About MK Capital
MK Capital is a venture capital firm founded in 2000. It is primarily based out of Ann Arbor, United States. As of Jun 2025, MK Capital has invested in 76 companies. It primarily invests in Series B round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to FinTech and High Tech. Most recently it participated in the $***** Series A round of Uncountable Data Overall, MK Capital portfolio has seen 1 unicorn, 2 IPOs and 36 acquisitions including key companies like Coupa, Exodus and BMC Software. A lot of funds co-invest with MK Capital, with names like Pritzker Group sharing a substantial percentage of its portfolio. MK Capital has team of 12 people including 9 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Series B & 4 more
Portfolio IPOs
Portfolio Acquisitions
Portfolio Unicorns
MK Capital's List of Top Investments
MK Capital has a portfolio of 76 companies, one of which is a Unicorn. Their most notable investments are in HealthPlan Data Solutions and OneCause.Their portfolio spans across United States, Bangladesh and Canada. They have invested in Enterprise Applications, FinTech, High Tech and 26 other sectors, across stages such as Series A, Series B and 4 more. Here is the list of top investments by MK Capital:
1. Coupa
Provider of cloud-based business spend management platform leveraging AI to help companies achieve visibility, control, and optimization of total spend. It features solutions for spending management, procurement invoice automation, sourcing, travel and expense management, inventory optimization, contract management, spend analysis, data visualization, payment automation, compliance, and supplier management. It caters to multiple sectors like healthcare, hospitality, life sciences, and manufacturing.
Key facts about Coupa
- Founded Year: 2006
- Location: San Mateo (United States)
- Annual Revenue: $500M - $1B as on Jan 31, 2022
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $169M
- Employee Count: 3,711 as on May 31, 2026
- Investors: Meritech, T. Rowe Price and 18 Others
- Latest Funding Round: Post IPO, Jun 11, 2020, $*****
- Highlight: Acquired
2. Exodus
Colocation, managed hosting, and enterprise cloud computing solutions. The company also offers network access and internet bandwidth, managed security services and consulting, and network storage solutions.
Key facts about Exodus
- Founded Year: 2015
- Location: Omaha (United States)
- Annual Revenue: $100M - $500M as on Dec 31, 2025
- Stage: Public
- Employee Count: 281 as on Jul 31, 2026
- Investors: Seyen Capital, MK Capital and 10 Others
- Latest Funding Round: Series C, May 10, 2021, $*****
- Highlight: Public
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3. BMC Software
Cloud based unified IT management software. It offers solutions such as IT service management and application performance monitoring. The ITSM software remedy software allows the users to create and manage service requests, and perform incident management, change management, and patch management for the IT assets in the network.
Key facts about BMC Software
- Founded Year: 1980
- Location: Houston (United States)
- Stage: Acquired
- Employee Count: 8,858 as on May 31, 2026
- Investors: Saratoga Investment, Access Industries and 8 Others
- Latest Funding Round: PE, Sep 23, 2013, $*****
- Highlight: Acquired
In 2022, the company recorded annual revenues of $13.51B and a net profit of $1.48B.
Key facts about Republic Services
- Founded Year: 1998
- Location: Phoenix (United States)
- Annual Revenue: $1B+ as on Dec 31, 2025
- Stage: Public
- Employee Count: 21,213 as on Jul 31, 2026
- Investors: MK Capital and Argentum Group
- Latest Funding Round: Conventional Debt, Mar 2015, $*****
- Highlight: Public
5. Cerner
Online platform for employee health benefits. The platform includes aspects including clinical, financial, and operational outcomes, among others. Ambulatory, analytics, behavioral health, community, critical access, device connection, laboratory, patient engagement, clinical operations, pharmacy, population health management, radiology, research, and other services are available through the platform. It also offers employee benefits management and wellness services.
