Mutual Capital Partners
Venture capitalCleveland · Seed–Late Stage · 4 people tracked
Investment thesis
Mutual Capital Partners is a venture capital fund focused on healthcare IT and medical device companies, primarily located outside major tech centers throughout Ohio and the greater Midwest. The firm works alongside angel funds, economic development entities, and entrepreneurs to help companies move through the capital continuum. It seeks companies with a strong management team, at least five reference customers that are renewing or expanding, more than $1,000,000 in run-rate revenue, and the ability to reach gross margins of 50% or higher. Beyond capital, MCP offers hands-on partnership, personal guidance, and access to its resources and expert network.
Source: firm website, verified Aug 3, 2026.
Team · 4 people
from the firm's website
What they invest in
from 21 of 37 portfolio companiesHealthtech ×14Medical Devices ×10Enterprise Software ×6AI & Machine Learning ×5Digital Health ×4SaaS ×4Biotech ×3Cloud Computing ×3
HQs:United States×16
Investments · 37 tracked
founders shown can be your intro pathAtlanta, US
Don Layden(Executive Vice President, Payments & Network)Owen J Sullivan(President and Chief Operating Officer)Martin Mucci(Director)Gregory Blank(Director)Georgette Kiser(Director)Patrice Graves(Executive Vice President, Chief Human Resources Officer)
Quest Diagnostics is the world's leading provider of diagnostic information services, serving one in three adult Americans and half of US physicians and hospitals.
Digital HealthHealthtechMedical DevicesSecaucus, US
7SIGNAL provides a cloud-based AI platform for monitoring and optimizing digital experiences across wired and wireless networks, endpoints, and applications.
AI & Machine LearningCloud ComputingEnterprise SoftwareIndependence, US
Ted Schneider(Chief Executive Officer)Kristen Nieberding(Chief Financial Officer)Art Faccone(Senior Vice President, Services and Support)Shannon Courtney Boulanger(Vice President, Sales)Veli-Pekka Ketonen(Executive Officer)Russell Wangler(Executive Officer)
Board seatBill Trainor· per SEC Form D
Cooler Heads develops scalp cooling technology to prevent hair loss in cancer patients undergoing chemotherapy.
HealthtechMedical Devices
Kate Dilligan(Founder & CEO)inMaria Gonzalez-Blanch(Director)MICHAEL SCHOTZINGER(Director)LIZ TODIA(Director)LIZ ZAMBORY(Director)JASON PESTERFIELD(Director)
Board seatLiz Todia Zambory· per SEC Form D
Tybrhealth develops the B3 GEL™ System, a protective gel applied during tendon and ligament repair surgery to reduce post-operative scar formation and preserve tissue mobility.
BiotechHealthtechMedical DevicesHouston, US
Tim Keane(Founder)inAlex Smith(Founder)inToby Hamilton(Director)Tom Dugan(Director)Jeffrey Tyber(Director)Timothy J. Keane, Jr.(Executive Officer, Director)
Board seatLiz Todia Zambory· per SEC Form D
Authenticx is a conversation intelligence platform that uses AI trained on healthcare data to uncover system-critical insights from customer interactions, helping healthcare organizations identify barriers to better outcomes and improve operational efficiency.
AI & Machine LearningEnterprise SoftwareHealthtechCarmel, US
McKay Dunn(Director)Amy Brown(Executive Officer, Director)Melanie Bella(Director)
BoardVictor Gutwein(Director)
Visa Protect provides fraud prevention and risk management solutions for payment systems and transactions.
AI & Machine LearningCybersecurityFintech
Catalyst OrthoScience develops medical devices and surgical techniques for shoulder replacement procedures, including total shoulder replacements and reverse shoulder arthroplasty.
BiotechHealthtechMedical DevicesNaples, US
Steven Goldberg(Founder & MD)Carl O'Connell(Chief Executive Officer)Amy Ables(Vice President of Customer Engagement and Sales Excellence)Ephraim(Chief Technology Officer)Robert Richter(Chief Financial Officer)Debbie Totah(Vice President of Human Resources)
Checkpoint Surgical develops intraoperative nerve stimulation devices, biomaterial implants, and surgical instruments for peripheral nerve and tendon surgery.
