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

Past deals in Arizona

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.

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.

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.

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.

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.