Service Provider Capital

Service Provider Capital is a venture capital firm established in 2014 and located in Golden, Colorado. The firm focuses on co-investing in seed and series A rounds, primarily in collaboration with institutional venture funds. It targets a diverse range of sectors, including artificial intelligence, machine learning, blockchain, cannabis, cybersecurity, e-commerce, education technology, fintech, hardware, information technology, robotics, and health. By concentrating on these industries, Service Provider Capital aims to support innovative companies at critical stages of their development.

Patrick Cerone

Managing Director

Edward Hill

Managing Director

Ned Hill

Managing Director - Southeast Fund I

Galen Mason

Managing Director - Midwest Fund I

Jody Shepherd

Founder / Managing Director - Rocky Mountain Fund

Past deals in Utah

Everee

Series A in 2020
Everee is a full-service payroll platform that allows employees to pick their pay dates. This platform has all standard features of a payroll system, plus innovative experiences to save time. It has a simple manager verification to avoid costly mistakes, automatic payroll runs, and easy file exports. It was founded in 2018 and is headquartered in Salt Lake City, Utah.

Cake Technologies

Seed Round in 2018
Cake Technologies, Inc. is a company that has developed a unique browser specifically for mobile devices. Founded in 2016 and based in Provo, Utah, Cake Technologies aims to enhance the browsing experience by allowing users to swipe through web content rather than navigating back and forth between lists of search results and individual web pages. The browser aggregates results from various categories, including images, videos, news, and shopping, and provides options for users to customize their search experience by selecting their preferred search engine and reordering favorite sites. This innovative approach seeks to compete with traditional browsers by offering a faster and more intuitive method for accessing online content.

Numetric

Seed Round in 2016
Numetric, Inc. specializes in cloud-based software solutions focused on traffic safety analytics for the transportation sector. Established in 2014 and based in Draper, Utah, the company provides a comprehensive platform that enables state and local agencies to collect, analyze, and share traffic data effectively. Its key offerings include the Traffic Safety Suite, which features tools for crash querying, network screening, and safety analysis, and the Design Suite, which assists with asset querying and project design. Numetric enhances its software with services such as implementation, training, and data management, allowing clients to streamline data preparation and improve decision-making processes. By integrating and visualizing traffic safety data, Numetric empowers agencies to make informed budgetary decisions and enhance roadway safety.

SilverVue

Series A in 2016
SilverVue, Inc. is a healthcare software company that focuses on enhancing patient care through innovative technology solutions. Founded in 2012 and based in Sandy, Utah, SilverVue offers a range of applications designed to improve transitional care for patients and facilitate better communication between healthcare providers. Its flagship products include SilverSearch, a directory application that aids patients in selecting transitional care providers, and SilverCare, a comprehensive platform that features a provider dashboard for patient monitoring and care coordination, as well as a patient application for reminders, instructions, secure messaging, and integration with wearable devices. SilverVue serves a diverse client base, including healthcare providers, payers, and patients, with the aim of reducing healthcare costs, improving outcomes, and enhancing overall patient satisfaction. The company was acquired by Mingle Analytics, Inc. in October 2018.

Blyncsy

Seed Round in 2016
Blyncsy, Inc. is a data analytics company based in Salt Lake City, Utah, that specializes in providing big data solutions through a range of products and services. Founded in 2014, Blyncsy deploys sensors in various environments, from ski resorts to college campuses, to monitor a variety of metrics, including parking availability and public transit demand. The company's analytics platform leverages machine learning and artificial intelligence to process millions of data points in real-time, offering insights that enhance infrastructure management. One of its notable products, Payver, utilizes machine vision to create digital twins of real-world infrastructure, improving data collection accuracy and extending the lifecycle of public road assets. Additionally, Blyncsy offers a contact tracing solution called Mercury, aimed at managing contagion tracking for universities. Overall, Blyncsy's innovations aim to improve safety and efficiency within traffic and transportation networks while supporting local governments and traffic authorities.