BiotechHealthtechMedical DevicesCleveland, US
Tracy Marshbanks(Director)Geoffrey B. Thrope(Executive Officer, Director)Leonard M. Cosentino(Executive Officer, Director)Marilyn A. Eisele(Executive Officer)Kevin M. Scanlan(Executive Officer)Donald Hubbard(Executive Officer)
Louisville, US
Roger Kobel(Director)Thomas Hearn(Executive Officer, Director)Mark Murphy(Executive Officer, Director)William Trainor(Executive Officer, Director)Robert Saunders(Executive Officer, Director)
HeRO Graft is a fully subcutaneous arteriovenous access device for hemodialysis patients with central venous stenosis, designed to reduce infection rates and improve long-term vascular access reliability.
Medical Devices
iotaMotion develops robotic systems for cochlear implant surgery, assisting otolaryngologists in achieving precision beyond human capability.
HealthtechMedical DevicesRoboticsSt. Paul, US
Marlan Hansen, MD(Executive Officer, Director)Michael Lobinsky(Executive Officer, Director)Marlan Hansen(Executive Officer, Director)Christopher Kaufmann(Executive Officer, Director)
BoardWayne Wallace(Director)Michael Crook(Director)
Merit Medical Systems designs, develops, manufactures and markets medical devices for interventional and diagnostic procedures.
HealthtechMedical Devices<UNKNOWN>, US
IBM is a multinational technology company offering enterprise software, AI, hybrid cloud, automation, and data solutions to support business transformation across various industries.
AI & Machine LearningCloud ComputingEnterprise Software
Jit Saxena(Founder)
Nuance creates software products, including healthcare solutions for clinical documentation, speech recognition, and virtual assistants.
AI & Machine LearningHealthtechSaaS
Olio provides care coordination technology for post-acute and behavioral health organizations, automatically connecting care teams across SNFs, behavioral health providers, payers, health systems, home health, and hospice to improve outcomes and reduce costs.
Digital HealthEnterprise SoftwareHealthtech
Jill Sharp(Director)Eric Huebner(Director)Thomas Greer(Director)Philip Lewis(Director)Ben Forrest(Executive Officer, Director)Sean Mullins(Chief Operating Officer)
OrthAlign develops medical device technology for precise alignment during hip and knee replacement surgery, serving orthopedic surgeons in the surgical technology space.
HealthtechMedical DevicesAliso Viejo, US
Jamy Gannoe(Co-founder)Eric Timko(President and CEO)Christopher Martin(Director)D. Ronald Yagoda(Director)William Hanna(Director)Wayne Wallace(Director)
Redi Health builds patient access and affordability programs that connect pharmaceutical manufacturers to patients through targeted approaches designed to increase medication adoption and sustained use.
Digital HealthHealthtechSaaS
Granville, US
KEVIN LOWRY(Executive Officer)WILLIAM S. TRAINOR(Director)MARC C. HAWK(Executive Officer, Director)KURT E SCHISLER(Director)AARON M. BOGGS(Executive Officer)PAMELA J. SPRINGER(Director)
HealthtechCleveland, US
Josh Boggs(Executive Officer)Mark Stulz(Executive Officer)Geoffrey B. Thrope(Director)Marilyn A. Eisele(Executive Officer)Les C. Vinney(Director)Maria E. Bennett(Executive Officer, Director)
SPR develops the SPRINT PNS System, a peripheral nerve stimulation device for pain relief.
Digital HealthHealthtechMedical Devices
Maria Bennett(President, CEO, and Founder)
Synchronoss provides white label cloud software and digital experience platforms that help telecommunications and media companies connect subscribers with services, content, and each other.
Cloud ComputingEnterprise SoftwareSaaS
Visa operates a global payments network enabling digital and card-based transactions for consumers and businesses across multiple sectors and geographies.
Fintech
Frequently asked questions
- What stage does Mutual Capital Partners invest at?
- Mutual Capital Partners invests at the Seed, Series A, Series B, Series C, Late Stage stages.
- What is Mutual Capital Partners's typical check size?
- Mutual Capital Partners typically writes checks of $1M.
- What sectors does Mutual Capital Partners focus on?
- Mutual Capital Partners focuses on Digital Health, Healthtech, Medical Devices.
- Where is Mutual Capital Partners located?
- Mutual Capital Partners is headquartered in Cleveland, US.
From the blog
visit blog ↗Mutual Capital Partners has recently invested in and tracked growth at healthcare technology companies, including leading a $11M Series A for scalp cooling innovation and following robotic-assisted cochlear implant technology advancement milestones. AI summary
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