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 Michigan

Groundspeed Analytics

Series A in 2017
Groundspeed Analytics, Inc. (Groundspeed) accelerates commercial insurance performance with the power of machine learning and artificial intelligence. The Groundspeed platform automatically turns files like submissions, loss runs, exposure schedules and policy documents into actionable information, empowering users to lower costs, identify profitable pools of risk and drive top-line growth.

Cribspot

Seed Round in 2016
Cribspot, Inc. operates an online platform for leasing and rental of student apartments and houses in Ann Arbor, Columbus, and East Lansing areas. Its online platform enables college students to find off-campus housing and apartment rentals with virtual tours and floorplans. The company also offers property management and marketing, online leasing and payment, tenant screening, maintenance and repair, accounting, and turnover services for property owners. In addition, it provides a mobile application for iOS and Android devices. The company was incorporated in 2013 and is based in Detroit, Michigan.

Nutshell

Series A in 2015
Nutshell, Inc. is a company that designs and develops a modern customer relationship management (CRM) application, aimed at simplifying the management of customer interactions and sales processes for businesses. Founded in 2009 and based in Ann Arbor, Michigan, Nutshell offers features such as integration with Google applications, mobile applications for both iPhone and Android, and robust sales reporting capabilities. The platform is designed with an emphasis on user-friendly and aesthetically appealing interfaces, catering to the needs of modern businesses looking to enhance their sales strategies and customer engagement.