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McCarthy Capital

Private equity

Omaha · 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.

Invests inSector AgnosticOmahaUnited States

Source: firm website, verified Sep 26, 2026.

Stage
Seed–Growth
Check
$30M – $125M
HQ
Omaha, MA, US
Instruments
Equity
Founded
1986
Tracked investments
30
Acquisitions
1

Team · 33 people

from the firm's website & public directories
Alex Vetter· Senior Analyst, Real Estate
Cassie Martell· Investment Team Coordinator
Connie Davis· Executive Assistant
Denise Alderson· Finance Director
Henry Altfillisch· Tax Manager
Jack Eckels· Associate
John Sandlass· Associate
Kelly Franck· Executive Assistant
Matt Gaebler· Assistant Controller
Matt Jandrain· Staff Accountant
Max Barrett· Associate
Sabrina Carauta· Staff Accountant
Teddy Murphy· Associate
Dana Bradford· Executive Officer

What they invest in

from 16 of 30 portfolio companies

SaaS ×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 path

By year:2023 · 12022 · 42021 · 12020 · 12018 · 12014 · 22012 · 12010 · 112 dated

zLinqzlinq.cominSeries B · Dec 2022 · $5M✓ verified

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 Markets365retailmarkets.comin𝕏Jan 2021

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

Bigbellybigbelly.comin𝕏

Bigbelly manufactures smart waste and recycling bins for municipalities, featuring compaction technology and IoT connectivity to reduce collection frequency, emissions, and operational costs in public spaces.

Circular EconomyCleantechGovTechHardwareIoT

Carawaycarawaytx.comin𝕏Sep 2022 · $35Macquired by Merck

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 Globalcpat.comin𝕏

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 Groupcrgplans.comin𝕏

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)

Docufreedocufree.comin𝕏Mar 2022

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

Kinstakinsta.comin𝕏

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 Capitalm-onecapital.com

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

NUSOnuso.cloudin𝕏

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

OneCareonecare.co.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 Marketingprogressivedentalmarketing.com

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 Coffeescooterscoffee.comin𝕏

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)

Spreetailspreetail.comin𝕏Feb 2023 · $208M

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 Staffingtriagestaff.comin𝕏

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

TRIMECHtrimech.cominMar 2014 · $12M

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

WellnessLivingwellnessliving.comin𝕏

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

Workshopworkshopsf.comSeed · Jul 2022 · $5M

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 acquisitions

Carawayacq. by Merck

Portfolio news

latest coverage across their companies

Fund performance · per public LP disclosures · 4

as of Dec 2024
FundVintageCommittedNet IRRTVPIDPI
McCarthy Capital Fund VIIILPs: Nebraska Investment Council2023—1.2%1.01x0.02x
McCarthy Capital Fund VIILPs: Nebraska Investment Council2020—7.4%1.19x0.02x
McCarthy Capital VI, L.P.LPs: Nebraska Investment Council2016—46.2%4.67x2.58x
McCarthy Capital V, L.P.LPs: Nebraska Investment Council2012—15.5%2.14x2.04x

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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