Service Provider Capital

Service Provider Capital is a venture capital firm founded in 2014 and based in Golden, Colorado. The firm specializes in co-investing in Series A deals, primarily alongside institutional venture funds. It focuses on seed-stage companies across various sectors, including artificial intelligence, machine learning, blockchain, cannabis, cybersecurity, e-commerce, education technology, fintech, hardware, information technology, robotics, and healthcare. Additionally, Service Provider Capital manages funds that target specific regional markets, such as the Midwest, emphasizing investments in software and healthcare technology systems. The firm typically seeks minority stakes and engages in syndicated investments to support the growth of innovative startups.

Edward B. Hill

Managing Director

Ned Hill

Managing Director

Noah Pittard

Co-Founder

Stefan Spazek

Managing Director

Douglas Spear

Managing Director

Past deals in Cental and Eastern Europe

Transitiv

Seed Round in 2019
Transitiv, Inc. operates a multi-channel marketing platform that consolidates customer information for businesses. Founded in 2017 and headquartered in Atlanta, Georgia, the company specializes in data management, allowing clients to unify and analyze customer data in one location. Transitiv's platform enhances digital advertising campaigns by monitoring key performance metrics such as click-through rates and consumer trends. It offers services in orchestration and personalized messaging to target specific customer groups effectively. Additionally, Transitiv provides analytics and attribution solutions that assess the value and actions of each customer, enabling marketers to gain insights into campaign effectiveness. This comprehensive approach helps digital marketers adapt their strategies, optimize return on investment, and stay attuned to consumer preferences.

PadSplit

Seed Round in 2019
PadSplit is an affordable housing tech startup that provides a house-sharing service for the workforce. It offers a platform that aligns incentives among residents, property owners, and communities to make affordable housing possible for the private market. The company uses shared living to make housing more affordable for low-income, empowering them to build savings and transform their lives. Atticus LeBlanc established the company in Atlanta, Georgia in 2017.

Stord

Series A in 2019
Stord, founded in 2015 and based in Atlanta, Georgia, is a warehousing startup that offers a cloud-based software platform for managing warehousing and distribution services. The platform enables clients to oversee product flow across a network of over 500 warehouses and 15,000 carriers from a single dashboard, providing true visibility and control over their inventory. By leveraging advanced technology and data science, Stord delivers significant cost savings and improved customer satisfaction for major retailers, consumer packaged goods companies, and manufacturers. The company's mission is to facilitate the creation of fast, scalable, and technology-driven supply chains for shippers, allowing them to optimize inventory and orders efficiently without the need to develop such capabilities independently.

Sideqik

Series A in 2019
Sideqik, Inc. is a company that specializes in developing a business intelligence platform specifically designed for influencer marketing. Founded in 2011 and based in Atlanta, Georgia, Sideqik's platform assists brands in connecting with consumers by identifying suitable influencers and evaluating the return on investment (ROI) associated with their marketing efforts. As the first enterprise solution in this field, Sideqik aims to facilitate effective partnerships between brands and influencers, ultimately enhancing brand visibility and consumer engagement.

SmartPath

Series A in 2019
SmartPath, LLC is dedicated to enhancing financial wellness for individuals and families through a comprehensive range of educational programs and tools. Founded in 2010 and based in Dunwoody, Georgia, the company offers webinars, live seminars, and recorded lessons that cover a wide array of personal finance topics. These include financial strategy, wealth building, budgeting, saving, and investing, as well as specific areas like homeownership, student loans, credit management, and retirement planning. SmartPath aims to provide accessible, objective, and trustworthy financial advice, particularly in light of economic disparities and challenges faced by many individuals. By combining empathetic coaching with targeted education and user-friendly digital tools, SmartPath seeks to empower people to achieve financial stability and success.

ThingTech

Series A in 2019
ThingTech provides owners of fleets, high value equipment and assets on-demand access to where, when and how these assets are behaving as well real-time alerts so that they can make informed business decisions. Its award-winning ThingX platform enables a range of equipment, asset, fleet and field service management solutions that help organizations increase operational efficiency and reduce costs thereby increasing profitability.

MaxRewards

Pre Seed Round in 2019
MaxRewards, Inc. is a technology company based in Atlanta, Georgia, founded in 2016. It provides an application designed to help users manage their credit card accounts effectively and maximize their rewards. The MaxRewards app allows individuals to track rewards, monitor credit scores, and review all their credit cards in one centralized platform. Users can search, sort, and save deals across connected cards, ensuring they always know the best card to use for each purchase. Additionally, the application offers personalized, real-time recommendations to enhance rewards and savings on transactions, making it a comprehensive tool for credit card management.

VeriSolutions

Series A in 2018
Verisolutions, LLC provides an intelligent network of sensors, firmware, and software for restaurants. It offers VeriSense, a temperature and humidity monitoring sensor for restaurants that prevents the problems by alerting restaurant operators; VeriConnect, a network connecting device that automatically creates data hub usable in restaurants and vehicles; and VeriTrack, an indoor location sensor that connects to the network and allows asset tracking and staff analytics. The company was founded in 2015 and is headquartered in Atlanta, Georgia.

