About Service Provider Capital
Service Provider Capital is a venture capital firm founded in 2014. It is primarily based out of Golden, United States. As of Jun 2026, Service Provider Capital is an active investor, having invested in 230 companies, with 7 new investments in the last 12 months. It primarily invests in Seed round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to High Tech and Consumer. Most recently it participated in the $***** Seed round of StratusGrid Overall, Service Provider Capital portfolio has seen 6 unicorns, 1 IPO and 64 acquisitions including key companies like Carta, SonderMind and Owlet. A lot of funds co-invest with Service Provider Capital, with names like Access Venture Partners sharing a substantial percentage of its portfolio. Service Provider Capital has team of 15 people including 14 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series A & 3 more
Portfolio IPOs
Portfolio Acquisitions
Deals in last 12 months
Service Provider Capital's List of Top Investments
Service Provider Capital has a portfolio of 230 companies, including 6 unicorns. Their most notable investments are in Red Canary and Parlay.Their portfolio spans across United States, Canada, India and 1 more locations. They have invested in Enterprise Applications, High Tech, Consumer and 32 other sectors, across stages such as Seed, Series A and 3 more. Here is the list of top investments by Service Provider Capital:
1. Carta
Software-based equity management solutions. It offers features solutions for valuation, equity planning, transfer agents, electronic securities, scenario modeling, fund administration, portfolio data collection, and more. It offers solutions to multiple sectors including private companies, investors, and public companies. It also offers ESOP management solutions.
Key facts about Carta
- Founded Year: 2012
- Location: San Francisco (United States)
- Valuation: $*****
- Stage: Series G
- Total Funding till date: $1.16B
- Employee Count: 2,356 as on Jul 31, 2026
- Investors: Meritech, Silver Lake and 138 Others
- Latest Funding Round: Series G, Aug 13, 2021, $*****
- Highlight: Editors' Pick
2. SonderMind
Mental health service provider offering virtual therapy services. The company's services include therapy and psychiatry, both virtually and in-person across a wide range of mental health needs including anxiety, depression, PTSD, ADHD, grief, eating disorders, and relationship issues.
Key facts about SonderMind
- Founded Year: 2014
- Location: Denver (United States)
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $276M
- Employee Count: 1,282 as on Jul 31, 2026
- Investors: Founders Circle Capital, Kickstart Fund and 24 Others
- Latest Funding Round: Series C, Jul 28, 2021, $*****
- Highlight: Editors' Pick
3. Owlet
Provider of wearable socks for baby monitoring. The smart socks helps to monitor the babys heart rate, respiration and the user can check in on baby through a mobile device, cam-streams audio and video of the baby to the smartphone, and band. The band is a pregnancy tracker solution which helps to track the babys wellness.
Key facts about Owlet
- Founded Year: 2013
- Location: Lehi (United States)
- Annual Revenue: $100M - $500M as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $55M
- Employee Count: 363 as on Jul 31, 2026
- Investors: Western Technology Investment, GR Capital and 32 Others
- Latest Funding Round: Post IPO, Feb 17, 2023, $*****
- Highlight: Public
4. Greenlight
App-based investment platform for kids and teens. The company offers debit cards for kids. It empowers parents to teach trade-off decisions, money management, and the power of saving with an app.
Key facts about Greenlight
- Founded Year: 2014
- Location: Atlanta (United States)
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $556M
- Employee Count: 670 as on Jul 31, 2026
- Investors: Bond Capital, Accel and 36 Others
- Latest Funding Round: Series D, Oct 04, 2023, $*****
- Highlight: Editors' Pick
_1582547671127.png?format=webp&height=120&width=120){kind=logo}
5. PadSplit
Provider of managed co-living and shared accommodation. The company leases properties from homeowners and offers them as managed branded accommodations. Some of the amenities provided by the company include furnishings, utilities, laundry, internet access, among others. Property owners who wish to monetize their spaces can submit an online application.
