MHS Capital
Venture capitalActively deployingSan Francisco · Seed–Late Stage · 2 people tracked
Also known as MHS CAPITAL MANAGEMENT III, LLC · MHS CAPITAL MANAGEMENT, LLC · MHS Capital Partners · MHS Capital Partners CE · MHS Capital Partners IN · MHS Capital Partners ST
Find your way into MHS Capital
1,081 people in our graph share verified history with the MHS Capital team — schools, employers, funds. One of them is your warm intro.
Investment thesis
Targets bootstrapped software companies transitioning to venture-backed growth and serial entrepreneurs buying small tech firms, offering direct access to senior operator-mentors and making 2–5 $1–3M initial investments annually.
Source: firm website, verified Sep 15, 2026.
Team · 2 people
from public directories
What they invest in
from 13 of 19 portfolio companiesAI & Machine Learning ×5E-commerce ×3Enterprise Software ×3SaaS ×3Advanced Manufacturing ×2AgTech ×2Circular Economy ×2Data & Infrastructure ×2
HQs:United States×15Australia×1
Investments · 19 tracked
founders shown can be your intro pathBy year:2026 · 32025 · 12024 · 12022 · 12021 · 12018 · 12017 · 22015 · 212 dated
Grove is an e-commerce platform that curates and sells household and personal care products vetted against health and environmental standards.
Circular EconomyConsumerDirect to ConsumerE-commerceSan Francisco, US
Stuart Landesberg(Executive Officer, Director)inChris Clark(Director)inJordan SavageinJeff Yurcisin(Chief Executive Officer, President and Director)inTom Siragusa(Chief Financial Officer)inKeith Davey(Chief Technology Officer)in
Board seatMark Sugarman· per SEC Form D · $15.5M raise · filed Apr 2017
Co-investors500 GlobalBullpen CapitalForefront VentureGlynn Capital ManagementGutbrain VenturesHemisphere Ventures LLC+7 more
Memo provides article readership data sourced directly from publications, letting communications and PR teams see how many people actually read their press coverage and which stories, outlets, and reporters drive traffic.
Data & InfrastructureMarketing TechSaaSNew York City, US
Eddie Kim(Founder & CEO)Karlie Santucci(Chief Customer Officer)inBrad Kagawa(CTO)in
Co-investorsFounder CollectiveSusa VenturesAbstract VenturesLauder PartnersLightShed VenturesPreface Ventures
San Francisco, US
Igor Lebovic(Executive Officer, Director)inErik Fantasia(Executive Officer, Director)
Board seatMark Sugarman· per SEC Form D
Co-investorsFloodgateJackson Square VenturesJavelin Venture Partners
SendCutSend provides on-demand laser cutting, CNC machining, and finishing services for custom metal parts, serving makers, small businesses, and large enterprises across the United States.
Advanced ManufacturingHardwareReno, US
Jim(CEO & Founder)inJim Belosic(Founder)inJake(CTO)Erin Belosic(President)inJacob Graham(Chief Technology Officer)in
Board seatMark Sugarman· per SEC Form D · $110M raise · filed May 2026
Co-investorsHorizonParadigmSummit Peak InvestmentsSequoia Capital
AHX builds an artificial intelligence engine to automate mass manufacturing processes, applying AI to industrial processes such as steel and wood production.
Advanced ManufacturingAI & Machine LearningDeep TechEnterprise Software
Haidin Rashid(Founder)in
Co-investorsOutrun VenturesGolden Ventures
Auto Hauler Exchange operates a marketplace connecting car dealers and shippers directly with vetted auto transport carriers, eliminating brokers to enable faster vehicle delivery—typically within four days.
B2B MarketplacesE-commerceLogistics & Supply ChainMarketplacesMobility & TransportationRochester, US
Royce Neubauer(Executive Officer, Director)in
BoardBert Amato(Director)inVijay Nagappan(Director)in
Co-investorsGolden Ventures
Bizible developed B2B multi-touch marketing attribution software that tracked buyer touchpoints and linked them to CRM opportunities and revenue.
Seattle, US
Daniel Todd(Director)inAaron Bird(Executive Officer, Director)in
BoardLen Jordan(Director)
Co-investorsMadrona Venture GroupScale Venture Partners
Farmblox connects farm equipment and in-field sensors (measuring soil moisture, power outages, weather, and more) to a mobile and web app, letting growers monitor operations remotely and automate tasks.
AgTechAI & Machine LearningIoTNewton Highlands, US
John Dyer(Executive Officer, Director)inMarc Printz(Executive Officer, Director)inNathan Rosenberg(Executive Officer, Director)inJonathan Mitchell Gaines(Executive Officer, Director)Mark Printz(Executive Officer, Director)
Co-investorsSanta Cruz VentureTall Grass VenturesHyperplane Venture CapitalService Provider CapitalSlow Ventures
Farmblox provides a platform that connects in-field sensors and farm equipment to a mobile and web app, letting farmers monitor remote farmland, detect issues like leaks and equipment failures, and trigger automated fixes.
AgTechAI & Machine LearningHardwareIoT
Nathan Rosenberg(Founder)in
Co-investorsHyperplane Venture CapitalService Provider CapitalSlow Ventures
Fyfe is an Australian engineering and environmental consultancy providing services across renewable energy, resources, transport, power and network infrastructure, water and wastewater, land development, and data centres over the full project lifecycle.