LiveSource

Venture Round in 2018
LiveSource’s cloud-based supplier collaboration suite specializes in strategic sourcing and supplier performance management, as well as the facilitation of all supplier interactions up and down the supply chain. LiveSource focuses on global manufacturers in highly regulated and complex manufacturing industries and a majority of its revenue is derived from the automotive and aerospace industries.

MoQuality

Seed Round in 2018
MoQuality, Inc. provides AI driven mobile testing solutions to help app developer teams build better quality apps and improve end-user experiences. With easier, faster and smarter testing, it enables developers to deliver apps with confidence. MoQuality's Barista is a smart test-automation tool which offers a scriptless testing experience by using AI to create user-centric test scenarios, which automate testing across real devices and mobile platforms. MoQuality is based in Atlanta and backed by Amity Ventures, Cox Enterprises, and Techstars. Learn about our solutions at www.moquality.com

Kobiton

Seed Round in 2018
Kobiton, Inc. is a company that specializes in mobile application testing, providing a platform that enhances the delivery and testing of mobile apps. Founded in 2016 and headquartered in Atlanta, Georgia, with additional offices in San Francisco and Ho Chi Minh City, Kobiton offers both manual and automated testing solutions on real iOS and Android devices, accessible via the cloud or on-premise. The platform enables developers to run scripts and identify issues in real-time, ensuring that applications function correctly across various devices. Key features include an artificial intelligence-enabled scriptless testing environment, detailed automation reports, and automatically generated activity logs. By improving mobile app quality and accelerating time-to-market, Kobiton helps businesses reduce user application abandonment and enhance overall user experience.

KyckGlobal

Series A in 2018
KyckGlobal is a cloud-based outbound payments platform that reduces cost and complication for companies paying individuals outside the standard parameters of payroll and supplier channels. Through KyckGlobal, it is easier for companies to pay and easier for recipients to accept payment in the format they prefer.

SaaSOptics

Series A in 2018
SaaSOptics is a complete B2B subscription management platform that delivers subscription invoicing and payments, GAAP revenue recognition, subscription management and robust subscription metrics and analytics.  SaaSOptics is a cloud-based solution that enables early stage to enterprise B2B subscription businesses the ability to eliminate their dependency on spreadsheets and streamline their financial operations, reporting and performance metrics.

Demand Driven Technologies

Seed Round in 2018
Demand Driven Technologies is the premier provider of next-generation materials, inventory and production control planning and execution applications for the new Demand Driven world. The company provides next-generation materials, inventory, and production control planning and execution applications for global manufacturers and wholesale distributors who need to align inventory to true market demand, compress lead times, improve service levels and increase visibility across the supply chain. The company was founded in 2017 and based in Atlanta, Georgia.

DoubleNet Pay

Seed Round in 2017
DoubleNet Pay, Inc. develops an application that automates emergency savings and cash flow management for employees. It offers DoubleNet, a financial wellness application that tracks employees' bill amounts and due dates, and schedules payments around their paycheck cycles. The company was founded in 2013 and is based in Atlanta, Georgia. As of September 28, 2018, DoubleNet Pay, Inc. operates as a subsidiary of Purchasing Power, LLC.

CAR360

Series A in 2017
Atlanta-based CAR360 is at the forefront of bringing computer vision and augmented reality to the auto industry The CAR360 platform enables interactive visualization of cars and related data and increases revenue tor businesses that currently use pictures or videos for merchandising or inspecting vehicles. CAR360 streamlines the online buying experience while simultaneously reducing operational costs, making it quick and easy to capture vehicle imagery. The company got its start after founder Bruno Francois appeared on Shark Tank in 2013 and Mark Cuban became an investor. BIP Capital led the company's A-round in 2017.

Codoxo

Seed Round in 2017
Codoxo, also known as FraudScope, is a technology company that focuses on combating healthcare fraud, waste, and abuse through its artificial intelligence-based platform. Founded in 2016 and headquartered in Atlanta, Georgia, the company aims to enhance the allocation of healthcare funds by reducing fraudulent medical billing practices, which contribute to an estimated $272 billion in losses annually in the United States. Codoxo’s software platform employs advanced data analytics to detect, score, and rank suspicious claims, significantly improving upon traditional detection methods that often overlook fraud. The company's innovative Claims Intelligence technology, developed by researchers at the Georgia Institute of Technology, is capable of identifying evolving fraud schemes in real-time without relying on pre-existing fraud patterns. By utilizing data from the Centers for Medicare and Medicaid Services, Codoxo can proactively flag high-risk claims, thereby facilitating earlier interventions and ensuring healthcare resources are directed towards legitimate patient care.

Greenlight

Seed Round in 2017
Greenlight Financial Technology, Inc. is a financial services company that offers debit card solutions designed specifically for children, enabling parents to instill financial literacy from an early age. Founded in 2014 and headquartered in Atlanta, Georgia, Greenlight provides a mobile application that allows parents to manage their children’s spending by designating specific stores where the Greenlight debit card can be used. This patent-pending technology empowers families to create teachable moments around earning, saving, spending, and giving. By focusing on convenience and safety, Greenlight aims to help parents raise financially savvy children while also expanding its network across the United States.