Service Provider Capital

Service Provider Capital is a venture capital firm founded in 2014 and based in Golden, Colorado. The firm focuses on co-investing in series A deals led by institutional venture funds, primarily targeting seed-stage companies across various sectors, including artificial intelligence, machine learning, blockchain, cybersecurity, e-commerce, education technology, fintech, hardware, information technology, robotics, and healthcare. In addition to its general investment strategy, Service Provider Capital manages the Midwest Fund I and Fund II, which concentrate on software and healthcare technology systems in the Midwest region of the United States. The firm typically prefers to take minority stakes in its investments and engages in syndication to diversify its portfolio.

Patrick Cerone

Managing Director

Edward B. Hill

Managing Director

Ned Hill

Managing Director

Lori Pickle

Managing Director

Jody Shepherd

Co-Founder and Managing Director

Past deals in Geospatial

PlanetiQ

Series B in 2019
PlanetiQ LLC, established in 2012 and headquartered in Bethesda, Maryland, is dedicated to launching satellites that enhance weather forecasting, climate monitoring, and space weather prediction. As the demand for global atmospheric data increases due to rising natural disaster costs and the impacts of climate change, traditional government-funded satellite programs struggle to meet these needs. Aging spacecraft and budget constraints contribute to significant data gaps that hinder accurate monitoring and forecasting of daily weather events, hurricanes, floods, droughts, and long-term climate trends. By addressing these challenges, PlanetiQ aims to provide timely and precise atmospheric data to improve weather and climate models, ultimately benefiting public safety and environmental management.

Map My Customers

Series A in 2019
Map My Customers, Inc. is a software company that specializes in providing a geospatial sales platform tailored for sales representatives. Founded in 2015 and headquartered in New York, with an additional office in Raleigh, North Carolina, the company offers a range of tools designed to enhance sales efficiency and productivity. Its platform includes features such as route optimization, email automation, sales funnel management, and visual territory management. Users can categorize customers, automate reminders, sync check-ins with calendars, and utilize data filtering and reporting tools, all aimed at increasing sales effectiveness. Map My Customers serves various industries, including sales, service, and supply, helping businesses streamline their operations and drive revenue growth.

Groundspeed

Series A in 2017
Groundspeed Analytics, Inc. is a company that specializes in insurance data automation and analytics software tailored for commercial insurance brokers and carriers. Founded in 2015 and based in Ann Arbor, Michigan, Groundspeed offers a platform that utilizes machine learning and artificial intelligence to streamline the processing of various insurance documents, including loss runs and policy submissions. This technology enables users to automatically request, receive, and analyze crucial claim data without manual data entry. Brokers can access vital metrics related to their clients and policies, while carriers benefit from automated analysis of competitive claim data, helping them identify trends in premium sufficiency and loss development. Groundspeed's solutions ultimately aim to enhance financial performance and improve the understanding of risk placement in the insurance industry.

Numetric

Seed Round in 2016
Numetric, Inc. develops cloud-based software for traffic safety analytics solutions for the transportation industry. The software provides data services, which include collecting data, analysis, and sharing of data. Its products include Traffic Safety Suite which provides crash query, network screening, safety analysis, and workbooks; and Design Suite, which provides asset query and project design. The company also offers services, such as implementation, training, dedicated customer manager, data preparation, data structuring, and data management services. Numetric, Inc. was formerly known as Teratek LLC. The company was founded in 2014 and is based in Draper, Utah.

Spatial.ai

Seed Round in 2016
Spatial Labs, Inc. is a software company that specializes in integrating social layers into maps through a combination of human-driven analysis and machine-assisted technology. The firm develops solutions that enhance travel booking by embedding relevant information directly into existing maps, while also providing local insights through data analysis. Spatial Labs offers Xéro, a tool that incorporates spatial data into AI assistants for in-ear and in-vehicle use, enabling users to obtain answers to their questions. Additionally, the company focuses on urban planning by revealing the human aspects of cities. Founded in 2016 and based in Cincinnati, Ohio, Spatial Labs serves various industries, including travel booking, real estate, urban planning, and mobility. The company emphasizes the importance of human experience in data interpretation, employing ethnographic research techniques to reconnect data with its origins in human interactions.

Blyncsy

Seed Round in 2016
Blyncsy, Inc. is a data solutions provider based in Salt Lake City, Utah, founded in 2014. The company specializes in deploying Blyncs sensors in various environments, including ski resorts and college campuses, to capture real-time movement data of people and connected devices. This data is processed through Blyncsy's analytics platform, which offers insights into various public infrastructure aspects, such as parking availability and public transit demand. Additionally, Blyncsy offers a contact tracing product named Mercury, designed to assist universities in managing contagion tracking. By delivering actionable insights, Blyncsy aims to enhance urban efficiency, improve traffic flow, and contribute to environmental sustainability.

GoSpotCheck

Series A in 2015
GoSpotCheck, Inc. is a Software-as-a-Service company that provides web and mobile applications designed for field-based teams to streamline surveys, audits, and reports. The platform enables businesses to utilize their employees to gather real-time retail intelligence, which is then displayed on a web dashboard for managers to identify trends and urgent issues. GoSpotCheck's solutions encompass areas such as audits and inspections, field sales performance, merchandising, marketing, food safety, quality assurance, human resources, and asset management. The company serves a wide range of industries, including consumer goods, retail, restaurants, facilities management, healthcare, and the alcoholic beverage sector. Founded in 2011, GoSpotCheck is headquartered in Denver, Colorado, and operates as a subsidiary of WorldAPP, Inc.
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