Fundraising Fox

CID Capital

Private equity

Carmel · Seed–Late Stage · 17 people tracked

Also known as CID CAPITAL II, INC.

Find your way into CID Capital

1,584 people in our graph share verified history with the CID Capital team — schools, employers, funds. One of them is your warm intro.

Linn Hege Auneunlockedknows Dawn Yeo · together at Ey (overlapped)
knows the team · via National University of Singapore
×4knows the team · via Ey
knows the team · via Raffles Institution
×2knows the team · via The University of Chicago Booth School of Business
knows the team · via Nanyang Technological University Singapore
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Investment thesis

CID Capital specializes in lower-middle-market buyout transactions, taking majority control positions in industrial products, services, and distribution companies across the United States and Canada. The firm emphasizes a hands-on, operational value-creation approach, partnering closely with founders and management teams and leveraging its executive network and operational resources. It targets companies with roughly $10M+ in revenue and $3M+ in EBITDA for platform investments, with no size limits for add-on acquisitions. CID prioritizes well-structured, conservative capital structures and building durable long-term relationships to drive success.

Source: firm website, verified Sep 15, 2026.

Stage
Seed–Late Stage
Check
$10M
HQ
Carmel, Indiana, US
Leads rounds
Leads
Instruments
Equity
Founded
1981
AUM
$515.8M
Tracked investments
42

Team · 17 people

from the firm's website & curated & public directories
Scot E. Swenberg· Executive Officer

What they invest in

from 27 of 42 portfolio companies

Consumer ×11Advanced Manufacturing ×9Construction Tech ×8E-commerce ×8Hardware ×8Retail Tech ×7Direct to Consumer ×6Cleantech ×3

HQs:United States×21

Investments · 42 tracked

founders shown can be your intro path
Lifetime Brandslifetimebrands.cominNASDAQ: LCUT

Lifetime Brands designs, develops, and markets branded consumer products for the home, spanning kitchenware, tableware, and related housewares across more than 30 brands.

ConsumerRetail Tech

SPS Commercespscommerce.comin𝕏NASDAQ: SPSC

SPS Commerce is a supply chain and retail network software company that enables retailers, suppliers, and logistics partners to manage inventory, orders, and supply chain operations.

AI & Machine LearningE-commerceLogistics & Supply ChainSaaSMinneapolis, US

Chad Collins(Chief Executive Officer)inJim Frome(Executive Officer)inKim Nelson(Executive Officer)inDan Juckniess(Executive Officer)inJamie Thingelstad(Executive Vice President & Chief Technology Officer)inArchie C. Black(Executive Officer, Director)in

Co-investorsPartinc CapitalBVCFSplit Rock Partners

ABC Industriesabc-industries.netin𝕏

ABC Industries manufactures industrial ventilation products and industrial textile fabrics, serving mining, tunneling, industrial, and manufacturing markets, including military applications.

Advanced ManufacturingHardwareNew MaterialsWinona Lake, US

Daniel B. Mikesell Sr.(Founder)Dave Stewart(President)inTim Werth(Chief Financial Officer)inHeather Shelton(Chief Global Sales Officer)in

Classic Accessoriesclassicaccessories.comin

Classic Accessories manufactures weatherproof outdoor furniture and equipment covers, including the Veranda collection designed to protect grills and patio furniture from water damage and UV exposure.

ConsumerDirect to ConsumerE-commerceHardwareSeattle, US

Jacob Engelsteinin

Club Colorsclubcolors.comin

Club Colors provides branded merchandise and promotional products through a dedicated Brand Advisor model, combining strategy, creative design, in-house production, and fulfillment services for organizations seeking to strengthen their brand presence.

ConsumerE-commerceMarketing TechSaaS

Etruscan Roofingetruscanroofing.com

Etruscan Gutters and Roofing is a family-owned residential roofing and gutter contracting company based in Highland Park, Illinois, offering repair, installation, and replacement services.

Construction TechHighland Park, US

EVRIHOLDERevriholder.comin

Evri Holder is an e-commerce retailer offering cleaning and household products including brushes, sponges, dusters, and organizational tools for home use.

ConsumerE-commerceSports TechWellness & Fitness

Co-investorsKainos

Extra Mile Brandsextramilebrands.com𝕏

Corvette America manufactures automotive interior components, parts, and accessories for classic and muscle car enthusiasts, with products made at its Pennsylvania facility for vehicles including Corvettes, Camaros, Mustangs, and Challengers.

Advanced ManufacturingB2B MarketplacesConsumerE-commerceRetail TechReedsville, US

Dan LeKander

Fit Freshfit-fresh.com

Fit + Fresh designs insulated bags and accessories for women managing busy daily schedules, combining functional organization with fashion-forward design.

ConsumerDirect to ConsumerWellness & FitnessProvidence, US

Georgia Metalsgeorgiametals.comin𝕏

Georgia Metals manufactures and sells metal roofing products and steel buildings to residential and commercial customers across nine states.

Advanced ManufacturingConstruction TechNew MaterialsDanielsville, US

Gt Silex Exhaustgt-silex-exhaust.comin

GT Silex manufactures industrial exhaust silencers, aftertreatment systems, and emissions control solutions for power generation, compression, and other industrial applications.

Advanced ManufacturingCleantechEnergyHardware

Hittle Landscapinghittlelandscape.comin

Hittle Landscaping provides design, installation, and maintenance services for residential outdoor spaces in Indianapolis, helping homeowners create landscaped environments that complement their homes.

Construction TechIndianapolis, US

Kindwaterkindwater.com𝕏

Kind Water Systems manufactures UV water purification systems for residential homes, using ultraviolet light to eliminate bacteria, viruses, and pathogens from drinking water.

