Sopris Capital

Sopris Capital Associates, LLC is a venture capital firm that focuses on investing in small and emerging companies across various sectors, including healthcare, technology-enabled services, information technology, and professional services. Established in 2002, the firm has offices in Aspen, Colorado, and Greenwich, Connecticut, and primarily invests in the United States and Canada. Sopris Capital typically provides preferred equity investments ranging from $1 million to $5 million per company, and it seeks board representation in its portfolio businesses. The firm's investment strategy encompasses a range of stages, including seed, early, mid, late venture, and growth stages, as well as different financial instruments such as equity, debt, and hybrid securities.

Mark Groner

Partner

Andrew Miller

CFO

Andrew Paul

Founder & Chief Executive Officer

Taylor Paul

Associate

Tommy Pine

Associate

Vickram Pradhan

Associate

Abinav Sankar

Partner

Jason Smith

Advisor

41 past transactions

Gripnr

Seed Round in 2022
Gripnr is a Web3 technology company focused on transforming the tabletop gaming industry by integrating blockchain technology. The company has developed a platform that offers classic tabletop roleplaying and storytelling games designed for on-chain play, utilizing non-fungible tokens (NFTs) for player characters. This innovative approach allows players to own, trade, and utilize digital versions of their favorite game assets, enhancing accessibility and engagement in the gaming experience. Gripnr aims to ensure that players, creators, and collectors are recognized and compensated for their contributions, promoting a more inclusive and rewarding gaming ecosystem.

ProofPilot

Series B in 2022
ProofPilot, Inc. operates a Software as a Service platform designed for users to participate in, create, and manage research studies online. Established in 2014 and based in New York, the platform facilitates the design of randomized cohort studies that incorporate various arms and activities across multiple study sites. Users can build surveys, identify tests, add interventions, and set measurement intervals, along with recruiting participants through both online and offline methods. The platform also includes features for secure data collection, participant reminders, and recruitment of additional participants. As data is collected, users can access real-time indicators and utilize statistical analysis and graphing tools for reporting. ProofPilot serves researchers in a variety of sectors, including academia, pharmaceutical, healthcare, government, and consumer goods, allowing them to evaluate diverse initiatives such as behavior changes, healthcare treatments, and new product developments.

Wellnecity

Series A in 2022
Wellnecity Group, Inc. specializes in business intelligence solutions tailored for the healthcare sector. The company provides a ProActive Benefits Management service designed for self-insured employers, enabling them to manage spending, reduce waste, and enhance decision-making regarding healthcare benefits. Wellnecity's software offers continuous access to updated data, which aids in financial control and facilitates the selection of benefit enhancement options suited to the needs of employees and existing plans. By focusing on improving both the quality of healthcare data and access to it, Wellnecity aims to drive financial savings and better health outcomes for employers and their employees. Established in 2018, the company is headquartered in Winston Salem, North Carolina, and serves a diverse range of clients, including Fortune 500 businesses.

Mindful Care

Series A in 2021
Mindful Care provides affordable and accessible mental healthcare and offers same and next-day appointments. The company was founded in 2019 by Tamir Aldad and is based in West Hempstead, New York, United States.

SymphonyCare

Venture Round in 2021
SymphonyCare provides a modern, cloud-based health data ecosystem to health provider systems and health plans seeking a cost-effective approach to optimize value-based care programs. The approach overcomes the barriers associated with multiple diverse data silos and manual reporting processes by creating a “single source of truth” with advanced analytics capabilities. Integrated applications, supplied as part of the SymphonyCare solution or by others, are then used to drive specific use cases, including patient engagement through a unified Digital Front Door, virtual care, population stratification, care management workflows, and both financial and care quality analysis.

TurningPoint

Private Equity Round in 2021
TurningPoint Healthcare Solutions, LLC, founded in 2014 and based in Lake Mary, Florida, specializes in managing high-cost surgical procedures involving implantable devices. The company offers a comprehensive suite of innovative management solutions aimed at health plans, employers, and accountable care organizations, focusing on improving patient care while significantly reducing costs. With a leadership team composed of experienced clinical and administrative executives, TurningPoint is committed to enhancing the quality and affordability of healthcare. The organization effectively manages billions of dollars in surgical procedure charges annually, demonstrating proven results in cost reduction and improved care outcomes.

