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

Edward Hill

Managing Director

Ned HIll

Managing Director - Southeast Fund I

Jody Shepherd

Founder / Managing Director - Rocky Mountain Fund

Past deals in Florida

Pendella

Seed Round in 2022
Pendella is a technology company that offers a cloud-based platform for individual life and disability insurance, aiming to make financial protection accessible to everyone, regardless of age, health, or income. Its full-stack, enterprise solution utilizes artificial intelligence and big data to automate the underwriting process, allowing consumers to purchase insurance policies online in minutes without the need for paperwork or medical exams. By partnering with top-rated insurance carriers and distributors, Pendella provides a seamless, customizable experience that enhances accessibility and affordability in the insurance market.

Tomahawk Robotics

Seed Round in 2018
Tomahawk Robotics creates safe robotic solutions optimized for uncrewed systems in stressful and harsh environments. The backbone of any useful robotic solution is predicated on user-centric design, intuitive control technologies, and the intelligent application of electromechanical technology. Tomahawk develops and delivers industry-leading robotic control software, ruggedized hardware, and innovative robotic systems. Its robotic solutions are built to safely work alongside people and work in unstructured environments. They manipulate the space and objects found in the real world, as an extension of the user, in a safe and cost-effective way.

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 is a direct-to-consumer digital insurer focusing on the homeowner's insurance market. Kin Insurance enhances homeowners insurance convenience and affordability by removing external agents. The tech platform offers a seamless user experience, personalized coverage options, and efficient claims service. Kin utilizes extensive property data for precise pricing and improved underwriting results.
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