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 Rental

AVVAY

Seed Round in 2018
AVVAY, Inc. operates a marketplace for short-term rentals of creative spaces in cities such as Nashville, Dallas, Portland, Chicago, and Houston. Founded in 2015 and based in Franklin, Tennessee, the company offers a web-based platform that allows users to discover and book various commercial venues, including recording studios, photography locations, and event spaces. AVVAY's platform facilitates direct bookings and provides access to location scouting teams, helping users efficiently find suitable locations for their creative projects and events. By focusing on affordability and convenience, AVVAY aims to support artists and enrich the creative community.

TurboTenant

Venture Round in 2018
TurboTenant, Inc. develops a rental property management software software for landlords and property managers. The company through its software allows landlords and property managers to market their rental properties; receive online rental applications; screen tenants for criminal history, credit report, and past evictions; share and store documents, including signed lease agreements and condition report; allows renters to sign legal documents electronically; and collect online rent payments. It allows users to post the rental property on property listing websites. The company through its software also provides rent estimate reports, flyers for the property, and state-specific legal forms. TurboTenant, Inc. was founded in 2015 and is based in Fort Collins, Colorado.

Rentable

Series A in 2016
Rentable is an internet company that specializes in providing a web-based platform that allows its users to conduct an online internet apartment search. The company was established in 2011 and is based in Madison, Wisconsin.

Cribspot

Seed Round in 2016
Cribspot, Inc. operates an online platform that facilitates the leasing and rental of student apartments and houses primarily in Ann Arbor, Columbus, and East Lansing. Founded in 2013 and headquartered in Ann Arbor, Michigan, the platform enables college students to efficiently search for off-campus housing through features like virtual tours and detailed floor plans. In addition to connecting students with rental options, Cribspot provides property management services, including marketing, tenant screening, maintenance, and accounting for property owners. The company also offers a mobile application compatible with iOS and Android devices, enhancing accessibility for users.
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