Authenticx

Series A in 2021
Authenticx, Inc. is a software company focused on the healthcare industry, specializing in the analysis and activation of customer interaction data. Founded in 2018 and based in Carmel, Indiana, Authenticx offers a platform that consolidates various forms of customer interactions, such as call center data, texts, chats, and emails, into a cohesive source of information. This platform enables healthcare organizations to gain insights into their customers' needs and preferences, helping them to enhance revenue strategies and improve overall profitability. By organizing and structuring conversational data, Authenticx provides valuable insights that assist healthcare providers in making informed decisions and better meeting the needs of their customers.

Gallus Medical Detox Centers

Venture Round in 2021
Gallus Detox Centers offer customized medical detox programs for alcohol and substance use disorders utilizing our proprietary Gallus Method, which prioritizes our patients’ comfort and relief from withdrawal symptoms.

RazorMetrics

Series A in 2021
RazorMetrics provides a data driven platform that leverages machine learning technology combined with patient, physician and pharmacy engagement to lower pharmaceutical spend for self-funded employers and health plans.

Medcase

Venture Round in 2021
Operator of a healthcare network intended to provide the world with improved medical outcomes. The company's network ensures telehealth expertise, enriches medical data for the benefit of both AI customers and data holders, and provides access to the expertise and knowledge of healthcare professionals in any specialty, enabling enterprises and clinicians to connect seamlessly, improving visibility for organizations to build tools and workflows that are compliant and scalable.

TapestryHealth

Series A in 2020
TapestryCare is a multi-specialty healthcare practice that utilizes advanced technology to bring the integrity of a medical center – including direct access to a team of physicians, specialists, and behavioral health services – to the patient's bedside in skilled nursing facilities and other non-hospital environments. Tapestry's skilled specialists, physicians, nurse practitioners, and registered nurses see patients on a daily schedule, building relationships with patients and families based on familiarity and trust to ensure appropriate, effective, and efficient delivery of care regardless of the patient's location, or day and time of need.

Titanium Healthcare

Seed Round in 2019
Titanium Healthcare is a provider of analytical and revenue-based healthcare services aimed at reducing costs and improving the quality of patient care. The company focuses on supporting patients who currently lack adequate healthcare structures, seeking to minimize hospitalizations and readmissions through innovative care delivery platforms. By forming risk-sharing relationships with partners, Titanium Healthcare aims to implement significant changes in healthcare delivery, particularly through high-risk and post-discharge programs. These initiatives target various challenges, including improving quality metrics, managing unnecessary admissions, enhancing risk capture, addressing throughput issues, and ensuring effective care coordination. Through its comprehensive approach, Titanium Healthcare helps hospital systems, health plans, accountable care organizations, and employer groups achieve better health outcomes while lowering costs.

Analytical Wizards

Series A in 2019
Analytical Wizards, Inc., a data science and analytics company, provides actionable insights from data by combining predictive and prescriptive analytics, AI/ML techniques, and a cloud platform. It offers cutting edge data science and analytics, business critical solutions, flexible resource models, and cloud based scalable platform. Analytical Wizards, Inc. was founded in 2016 and is based in Somerville, New Jersey with additional offices in Edison, New Jersey; Santa Clara, California; Bengaluru, India.

Breakthrough Behavior

Venture Round in 2019
Breakthrough Behavior is founded to improve the quality and efficacy of behavior intervention services in the home, clinic and community. We offer comprehensive behavior intervention services to children and adults with developmental disabilities. Our experienced team of behavior analysts and behavior technicians specialize in providing home and community-based applied behavior analysis (ABA) services.

Tridiuum

Series B in 2018
Tridiuum, Inc. develops and operates software-as-a-service platform to support behavioral health providers, patients, and health systems across the continuum of care. It offers Tridiuum1, a cloud-based behavioral health outcomes management platform that provides results for monitoring a patient’s symptoms and progress during treatment; and helps health systems and primary care medical groups improve patient experience and outcomes. The company was founded in 1997 and is based in Philadelphia, Pennsylvania.

Signallamp Health

Series A in 2018
Signallamp Health, Inc. is a health services organization that specializes in chronic care management. Founded in 2015 and headquartered in Scranton, Pennsylvania, the company provides a comprehensive range of services designed to support individuals with chronic health conditions. These services include medication reconciliation, disease management, nutrition and wellness counseling, and various forms of patient engagement such as health coaching and care plan adherence. Signallamp Health emphasizes the importance of human interaction in managing chronic illnesses while utilizing advanced technology to support their Nurse Assistants with real-time data. The organization also offers additional services such as remote patient monitoring, depression and fall risk screenings, and support for caregivers, all aimed at enhancing personalized healthcare access for patients.

