Grayhawk Capital

Grayhawk Capital, LLC is a venture capital firm based in Scottsdale, Arizona, specializing in early-stage and growth-stage investments primarily in technology and healthcare sectors. Founded in 1999, the firm focuses on investing in companies located in the Southwestern United States, particularly in Southern California, as well as parts of Mexico. Grayhawk Capital typically invests between $1 million and $15 million, targeting companies with annual revenues exceeding $3 million and an enterprise value between $15 million and $75 million. The firm seeks to acquire minority ownership positions and prefers to invest in innovative and disruptive product offerings led by exceptional management teams. Investment areas include mobile computing, cloud/SaaS, cybersecurity, enterprise software, and healthcare IT, among others. Grayhawk Capital generally holds its investments for three to seven years, with exit strategies including sales to strategic buyers or public offerings. The partners at Grayhawk have significant experience, having managed multiple venture funds totaling over $500 million.

Leib Bolel

Partner

Brian Burns

Managing Partner

Sherman I. Chu

Managing Partner

Brian Smith

Managing Partner

40 past transactions

Claravine

Series B in 2022
Claravine enforces accurate, unified, rich tracking of campaigns and content across the enterprise. Their platform standardizes, governs, and connects data across every team, system, and channel. As a result, users will have richer insights, better experiences, and increased ROI from their marketing investments. Claravine released the first second-generation platform for Digital Experience Data Management in 2018. This platform expanded on the core data governance capability of Claravine, helping organizations better standardize, enrich, and connect marketing data across teams and channels.

REACH

Series A in 2022
REACH reinvents digital customer experience! Its next-generation customer engagement platform allows companies to conduct transactional meetings online in real time with their clients, eliminating the need for a physical encounter. In a fully digital age, companies are still burdened with face to face meetings. REACH changes that by providing an in-browser video based HTML collaboration session that provides an option to conduct a real-time session between a company agent and a customer as well as a customer self-service mode session, covering all transactional needs. The platform empowers companies to wrap up transactions - paperwork or ID verification processes - instantly and remotely, using any device. Its proprietary solution allows companies to increase closing ratios, reduce process time, Increase customer satisfaction & eliminate the need for a physical encounter. REACH is an award-winning startup which won multiple prizes in the Fin-tech domain and was recently selected by Deloitte as "1 of the 6 most notable Israeli Fin-tech companies". The company is growing rapidly with more than 100 paying customers and numerous pilots with global giants such as RBC, Mercedes Benz & Citi, on its path to make the digital age simpler for companies and their clients.

Tagboard

Series A in 2022
Tagboard is a software platform based in Redmond, WA, that specializes in aggregating social media content using hashtags. It offers solutions for brands, agencies, and marketers to display content from multiple social networks in an engaging visual format. With a focus on social curation and integration, Tagboard provides tools that enhance audience engagement and showcase branded experiences. The platform enables users to interact with and contribute to discussions within a streamlined feed. Additionally, Tagboard has developed a cloud production platform that facilitates the creation of interactive live programming for connected screens, allowing businesses to access content from major social networks and customize graphic templates for both remote and in-studio production. Since its inception in 2012, Tagboard has played a significant role in hashtag marketing, helping brands connect with their audiences in meaningful ways.

CloudApp

Series A in 2022
CloudApp is a visual sharing platform designed to enhance communication through the use of short videos, GIFs, and visuals, including annotated screenshots and images. By allowing users to record, host, and share these visual elements, CloudApp streamlines team and customer interactions, making conversations more efficient and reducing the likelihood of miscommunication. The platform aims to facilitate collaboration by providing tools that enable users to convey messages clearly and succinctly, ultimately improving the overall effectiveness of team discussions.

Medicom Technologies

Series B in 2021
Medicom Technologies, Inc. is dedicated to enhancing patient care through innovative technology solutions. Based in Raleigh, North Carolina, the company offers a range of products, including Imagex for the transfer of diagnostic images, Endpoint for image archiving, and Hex for patient record exchange. Medicom addresses critical challenges in medical image exchange, which is essential for seamless patient care, by enabling immediate access to diagnostic images and reports at all care points. This approach mitigates issues such as repeat exams, delays in treatment, and operational inefficiencies that arise from inaccessible prior images. The company's federated design allows for cost-effective and efficient movement of diagnostic data, improving care quality while reducing costs. Founded in 2015 by three NC State students, Medicom aims to bridge the gap between medicine and communications technology, ultimately helping healthcare providers, hospitals, and health systems deliver better-coordinated care.