Key facts about Cerner
- Founded Year: 1979
- Location: North Kansas City (United States)
- Annual Revenue: $1B+ as on Dec 31, 2021
- Stage: Acquired
- Employee Count: 11,294 as on May 31, 2026
- Investors: MK Capital, Acadian Asset and 2 Others
- Latest Funding Round: Post IPO, Oct 02, 2019, $*****
- Highlight: Acquired
MK Capital's Year-on-Year Investment Trends
MK Capital has invested in 76 companies over the last 26 years, with an average of 1 new investment annually in the last 10 years. In 2025, it made 4 investments. Its most recent first time investment was in Uncountable Data and most recent follow-on round was in Optilogic.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 3 | 1 | 4 |
2024 | 0 | 0 | 0 |
2023 | 3 | 1 | 4 |
2022 | 3 | 0 | 3 |
2021 | 2 | 0 | 2 |
2020 | 0 | 1 | 1 |
2019 | 0 | 3 | 3 |
2018 | 0 | 3 | 3 |
2017 | 2 | 1 | 3 |
MK Capital's Investments by Stage
MK Capital has made 23 investments in Series A stage with an average round size of $6.91M, 17 investments in Series B stage with an average round size of $8.05M and 4 investments in Series C stage with an average round size of $7.4M.Stage of entry | No. of Investments |
|---|---|
Series A | 23 |
Series B | 17 |
Series C | 4 |
Seed | 2 |
Conventional Debt | 1 |
Others | 1 |
Note: We have considered here, only first round of investments
MK Capital's Investments by Sector
MK Capital has a diverse portfolio, with companies operating in the Enterprise Applications, Vertical SaaS, Enterprise Infrastructure, FinTech and HealthTech. Notably, it has invested in 58 Tech companies, 56 Enterprise (B2B) companies, 46 Software companies and at least 37 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 34 |
Vertical SaaS | 10 |
Enterprise Infrastructure | 8 |
FinTech | 6 |
HealthTech | 6 |
Others | 46 |
Note: We have considered here, only first round of investments
MK Capital's Investments by Geography
MK Capital has made most investments in United States (46), followed by Canada where it has made 1 investment.Country | No. of Investments |
|---|---|
United States | 46 |
Canada | 1 |
Israel | 1 |
Note: We have considered here, only first round of investments
MK Capital's recent investments
MK Capital has not made any investment in 2026 so far.Here are the most recent investments by MK Capital:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jun 17, 2025 | United States | Series A | 8177 | [+3] | |
Apr 08, 2025 | United States | Series B | 6291 | ||
Mar 31, 2025 | United States | Series A | 7774 | [+3] | |
Feb 04, 2025 | United States | Series A | 3784 | - | |
Oct 09, 2023 | United States | Series B | 4542 | [+2] |
Unicorns in MK Capital's Portfolio
MK Capital has 1 unicorn in its portfolio - Nerdio. The most recent unicorn in their portfolio is Nerdio which became a unicorn in 2025, 11 years after MK Capital first invested in it.Here is a list of unicorns in MK Capital's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
58 | Nerdio is a software solution provider that empowers Managed Service Providers (MSPs) and enterprise IT professionals to deploy, manage, and optimize virtual desktops in Microsoft Azure, leveraging its automated management and cost-optimization capabilities. | 2005 | Chicago | Series C | wsbsjtm |
IPOs and Publicly Listed companies in MK Capital's Portfolio
2 of MK Capital's portfolio companies have become public. Exodus got listed on the American Stock Exchange (NYSEAMERICAN), in Sep 2021 and Republic Services got listed on the New York Stock Exchange (NYSE) at marketcap of $4.2B.Here are MK Capital's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Sep 16, 2021 | - | - | 1860 | |
Jul 10, 1998 | - | - | 2109 |
Acquired companies in MK Capital's Portfolio
36 companies from MK Capital's portfolio have been acquired. The most recent acquisition was OneCause in Oct 2025 by Bonterra for $*****.Here are MK Capital's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Oct 15, 2025 | Sep 27, 2011 | Series B | 5530 | |
Jan 22, 2025 | Aug 12, 2021 | Series A | 3792 | |
Jul 02, 2024 | - | - | 2047 | |
Feb 13, 2024 | Oct 13, 2021 | Series B | 1379 | |
Oct 11, 2023 | Feb 25, 2016 | Seed | 5109 |
Team profile of MK Capital
MK Capital has a team of 12 members including 9 Partners and 1 Venture Partner located in United States, Canada and 1 more location. MK Capital's team sits on the board of 1 company.Here is a list of top team members in MK Capital:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Northbrook | - | ||
Partner | Chicago | - | ||
Partner | Ann Arbor | - | - | |
Partner | Northbrook | |||
Partner | Seattle | |||
Partner | London | - | - | |
Partner | Washington, DC | - | - | |
Partner | Mississauga | - | - | |
Partner | Dallas | - | - |
Co-investors of MK Capital
Over the past 26 years, 183 investors have co-invested in MK Capital's portfolio companies. This includes funds and angels.
- Invested before MK Capital: Shasta Ventures, First Round Capital and 67 others have invested in rounds before MK Capital. There are 3 companies where Shasta Ventures has invested before MK Capital and 2 companies where First Round Capital has invested before MK Capital.
- Top Co-investors of MK Capital: 50 investors entered a company along with MK Capital. These include investors like Pritzker Group (2 companies).
- Invested after MK Capital: A total of 64 investors have invested in MK Capital's portfolio after their investments. Top Investors include Verizon (2 companies), Pritzker Group (2 companies) and Cross Creek (2 companies).
Recent News related to MK Capital
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HealthPlan Data Solutions Secures $15M in Fundingintelligence360•May 06, 2025•HealthPlan Data Solutions, MK Capital
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INFI USA Raises $12M in Series A FundingFinSMEs•Feb 05, 2025•INFI, MK Capital, Stripe, Lightspeed and 1 other
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Optilogic Raises Funding RoundFinSMEs•Oct 10, 2023•Optilogic, Augment Ventures, Beringea, MK Capital and 1 other
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enosix, Inc. Closes $10 Million Financing with MK Capital to Support Real-Time SAP IntegrationFinancial Post•May 16, 2023•enosiX, MK Capital, Salesforce, MuleSoft and 1 other
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Datanomix secures $12M in growth funding to expand its production intelligence platform for industrial manufacturersTechStartups.com•May 11, 2023•Datanomix, MK Capital, PBJ Capital, Gutbrain Ventures and 1 other
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Optilogic in Ann Arbor Secures $13M to Expand Supply Chain OfferingsDbusiness•Feb 20, 2023•Optilogic, MK Capital
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