Mutual Capital Partners

Mutual Capital Partners is a venture capital investment firm based in Westlake, Ohio, established in 2004. The firm focuses on investing in rapidly growing technology businesses, particularly in the healthcare information technology and medical device sectors. With a network of over 100 investors, including successful executives from across the U.S., Mutual Capital Partners aims to bridge the funding gap in the Midwest by leading or co-leading investments in promising companies. The firm emphasizes collaboration, providing assistance with due diligence, customer introductions, and ongoing guidance to portfolio executives. Committed to supporting entrepreneurial efforts, it works alongside angel funds and economic development entities to facilitate access to capital. Mutual Capital Partners is known for its responsiveness, aiming to address potential investment inquiries within five business days.

Liz Todia

Principal

Bill Trainor

Managing Director

30 past transactions

Olio

Series A in 2022
Olio Health, Inc. is a technology company that operates a digital platform designed to connect acute and post-acute healthcare providers. Founded in 2017 and based in Carmel, Indiana, Olio's platform enhances communication and provides real-time visibility into patient location and status, facilitating better clinical outcomes. The platform offers features that improve accountability and visibility while streamlining workflows, allowing healthcare providers to manage patients more effectively and engage in value-based care arrangements. By creating a shared language among providers, Olio aims to enhance patient engagement and clinical effectiveness in the healthcare system.

SPR Therapeutics

Series D in 2021
SPR Therapeutics, LLC is a medical device company focused on developing and commercializing interventional pain management therapies. The company specializes in peripheral nerve stimulation (PNS) products, including its flagship Smartpatch system, which provides short-term pain relief following surgeries and for various types of pain such as neuropathic and musculoskeletal pain. Smartpatch is designed for minimally invasive use, allowing for up to 30 days of electrical stimulation to alleviate pain. Additionally, the company offers the Micropulse system for long-term therapy through an implantable PNS solution. SPR Therapeutics aims to provide a non-narcotic alternative to opioids and invasive procedures, emphasizing safety, effectiveness, and affordability in pain management. Founded in 2009 and headquartered in Cleveland, Ohio, the company also has facilities in the Carolinas and Minneapolis.

Catalyst OrthoScience

Series D in 2021
Catalyst OrthoScience Inc. is a medical device company based in Naples, Florida, focused on the upper extremity orthopedics market. Founded in 2014, the company is developing the Catalyst CSR total shoulder system, an innovative solution aimed at treating various shoulder conditions, including osteoarthritis, avascular necrosis, and post-traumatic arthritis. The CSR system is designed to minimize the stretching of muscles and ligaments during the implantation process, promoting a more natural recovery for patients. By emphasizing streamlined procedures and rapid recovery, Catalyst OrthoScience aims to enhance the patient experience in shoulder surgery.

Redi.Health

Seed Round in 2021
Redi.Health is a healthcare technology company focused on developing health management platforms that empower patients, particularly those with chronic diseases. The company connects these patients to support programs created in collaboration with pharmaceutical manufacturers, ensuring that access to these resources remains free. Its platform allows users to track medication schedules, gather and summarize relevant health information, and provides easy access to this data for healthcare providers. Additionally, it offers users news, tips, and clinical insights tailored to various health aspects, thereby assisting patients in overcoming healthcare barriers and actively participating in their health journeys.

7SIGNAL

Series D in 2021
7SIGNAL is a network technology company specializing in wireless performance optimization solutions for wireless LAN applications. Founded in 2006 and headquartered in Akron, Ohio, the company offers a cloud-based platform that continuously monitors Wi-Fi networks, identifying performance issues that affect application performance. Its flagship product, Sapphire, includes several software components: Sapphire Carat, which serves as the performance assurance engine; Sapphire Sonar for measurement capabilities; a user interface for configuration and troubleshooting; and Sapphire Eye, a monitoring device for performance data collection. 7SIGNAL's solutions are designed to enhance employee productivity and operational efficiency, making them suitable for various sectors, including healthcare, education, and government agencies. The company also provides professional services such as installation, training, and ongoing support. Its products are distributed through resellers to managed service providers and enterprises, with sales offices located in key U.S. cities.