Folloze

Series A in 2021
Folloze, Inc. is a provider of an account-based marketing sales platform designed to enhance collaboration between marketing and sales teams. The Folloze platform enables users to create account-specific experiences and run content campaigns tailored to individual prospects. It allows sales teams to auto-personalize content boards, educate prospects through interactive elements, and share adaptive content based on visitor profiles and engagement levels. The platform also offers features such as account alerts based on user interactions, performance tracking of content, and integration with tools like Google Analytics and Salesforce. Founded in 2013 and headquartered in Foster City, California, Folloze has a development center in Tel Aviv, Israel, and serves a range of clients, including Fortune 500 companies.

Claravine

Series A in 2020
Claravine enforces accurate, unified, rich tracking of campaigns and content across the enterprise. Their platform standardizes, governs, and connects data across every team, system, and channel. As a result, users will have richer insights, better experiences, and increased ROI from their marketing investments. Claravine released the first second-generation platform for Digital Experience Data Management in 2018. This platform expanded on the core data governance capability of Claravine, helping organizations better standardize, enrich, and connect marketing data across teams and channels.

SOCi

Series C in 2019
SOCI, Inc. is a social media management platform designed to help enterprises, multi-location brands, and service providers effectively manage their social media presence. Founded in 2012 and based in San Diego, California, the company offers a Software-as-a-Service (SaaS) solution that provides social media managers with essential tools for account management and customer training through a dedicated portal. SOCI's platform enables brands, national franchises, and marketing agencies to automate their marketing efforts, generate actionable insights, and create engaging content for campaigns and reputation management. By focusing on the property management sector and other multi-location enterprises, SOCI helps clients strengthen their digital presence and maintain their reputations across various social platforms.

Folloze

Series B in 2019
Folloze, Inc. is a provider of an account-based marketing sales platform designed to enhance collaboration between marketing and sales teams. The Folloze platform enables users to create account-specific experiences and run content campaigns tailored to individual prospects. It allows sales teams to auto-personalize content boards, educate prospects through interactive elements, and share adaptive content based on visitor profiles and engagement levels. The platform also offers features such as account alerts based on user interactions, performance tracking of content, and integration with tools like Google Analytics and Salesforce. Founded in 2013 and headquartered in Foster City, California, Folloze has a development center in Tel Aviv, Israel, and serves a range of clients, including Fortune 500 companies.

Blue Cedar

Series B in 2019
Blue Cedar is the leading no-code mobile app security integration platform that saves organizations significant time and money, by eliminating the need for developer resources to secure custom and third-party mobile apps.

SOCi

Series B in 2018
SOCI, Inc. is a social media management platform designed to help enterprises, multi-location brands, and service providers effectively manage their social media presence. Founded in 2012 and based in San Diego, California, the company offers a Software-as-a-Service (SaaS) solution that provides social media managers with essential tools for account management and customer training through a dedicated portal. SOCI's platform enables brands, national franchises, and marketing agencies to automate their marketing efforts, generate actionable insights, and create engaging content for campaigns and reputation management. By focusing on the property management sector and other multi-location enterprises, SOCI helps clients strengthen their digital presence and maintain their reputations across various social platforms.

Totango

Series D in 2018
Totango, Inc. develops an enterprise grade customer success platform that allows users to connect their customers’ data, monitor health changes, and engage their customers. The company offers Customer Success Centre, a solution for customer engagement; Zoe, a solution for enterprise impact; and DNA-CX, a solution for multidimensional customer context in real-time. Its solutions include voice of the customer, customer onboarding, customer adoption, customer renewal, and customer escalation. The company was founded in 2010 and is based in Redwood City, California. Totango, Inc. operates as a subsidiary of Totango Ltd.

SyncHR

Series A in 2017
SyncHR is a cloud-based Human Capital Management (HCM) technology provider focused on simplifying and streamlining HR processes for mid-sized companies. Established in 2010, SyncHR offers an integrated application that combines core HR functions, benefits management, payroll processing, and reporting into a single platform. The company's patented technology enhances productivity and economic value by automating complex HCM tasks and centralizing data, which ensures accuracy and ease of access. SyncHR prioritizes user experience with an intuitive interface and supports clients through dedicated services and rapid implementation times. By offering a comprehensive solution, SyncHR enables organizations to manage the employee lifecycle more effectively and efficiently.

