What stage does Grayhawk Capital invest at?

Grayhawk Capital invests at the Series A, Series B, Growth, Late Stage stages.

Where is Grayhawk Capital located?

Grayhawk Capital is headquartered in Scottsdale, US.

Does Grayhawk Capital lead rounds?

Yes, Grayhawk Capital leads investment rounds.

Grayhawk Capital

Growth equity

Scottsdale · Series A–Late Stage · 10 people tracked

Also known as GRAYHAWK CAPITAL, LLC

★ Follow + Add to CRM ⤳ Find an introduction

✨ Fox Verdict

Investment thesis

Grayhawk Capital focuses on B2B disruptive SaaS solutions across a variety of verticals, with recurring interest in customer-centric software, healthcare IT, cybersecurity, fintech, and business productivity and communications. The firm targets early-growth stage companies with $2M–$6M in ARR, capital-efficient business models, and a global addressable market of $1B or more. It emphasizes backing strong management teams, seeking ambitious, coachable founders who serve as leaders. Grayhawk provides experience, resources, and capital to fuel growth in exceptional teams.

Invests inCloud Computing Cybersecurity Enterprise Software Fintech Healthtech SaaS Scottsdale United States

Source: firm website, verified Aug 3, 2026.

Stage

Series A–Late Stage

Scottsdale, Arizona, US

Leads rounds

Leads

Instruments

Equity

Founded

2000

AUM

$200M

VC funds

Tracked investments

Team · 10 people

from the firm's website & public directories

Brian S. Smith· Managing Partner· Mesa, Arizona, United Statesin

Brian S. Smith is a Managing Director at Grayhawk Capital, where he invests in early-stage information technology companies. He also serves on the Board of Directors at FindMine.

Sherman Chu· Managing Partner· Phoenix, Arizona, United Statesin

Sherman Chu is founder and managing partner of Grayhawk Capital, a venture capital firm investing an $80 million fund in early and growth stage companies in the southwest U.S. The firm's partners bring more than 60 years of collective experience across eight venture funds totaling over $500 million, with a focus on serial entrepreneurs, rapidly growing technology markets, and innovative products across sectors including mobile computing, cloud/SaaS, security, enterprise software, and healthcare IT. Chu serves on the board of directors at Case Status.

Kyle DeLashmutt· Principal· Scottsdale, Arizona, United Statesin

Bart Faber· Advisory Board· Paradise Valley, Arizona, United Statesin

Bennett Dorrance· Advisory Board

Judi Martschenko· Executive Assistant· United Statesin

Judi Martschenko is a Project Assistant at ASU Learning Transformation Studios with six years of experience in digital design and content development. She specializes in graphic design, content creation, and project management, with particular expertise in learning management systems and instructional design. Her work focuses on translating complex information into learning experiences for diverse audiences.

Michael J. Endres· Advisory Board

Scott Knollenberg· Advisory Board· Longmont, Colorado, United Statesin

Suzy Kriscunas· Advisory Board

Leib Bolel

What they invest in

from 3 of 4 portfolio companies

Healthtech ×2AI & Machine Learning ×1Data & Infrastructure ×1Digital Health ×1Enterprise Software ×1LegalTech ×1SaaS ×1

HQs:United States×4

Investments · 4 tracked

founders shown can be your intro path

Case Statuscasestatus.com in 𝕏Oct 2024

Case Status provides a mobile client portal for law firms to communicate with clients and manage case information.

AI & Machine LearningEnterprise SoftwareLegalTechSaaSBirmingham, US

Andrew Seavers(Executive Officer, Director)Richard Braddock Jr.(Director)

BoardLauren Sturdivant(Director)Sherman Chu(Director)DANIEL H. DRECHSEL(Director)inDan Dreschsel(Director)

Co-investorsAlerion Ventures BIP Ventures CreativeCo Techstars Topmark Partners

Medicommedicom.us in

Medicom provides a platform for automating medical image exchange and delivering imaging studies into EHR and PACS systems for hospitals, clinics, and radiology, cardiology, pathology, and oncology teams.

Data & InfrastructureDigital HealthHealthtech

Co-investorsOval Park Capital Vocap Partners Wolfpack Investor Network

Medicom Technologies, Inc.in

Raleigh, US

Michael Rosenberg(Executive Officer, Director, Promoter)Malcolm Benitz(Executive Officer, Director)Chris Woodlief(Executive Officer)Chase Ballard(Executive Officer, Director)

BoardJT Vaughn(Director)Mike Becker(Director)

Co-investorsOval Park Capital Vocap Partners

Mindset Medicalmindsetmedical.com inJun 2024

HealthtechPhoenix, US

MARK L. WHITEHOUSE(Executive Officer)MITCHELL A. FOSTER(Executive Officer, Director, Promoter)Mark Whitehouse(Executive Officer, Director, Promoter)Nicholas Theodore(Director)Mitchell Foster(Executive Officer, Director, Promoter)Joel Barthelemy(Director)

Co-investorsAmgen Ventures AZ Venture Capital Inc.NOVA Prime Questa Capital Xcellerant Ventures

Portfolio news

latest coverage across their companies

Mindset Medical Receives Additional Funding

Mindset Medical · finsmes.com · Oct 9, 2025

Frequently asked questions

What stage does Grayhawk Capital invest at?: Grayhawk Capital invests at the Series A, Series B, Growth, Late Stage stages.
What sectors does Grayhawk Capital focus on?: Grayhawk Capital focuses on Cloud Computing, Cybersecurity, Enterprise Software, Fintech, Healthtech, SaaS.
Where is Grayhawk Capital located?: Grayhawk Capital is headquartered in Scottsdale, US.
Does Grayhawk Capital lead rounds?: Yes, Grayhawk Capital leads investment rounds.

Media · Podcasts & interviews

featuring the team

Investor 360 with Sherman Chu of Grayhawk Capital

SAM Preccelerator · Sherman Chu

Similar investors

Bessemer Venture Partners

Bessemer Venture Partners is a global venture capital firm that partners with entrepreneurs across enterprise, consumer, and healthcare sectors from early stages through growth.

$5M – $100M

GV (Google Ventures)

GV (Google Ventures) is a venture capital firm that has invested in artificial intelligence and machine learning since its early days, building a global portfolio of more than 100 AI companies across infrastructure, life sciences, and applications.

$250K – $50M

Norwest Venture Partners

Norwest Venture Partners is an investment firm whose growth equity team backs private, profitable, fast-growing companies, providing capital and hands-on support through its 'invited guest' approach.

$10M – $30M

Invest Tech

Invest Tech is a Brazilian Private Equity and Venture Capital fund manager that invests in B2B companies using technology as a critical factor for improving processes, efficiency, and business longevity, supporting the digitalization of the Brazilian economy.