St. Cloud Capital
Venture capitalLos Angeles · Growth–Late Stage · 2 people tracked
Also known as St. Cloud Capital Ii, Llc
Investment thesis
St. Cloud Capital provides growth capital to lower middle market companies in the United States, typically those with annual revenues between $10 million and $150 million. It invests $5-20 million across the full capital structure, including senior secured debt, subordinated debt, and preferred and common equity. The firm pursues both control and non-control investments and partners with strong management teams or experienced industry entrepreneurs. It operates across a broad range of industries.
Source: firm website, verified Aug 11, 2026.
Team · 2 people
from the firm's websiteWhat they invest in
from 21 of 26 portfolio companiesConsumer ×6Hardware ×4Healthtech ×4Medical Devices ×4GovTech ×3SaaS ×3Advanced Manufacturing ×2AI & Machine Learning ×2
HQs:United States×10Croatia×1
Investments · 26 tracked
founders shown can be your intro pathLexitas provides technology-enabled legal support services—including court reporting, record retrieval, process service, and legal talent staffing—to law firms, insurance companies, TPAs, and corporations.
AI & Machine LearningLegalTechSaaS
Apple Montessori Schools operates year-round Montessori preschool, daycare, and elementary programs for children from infancy through sixth grade, combining Montessori methods with phonics-based early reading instruction.
EdTech
Apposite Technologies develops network testing software, including its Netropy line for network emulation, traffic generation, and all-in-one security testing (CyberAttack).
CybersecurityDeveloper Tools
PartnerBenjamin Hom· solo GP
Atomica is a U.S.-based microfabrication foundry providing rapid prototyping and scalable production of MEMS, photonics, sensors, and biotechnology devices.
Deep TechHardwareSemiconductors
Autura (formerly AutoReturn) provides a vehicle tracking and towing management system used by law enforcement agencies and communities to locate towed vehicles.
GovTechLogistics & Supply ChainSaaS
Irvine, US
Eric Baum(Director)Scott Cannon(Chief Executive Officer)Neda Imbimbo(Executive Officer)Nicholas Kovacevich(Director)Dallas Imbimbo(Director)Michael Dean(Director)
Blufox Mobile operates branded retail stores as a Comcast XFINITY dealer, selling XFINITY mobile and cable services to consumers across the United States.
ConsumerRetail Tech
Burke Williams operates day spas offering massages, facials, hydrotherapy, and body treatments alongside resort-style amenities.
ConsumerWellness & Fitness
Catawba Research is a contract research organization (CRO) that manages and executes clinical trials for pharmaceutical, medical device, formulation development, and biotechnology companies.
BiotechHealthtechMedical Devices
Duncan Solutions provides parking and tolling management services for U.S. municipalities and transportation authorities, including citation processing, permit management, debt collection, violation management, and back-office transaction processing.
GovTechMobility & TransportationSaaS
Integrated Diagnostic Services (IDS) invests in and operationally supports mobile diagnostic providers, offering growth capital, shared infrastructure, and leadership to expand point-of-care diagnostics in skilled nursing, long-term care, and home health settings.
Digital HealthHealthtechMedical Devices
Intuitive develops robotic-assisted surgical systems, including the da Vinci systems for minimally invasive surgery and the Ion system for bronchoscopy.
HealthtechMedical DevicesRobotics
Life Spine designs and manufactures spinal implants and surgical devices covering pathology from the occiput to the sacrum, serving spine surgeons and their patients.
HardwareHealthtechMedical Devices
Sodali advises business leaders on managing shareholder and stakeholder relationships, offering services such as activist ownership analysis, corporate governance, and stakeholder communications.
Enterprise Software
Museum of Illusions is a chain of privately held museums featuring interactive optical illusion exhibits and photo experiences for visitors of all ages.
ConsumerMedia & EntertainmentTravel & HospitalityZagreb, HR
Orangetheory operates a chain of fitness studios offering group workouts combining full-body strength training and cardio, using OTconnect technology to adapt each session to a member's fitness level.
ConsumerSports TechWellness & Fitness
Revive Infrastructure Group is the parent company of Excel Utility Contractors and Crown Utilities, providing design and engineering, construction, installation, maintenance, and project management services for critical infrastructure.
Construction TechEnergy
Sentinel provides electronic monitoring for criminal justice and community corrections agencies, combining GPS and alcohol-monitoring hardware (such as the OM500 tracker, breath alcohol devices, RF home monitoring, and SCRAM CAM), the SentinelDNA analytics software and mobile apps, and services like case management, cognitive skills programming, and substance abuse screening.
AI & Machine LearningGovTechHardware
Superior Huntingdon Composites manufactures glass-reinforced continuous filament mat and surfacing veil materials for the global composites market.
Advanced ManufacturingHardwareNew MaterialsHuntingdon, US
Tuff Shed designs and builds customizable storage sheds, garages, and custom buildings, offering models with a range of sizes, colors, and features.
Advanced ManufacturingConstruction TechConsumer
Exits · 1
IPOs and acquisitions across the tracked portfolioPlanetfitnessNYSE: PLNT
Fund performance · per public LP disclosures
as of Jun 2025| Fund | Vintage | Committed | Net IRR | TVPI | DPI |
|---|---|---|---|---|---|
| St. Cloud Capital Partners IILPs: Los Angeles City Employees' Retirement System | 2006 | — | -4.2% | 1.40x | 1.39x |
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
- What stage does St. Cloud Capital invest at?
- St. Cloud Capital invests at the Growth, Late Stage stages.
- What is St. Cloud Capital's typical check size?
- St. Cloud Capital typically writes checks of $5M – $20M.
- What sectors does St. Cloud Capital focus on?
- St. Cloud Capital focuses on Sector Agnostic.
- Where is St. Cloud Capital located?
- St. Cloud Capital is headquartered in Los Angeles, US.
- Does St. Cloud Capital lead rounds?
- Yes, St. Cloud Capital leads investment rounds.
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