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

Edward Hill

Managing Director

Galen Mason JD

Managing Director - Midwest Fund I

Jody Shepherd

Founder / Managing Director

Past deals in Network Security

Hydden

Seed Round in 2024
Hydden is a cybersecurity company that specializes in continuous identity discovery and management. Its platform integrates with existing security tools, creating a unified data layer that provides real-time visibility into all identities, both human and non-human. Hydden automatically maps these identities to managed accounts, enforces the principle of least privilege, and proactively mitigates identity-related risks, thereby reducing the overall attack surface.

Network Perception

Seed Round in 2020
Network Perception, Inc. is a technology company specializing in network device configuration analysis software to enhance network management and security. Founded in 2013 and based in Chicago, Illinois, the company offers tools for firewall auditing and continuous monitoring, enabling corporate compliance and cybersecurity managers to visualize their network effectively. Its platform automates the analysis of network device configuration files, providing comprehensive audits and assessments that help organizations ensure their configurations align with best practices and regulatory standards. By delivering these innovative solutions, Network Perception assists businesses in managing cybersecurity vulnerabilities and maintaining compliance within their network environments.

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.

Stateless

Seed Round in 2017
Stateless is a Boulder, Colorado‑based company that develops software‑defined interconnect solutions for private and hybrid cloud environments. Its platform, including the Luxon interconnect network, delivers virtualized network functions such as routing, security, and automation across multiple endpoints, including data centers, tenant sites, and hyperscale clouds. By enabling dynamic, multi‑tenant connectivity, Stateless allows service providers to scale network services efficiently and cost‑effectively.

Eastwind Networks

Seed Round in 2016
Eastwind Networks is a SaaS company specializing in Active Breach Detection solutions. Founded by industry veterans in network security and cloud computing, the company helps businesses identify and mitigate cyber threats by continuously analyzing historical network metadata against updated threat sources. Eastwind's cloud-based tool uses machine learning, behavior analytics, threat intelligence, and malware analysis to detect malicious activity that may have bypassed other security measures, reducing response time and minimizing potential damage for small and medium-sized enterprises.
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