Mutual Capital Partners

Mutual Capital Partners is a private equity firm founded in 2004, based in Ohio, that focuses on venture investments in rapidly growing technology and healthcare businesses primarily located in the Midwest. The firm was established to address the scarcity of venture capital in the region and aims to lead or co-lead investments in promising companies seeking capital. With a network of over 100 investors, Mutual Capital Partners emphasizes the importance of management and collaborates with its investors to conduct due diligence, facilitate customer introductions, and provide ongoing support to portfolio executives. Committed to fostering entrepreneurship, the firm engages with angel funds and economic development entities to assist companies throughout the capital continuum. Additionally, Mutual Capital Partners is dedicated to responding to all potential investment inquiries within five business days, ensuring timely feedback and connections for all contacting businesses.

Rick Sapio

Co-Founder

Liz Todia

Principal

Elizabeth Grace Todia

Senior Associate

Bill Trainor

Managing Director

Wayne Wallace

Managing Director

Past deals in Minneapolis

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.