How many investments has Minds Capital made?

Minds Capital has 16 tracked investments.

What stage does Minds Capital invest at?

Minds Capital invests at the Growth stage.

What sectors does Minds Capital focus on?

Minds Capital focuses on Advanced Manufacturing, Healthtech, SaaS, Sector Agnostic.

Where is Minds Capital located?

Minds Capital is headquartered in St. Petersburg, US.

Does Minds Capital lead rounds?

Minds Capital typically participates in rounds rather than leading them.

Who does Minds Capital co-invest with?

Minds Capital most often shares deals with Algebra Ventures, Designer Fund, Eudemian Ventures, among 19 tracked co-investors.

Minds Capital

Private equity

St. Petersburg · Growth · 5 people tracked

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Find your way into Minds Capital

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

Ben Robbinsunlockedknows Niklas James · together at Harvard Business School (overlapped)

×8knows the team · via Norwegian School of Economics (NHH)

knows the team · via Harvard Business School

×2knows the team · via DN Capital

✨ Fox Verdict

Investment thesis

Minds Capital focuses on gap equity for independent sponsor-led acquisitions of businesses in the lower middle market, a segment known as entrepreneurial private equity. Leveraging high-quality, high-volume deal flow driven partly by a popular media platform, the firm invests in roughly a dozen acquisitions per year across industries including healthcare, business services, software, and manufacturing. Its limited partners are accredited investors seeking access to an asset class typically reserved for institutional investors, where returns are said to exceed private equity overall. Fund I began deploying capital in early 2024, and Fund II follows the same strategy with larger check sizes.

Invests inAdvanced Manufacturing Healthtech SaaSSector AgnosticUnited States

Source: firm website, verified Aug 3, 2026.

Stage

Growth

St. Petersburg, US

Leads rounds

Follows

Instruments

Equity

Founded

2023

Tracked investments

Team · 5 people

from the firm's website & curated & public directories

Max Lummis· Partner / Co-Founder

Co-founder of Minds Capital and a partner embedded in the independent sponsor community.

Niklas James· Partner / Co-Founder· Norwayin

Co-founder of Minds Capital and a partner embedded in the independent sponsor community.

Will Smith· Partner / Co-Founder· Simpsonville, South Carolina, United Statesin

Co-founder of Minds Capital and a partner embedded in the independent sponsor community.

Henry Lummis· General Partner

David Corson· Partner· Washington, District of Columbia, United Statesin

David Corson is the host of Acquiring Minds, a podcast focused on entrepreneurs who acquire existing businesses rather than starting them from scratch. Through the show, he interviews people who buy small businesses and also invests in this segment of entrepreneurship.

What they invest in

from 7 of 16 portfolio companies

Enterprise Software ×3Media & Entertainment ×3AdTech ×2Healthtech ×2Marketing Tech ×2Advanced Manufacturing ×1Biotech ×1Climate Tech ×1

HQs:United States×2United Kingdom×1Puerto Rico×1

Investments · 16 tracked

founders shown can be your intro path

Cadillac Uniform & Linen Supplycadillacuniform.com in

Cadillac Uniform is a uniform rental and laundry service provider operating in Puerto Rico since 1966, serving approximately 3,000 businesses with delivery routes, laundry operations, and related garment services.

Advanced ManufacturingEnterprise SoftwareBayamón, PR

Chemistrychemistryagency.com in 𝕏

Chemistry is a creative agency that combines strategy, creative, media, data, and brand thinking to develop breakthrough ideas for brands.

AdTechMarketing TechMedia & Entertainment

DTCbsigroup.com in 𝕏

BSI provides standards development, certification, training, and assessment services to organizations across areas such as energy management, supply chain risk, and digital security.

Climate TechCybersecurityEnterprise Software

Co-investorsAccel

Eyenavisioneyenavision.com in

Eyenavision develops and supplies optical products for independent eyecare professionals and optical retailers, including its Chemistrie magnetic clip-on lens system and solutions for color vision deficiency and progressive readers.

ConsumerHardwareHealthtech

HerScanherscan.com in 𝕏

HerScan provides community-based breast ultrasound screenings for women, delivered through mobile health events across the U.S. as a supplemental tool to mammography, with scans interpreted by board-certified radiologists.

FemTechHealthtechMedical Devices

Karsh Hagankarshhagan.com in

Karsh Hagan is a creative agency that collaborates with communities and organizations to develop ideas and experiences through strategic thinking and creative work.

AdTechCreator EconomyMedia & Entertainment

Kathy Brownin

Life Science Connectlifescienceconnect.com in

Life Science Connect is a B2B media and community platform serving the life sciences and environmental markets, combining industry-focused content, professional communities, and audience insights to help brands reach specialized professionals.

BiotechEnterprise SoftwareMarketing TechMedia & Entertainment

Jon Howland(Chief Executive Officer)inChris Kilbee(SVP, LSC Events)inLuke Bilton(SVP, LSC Events)in

Other

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

FloorguardGRC InternationalIcon RestorationMadden MediaNewbury Franklin Pet ServicesP3CAProject GraceTap MangoThe Light Park

Portfolio news

latest coverage across their companies

Crocs Raises 2026 Outlook as DTC Growth Helps Offset Tariff Pressure — TradingView News

DTC · tradingview.com · Aug 14, 2026

Opinion: Chemistry advances when disciplines connect

Chemistry · cen.acs.org · Aug 12, 2026

Marketing Solutions for Suppliers | Life Science Connect

Life Science Connect · lifescienceconnect.com · Mar 26, 2026

Frequently asked questions

How many investments has Minds Capital made?: Minds Capital has 16 tracked investments.
What stage does Minds Capital invest at?: Minds Capital invests at the Growth stage.
What sectors does Minds Capital focus on?: Minds Capital focuses on Advanced Manufacturing, Healthtech, SaaS, Sector Agnostic.
Where is Minds Capital located?: Minds Capital is headquartered in St. Petersburg, US.
Does Minds Capital lead rounds?: Minds Capital typically participates in rounds rather than leading them.
Who does Minds Capital co-invest with?: Minds Capital most often shares deals with Algebra Ventures, Designer Fund, Eudemian Ventures, among 19 tracked co-investors.

Media · Podcasts & interviews

from their channel

$2M to Start as an IndependentSponsor | Drew Bagin, North Haven Capital

Minds Capital Podcast

Behind The Scenes: Our Unique Angle In An Increasingly Crowded Space

Minds Capital Podcast

"An Independent Sponsor Can Be My Favorite Kind of Buyer" | Dara Shareef, Benchmark International

Minds Capital Podcast

1 Equity Raise ($500k), 4 PortCos | Andrew McDonald, Fourco Holdings

Minds Capital Podcast

The 123-Year-Old Firm's Independent Sponsor Blitz | Ted Kramer, HKW

Minds Capital Podcast

11 Exits in 11 Years | Lou Grabowsky, Juniper Capital Management

Minds Capital Podcast

Images

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