, user experience scoring, and proactive customer support. The platform enables real-time network automation, RAN energy management, and business intelligence. It improves network performance while reducing CAPEX requirements. The company provides Artificial Intelligence and Machine Learning software innovation that improves network efficiency for Communication Service Providers.
Key facts about Opanga Networks
- Founded Year: 2005
- Location: Seattle (United States)
- Stage: Series C
- Total Funding till date: $41.7M
- Employee Count: 48 as on Sep 30, 2026
- Investors: Delta Partners, Grayhawk Capital and 6 Others
- Latest Funding Round: Series C, Apr 01, 2025, $*****
- Highlight: Editors' Pick
Grayhawk Capital's Year-on-Year Investment Trends
Grayhawk Capital has invested in 40 companies over the last 23 years, with an average of 2 new investments annually in the last 10 years. In 2025, it made 2 investments. Its most recent first time investment was in Kivo and most recent follow-on round was in Medicom.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 2 | 0 | 2 |
2024 | 3 | 1 | 4 |
2023 | 1 | 0 | 1 |
2022 | 3 | 1 | 4 |
2021 | 1 | 0 | 1 |
2020 | 1 | 0 | 1 |
2019 | 2 | 2 | 4 |
2018 | 1 | 1 | 2 |
2017 | 3 | 0 | 3 |
Grayhawk Capital's Investments by Stage
Grayhawk Capital has made 17 investments in Series A stage with an average round size of $8.44M, 6 investments in Series B stage with an average round size of $12.1M, 4 investments in Series C stage with an average round size of $7.04M and 2 investments in Seed stage with an average round size of $1.71M.Stage of entry | No. of Investments |
|---|---|
Series A | 17 |
Series B | 6 |
Series C | 4 |
Seed | 2 |
Note: We have considered here, only first round of investments
Grayhawk Capital's Investments by Sector
Grayhawk Capital has a diverse portfolio, with companies operating in the Enterprise Applications, Enterprise Infrastructure, Vertical SaaS, HealthTech and Consumer. Notably, it has invested in 37 Tech companies, 34 Enterprise (B2B) companies, 30 Software companies and at least 24 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 26 |
Enterprise Infrastructure | 8 |
Vertical SaaS | 8 |
HealthTech | 5 |
Consumer | 2 |
Others | 13 |
Note: We have considered here, only first round of investments
Grayhawk Capital's Investments by Geography
Grayhawk Capital has made most investments in United States (27), followed by Israel where it has made 2 investments.Country | No. of Investments |
|---|---|
United States | 27 |
Israel | 2 |
Note: We have considered here, only first round of investments
Grayhawk Capital's recent investments
Grayhawk Capital has not made any investment in 2026 so far.Here are the most recent investments by Grayhawk Capital:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Dec 17, 2025 | United States | Series A | 2910 | ||
Apr 01, 2025 | United States | Series C | 1814 | [+2] | |
Sep 20, 2024 | United States | Series B | 7076 | [+2] | |
Jul 26, 2024 | United States | Series B | 9152 | [+5] | |
Apr 30, 2024 | United States | Series A | 6420 | [+5] |
Acquired companies in Grayhawk Capital's Portfolio
18 companies from Grayhawk Capital's portfolio have been acquired. The most recent acquisition was Pillir.Here are Grayhawk Capital's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Aug 12, 2026 | Apr 09, 2013 | Series A | 6302 | |
Apr 17, 2023 | - | - | 1055 | |
Jan 04, 2023 | Feb 13, 2017 | Series A | 2016 | |
Aug 22, 2022 | Oct 05, 2012 | Seed | 2090 | |
Apr 30, 2021 | Mar 29, 2017 | Series A | 5854 |
Team profile of Grayhawk Capital
Grayhawk Capital has a team of 7 members including 3 Partners and 1 Principal located in United States. Grayhawk Capital's team does not sit on the board of any company as of now.Here is a list of all team members in Grayhawk Capital:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Tempe | - | - | |
Partner | Mesa | - | ||
Partner | Phoenix | - | ||
Principal | Scottsdale | - | - |
Co-investors of Grayhawk Capital
Over the past 23 years, 166 investors have co-invested in Grayhawk Capital's portfolio companies. This includes funds and angels.
- Invested before Grayhawk Capital: Canvas Ventures, Frazier VC and 66 others have invested in rounds before Grayhawk Capital. There are 2 companies where Canvas Ventures has invested before Grayhawk Capital and 2 companies where Frazier VC has invested before Grayhawk Capital.
- Top Co-investors of Grayhawk Capital: 69 investors entered a company along with Grayhawk Capital. These include investors like Peninsula Ventures (3 companies).
- Invested after Grayhawk Capital: A total of 29 investors have invested in Grayhawk Capital's portfolio after their investments. Top Investors include Pelion Venture Partners (2 companies), Blossom Street Ventures (1 company) and Ankona Capital (1 company).
Recent News related to Grayhawk Capital
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Portland startup Kivo secures $5.1 million in additional funding led by Hatteras Venture Partners and Grayhawk CapitalSilicon Florist•Jan 09, 2026•Grayhawk Capital, Kivo, Oregon Venture Fund, Hatteras Venture Partners
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Mindset Medical Receives Additional FundingFinSMEs•Oct 09, 2025•Informed Mindset Medical, Arizona Venture Development, Grayhawk Capital, Xcellerant Ventures
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Cisco backs AI-powered network optimisation startup
Capacity Media•Apr 16, 2025•Cisco, Opanga Networks, Grayhawk Capital, Trilogy Equity Partners
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Case Status Announces $19.7M Series B Investment to Use A.I. to Transform Legal Client EngagementPR Newswire•Oct 09, 2024•Case Status, Grayhawk Capital, Topmark Partners, BIP Ventures and 1 other
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Mindset Medical Closes Series A FundingFinSMEs•Jun 06, 2024•Informed Mindset Medical, Grayhawk Capital, Questa Capital, Arizona Venture Development and 2 others
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Gig App Bacon.Work Secures $8 Million Funding From Established Financers & VC Exec Who Once Used Bacon to Find Temp JobsBusiness Wire•Aug 04, 2022•Bacon, Grayhawk Capital, 2.0 Ventures, Elevate Capital and 3 others
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Marketing data management platform Claravine nabs $16MTechCrunch+•May 16, 2022•Claravine, Grayhawk Capital, Five Elms Capital, Next Frontier Capital and 3 others
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