Service Provider Capital

Service Provider Capital is a venture capital firm established in 2014 and located in Golden, Colorado. The firm focuses on co-investing in seed and series A rounds, primarily in collaboration with institutional venture funds. It targets a diverse range of sectors, including artificial intelligence, machine learning, blockchain, cannabis, cybersecurity, e-commerce, education technology, fintech, hardware, information technology, robotics, and health. By concentrating on these industries, Service Provider Capital aims to support innovative companies at critical stages of their development.

Patrick Cerone

Managing Director

Ned Hill

Managing Director

Edward Hill

Managing Director

Galen Mason

Managing Director

Jody Shepherd

Co-Founder and Managing Director

Douglas Spear

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.

Borrowed & Blue

Series A in 2016
Borrowed & Blue, Inc. is a wedding planning company founded in 2011 and based in Charlottesville, Virginia. The company offers an online platform that assists couples in imagining, planning, and booking their weddings. Users can explore a wide array of resources, including collections of real weddings, to help them plan their special day. Borrowed & Blue connects couples with various wedding vendors, including photographers, florists, caterers, and bridal shops, allowing for a comprehensive planning experience. The platform has gained popularity for destination weddings in locations such as Hawaii, Tampa Bay, and New Orleans, and caters to diverse wedding styles ranging from traditional to outdoor ceremonies. In addition to its website, Borrowed & Blue offers an iOS mobile application to facilitate wedding planning on the go. In January 2018, Borrowed & Blue was acquired by Zola, Inc.
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