Key facts about PadSplit
- Founded Year: 2017
- Location: Atlanta (United States)
- Stage: Series B
- Total Funding till date: $35.2M
- Employee Count: 186 as on Jul 31, 2026
- Investors: Citi, Impact Engine and 22 Others
- Latest Funding Round: Series B, Nov 01, 2021, $*****
- Highlight: Editors' Pick
Service Provider Capital's Year-on-Year Investment Trends
Service Provider Capital has invested in 230 companies over the last 11 years, with an average of 9 new investments annually in the last 10 years. In 2025, it made 10 investments, while as of Jun 2026, it has made 3 investments in this year. Its most recent first time investment was in StratusGrid and most recent follow-on round was in Nurture Life.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 3 | 0 | 3 |
2025 | 10 | 0 | 10 |
2024 | 11 | 0 | 11 |
2023 | 7 | 0 | 7 |
2022 | 12 | 0 | 12 |
2021 | 14 | 0 | 14 |
2020 | 5 | 0 | 5 |
2019 | 6 | 0 | 6 |
2018 | 13 | 0 | 13 |
2017 | 5 | 0 | 5 |
Service Provider Capital's Investments by Stage
Service Provider Capital has made 71 investments in Seed stage with an average round size of $2.77M, 21 investments in Series A stage with an average round size of $7.13M, 3 investments in Series B stage with an average round size of $10.7M, 1 investment in Series C stage and 1 investment in Series D stage with an average round size of $62.5M.Stage of entry | No. of Investments |
|---|---|
Seed | 71 |
Series A | 21 |
Series B | 3 |
Series C | 1 |
Series D | 1 |
Note: We have considered here, only first round of investments
Service Provider Capital's Investments by Sector
Service Provider Capital has a diverse portfolio, with companies operating in the Enterprise Applications, Consumer, Vertical SaaS, FinTech and High Tech. Notably, it has invested in 218 Tech companies, 167 Enterprise (B2B) companies, 150 Software companies and at least 89 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 60 |
Consumer | 18 |
Vertical SaaS | 17 |
FinTech | 16 |
High Tech | 15 |
Others | 97 |
Note: We have considered here, only first round of investments
Service Provider Capital's Investments by Geography
Service Provider Capital has made most investments in United States (96), followed by Spain where it has made 1 investment.Country | No. of Investments |
|---|---|
United States | 96 |
Spain | 1 |
Note: We have considered here, only first round of investments
Service Provider Capital's recent investments
Service Provider Capital has made 3 investments in 2026 so far. StratusGrid and Boomband are the latest among them.Here are the most recent investments by Service Provider Capital:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jun 02, 2026 | United States | Seed | 6317 | [+3] | |
Feb 04, 2026 | United States | Seed | 8617 | [+2] | |
Jan 15, 2026 | United States | Seed | 1166 | [+3] | |
Dec 10, 2025 | United States | Series A | 1923 | [+6] | |
Nov 19, 2025 | United States | Seed | 1960 | [+2] |
Unicorns in Service Provider Capital's Portfolio
Service Provider Capital has 6 unicorns in its portfolio - Kin, Stord, SonderMind and others. The most recent unicorn in their portfolio is Kin. It became a unicorn in 2023, 2 years before Service Provider Capital first invested in it.Here is a list of unicorns in Service Provider Capital's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
66 | Online platform for homeowner insurances for individuals | 2016 | Chicago | Series E | falulgx | ||
71 | Provider of cloud-based end-to-end logistics and supply chain management solutions | 2015 | Atlanta | Series F | hbywweg | ||
80 | Mental health service provider offering virtual therapy services | 2014 | Denver | Series C | cccingc | ||
70 | Provider of e-commerce fulfillment solutions for direct-to-consumer brands | 2014 | Chicago | Series E | vlexlwt | ||
74 | App-based investment platform for kids and teens | 2014 | Atlanta | Series D | hqotwox |