Firepoint

Series A in 2017
Firepoint is a software-as-a-service platform focused on customer relationship management for real estate professionals. It provides a comprehensive suite of tools designed to automate business processes for residential real estate agents and teams. Key features include lead generation and management, customizable agent websites with IDX integration, and dialer services that include call recording. The platform offers insightful reporting and business performance analytics, enabling users to effectively manage client relationships and streamline their operations. Created by experienced real estate agents, Firepoint aims to deliver a user-friendly solution that enhances transparency and accountability while supporting the growth of real estate teams at a competitive price.

Tallwave

Venture Round in 2017
Tallwave is a private equity firm based in Scottsdale, Arizona, focusing on venture capital investments in seed and early-stage technology companies. Established in 2009, the firm specializes in sectors such as SaaS, e-commerce, B2B software, advertising, and digital media, including niches like Healthcare IT, EdTech, AdTech, and Mobile. Tallwave primarily targets investments within the United States, particularly in regions such as Arizona, Utah, Southern California, Colorado, and New Mexico. In addition to financial backing, Tallwave offers a range of services designed to help entrepreneurs transform innovative ideas into successful businesses. These services encompass design, product development, branding, marketing, and growth strategies, all aimed at enhancing user experience and accelerating time to market.

Modus

Series A in 2016
Modus Engagement is continue evolving to meet the ever-changing needs of their global customer base. With a strong focus on sales enablement, content activation, and lead capture, their feature-rich platforms offer easy-to-use tools that require virtually no training. As a result, their technology has driven more than 300,000 sales conversations in more than 41 languages between enterprise sales professionals and their customers. The name Modus Engagement reflects what they do for their clients and who they are as a company in their broader commitment and expertise to driving the innovations needed to shape the future of sales and customer engagement through digital technology solutions. They are engaged in their work, life, and community, and they couldn’t be more excited for what the future holds.

Click Notices

Venture Round in 2016
Click Notices, Inc. is the leading Software-as-a-Service (SaaS) provider of delinquency management services to the multifamily property industry. The company’s cloud-hosted platform and expert staff offload the administrative burden of managing late rent, evictions, and other landlord-tenant disputes. Every month, ClickNotices handles thousands of late rent cases, helping property managers control delinquencies, reduce legal spend, and automate operations.

OfficeWorks

Series A in 2016
OfficeWorks, Inc. provides staffing services for the healthcare industry. It offers front office support, medical assistants/phlebotomists, medical billers/collectors/coders, admitters/registrars, business office/administration, front office/receptionists, HIM/medical recorders/EMR, claims/utilization review, and imaging professionals. The company also provides candidates for direct and contract-to-hire; vacation and sick days; seasonal peaks and rapid expansion; hard-to-fill positions; maternity, medical, or family leave; and unexpected openings and special projects. OfficeWorks, Inc. was formerly known as Healthcare Consulting, Inc. The company is based in Woodland Hills, California. As of May 26, 2011, OfficeWorks, Inc. operates as a subsidiary of Nurses In Nurses In Partnership, Inc.

HealPros

Series A in 2015
HealPros provides diabetes care to primary care practices, community clinics, assisted living facilities, corporations, and other diabetic populations with poor access to specialty care. HealPros' non-invasive retinal exam enables diabetic patient access to an ophthalmologist; the ability to monitor any advancement of retinopathy; and, the opportunity to comply with the accepted standard of care for a diabetic annual eye exam.

TreeRing

Series B in 2015
TreeRing Corporation specializes in creating personalized yearbooks for schools, enabling teachers, parents, and students to capture and share memories through photos and custom pages. Founded in 2009 and headquartered in San Mateo, California, the company leverages just-in-time digital printing and online collaboration to streamline the yearbook production process, alleviating the financial and logistical burdens often faced by schools. Additionally, TreeRing is committed to environmental sustainability, planting a tree for every yearbook printed, thus contributing to a greener future while celebrating each child's unique school experience.

Anyone Home

Series A in 2014
Anyone Home Inc. provides a prospect and resident management platform for single and multifamily operators. It offers contact center services, including leasing calls, service requests, leasing emails, and emergency dispatch; ShowPro, a customer relationship management solution that works on desktops, laptops, tablets, or phones; and MyShowing.com, a self-showing lockbox solution that allows prospective renters to tour without a leasing agent. The company was incorporated in 2013 and is based in Lake Forest, California.

