McCarthy Capital
Private equityOmaha · Seed–Growth · 33 people tracked
Also known as Mccarthy Asset Management, Inc.
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Investment thesis
M-One Capital positions itself as a partner to management rather than merely an owner, providing flexible equity capital alongside resources and broad organizational experience to drive growth. The firm prefers to invest in common equity alongside management teams and is willing to take minority positions. It emphasizes a long-term perspective with a preference for longer hold periods, limited use of financial leverage, and does not charge consulting fees to portfolio companies. Its time-tested strategy centers on trust-based partnerships, shared vision, and value-add initiatives across numerous industries and situations.
Source: firm website, verified Sep 26, 2026.
Team · 33 people
from the firm's website & public directoriesWhat they invest in
from 16 of 30 portfolio companiesSaaS ×8Enterprise Software ×7Cloud Computing ×3Healthtech ×3B2B Marketplaces ×2E-commerce ×2GovTech ×2Hardware ×2
HQs:United States×12Canada×1
Investments · 30 tracked
founders shown can be your intro pathBy year:2023 · 12022 · 42021 · 12020 · 12018 · 12014 · 22012 · 12010 · 112 dated
zLinq is a female-owned telecom management company that helps businesses optimize their communications services—connectivity, cloud, and collaboration—while reducing telecom costs.
Cloud ComputingEnterprise SoftwareSaaSDenver, US
Tatiana Finkelsteyn(Founder and CEO)inBJ Hansen(Director)in
BoardNigel Alexander(Director)David Kloos(Director)
365 Retail Markets develops an all-in-one platform providing hardware and software tools for unattended retail, micromarkets, vending, foodservice and hospitality locations.
B2B MarketplacesE-commerceEnterprise SoftwareFintechHardwareRetail TechSaaS
Joe Hessling(Founder & CEO)
Co-investorsAntares CapitalACE & Company
Caraway Therapeutics was a preclinical biopharmaceutical company developing small-molecule therapies modulating lysosomal function to treat neurodegenerative and rare diseases.
BiotechHealthtech
Co-investorsDementia Discovery FundEisai Innovation, Inc.MRL Ventures FundSV Health InvestorsAbbVieBridge Investments+9 more
CPaT Global provides learning management systems and courseware for safety-critical training in aviation, rail, maritime, mining, oil & gas, and telecommunications.
EdTechEnterprise SoftwareSaaSHouston, US
Dave Rapley(President and CEO)in
Critical Response Group develops mapping and emergency preparedness solutions, including its Collaborative Response Graphic, to improve communication and coordination among first responders and stakeholders during crises.
Defense TechGovTechSaaSEwing Township, US
Michael Rodgers(Executive Officer)Frank Rodgers(Director)Phillip Coyne(Director)Ethan Killeen(Director)
Docufree provides document capture, management, and automation solutions using RPA and AI technologies to digitize paper and inbound documents (emails, faxes, web forms) and route them through business processes.
AI & Machine LearningEnterprise SoftwareSaaS
Co-investorsM-One Capital
Kinsta is a web hosting platform founded in 2013 that serves agencies, businesses, and e-commerce brands globally, emphasizing performance optimization and developer-friendly infrastructure across 128 countries.
Cloud ComputingCybersecurityDeveloper ToolsSaaS
Mark Gavalda(Founder and Chairman)inJon Penland(Chief Executive Officer)in
M-One Capital is a private equity and growth investment firm that deploys capital in majority or minority equity positions, emerging growth companies, and value-add real estate projects.
Enterprise SoftwareSector AgnosticOmaha, US
BoardPatrick Duffy(President and Managing Partner)in
NUSO provides cloud communications and telecommunications infrastructure services, including unified communications, contact center solutions, and voice platforms for enterprise customers and channel partners.
Cloud ComputingEnterprise SoftwareSaaS
Matt Siemens(Chief Executive Officer)inPaul Matte(Chief Operating Officer)inKevin Moss(VP of Compliance and Regulatory)inDerick Adams(VP of Network Operations)in
Batesville, US
Peter Vogel(Director)Sammy Sun(Executive Officer)Chase Glaser(Executive Officer)Thomas Glaser(Executive Officer, Director)John Gutzwiller(Executive Officer, Director)Karen Leeker(Director)
Co-investorsBetter Capital
Progressive Dental Marketing provides marketing services, practice development consulting, and staffing support for dental practices seeking to grow their patient base and clinical operations.