EBlu Solutions

Series A in 2021
EBlu Solutions LLC, founded in 2013 and based in Louisville, Kentucky, specializes in designing and implementing product support programs for manufacturers in the pharmaceutical, medical device, and equipment sectors. The company focuses on managing the complexities of high-cost infusion and injection treatments, offering services that include benefits investigations, prior authorizations, and co-pay card management. By streamlining the workflow associated with these therapies, EBlu Solutions aims to reduce the risk of denied claims, enhance staff efficiency, and simplify training and onboarding processes for medical practices. The company operates as a joint venture between KiZan Technologies, LLC and Bluegrass Healthcare Management Group, LLC.

enosiX

Series A in 2019
Enosix, Inc. designs and develops integration solutions between front end platforms and systems applications and products (SAP) system to unlock data and surface business process. The company offers solutions, such as Enosix Connect, integrate SAP/ERP system with cloud based application; Enosix Engage; Enosix Surface, provides real time access to SAP ERP data in sales force without middleware; Enosix Sales, read, create, and modify SAP data from sales cloud; Enosix Sales CPQ, leverage SAP data for pricing and quotes in Salesforce CPQ; and Enosix Sales VC, integrate SAP variant configuration with Salesforce in real time. Enosix, Inc. was incorporated in 2014 and is based in Cincinnati, Ohio.

Catalyst OrthoScience

Series C in 2019
Catalyst OrthoScience Inc. is a medical device company based in Naples, Florida, focused on the upper extremity orthopedics market. Founded in 2014, the company is developing the Catalyst CSR total shoulder system, an innovative solution aimed at treating various shoulder conditions, including osteoarthritis, avascular necrosis, and post-traumatic arthritis. The CSR system is designed to minimize the stretching of muscles and ligaments during the implantation process, promoting a more natural recovery for patients. By emphasizing streamlined procedures and rapid recovery, Catalyst OrthoScience aims to enhance the patient experience in shoulder surgery.

enosiX

Series B in 2018
Enosix, Inc. designs and develops integration solutions between front end platforms and systems applications and products (SAP) system to unlock data and surface business process. The company offers solutions, such as Enosix Connect, integrate SAP/ERP system with cloud based application; Enosix Engage; Enosix Surface, provides real time access to SAP ERP data in sales force without middleware; Enosix Sales, read, create, and modify SAP data from sales cloud; Enosix Sales CPQ, leverage SAP data for pricing and quotes in Salesforce CPQ; and Enosix Sales VC, integrate SAP variant configuration with Salesforce in real time. Enosix, Inc. was incorporated in 2014 and is based in Cincinnati, Ohio.

Checkpoint Surgical

Series D in 2018
Checkpoint Surgical, Inc. designs and manufactures neuro devices that assist surgeons in locating, identifying, and evaluating nerves and muscle function during surgical procedures. The company's primary offerings include the CHECKPOINT 9094, a hand-held nerve stimulator and locator, and the CHECKPOINT 9394, a single-use intra-operative stimulator tailored for head and neck surgeries. Both devices are engineered to facilitate careful tissue dissection and nerve exploration, ensuring the protection of vital nerve structures. These products are applicable in various surgical fields, including head and neck, hand and extremities, orthopedic oncology, trauma, and plastic reconstruction. Checkpoint Surgical distributes its products through a network of distributors in the United States. Founded in 2009 and based in Cleveland, Ohio, the company is dedicated to advancing surgical practices and improving patient outcomes through innovative technology.

7SIGNAL

Series C in 2018
7SIGNAL is a network technology company specializing in wireless performance optimization solutions for wireless LAN applications. Founded in 2006 and headquartered in Akron, Ohio, the company offers a cloud-based platform that continuously monitors Wi-Fi networks, identifying performance issues that affect application performance. Its flagship product, Sapphire, includes several software components: Sapphire Carat, which serves as the performance assurance engine; Sapphire Sonar for measurement capabilities; a user interface for configuration and troubleshooting; and Sapphire Eye, a monitoring device for performance data collection. 7SIGNAL's solutions are designed to enhance employee productivity and operational efficiency, making them suitable for various sectors, including healthcare, education, and government agencies. The company also provides professional services such as installation, training, and ongoing support. Its products are distributed through resellers to managed service providers and enterprises, with sales offices located in key U.S. cities.