Climate TechConstruction TechEnergyEnterprise Software
Co-investorsMercury CapitalPoint Nine
Garmentory is an online marketplace that curates and sells fashion, home goods, and kids' items from vetted independent boutiques and emerging designers.
Circular EconomyE-commerceMarketplacesBellevue, US
JOHN SCROFANO(Executive Officer, Director)inSUNIL GOWDA(Executive Officer, Director, Promoter)in
BoardCHRIS DEVORE(Director)in
Co-investorsTechstarsFounders' Co-op
Guidebook builds event management software for event planners and organizers to focus on attendee engagement rather than logistical operations.
SaaS
Co-investorsMosaic VenturesVast Ventures
Plotly develops open-source data visualization libraries and analytics platforms—including its Plotly graphing library and Dash app framework—for analysts, engineers, and data scientists building interactive charts, dashboards, and data apps.
AI & Machine LearningData & InfrastructureDeveloper Tools
Alex Johnson(Founder)in
Co-investorsRho VenturesVanedge CapitalVanedge Capital Limited PartnershipFounderFuel
Crunchtime Ops Execution (formerly Zenput) is a software platform that helps multi-unit restaurant operators manage operational tasks, food safety protocols, staff scheduling, inventory, and compliance across locations.
Enterprise SoftwareFoodTechSaaSSan Francisco, US
Vladislav Rikhter(Executive Officer, Director)Vladik Rikhter(Founder)inJohn Clarke Mills(Director)
BoardVijay Nagappan(Director)inGregory Gretsch(Director)in
Co-investorsGolub GrowthJackson Square VenturesSummit Peak VenturesGoldcrest CapitalGolub Capital
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Zippia is an online job search and career platform that provides personalized job matches, AI-assisted job applications, resume generation, and career research tools such as company reviews, salaries, and industry data.
AI & Machine LearningFuture of WorkHR TechSan Francisco, US
Sunil Singh(Director)Shao K. Henry(Executive Officer, Director)
BoardSunil C. Agrawal(Director)
Co-investorsCorrelation VenturesNextView Ventures
Other
Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.
Simply Measured, Inc.Workyard HoldingsKindlyXano
Rows marked “SEC filing” are inferred from directors named on the company's SEC Form D — public regulatory data, not a portfolio list published by the firm.
Exits · 2
1 IPOs · 1 acquisitionsGrove CollaborativeNYSE: GROVBizibleacq. by Marketo
Portfolio news
latest coverage across their companiesFarmblox · santacruzworks.org · Aug 20, 2026
Farmblox · santacruzworks.org · Aug 20, 2026
Send Cut Send · thefabricator.com · Jul 16, 2026
Memo · businessinsider.com · Mar 25, 2026
Xano · xano.com · Oct 22, 2025
Frequently asked questions
- How many investments has MHS Capital made?
- MHS Capital has 19 tracked investments, 2 of which have exited, including 5 dated in the last 24 months.
- What stage does MHS Capital invest at?
- MHS Capital invests at the Seed, Late Stage stages.
- What is MHS Capital's typical check size?
- MHS Capital typically writes checks of $1M – $3M.
- What sectors does MHS Capital focus on?
- MHS Capital focuses on AI & Machine Learning, Consumer, E-commerce, EdTech, Enterprise Software, Marketing Tech, Media & Entertainment, SaaS.
- Where is MHS Capital located?
- MHS Capital is headquartered in San Francisco, US.
- Does MHS Capital lead rounds?
- MHS Capital typically participates in rounds rather than leading them.
Co-investors · 21
Jackson Square Ventures (JSV) is an early-stage venture capital firm based in San Francisco that backs founders building software and marketplace companies. Founded in 2011, it has invested more than $700 million across multiple funds.
Floodgate is a venture capital fund that backs founders at the earliest stages, positioning itself as their first true believers.
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.
Madrona Venture Group is a Seattle-founded venture firm that partners with founders across early and acceleration stages, providing capital plus hands-on support in recruiting, strategy, business development, and fundraising.
Scale Venture Partners is an early-stage venture capital firm that partners with AI companies, supporting their transition from founder-led growth to a scalable go-to-market operation.
Bullpen Capital is an early-stage venture firm that has funded over 100 companies, focusing on businesses that have found product-market fit but are overlooked by other investors.
Javelin Venture Partners is an early-stage venture capital firm that invests in unique ideas, people and business models across companies it would personally want to join.
Founders' Co-op is a Seattle-based early-stage venture firm backing technical founding teams building enterprise technology companies, investing at the pre-product, pre-revenue stage.
Vast Ventures is a venture fund that invests in disruptive companies aiming for global impact.
Hyperplane is a venture capital firm that writes first checks into early-stage companies applying AI to industry workflows, infrastructure, and the physical world.
Khosla Ventures is a venture capital firm founded by Vinod Khosla.
Insight Partners is an investment firm focused on accelerating revenue and profit growth in software companies, providing capital and operational support through its Insight Onsite team.
▶9 more co-investors
Gradient VenturesBling CapitalLightbankHyde Park Venture PartnersSmash CapitalEnsemble VCVersion One VenturesLearn CapitalMetanoia
Firms observed investing alongside MHS Capital, from public investor directories. Shared companies are the overlap with MHS Capital's recorded portfolio.
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