SOCi

Series A in 2017
SOCI, Inc. is a social media management platform designed to help enterprises, multi-location brands, and service providers effectively manage their social media presence. Founded in 2012 and based in San Diego, California, the company offers a Software-as-a-Service (SaaS) solution that provides social media managers with essential tools for account management and customer training through a dedicated portal. SOCI's platform enables brands, national franchises, and marketing agencies to automate their marketing efforts, generate actionable insights, and create engaging content for campaigns and reputation management. By focusing on the property management sector and other multi-location enterprises, SOCI helps clients strengthen their digital presence and maintain their reputations across various social platforms.

Apptentive

Series A in 2017
Apptentive, Inc. develops a mobile customer engagement software/customer feedback and analytics platform that helps companies to listen to, engage with, and retain their customers. Its software gives brands a way to identify who to talk to, engage user segments, and mobilize customers to take action through in-app messages, surveys, ratings prompts, notes, and analytics. The company was founded in 2011 and is based in Seattle, Washington.

Lucid

Series B in 2016
Lucid Software Inc. develops cloud-based tools to build visual content on the Web. It offers Lucidchart, a diagramming application used to create visual communications; and Lucidpress, a publishing tool used to create print and digital content. The company also supports various communication needs ranging from brainstorming to project management. Lucid Software Inc. was founded in 2010 and is based in South Jordan, Utah. It has additional offices in Melbourne, Australia; and Amsterdam, the Netherlands.

Blue Cedar

Series A in 2016
Blue Cedar is the leading no-code mobile app security integration platform that saves organizations significant time and money, by eliminating the need for developer resources to secure custom and third-party mobile apps.

eVisit

Grant in 2016
eVisit, Inc. develops a telemedicine patient engagement platform that allows healthcare providers to connect with their patients for checking in post-operation or medical condition diagnosing aspects. The company’s web application connects primary care providers with their patients by webcam or phone for the remote diagnosis and treatment of most minor medical conditions, such as cold, flu, and allergies. The eVisit platform allows providers to collect patient co-pays, electronically prescribe prescriptions to the pharmacy of the patients’ choice, and submit medical charts for reimbursement to third party payers. The company was founded in 2013 and is based in Mesa, Arizona.

SyncHR

Series A in 2015
SyncHR is a cloud-based Human Capital Management (HCM) technology provider focused on simplifying and streamlining HR processes for mid-sized companies. Established in 2010, SyncHR offers an integrated application that combines core HR functions, benefits management, payroll processing, and reporting into a single platform. The company's patented technology enhances productivity and economic value by automating complex HCM tasks and centralizing data, which ensures accuracy and ease of access. SyncHR prioritizes user experience with an intuitive interface and supports clients through dedicated services and rapid implementation times. By offering a comprehensive solution, SyncHR enables organizations to manage the employee lifecycle more effectively and efficiently.

Alianza

Series C in 2015
Alianza is a Cloud Voice Platform that radically transforms communications delivery for broadband providers. It is a web-scale, turnkey virtualized software solution that enables cable, mobile, telco, and other broadband providers to rapidly customize, launch, and profit from VoIP and UC services. The power of Alianza’s cloud delivers a lower total cost of ownership and a clear business case for VoIP with a zero-CAPEX, success-based SaaS model. This new way to deliver voice service untangles service providers from the restraints of old-school voice networks and accelerates innovation and growth. Alianza's customers include Blue Ridge Communications, WEHCO Media, ViaSat, Vyve Broadband, and Xplornet. The company was founded in 2009 and is based in Lindon, Utah.

StackIQ

Series B in 2014
StackIQ develops a multi-server management system for clusters and clouds. Its software suite automates the deployment, provisioning, and management of Big Infrastructure. It allows customers to integrate nearly any application with the StackIQ software stack. StackIQ was founded by Greg Bruno, Mason Katz, and Tim McIntire in October 2006.

Lucid

Series A in 2014
Lucid Software Inc. develops cloud-based tools to build visual content on the Web. It offers Lucidchart, a diagramming application used to create visual communications; and Lucidpress, a publishing tool used to create print and digital content. The company also supports various communication needs ranging from brainstorming to project management. Lucid Software Inc. was founded in 2010 and is based in South Jordan, Utah. It has additional offices in Melbourne, Australia; and Amsterdam, the Netherlands.