Omadi

Series A in 2015
Omadi, Inc. is a provider of cloud-based software tailored for the transportation, towing, recovery, security, and field service industries. Founded in 2013 and based in Provo, Utah, the company developed its platform to enhance operational efficiency by enabling users to track, analyze, and improve employee productivity while minimizing paperwork. Omadi's software allows businesses to manage various aspects, including dispatching, fleet tracking, client relationships, and financial processes such as billing and payroll. The platform also offers mobile management capabilities, which include custom reporting, alerts, and forms, making it adaptable to meet specific business needs. Initially created to support a private property impound company, Omadi has since expanded its functionalities and markets, becoming a comprehensive solution for various service-oriented industries.

ClientSuccess

Seed Round in 2015
ClientSuccess, Inc. is a company that specializes in customer success management software tailored for Software-as-a-Service (SaaS) businesses globally. Founded in 2014 and based in American Fork, Utah, ClientSuccess offers a comprehensive platform designed to enhance post-sales customer relationships and drive retention and growth. Key features include SuccessScore, which assesses overall customer health, and SuccessCycle, a tool that helps define and measure success throughout the customer lifecycle. The platform also includes solutions for customer engagement, subscription management, and analytics, enabling teams to track customer interactions and identify opportunities for expansion. Additionally, the Support View application integrates with existing customer support systems to ensure prompt assistance for customers, while customizable scorecards allow users to monitor strategic goals. ClientSuccess provides a holistic approach to customer management, equipping organizations with the insights and tools needed to foster a culture of success and improve customer relationships.

DirectScale

Series A in 2015
DirectScale, Inc. is a software as a service (SaaS) company that offers a comprehensive platform designed for direct sales organizations. Founded in 2013 and based in Lindon, Utah, DirectScale provides tools for managing essential functions such as sales tracking, commission management, data analysis, downline management, training, and e-commerce. The platform allows users to customize their experience without needing external development resources, reducing costs associated with custom solutions. It supports both mobile and desktop use, facilitating communication among teams and offering eCommerce capabilities to enhance sales and revenue generation. DirectScale aims to empower businesses in the multi-level marketing sector by enabling them to effectively scale their operations regardless of size or sales model.

Qzzr

Series A in 2015
Qzzr is a platform for people to seriously engage and create interactive content. It helps top brands like ESPN, LinkedIn, HubSpot, Red Bull, and Marriott to create intelligent interactive content (quizzes, polls, and lists). Their Software, Studio, and Science offerings deliver increased exposure, engagement, conversions, and insights. Last year, over 358 million people used Qzzr tools. It was named the Best New Startup in Utah, launched in 2014 (StartSLC).

Owlet Baby Care

Series A in 2015
Owlet Baby Care Inc. specializes in developing and manufacturing innovative monitoring solutions for infants, focusing on providing parents with real-time insights into their child's health. Founded in 2012 and based in Lehi, Utah, the company offers a range of products, including the Owlet Smart Sock, which tracks an infant's heart rate and oxygen levels while sleeping, alerting parents to any concerns. Additionally, the Owlet Cam allows parents to monitor their baby through their smartphones with high-definition clarity. The Owlet Monitor Duo combines the functionalities of the Smart Sock and the Cam for comprehensive monitoring. The company also provides the Owlet Dream Lab, an interactive program aimed at helping parents establish healthy sleep habits for their infants. Owlet's products are available for purchase online, ensuring accessibility for parents seeking peace of mind regarding their child's well-being.

Molio

Series A in 2015
Molio is a digital brand-building agency based in Salt Lake City, Utah, that focuses on launching brands through online video campaigns. Founded in 2014, the company specializes in creating comprehensive online video strategies, utilizing a creative media testing methodology to analyze and refine video content. Molio's recent partnership with Astro Studios, known as AM:LABS, aims to originate, co-create, and validate new brands. Through its innovative approach, Molio enables businesses to enhance their presence and drive sales in a digital landscape.

TaskEasy

Series A in 2014
TaskEasy, Inc. operates a Software-as-a-Service platform that connects property owners with contractors for various home and property maintenance services, including lawn mowing, snow removal, and pool cleaning. Founded in 2011 and based in Salt Lake City, Utah, the company simplifies the process of hiring service providers by facilitating communication, pricing, scheduling, payment, and dispute resolution. The platform is designed to streamline exterior maintenance, making it as convenient as online shopping. TaskEasy serves a diverse clientele, including homeowners, renters, property managers, and contractors across the United States. By establishing fair market prices and ensuring quality service, TaskEasy enhances the experience for both customers and service providers while eliminating traditional barriers such as advertising and bidding.
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