MyLio

Series A in 2014
Mylio, LLC is a photo management software company based in Bellevue, Washington, founded in 2012. It offers a subscription-based service that allows users to organize and manage their digital memories, including photos, videos, and documents, across multiple devices. Mylio's platform enables users to import and sync their files seamlessly, ensuring that any changes made are reflected across all devices without the need for an internet connection. The software facilitates the sorting, tagging, arranging, editing, and sharing of media, simplifying the process of managing a lifetime of memories. By gathering digital content from various locations, Mylio aims to provide an efficient and user-friendly experience for individuals looking to preserve and access their visual media.

TurningPoint

Series A in 2014
TurningPoint Healthcare Solutions, LLC, founded in 2014 and based in Lake Mary, Florida, specializes in managing high-cost surgical procedures involving implantable devices. The company offers a comprehensive suite of innovative management solutions aimed at health plans, employers, and accountable care organizations, focusing on improving patient care while significantly reducing costs. With a leadership team composed of experienced clinical and administrative executives, TurningPoint is committed to enhancing the quality and affordability of healthcare. The organization effectively manages billions of dollars in surgical procedure charges annually, demonstrating proven results in cost reduction and improved care outcomes.

Quovant

Series A in 2014
Previously known as lbgloballaw, Quovant is the next generation in legal spend and matter management technology and services designed to optimize corporate legal, claims and risk management departments. Taking lessons from world-class software and data analytics providers, Quovant has created legal spend and matter management software that is intuitive and easy to use while delivering functional capabilities at a fraction of the price of old line providers. Realizing that every legal and claims department is different, Quovant tools are highly configurable down to individual user experience. Large and complex or small and focused, configurability allows clients to deploy legal spend and matter management optimized for their department. Think about it, legal spend and matter management software designed and deployed for your business while giving users the ability to modify that standard deployment to meet their individual needs. Look, feel and even functionality can be tailored by each user. Meeting clients and their users where they are is the hallmark of Quovant software and services. Our ability to grow with you just comes naturally.

Medical Scribe Systems

Series A in 2013
ScribeAmerica was established in 2003, while the concept of medical scribe utilization in the industry has been anecdotally reported since the 1970's, ScribeAmerica transformed this cottage operation into a national industry. In 2006, we were the first company to demonstrate that the synergy of the Scribe/MD/EMR model could overcome productivity losses experienced by unassisted physicians using EMR. In 2008, we were the first scribe company providing services on both coasts and the only scribe company present at ACEP, AAOS, and SHM. We credit our success to our generous profit-sharing business model whereby the actual Project Leaders who manage our client's programs are rewarded. By enfranchising our employee base, we ensure limited attrition among management and attract the best talent in the industry to run your program.

Lucid

Series A in 2011
Lucid Holdings, LLC specializes in developing platforms for market research, focusing on sourcing and understanding human behavior through data. The company offers Fulcrum, a global marketplace that facilitates the procurement of survey samples and integrates programmatic buying and selling for enhanced transparency. Additionally, it provides Federated Sample, a full-service solution that assists clients in conducting market research using proprietary technology. Lucid also operates an AdTech unit named Proof, which offers real-time measurement of digital media effectiveness and audience engagement. Founded in 2010 and headquartered in New Orleans, Louisiana, Lucid has expanded its presence with offices in major cities worldwide, including New Delhi, Gurgaon, London, New York, and Sydney. Lucid Holdings, LLC was previously known as Federated Sample, LLC until its name change in 2015 and is a subsidiary of Jackson Square Group, LLC.

Apollidon

Series A in 2011
Apollidon, Inc. operates as a Web-based distance education services company. It delivers scientific education by working with academic institutions and marketing their programs and courses worldwide. The company also offers feasibility research and target student identification, business plan development, integrated student recruiting, high tech, high touch marketing, program development and infrastructure design, infrastructure and graphic design, concierge registration, student support and help desk, billing, and performance evaluation and customer feedback services. Apollidon, Inc. was founded in 2008 and is based in Oldsmar, Florida.

ethology

Series A in 2010
ethology, Inc. is an integrated digital marketing agency. Its services include analytics and reporting, audience research, content strategy, digital paid media, display media, lifecycle marketing, local search, mobile experience, search engine optimization, social media, strategic planning, user experience design, Web development, and creative services. The company serves travel and hospitality, retail, ecommerce, finance, telecommunication, consumer packaged goods, insurance, entertainment, and healthcare industries. ethology, Inc. was formerly known as Tallwave Media, Inc. and changed its name to ethology, Inc. in March 2011. The company was incorporated in 2010 and is based in Scottsdale, Arizona. As of February 1, 2017, ethology, Inc. operates as a subsidiary of Tallwave, LLC.