Health Outcomes Sciences

Series A in 2014
Health Outcomes Sciences is dedicated to providing innovative IT solutions that improve the quality of healthcare delivery. We focus on translating the latest advances in clinical research into decision-support products and services for physicians and their patients, healthcare organizations, and other medical software developers. Their solutions empower users to see complex relationships between clinical variables—such as comorbidities, sociodemographic attributes, biochemical markers, and genomic determinants—and patient outcomes. Better understanding of these relationships allows patient care to be individualized in ways that previously could only be imagined. Their interdisciplinary team of physicians, outcomes researchers, and information technology experts pay special attention to creating user interfaces that are both intuitive and responsive and that readily integrate into the workflow of the researchers who develop risk models and the clinicians who use them.

Alianza

Series B in 2013
Alianza is a Cloud Voice Platform that radically transforms communications delivery for broadband providers. It is a web-scale, turnkey virtualized software solution that enables cable, mobile, telco, and other broadband providers to rapidly customize, launch, and profit from VoIP and UC services. The power of Alianza’s cloud delivers a lower total cost of ownership and a clear business case for VoIP with a zero-CAPEX, success-based SaaS model. This new way to deliver voice service untangles service providers from the restraints of old-school voice networks and accelerates innovation and growth. Alianza's customers include Blue Ridge Communications, WEHCO Media, ViaSat, Vyve Broadband, and Xplornet. The company was founded in 2009 and is based in Lindon, Utah.

Ryver

Series A in 2013
The way we work has changed dramatically over the last 20 years. Email hasn’t. Today, the average worker spends over 25% of their workweek in a bloated inbox trying to force email to do things it was never meant to do: task management, contact management and group collaboration. Ryver collaborative email is the only email built for the way we work today, bringing group collaboration, contact management and task management right into your inbox. The result is less email, fewer meetings and more collaboration. From Pat Sullivan, co-creator of ACT!, and founder of SalesLogix.

Pillir

Series A in 2013
Pillir offers an application development platform that enables non-programmers to build mobile and web applications. Pillir drives business productivity with pre-built, pre-integrated, ready-to-use Freedom Apps and the Freedom Platform, which empowers enterprises to build, deploy, manage, and run mobile apps in a simple user-based subscription model. It was founded in 2013 and headquartered in Chandler, Arizona.

MX Logic

Series G in 2008
MX Logic, Inc. provides managed email and Web security services in the United States and internationally. It offers Email Defense Solutions that protect against email-borne threats and help businesses to meet compliance regulations via email storage, retrieval, and surveillance. The company also provides Message Archiving for businesses to monitor, store, and retrieve company email messages to comply with electronic security regulations; and Web Defense Service that blocks Web threats, including spyware, viruses, and phishing attacks. It serves public companies, as well as companies in healthcare, financial services, and law and insurance markets. The company was founded in 2002 and is headquartered in Englewood, Colorado.

MX Logic

Series G in 2007
MX Logic, Inc. provides managed email and Web security services in the United States and internationally. It offers Email Defense Solutions that protect against email-borne threats and help businesses to meet compliance regulations via email storage, retrieval, and surveillance. The company also provides Message Archiving for businesses to monitor, store, and retrieve company email messages to comply with electronic security regulations; and Web Defense Service that blocks Web threats, including spyware, viruses, and phishing attacks. It serves public companies, as well as companies in healthcare, financial services, and law and insurance markets. The company was founded in 2002 and is headquartered in Englewood, Colorado.

AccountNow

Series C in 2007
AccountNow is a financial services company that specializes in providing prepaid card solutions for approximately 40 million consumers in the United States who lack traditional banking relationships or established credit. By offering alternatives to conventional checking accounts, AccountNow enables these individuals to access essential financial and payment systems. The company's offerings include Visa prepaid cards and various bill payment services, all designed to help consumers manage their finances more effectively. AccountNow's prepaid cards are issued by The Bancorp Bank or MetaBank, allowing them to be used wherever Visa or MasterCard is accepted. This positions AccountNow as a valuable resource for those seeking financial services outside of traditional banking.

Innovasic, Inc.

Series C in 2007
Innovasic Semiconductor, Inc. designs and develops integrated circuits. It offers extended-life processors, industrial Ethernet modules, reference designs, peripherals, and mixed-signal devices for embedded communication and control applications. The company also provides module evaluation kits, embedded control modules, real-time Ethernet modules, and development kits. It serves industrial, automotive, medical, and defense industries. The company provides its products through distributors in Hawthorne, California; Mainaschaff, Germany; Pointe Claire, Canada; and Phoenix, Arizona. Innovasic Semiconductor, Inc. was founded in 1991 and is headquartered in Albuquerque, New Mexico.
Environmental Support Solutions, Inc. provides environmental, health, and safety, and crisis management sustainability software for governance, risk, and compliance. Its solutions include corporate responsibility, crisis management, environmental compliance, GHG/carbon management, and health and safety. The company was founded in 1993 and is headquartered in Tempe, Arizona. It has additional offices in Denver, Colorado; Washington, District of Columbia; Beijing, China; and Calgary, Canada. The company has operations in London, England. As of September 17, 2009, Environmental Support Solutions, Inc. operates as a subsidiary of IHS Inc.

