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

Ned Hill

Managing Director

Edward Hill

Managing Director

Galen Mason JD

Managing Director

Jody Shepherd

Co-Founder and Managing Director

Douglas Spear JD

Managing Director

Past deals in Ohio

Deep Lens

Series A in 2019
Deep Lens, Inc. is a technology company based in Columbus, Ohio, focused on enhancing the field of digital pathology and cancer research. Founded in 2017, it offers a comprehensive workflow platform known as VIPER, which integrates artificial intelligence for image detection, collaboration, and cloud storage. The platform supports pathology groups by facilitating collaboration on cancer research and includes features such as workflow management, built-in APIs for third-party AI model integration, and compatibility with electronic medical records and laboratory information management systems. By leveraging AI and machine learning, Deep Lens aims to optimize patient treatment options and improve the efficiency of clinical trial enrollment in oncology, ultimately enhancing patient care and advancing research in precision therapies.

Complion

Series B in 2019
Complion Inc. is a developer of a web-based document and workflow management platform tailored for clinical research sites, academic medical centers, hospitals, health systems, and sponsors. The platform enables secure and compliant management of regulatory documents and administrative tasks, featuring tools for document tracking, patient record organization, e-signatures, and real-time compliance insights. It also supports the coordination of multi-center trials, facilitates study startup and closeout processes, and assists with safety reporting and regulatory compliance. Complion offers customer service, training, and a comprehensive online help center, along with customizable training materials. The platform enhances efficiency for administrators and research coordinators while providing essential information to auditors and quality assurance personnel. Founded in 2012 and headquartered in Cleveland, Ohio, Complion was previously known as RegBinder, Inc. before its name change in December 2013.

DAtAnchor

Seed Round in 2018
Traditional IT controls focus on locking down networks, devices, and people. All of this is done in the name of protecting data. But, once files are moved, shared, or stolen, the data is no longer protected. Even worse, these controls get in the way and frustrate business users to the point they intentionally work around them. Anchor inverts the equation by baking protection into the data, invisible to the business users (like antivirus), so that files are free to travel and security is out of the way. Simply put, wherever the data goes, it is protected. Anchor is a SaaS platform, with an endpoint component, that bakes protection into your files with a unique transparent combination of encryption, continuous multi-factor access controls, and a digital chain of custody. And when you do share or collaborate, Anchor protection stays with your data, even when it leaves your organization. Anchor empowers you to maintain control of your files while collaborating on premise or in the cloud, including forensic logging and revoking access. In under 90 minutes, Anchor is fully deployed and empowers your business users to securely work and collaborate without complicated security products or rules in the way. All without requiring you to change existing IT controls or how your users and applications work today. DAtAnchor is a result of a multi-year research activity, developed at Ohio State University. The development team currently has 6 members, 4 of which are full-time. We have seed level funding for >1M and an advisory board with members at the senior vice president level in Fortune 500 companies.

The Mom Project

Seed Round in 2018
The Mom Project is a digital platform that connects professionally accomplished women, including mothers, with companies offering flexible job opportunities. Its marketplace facilitates matches based on education, work experience, and desired flexibility, serving both job seekers and businesses. Founded in 2015, the company aims to unlock the potential of mothers in the workforce.

MentorcliQ

Funding Round in 2018
MentorcliQ, Inc. is a provider of cloud-based employee mentoring software that helps organizations establish, support, and enhance mentoring programs. Founded in 2012 and headquartered in Columbus, Ohio, the company offers a platform designed to improve employee engagement, development, and retention through customized mentoring solutions. MentorcliQ's software facilitates the recruitment, enrollment, matching, and management of mentoring participants, creating structured relationships that foster professional growth. The platform features real-time dashboards and printable reports, allowing organizations to measure the effectiveness of their mentoring initiatives. Additionally, MentorcliQ provides training, support, security, and integration services to enhance user experience and optimize program outcomes. The company serves a diverse clientele, including Fortune 500 companies and regional non-profits, both in the United States and internationally.

Losant

Series A in 2018
Founded in 2015 and headquartered in Cincinnati, Ohio, Losant is a developer platform designed to facilitate the creation of complex connected solutions. It offers robust data collection, aggregation, and visualization features to help understand and analyze vast amounts of sensor data securely.

Cribspot

Seed Round in 2016
Cribspot operates an online platform facilitating off-campus housing solutions for college students in Ann Arbor, Columbus, and East Lansing areas. Founded in 2013 and headquartered in Detroit, Michigan, the company connects students with apartment rentals via virtual tours and floorplans. Additionally, Cribspot offers comprehensive property management services for owners, including marketing, online leasing and payment processing, tenant screening, maintenance, accounting, and turnover services. The platform is accessible via a mobile application for iOS and Android devices.
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