Service Provider Capital

Service Provider Capital is a venture capital firm established in 2014 and based in Colorado. The firm focuses on early-stage investments, notably seed-stage opportunities, and participates as a co-investor in Series A rounds led by institutional venture funds. Its portfolio interests span a broad range of technology sectors, including artificial intelligence, machine learning, blockchain, cybersecurity, e-commerce, education technology, fintech, hardware, information technology, robotics, health, and cannabis.

Patrick Cerone

Managing Director

Brian Gordon JD

Managing Director

Edward Hill

Managing Director

Galen Mason JD

Managing Director - Midwest Fund I

Jody Shepherd

Founder / Managing Director

Past deals in Florida

Tomahawk Robotics

Seed Round in 2018
Tomahawk Robotics, Inc. is a robotics company based in Melbourne, Florida, founded in 2018. The company specializes in designing and building robotic solutions tailored for various applications, including assistive technologies, security and defense, energy and infrastructure, and home automation. Its products are optimized for uncrewed systems operating in stressful and harsh environments, incorporating user-centric design and intuitive control technologies. Tomahawk Robotics develops robust control software and rugged hardware, enabling its robotic systems to work safely alongside humans and navigate unstructured environments. The company's innovations allow for effective manipulation of physical space and objects, enhancing situational awareness and operational capabilities while addressing challenging tasks in a safe and cost-effective manner.

springbig

Series A in 2018
Springbig, Inc. develops loyalty marketing, communication, and customer relationship management (CRM) software specifically for cannabis dispensaries and brands. Founded in 2012 and headquartered in Boca Raton, Florida, Springbig offers a platform that enhances customer retention and revenue while fostering brand loyalty through effective marketing campaigns. The platform enables cannabis retailers to implement loyalty programs and rewards, manage digital communications via SMS and email, and gather customer feedback. Additionally, it supports referral programs and brand advertising services, thereby facilitating stronger connections between consumers and cannabis retailers. Springbig serves clients across the United States and Canada, focusing on improving customer engagement within the cannabis industry.

Kin Insurance

Seed Round in 2017
Kin Insurance, Inc. is a digital insurance agency that specializes in homeowners insurance and related products. Founded in 2016 and headquartered in Chicago, Illinois, with an additional office in St. Petersburg, Florida, the company aims to enhance the convenience and affordability of insurance by operating directly with consumers, eliminating the need for external agents. Kin Insurance offers a variety of products, including homeowners, mobile home, condo, flood, and landlord insurance, among others. The company leverages extensive property data to ensure precise pricing and improve underwriting outcomes, providing personalized coverage options and efficient claims services through its technology-driven platform.
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