MX Logic

Series E in 2006
MX Logic, Inc. provides managed email and Web security services in the United States and internationally. It offers Email Defense Solutions that protect against email-borne threats and help businesses to meet compliance regulations via email storage, retrieval, and surveillance. The company also provides Message Archiving for businesses to monitor, store, and retrieve company email messages to comply with electronic security regulations; and Web Defense Service that blocks Web threats, including spyware, viruses, and phishing attacks. It serves public companies, as well as companies in healthcare, financial services, and law and insurance markets. The company was founded in 2002 and is headquartered in Englewood, Colorado.

NetRegulus

Series B in 2005
NetRegulus is a global technology company that provides its users with IoT and AR platforms and enterprise applications. Its enterprise applications serve manufacturers and other businesses that create, connect, operate, analyze, and service products. NetRegulus was founded in 1982 and is based in Oak Brook, Illinois.

Carefx

Series B in 2005
Carefx's main solution "Fusionfx" helps close information gaps between hospital/IDN CIO and CMIO and healthcare IT departments. Fusionfx is able to help "synthesize disparate data into clinically relevant, user-centric workflows." The solution aims to connect the data points and make it comprehensive/understandable fo patients, payers, clinicians, and the compliance agencies who seek such information.

Carefx

Series B in 2005
Carefx's main solution "Fusionfx" helps close information gaps between hospital/IDN CIO and CMIO and healthcare IT departments. Fusionfx is able to help "synthesize disparate data into clinically relevant, user-centric workflows." The solution aims to connect the data points and make it comprehensive/understandable fo patients, payers, clinicians, and the compliance agencies who seek such information.

IBSN

Series A in 2004
IBSN focuses on enabling the financial services industry to quickly and cost-effectively integrate internal applications.

MX Logic

Series D in 2004
MX Logic, Inc. provides managed email and Web security services in the United States and internationally. It offers Email Defense Solutions that protect against email-borne threats and help businesses to meet compliance regulations via email storage, retrieval, and surveillance. The company also provides Message Archiving for businesses to monitor, store, and retrieve company email messages to comply with electronic security regulations; and Web Defense Service that blocks Web threats, including spyware, viruses, and phishing attacks. It serves public companies, as well as companies in healthcare, financial services, and law and insurance markets. The company was founded in 2002 and is headquartered in Englewood, Colorado.

AccountNow

Series A in 2004
AccountNow is a financial services company that specializes in providing prepaid card solutions for approximately 40 million consumers in the United States who lack traditional banking relationships or established credit. By offering alternatives to conventional checking accounts, AccountNow enables these individuals to access essential financial and payment systems. The company's offerings include Visa prepaid cards and various bill payment services, all designed to help consumers manage their finances more effectively. AccountNow's prepaid cards are issued by The Bancorp Bank or MetaBank, allowing them to be used wherever Visa or MasterCard is accepted. This positions AccountNow as a valuable resource for those seeking financial services outside of traditional banking.

Emergent Respiratory

Venture Round in 2003
Emergent Respiratory, LLC is engaged in the development, manufacture, and marketing of proprietary medical devices designed for non-invasive ventilation therapy. Based in Carlsbad, California, the company offers advanced oxygen delivery systems that aid individuals suffering from various respiratory conditions, including congestive heart failure and acute respiratory distress. Their product line features a positive pressure ventilation platform, which includes pressure-balanced patient valves, single-use breathing circuits, and specialized masks aimed at providing early intervention for dyspnea. Emergent Respiratory's devices are utilized across diverse care settings, such as emergency medical services, hospitals, and alternative care environments. Established in 2000, the company functions as a subsidiary of Next Life Medical Inc. since 2016.

Carefx

Series A in 2003
Carefx's main solution "Fusionfx" helps close information gaps between hospital/IDN CIO and CMIO and healthcare IT departments. Fusionfx is able to help "synthesize disparate data into clinically relevant, user-centric workflows." The solution aims to connect the data points and make it comprehensive/understandable fo patients, payers, clinicians, and the compliance agencies who seek such information.