AdTechHealthtechMarketing Tech
Scooter's Coffee operates a chain of drive-thru coffeehouses specializing in premium specialty coffee drinks served quickly.
ConsumerDirect to ConsumerFoodTechBellevue, US
Don Eckles(Co-founder)inLinda Eckles(Co-founder)
Spreetail operates a global fulfillment and ecommerce management platform specializing in large, difficult-to-ship products for brand partners across major marketplaces like Amazon, Walmart, and Target.
E-commerceLogistics & Supply ChainRetail TechLincoln, US
Josh Ketter(Global CEO)in
Triage is a healthcare staffing platform that matches travel healthcare professionals with temporary assignments at medical facilities across nursing, lab, radiology, rehab therapy, cardiopulmonary, and long-term care divisions.
B2B MarketplacesHealthtechHR TechMarketplaces
John Maaske(CEO and Founder)in
Provider of computer-aided design/engineering software, additive and subtractive manufacturing solutions, and related services, headquartered in Richmond, VA.
Glen Allen, US
Stephen R. Pelham(Executive Officer)Steven R. Pelham(Executive Officer)Michael L. Ayres(Executive Officer)in
Co-investorsAea InvestorsHalifax Group
WellnessLiving provides an online booking system for fitness businesses and wellness service providers, enabling clients to schedule appointments, classes, and events while helping businesses fill capacity and manage customer engagement.
Enterprise SoftwareHR TechSaaSSports TechWellness & Fitness
Len Fridman(Founder)in
Co-investorsINcapital VenturesBDC Capital Corporation
Workshop is an invite-only, physical workspace community in San Francisco for seed-stage technology founders.
Future of WorkSan Francisco, US
Max Mullen
Co-investorsLevel Ventures
Other
Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.
Advantor SystemsAlpha Comm EnterprisesAltair GlobalDSCIMedaxionNavigate Wellbeing SolutionsOmaha SteaksRentlySmartlinkTelementumThe Remi GroupUnited Real Estate Group
Exits · 1
1 acquisitionsCarawayacq. by Merck
Portfolio news
latest coverage across their companies
M-One Capital · markets.businessinsider.com · Aug 20, 2026
Bigbelly · bigbelly.com · Feb 9, 2026
Fund performance · per public LP disclosures · 4
as of Dec 2024| Fund | Vintage | Committed | Net IRR | TVPI | DPI |
|---|---|---|---|---|---|
| McCarthy Capital Fund VIIILPs: Nebraska Investment Council | 2023 | — | 1.2% | 1.01x | 0.02x |
| McCarthy Capital Fund VIILPs: Nebraska Investment Council | 2020 | — | 7.4% | 1.19x | 0.02x |
| McCarthy Capital VI, L.P.LPs: Nebraska Investment Council | 2016 | — | 46.2% | 4.67x | 2.58x |
| McCarthy Capital V, L.P.LPs: Nebraska Investment Council | 2012 | — | 15.5% | 2.14x | 2.04x |
Source: public limited-partner disclosures (CalPERS, CalSTRS). Net IRR / TVPI / DPI as reported by the limited partner; a fund's early-year IRR is an interim estimate (J-curve).
Frequently asked questions
- How many investments has McCarthy Capital made?
- McCarthy Capital has 30 tracked investments, 1 of which have exited.
- What stage does McCarthy Capital invest at?
- McCarthy Capital invests at the Seed, Growth stages.
- What is McCarthy Capital's typical check size?
- McCarthy Capital typically writes checks of $30M – $125M.
- What sectors does McCarthy Capital focus on?
- McCarthy Capital focuses on Sector Agnostic.
- Where is McCarthy Capital located?
- McCarthy Capital is headquartered in Omaha, US.
- Does McCarthy Capital lead rounds?
- McCarthy Capital has led 3 of the 4 rounds where its role is on record.
- Who does McCarthy Capital co-invest with?
- McCarthy Capital most often shares deals with Better Capital, Dementia Discovery Fund, INcapital Ventures, among 6 tracked co-investors.
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