OrthAlign

Series D in 2017
OrthAlign, Inc. is a medical device company based in Aliso Viejo, California, specializing in surgical navigation products designed for orthopedic procedures, particularly in joint replacement surgeries. The company offers handheld devices such as KneeAlign for total knee arthroplasty, HipAlign for hip surgeries, and UniAlign for unicompartmental knee arthroplasty. These products utilize precise alignment technology in compact, single-use devices that are compatible with various implant systems. OrthAlign's tools provide critical data related to knee stability, angles, and cup placements, aiming to improve surgical outcomes and enhance patient recovery. The company serves orthopedic surgeons, hospitals, and patients through a global network of distributors, with a mission to establish a new standard of care in total joint replacement. Founded in 2004, OrthAlign was previously known as Vitruvian Orthopaedics, Inc. and rebranded in 2009.

7SIGNAL

Series B in 2017
7SIGNAL is a network technology company specializing in wireless performance optimization solutions for wireless LAN applications. Founded in 2006 and headquartered in Akron, Ohio, the company offers a cloud-based platform that continuously monitors Wi-Fi networks, identifying performance issues that affect application performance. Its flagship product, Sapphire, includes several software components: Sapphire Carat, which serves as the performance assurance engine; Sapphire Sonar for measurement capabilities; a user interface for configuration and troubleshooting; and Sapphire Eye, a monitoring device for performance data collection. 7SIGNAL's solutions are designed to enhance employee productivity and operational efficiency, making them suitable for various sectors, including healthcare, education, and government agencies. The company also provides professional services such as installation, training, and ongoing support. Its products are distributed through resellers to managed service providers and enterprises, with sales offices located in key U.S. cities.

RevLocal

Venture Round in 2016
By connecting businesses with a dedicated digital strategist and a powerful platform, RevLocal delivers seamless local search marketing for businesses that want to be validated by existing customers and discovered by new ones. RevLocal optimizes its approach for the ever-changing digital landscape to ensure local businesses are visible and relevant online. With the client relationship as the foundation, RevLocal makes digital marketing efficient, effective and affordable for all. RevLocal has Digital Marketing Consultants in over 40 US Cities.

Cleveland HeartLab

Venture Round in 2016
Cleveland HeartLab, Inc. is a clinical reference laboratory dedicated to the prevention of cardiovascular disease (CVD) through innovative biomarker technologies and proprietary diagnostic tests. The company specializes in the early identification of individuals at risk for CVD, emphasizing the management and reduction of inflammation. Cleveland HeartLab provides a range of clinical laboratory services, including an inflammatory panel for CVD, an advanced CVD risk profile, and lipid testing. By focusing on novel molecular biomarkers, the company aims to enhance disease management and improve patient outcomes in cardiovascular health.

7SIGNAL

Series A in 2015
7SIGNAL is a network technology company specializing in wireless performance optimization solutions for wireless LAN applications. Founded in 2006 and headquartered in Akron, Ohio, the company offers a cloud-based platform that continuously monitors Wi-Fi networks, identifying performance issues that affect application performance. Its flagship product, Sapphire, includes several software components: Sapphire Carat, which serves as the performance assurance engine; Sapphire Sonar for measurement capabilities; a user interface for configuration and troubleshooting; and Sapphire Eye, a monitoring device for performance data collection. 7SIGNAL's solutions are designed to enhance employee productivity and operational efficiency, making them suitable for various sectors, including healthcare, education, and government agencies. The company also provides professional services such as installation, training, and ongoing support. Its products are distributed through resellers to managed service providers and enterprises, with sales offices located in key U.S. cities.

Vox Mobile

Series C in 2015
Vox Mobile, Inc. provides managed mobility services for enterprises. It offers strategic consulting, technical professional, and advisory services to build and execute mobility blueprints; and Vox Choice, a mobility management software solution to automate BYOD and corporate liable programs for compliance, request management, and financial reconciliation. The company also offers support services for managed scalable logistics, device imaging, and end user activation; on demand user support services for mobile workforce; mobile security, MDM server setup, support, and monitoring services; and audit and optimization services for visibility and expense management. It serves clients in banking, healthcare, oil and gas, financial services, insurance, utilities, multi-national, and manufacturing industries in the United States and internationally. The company was founded in 2004 and is based in Independence, Ohio. It has support centers, and sales and consulting offices in North America.

