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 Hardware

Biofire Group

Series A in 2022
Biofire Group is a company focused on revolutionizing the firearms industry with advanced safety features. Their flagship product, the Biofire Smart Gun, utilizes state-of-the-art biometric technology to create a handgun that unlocks instantly for authorized users while remaining locked for others. This innovative approach aims to enhance gun safety without compromising privacy or civil liberties. By integrating biometrics into firearm design, Biofire Group is reimagining the industry to provide secure and efficient access for legitimate users.

Biofire Group

Seed Round in 2022
Biofire Group is a company focused on revolutionizing the firearms industry with advanced safety features. Their flagship product, the Biofire Smart Gun, utilizes state-of-the-art biometric technology to create a handgun that unlocks instantly for authorized users while remaining locked for others. This innovative approach aims to enhance gun safety without compromising privacy or civil liberties. By integrating biometrics into firearm design, Biofire Group is reimagining the industry to provide secure and efficient access for legitimate users.

Pura

Seed Round in 2020
Pura is a smart home fragrance company that offers a unique diffuser system designed for customizable scent experiences. Their innovative plug-in device accommodates two fragrances simultaneously, allowing users to schedule scent releases for a tailored olfactory experience. The device is compatible with both liquid-based fragrances and essential oils, promoting eco-friendly options. Unlike traditional air fresheners that continuously emit scent, Pura's dispenser operates only when home, conserving fragrance usage. Additionally, it features remote access capabilities through WiFi or 4G, enabling users to release scents from afar, ensuring their space is inviting upon arrival.

Winston Privacy

Venture Round in 2020
Winston Privacy, Inc. is a technology company based in Chicago, Illinois, founded in 2017. It specializes in providing consumers with comprehensive online privacy and data protection solutions designed to safeguard against hacking, corporate spying, and unwarranted government surveillance. Winston's flagship product is a hardware device that utilizes proprietary anti-tracking technology, offering a simple plug-and-play installation that protects all connected devices, including computers, tablets, phones, and smart devices. The device operates in conjunction with a home router, ensuring users can enjoy a safer browsing experience while blocking ads and enhancing internet speed, making online privacy accessible for everyone.

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.

VeriSolutions

Series A in 2018
Founded in 2015, VeriSolutions develops intelligent software for the restaurant industry. Its platform includes a suite of operations software and a cold-chain solution comprising temperature sensors and management software, aiming to prevent inventory loss, enhance staff efficiency, monitor refrigeration devices, and improve overall operational oversight.

Left Hand Robotics

Seed Round in 2018
Left Hand Robotics, Inc. is a company that specializes in developing commercial-class smart robots designed for outdoor labor-intensive tasks. The firm offers the RT-1000 ROBOT, an autonomous workbot capable of performing various outdoor jobs such as mowing grass and clearing snow without human intervention. This robot can be equipped with attachments like the MOWER DECK for cutting large grassy areas and the SNOW BROOM for snow clearance. Additionally, the DEICER BOX can be added to manage slippery surfaces like sidewalks and bike paths. Incorporated in 2016 and headquartered in Longmont, Colorado, Left Hand Robotics is notable for its self-driving snow-clearing technology, which uses GPS for navigation and can be monitored remotely through an online management dashboard, allowing for efficient and effective outdoor maintenance solutions.

Rachio

Series B in 2018
Rachio is a Denver-based company that develops intelligent sprinkler controllers and related hardware and software to improve home water efficiency. Its offerings include WiFi-enabled controllers and the Iro device for remote watering and automated scheduling based on weather data, soil characteristics, sun exposure, and water budgets. The company provides cloud-based software and a mobile app that enable users to manage sprinkler systems from anywhere, helping conserve water and reduce irrigation costs.

Sense Photonics

Seed Round in 2017
Sense Photonics, Inc. is a technology company specializing in the development of light detection and ranging (LiDAR) solutions for various applications, including autonomous vehicles, drones, and industrial automation. Founded in 2016 and based in Durham, North Carolina, Sense Photonics focuses on producing advanced solid-state LiDAR sensors that utilize proprietary laser arrays and 3D depth-sensing technologies. These sensors are designed to create detailed 3D maps of a vehicle's surroundings in diverse environmental conditions, ensuring high performance and reliability without moving parts. The company's innovative approach is supported by a robust portfolio of over 200 patents, positioning it to meet the demands of the automotive sector and drive advancements in autonomous driving and robotics.

Revolar

Seed Round in 2016
Revolar Inc. is a Denver-based company specializing in personal security wearable devices. Founded in 2013, Revolar designs and manufactures technology aimed at enhancing the safety of individuals and their loved ones. The company's devices feature a unique 1-2-3 click alert system that allows users to send emergency messages, complete with GPS location information, to their emergency contacts in situations where they feel threatened or unsafe. By providing real-time status updates through both text and email, Revolar's products aim to deliver peace of mind to users and their families. The company's commitment to innovation is reflected in its use of patented technology, making it a leader in the personal safety device industry.

Rachio

Series A in 2015
Rachio is a Denver-based company that develops intelligent sprinkler controllers and related hardware and software to improve home water efficiency. Its offerings include WiFi-enabled controllers and the Iro device for remote watering and automated scheduling based on weather data, soil characteristics, sun exposure, and water budgets. The company provides cloud-based software and a mobile app that enable users to manage sprinkler systems from anywhere, helping conserve water and reduce irrigation costs.

Kindara

Seed Round in 2015
Kindara, Inc. is a company based in Boulder, Colorado, that specializes in developing a fertility awareness application for iPhone and Android devices. The Kindara Fertility Trackr application aids women in understanding their menstrual cycles, facilitating faster conception or natural pregnancy avoidance. Additionally, Kindara offers Wink, an oral fertility thermometer that tracks basal body temperature and syncs automatically with the application for enhanced tracking accuracy. Founded in 2012, the company is committed to empowering women with the knowledge and tools necessary to take control of their reproductive health and achieve their fertility objectives. Kindara operates as a subsidiary of Prima-Temp, Inc.

Owlet Baby Care

Series A in 2015
Owlet Baby Care Inc. is a company based in Lehi, Utah, founded in 2012, that specializes in the development and manufacturing of innovative monitoring solutions for infants. Its flagship product, the Owlet Smart Sock, is a proactive health monitor that tracks a baby's heart rate and oxygen levels while sleeping, sending alerts to parents if any concerning changes occur. The company also offers the Owlet Cam, which transforms smartphones into high-definition baby monitors, and the Owlet Monitor Duo, which combines the features of both the Smart Sock and the Cam. Additionally, Owlet provides the Owlet Dream Lab, an online program aimed at helping parents cultivate healthy sleep habits for their infants. By offering real-time data and insights, Owlet Baby Care aims to enhance parental confidence and peace of mind regarding their child's health and well-being.
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