IPOs and Publicly Listed companies in Service Provider Capital's Portfolio
1 of Service Provider Capital's portfolio company became public - Owlet. It got listed on the New York Stock Exchange (NYSE), OTC Markets (OTCMKTS), in Nov 2020.Here are Service Provider Capital's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Nov 05, 2020 | - | - | 8678 |
Acquired companies in Service Provider Capital's Portfolio
64 companies from Service Provider Capital's portfolio have been acquired. The most recent acquisition was CaliberMind in Aug 2026 by Integrate for $*****.Here are Service Provider Capital's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Aug 26, 2026 | - | - | 6810 | |
Jul 21, 2026 | Jun 06, 2025 | Seed | 9177 | |
Jul 14, 2026 | - | - | 3730 | |
Jun 01, 2026 | - | - | 2278 | |
Mar 03, 2026 | Jun 20, 2017 | Series A | 3741 |
Team profile of Service Provider Capital
Service Provider Capital has a team of 15 members including 14 Partners and 1 Principal located in United States and Singapore. Service Provider Capital's team does not sit on the board of any company as of now.Here is a list of top team members in Service Provider Capital:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Houston | - | ||
Partner | Chicago | - | ||
Partner | United States | - | - | |
Partner | Atlanta | - | ||
Partner | Denver | - | - | |
Partner | United States | - | - | |
Partner | Boulder | - | - | |
Partner | Chicago | - | ||
Partner | Lafayette | - | - | |
Partner | Austin | - |
Co-investors of Service Provider Capital
Over the past 11 years, 577 investors have co-invested in Service Provider Capital's portfolio companies. This includes funds and angels.
- Invested before Service Provider Capital: Techstars, Cox Enterprises and 108 others have invested in rounds before Service Provider Capital. There are 5 companies where Techstars has invested before Service Provider Capital and 2 companies where Cox Enterprises has invested before Service Provider Capital.
- Top Co-investors of Service Provider Capital: 336 investors entered a company along with Service Provider Capital. These include investors like Access Venture Partners (7 companies).
- Invested after Service Provider Capital: A total of 131 investors have invested in Service Provider Capital's portfolio after their investments. Top Investors include Social Capital (2 companies), Drive Capital (2 companies) and LLR Partners (2 companies).
Recent News related to Service Provider Capital
•
StratusGrid Raises $3 Million Seed Round To Advance AI-Driven Cloud Infrastructure OptimizationPulse 2.0•Jun 03, 2026•VentureSouth, Dogwood Ventures, Launch Tennessee, Market Square Ventures and 2 others
•
Boomband Raises $4.0M to ‘Reinvent’ the Talent MarketHrtechfeed•Feb 04, 2026•Boomband, Monster, Bostonseeds, Rogue Venture Partners and 3 others
•
RouteSense Secures ~$2M in Pre-Seed Funding for Predictive Analytics in PaymentsPR Newswire•Jan 15, 2026•Redbud VC, Mizzou, Cultivation Capital, Service Provider Capital and 2 others
•
BoodleBox Receives $5 Million Funding to Boost AI Collaboration in Higher EducationPR Newswire•Dec 10, 2025•Dogwood Ventures, BoodleBox, Osage Venture Partners, JFF and 5 others
•
Greenshoe Raises $3M in Seed FundingFinSMEs•Nov 25, 2025•AIX Ventures, Level Up Ventures, BluePrint, Service Provider Capital and 1 other
•
•
•
Pavewise Announces $2.5 Million Seed Funding RoundBenzinga•Oct 22, 2025•Pavewise, Broadwater Capital, Connetic Ventures, C2 Ventures and 3 others
•
Bonsai Secures $1.8 Million Investment for First-Party Marketing Intelligence Platformintelligence360•Aug 02, 2025•Mairs And Power, Tawani Ventures, Chicago Early Growth Ventures, Bonsai and 2 others
•
Lux Aeterna Secures $4M to Develop Reusable Satellite BusesPayload•Jun 25, 2025•Lux Aeterna, Space Capital, Dynamo Ventures, Alumni Ventures and 2 others