OrthAlign

Series C in 2014
OrthAlign, Inc. is a medical device company based in Aliso Viejo, California, specializing in surgical navigation products designed for orthopedic procedures, particularly in joint replacement surgeries. The company offers handheld devices such as KneeAlign for total knee arthroplasty, HipAlign for hip surgeries, and UniAlign for unicompartmental knee arthroplasty. These products utilize precise alignment technology in compact, single-use devices that are compatible with various implant systems. OrthAlign's tools provide critical data related to knee stability, angles, and cup placements, aiming to improve surgical outcomes and enhance patient recovery. The company serves orthopedic surgeons, hospitals, and patients through a global network of distributors, with a mission to establish a new standard of care in total joint replacement. Founded in 2004, OrthAlign was previously known as Vitruvian Orthopaedics, Inc. and rebranded in 2009.

enosiX

Series A in 2014
Enosix, Inc. designs and develops integration solutions between front end platforms and systems applications and products (SAP) system to unlock data and surface business process. The company offers solutions, such as Enosix Connect, integrate SAP/ERP system with cloud based application; Enosix Engage; Enosix Surface, provides real time access to SAP ERP data in sales force without middleware; Enosix Sales, read, create, and modify SAP data from sales cloud; Enosix Sales CPQ, leverage SAP data for pricing and quotes in Salesforce CPQ; and Enosix Sales VC, integrate SAP variant configuration with Salesforce in real time. Enosix, Inc. was incorporated in 2014 and is based in Cincinnati, Ohio.

7SIGNAL

Series A in 2013
7SIGNAL is a network technology company specializing in wireless performance optimization solutions for wireless LAN applications. Founded in 2006 and headquartered in Akron, Ohio, the company offers a cloud-based platform that continuously monitors Wi-Fi networks, identifying performance issues that affect application performance. Its flagship product, Sapphire, includes several software components: Sapphire Carat, which serves as the performance assurance engine; Sapphire Sonar for measurement capabilities; a user interface for configuration and troubleshooting; and Sapphire Eye, a monitoring device for performance data collection. 7SIGNAL's solutions are designed to enhance employee productivity and operational efficiency, making them suitable for various sectors, including healthcare, education, and government agencies. The company also provides professional services such as installation, training, and ongoing support. Its products are distributed through resellers to managed service providers and enterprises, with sales offices located in key U.S. cities.

Cleveland HeartLab

Series B in 2012
Cleveland HeartLab, Inc. is a clinical reference laboratory dedicated to the prevention of cardiovascular disease (CVD) through innovative biomarker technologies and proprietary diagnostic tests. The company specializes in the early identification of individuals at risk for CVD, emphasizing the management and reduction of inflammation. Cleveland HeartLab provides a range of clinical laboratory services, including an inflammatory panel for CVD, an advanced CVD risk profile, and lipid testing. By focusing on novel molecular biomarkers, the company aims to enhance disease management and improve patient outcomes in cardiovascular health.
OrthoHelix Surgical Designs is a medical device company specializing in the development of implants and instruments for small bone reconstructive surgeries, particularly in the areas of foot, ankle, hand, and wrist. The company offers a range of products, including the DRLock Volar Plate and Screw System, which provides essential fixation solutions for repairing distal radius fractures and performing osteotomies. OrthoHelix aims to enhance surgical outcomes by creating reliable and user-friendly extremity fixation products. The organization prioritizes responsiveness to the needs of surgeons, focusing on delivering tools that facilitate safer and more efficient surgical procedures. Through its commitment to integrity and dedication, OrthoHelix seeks to improve patient outcomes and support healthcare professionals in their work.
OrthoHelix Surgical Designs is a medical device company specializing in the development of implants and instruments for small bone reconstructive surgeries, particularly in the areas of foot, ankle, hand, and wrist. The company offers a range of products, including the DRLock Volar Plate and Screw System, which provides essential fixation solutions for repairing distal radius fractures and performing osteotomies. OrthoHelix aims to enhance surgical outcomes by creating reliable and user-friendly extremity fixation products. The organization prioritizes responsiveness to the needs of surgeons, focusing on delivering tools that facilitate safer and more efficient surgical procedures. Through its commitment to integrity and dedication, OrthoHelix seeks to improve patient outcomes and support healthcare professionals in their work.