CleantechConsumerDirect to ConsumerHardware

Lettermen's Energylettermensenergy.comin

Lettermen's Energy is a platform and consolidator for propane retailers and distributors, helping independent propane businesses optimize operations and achieve growth through acquisition and strategic partnership.

EnergyCarmel, US

Steve Wambold(CEO)Randy Schott(Executive Officer)inBill Ruisinger(Executive Officer)in

BoardBrian Kerr(Director)Ken Atchley(Director)Eric Bruun(Manager)in

Lumisourcelumisource.com

LumiSource is a furniture retailer offering a range of home and commercial furnishings including lighting, seating, tables, and office furniture.

Advanced ManufacturingConsumerDirect to ConsumerE-commerceHardwareRetail TechElk Grove, US

Matildajaneclothingmatildajaneclothing.comin

Matilda Jane Clothing is a direct-to-consumer children's apparel brand offering whimsically designed dresses, tunics, leggings, and accessories for young girls.

ConsumerDirect to ConsumerE-commerceRetail Tech

Mwremediationmwremediation.comin𝕏

Midwest Remediation is a family-owned restoration services company offering water damage, fire damage, mold remediation, and trauma cleanup services for residential and commercial properties in Indianapolis and Central Indiana.

CleantechConstruction TechIndianapolis, US

Dave(Founder)

Parksupplycompanyparksupplycompany.com

Park Wiseway Supply Group is a regional electrical and plumbing wholesale distributor serving contractors, builders, industrial, and retail customers.

Advanced ManufacturingConstruction TechConsumerRetail TechHuntsville, US

Pdqlockspdqlocks.comin

PDQ manufactures door locks, exit devices, and door closers for hotels, including Grade 1 mortise and cylindrical mechanical locks, electrified options, and mobile-key systems through OEM/ODM technology partners.

Advanced ManufacturingConstruction TechHardwareIoTLancaster, US

Roebuckroebuckwholesalenursery.comin

Roebuck Landscaping provides commercial landscape construction and maintenance services, including irrigation, landscape installation, hardscaping, and design for commercial clients such as hospitals, college campuses, industrial facilities, and multi-family properties.

Construction Tech

Josh(President & COO)Paul(VP of Sales and Marketing)

Co-investorsUnilever Ventures

Salon Grafixsalongrafix.com

Salon Grafix makes hair spray products, offering various hold levels for consumer hair care.

ConsumerDirect to Consumer

Seagaseaga.com

Seaga manufactures industrial vending machines for snacks, beverages, personal protective equipment, and retail applications, with smart technology and software solutions for machine operators and facility managers worldwide.

Advanced ManufacturingEnterprise SoftwareHardwareIoTRetail TechFreeport, US

ShareFilesharefile.comin𝕏

ShareFile provides secure file sharing, document collection, e-signature capabilities, and automated workflow management for teams collaborating with clients, partners, and vendors.

Enterprise SoftwareSaaS

Co-investorsAstellaBlack Diamond VenturesBrightstone Venture CapitalConcord Health PartnersH Venture PartnersRiverVest Venture Partners+1 more

Strahman Valvesstrahmanvalves.comin

Strahman Group manufactures sanitary washdown equipment, industrial process valves, and automated valve systems for food and beverage, pharmaceutical, oil and gas, and chemical processing industries.

Advanced ManufacturingEnterprise SoftwareFoodTechHardwareBethlehem, US

Teamdriveawayteamdriveaway.comin𝕏

Team DriveAway transports and delivers commercial trucks and vehicles across the US and between the US and Canada, using a network of independent drivers.

Logistics & Supply ChainMobility & Transportation

Westonewestone.com

Healthtech

Wisewaysupplywisewaysupply.comin

Wiseway Supply is a family-owned distributor of electrical, plumbing, and lighting products, offering jobsite delivery, showroom sales, and online ordering to contractors and businesses.

Construction TechE-commerceRetail TechFlorence, US

Bob Benderin

Other

Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.

BigMouthEtruscan Gutters & RoofingGiftcraftGT ExhaustLumiSource + Grandview GalleryMidwest RemediationMWRPark SupplyPDQ IndustriesProSourceProsourcesupplyRiteintherainSEAGA ManufacturingWestone LabratoriesWiseway

Exits · 2

IPOs and acquisitions across the tracked portfolio

Lifetime BrandsNASDAQ: LCUTSPS CommerceNASDAQ: SPSC

Portfolio news

latest coverage across their companies

IPO stake values · per SEC filings

Value of this firm's stake in each portfolio company at its IPO price, from the prospectus principal-stockholder table.

CompanyOwnedIPO priceAt IPOStake value
SPS Commerce1.6%$12.25Dec 2010$2.3M

Source: SEC S-1 / 424B prospectus filings. Stake value = shares beneficially owned × the initial public offering price, as disclosed — a market value at IPO, not a return multiple (the firm's original cost is not disclosed).

Frequently asked questions

How many investments has CID Capital made?
CID Capital has 41 tracked investments.
What stage does CID Capital invest at?
CID Capital invests at the Seed, Growth, Late Stage stages.
What is CID Capital's typical check size?
CID Capital typically writes checks of $10M.
What sectors does CID Capital focus on?
CID Capital focuses on Advanced Manufacturing, Logistics & Supply Chain, Sector Agnostic.
Where is CID Capital located?
CID Capital is headquartered in Carmel, US.
Does CID Capital lead rounds?
Yes, CID Capital leads investment rounds.
Who does CID Capital co-invest with?
CID Capital most often shares deals with Astella, Brightstone Venture Capital, H Venture Partners, among 9 tracked co-investors.

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