Tallwave

Series A in 2010
Tallwave is a private equity firm based in Scottsdale, Arizona, focusing on venture capital investments in seed and early-stage technology companies. Established in 2009, the firm specializes in sectors such as SaaS, e-commerce, B2B software, advertising, and digital media, including niches like Healthcare IT, EdTech, AdTech, and Mobile. Tallwave primarily targets investments within the United States, particularly in regions such as Arizona, Utah, Southern California, Colorado, and New Mexico. In addition to financial backing, Tallwave offers a range of services designed to help entrepreneurs transform innovative ideas into successful businesses. These services encompass design, product development, branding, marketing, and growth strategies, all aimed at enhancing user experience and accelerating time to market.

SRS

Venture Round in 2010
SRSsoft is the leader in productivity-enhancing EHR technology and services for high-performance physicians—with an unparalleled successful adoption rate.

Planet Payment

Venture Round in 2009
Planet Payment delivers innovative payment processing solutions that solve many of the challenges facing today’s global electronic payments industry. They deliver their payment processing and multi-currency solutions to 71 financial services institutions around the world. Their services are currently deployed at 103,000 active merchant locations in 23 countries and territories across the Asia Pacific region, the Americas, the Middle East, Africa and Europe. At the heart of Planet Payment is our centrally-hosted transaction platform which manages the global connectivity and interaction between consumers, merchants, banks, and the payment networks. Their platform provides the flexibility to deliver solutions tailored to meet the specific needs of banks and merchants in both established and dynamic emerging markets around the world.

Healthcare Data Solutions

Venture Round in 2008
Healthcare Data Solutions, LLC, a healthcare information services company.

ikaSystems

Series A in 2007
Transforming Health Plan Customer Service

Truist

Series A in 2004
Truist is a financial services organization that offers a range of philanthropic solutions designed to help corporations and nonprofit organizations engage effectively with their donors and volunteers. The Truist Foundation aims to inspire and enhance lives and communities through various initiatives. Additionally, Truist Ventures serves as the corporate venture capital arm of Truist Financial, focusing on economic empowerment for minority and underserved communities, as well as promoting racial equity in financial services. Established in 2018, Truist Ventures integrates investments in technology companies from the legacy SunTrust brand with those from BB&T Ventures, reflecting a commitment to fostering innovation and inclusivity within the financial sector.

Valutec Card Solutions

Venture Round in 2004
Valutec Card Solutions, Inc. provides turnkey gift and loyalty card services. It provides its services to small and mid-market, as well as general and specialty retail, restaurant, spa/beauty salon, and hospitality merchants. The company processes gift card payments for merchant locations the United States. It provides gift card designs, loyalty card designs, custom cards, and pop merchandising, including hangers and carriers. The company was founded in 1998 and is headquartered in Franklin, Tennessee. As of January 17, 2007, Valutec Card Solutions, Inc. is a subsidiary of Metavante Technologies, Inc.

Sloan Lake

Venture Round in 2003
Sloan Lake is managed Care Provider.

Housecall Medical Resources

Venture Round in 2002
Housecall Medical Resources entered into an agreement and plan of merger with Adventist Health System Sunbelt Healthcare Corporation. Pursuant to the agreement, Homecare Acquisition Corp., a wholly owned subsidiary of Adventist, would merge with and into the Housecall; and Housecall would become an indirect wholly owned subsidiary of Adventist. Housecall Medical Resources, Inc. provided home health services and products, including home nursing and related care, infusion therapy, respiratory therapy, home medical equipment, and hospice care, as of March 31, 1998. It also provided management services, including clinical and marketing support, computerized billing and records retention services, staffing, and other general administrative support to home health agencies. As of July 11, 2005, Housecall Medical Resources, Inc. operates as a subsidiary of Amedisys Inc.

iCrossing

Venture Round in 2000
iCrossing is a digital marketing company headquartered in Scottsdale, Arizona, with a global presence. The firm specializes in providing tailored marketing solutions through its proprietary platform. Its services encompass both planning and development, which include customer research, market analysis, persona development, and comprehensive digital marketing strategies. iCrossing also focuses on integrated search marketing, social media strategies, mobile marketing, and performance analytics. In terms of development, the company offers expertise in search engine marketing, display advertising, email marketing, mobile solutions, and website development. By combining these services, iCrossing aims to assist brands and agencies in enhancing their digital marketing efforts.