Hemosphere

Series A in 2010
Hemosphere developed and markets the HeRO (Hemodialysis Reliable Outflow) Graft, a proprietary graft-based solution for end-stage renal disease (ESRD) hemodialysis patients with limited access options and central venous obstruction.

OrthoHelix Surgical Designs

Venture Round in 2009
OrthoHelix Surgical Designs is a medical device company specializing in the development of implants and instruments for small bone reconstructive surgeries, particularly in the areas of foot, ankle, hand, and wrist. The company offers a range of products, including the DRLock Volar Plate and Screw System, which provides essential fixation solutions for repairing distal radius fractures and performing osteotomies. OrthoHelix aims to enhance surgical outcomes by creating reliable and user-friendly extremity fixation products. The organization prioritizes responsiveness to the needs of surgeons, focusing on delivering tools that facilitate safer and more efficient surgical procedures. Through its commitment to integrity and dedication, OrthoHelix seeks to improve patient outcomes and support healthcare professionals in their work.

Mork Process

Series A in 2008
Mork Process innovative & highly specialized supplier of customized process cleaning and sterilization solutions.
OrthoHelix Surgical Designs is a medical device company specializing in the development of implants and instruments for small bone reconstructive surgeries, particularly in the areas of foot, ankle, hand, and wrist. The company offers a range of products, including the DRLock Volar Plate and Screw System, which provides essential fixation solutions for repairing distal radius fractures and performing osteotomies. OrthoHelix aims to enhance surgical outcomes by creating reliable and user-friendly extremity fixation products. The organization prioritizes responsiveness to the needs of surgeons, focusing on delivering tools that facilitate safer and more efficient surgical procedures. Through its commitment to integrity and dedication, OrthoHelix seeks to improve patient outcomes and support healthcare professionals in their work.
OrthoHelix Surgical Designs is a medical device company specializing in the development of implants and instruments for small bone reconstructive surgeries, particularly in the areas of foot, ankle, hand, and wrist. The company offers a range of products, including the DRLock Volar Plate and Screw System, which provides essential fixation solutions for repairing distal radius fractures and performing osteotomies. OrthoHelix aims to enhance surgical outcomes by creating reliable and user-friendly extremity fixation products. The organization prioritizes responsiveness to the needs of surgeons, focusing on delivering tools that facilitate safer and more efficient surgical procedures. Through its commitment to integrity and dedication, OrthoHelix seeks to improve patient outcomes and support healthcare professionals in their work.

TGX Medical Systems

Series A in 2005
TGX Medical Systems designs, develops and markets software solutions for medical asset management and tracking. These web-based systems work with specialized hardware supplied by major integrators. They are sold to small, medium and large-sized hospitals and medical facilities. TGX Medical Systems' systems are distinguished from competition by their sophisticated interfaces, scalability and ease of modification and are extensively patented.

CardinalCommerce

Series A in 2004
CardinalCommerce Corporation specializes in payment authentication solutions on a global scale. Founded in 1999 and headquartered in Mentor, Ohio, the company is recognized as a pioneer in authenticating consumer payments online. It operates the largest interoperable authentication network, connecting various card networks, merchants, and financial institutions. CardinalCommerce's product offerings include the One Connection solution for alternative payment options, Authbridge for navigating authentication complexities, and consumer authentication to safeguard transactions while reducing chargebacks. The company also provides digital gift cards, hosted payment pages, mobile banking solutions, and mobile marketing services. Additionally, CardinalCommerce offers tokenization for fraud protection, a universal PIN debit service for secure eCommerce transactions, and a universal wallet for digital wallet and shopping cart compatibility. With strategic partnerships with major payment brands and merchant service providers, CardinalCommerce serves the eCommerce and mCommerce sectors while also delivering advisory services in customer engagement, online security, and fraud prevention. The company maintains facilities in Europe, Africa, North and South America, and distribution centers in Asia and Australia. As of early 2017, it operates as a subsidiary of Visa Inc.
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