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 North Carolina

Ekos

Series A in 2019
Ekos is a business management system designed for craft producers to easily manage their inventory, production, sales, and accounting in one place. Currently offering solutions for brewers, cider makers, winemakers, food makers, and beverage producers.

Klearly

Seed Round in 2019
Klearly Analytics, Inc. is a developer of a SaaS-based prescriptive intelligence platform tailored for B2B companies. Founded in 2017 and based in Durham, North Carolina, Klearly provides a solution that leverages data science and machine learning to enable sales and marketing teams to better understand their impact on revenue. The platform offers actionable insights by analyzing consumer behavior, tracking product sales, and assessing the effectiveness of marketing campaigns. It empowers teams to prioritize accounts, focus on strategic activities, and anticipate business outcomes, thereby enhancing their ability to innovate marketing strategies and increase return on investment. Klearly is designed to replace traditional metrics with predictive capabilities, positioning itself as a vital tool for revenue-oriented marketing efforts.

2ULaundry

Series A in 2019
2ULaundry, Inc. provides garment care services primarily in Charlotte, North Carolina. The company’s services include wash and fold, dry cleaning, launder and press, hang dry, repairs, leather cleaning, shoe shining, shoe repair, and alterations. It offers pickup and delivery right from the customer’s door or preferred pickup location. The company was founded in 2015 and is based in Charlotte, North Carolina.

Pinpoint

Venture Round in 2018
Pinpoint is a technology company founded in 2016 that specializes in enhancing software delivery through data science and engineering performance management. Its platform integrates work activity from various software delivery tools and employs proprietary artificial intelligence to evaluate impact, foresee risks, and unlock potential within engineering teams. Additionally, Pinpoint has developed innovative search technologies that improve web navigation for both wired and wireless platforms. Their private-label search solutions allow clients, including vertical portals and mobile carriers, to create customized search experiences tailored to their specific content and user interests. By establishing a SearchProfile for each client, Pinpoint's technology delivers highly relevant search results that enhance site traffic, boost user loyalty, and generate new e-commerce opportunities. The company serves notable clients such as Golf.com and the American Kennel Club, and is recognized for its contributions to next-generation search infrastructure. Based in the Research Triangle Park area of North Carolina, with an office in San Francisco, Pinpoint is privately held and backed by venture capital.

Sense Photonics

Seed Round in 2017
Sense Photonics, Inc. develops advanced light detection and ranging (LiDAR) solutions for various applications, including autonomous vehicles, drones, and industrial automation. Founded in 2016 and headquartered in Durham, North Carolina, the company specializes in producing LiDAR sensors that utilize lasers to generate 3D maps of environments in diverse conditions, such as day or night and across different weather scenarios. With a focus on reliable, modular, and configurable 3D sensing, Sense Photonics has established a strong technological foundation, backed by over 200 patents. Their solid-state sensors, which contain no moving parts, are designed to meet the stringent performance, reliability, and cost requirements essential for automotive and industrial sectors.