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Stellus Capital Management

Venture debt

Bethesda · Growth · 2 people tracked

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Investment thesis

Stellus focuses on the lower middle market, offering flexible capital solutions where its team began investing over 20 years ago. Drawing on experience in credit, private equity, restructuring, and operations, the firm emphasizes quick and reliable underwriting, certainty to close, and constructive engagement throughout the life of each investment. Its partner group has worked together for over two decades, collectively holding 350+ years of principal investing experience and having deployed more than $10.3 billion in lower middle market credit and equity investments across multiple cycles and industries, with a track record of low loss ratios and strong returns for investment partners.

Invests inSector AgnosticBethesdaHoustonUnited States

Source: firm website, verified Aug 11, 2026.

Stage
Growth
HQ
Bethesda, US
Instruments
Debt · Equity
Founded
2012
AUM
$3.5B
Tracked investments
193

Team · 2 people

from the firm's website

What they invest in

from 11 of 193 portfolio companies

Advanced Manufacturing ×2Consumer ×2E-commerce ×2Enterprise Software ×2Hardware ×2Marketing Tech ×2SaaS ×2Circular Economy ×1

HQs:United States×6

Investments · 193 tracked

founders shown can be your intro path

By year:2018 · 12015 · 12 dated

2X
2X 2
3Pillar Global
829 Studios
Abrasive Products Equipment
Active Minerals
Ad Net
Adams Publishing Group
AdCellerant
Advanced Barrier Extrusions
Agt Robotics
Aircraft Performance Group
American Refrigeration
Amerit Fleet
Amika Eva Nyc
Anne Lewis Strategies
Apex Environmental
Arborworks
Arthur Murray International
Atco Industries
Atkins Nutritionals
Aurora Snowman Holdings
Baker Manufacturing
Bart Associates
Bds Solutions
Becker's Healthcare
Behavioral Innovations
Beneplace
Bishop Lifting
Blackhawk Miningblackhawkmining.com

Blackhawk Mining is a producer and supplier of metallurgical coal used in steel manufacturing, serving steel producers and industrial users in the United States and on three other continents.

Advanced ManufacturingEnergyNew Materials

BoardPavel Tykač

Bromford Industries
Cafe Valley Bakery
Calero Software
Cancos Tile
Carlson Systems Southern Fastening
Cars Protection Plus
Catapult Learning
Cbc
Colford
Combined Catererscombinedcaterers.com

Combined Caterers is a catering services provider offering food and event services across venues in Raleigh and Charlotte, North Carolina, and Charleston, South Carolina.

ConsumerFoodTechRaleigh, US

Commentsold
Comodo
Compass Health
Completecase
Compost
Construction Supply Holdings
Copilot
Cpap
Craftable
Credit Bureau Connection
Dealers Transmission Exchange
Dmdsystemsdmdsystems.comin

DMD Systems provides IT Asset Disposition (ITAD) services, including secure asset removal, logistics, data sanitization and destruction to NAID AAA and NIST standards, reuse-first refurbishment/resale, and R2v3-certified recycling.

Circular EconomyCybersecurityEnterprise Software

Domaille Engineering
Douglas Products
Dr. Scholl's
Dresser Natural Gas Solutions
Dyntek
Eating Recovery Center
Elder Care Homecare

Premium senior home care agency serving New York, New Jersey, Connecticut, and Massachusetts, offering personal care, companionship, skilled nursing, memory care, and rehabilitation.

Elliott Aviation

Portfolio news

latest coverage across their companies

Frequently asked questions

What stage does Stellus Capital Management invest at?
Stellus Capital Management invests at the Growth stage.
What sectors does Stellus Capital Management focus on?
Stellus Capital Management focuses on Sector Agnostic.
Where is Stellus Capital Management located?
Stellus Capital Management is headquartered in Bethesda, US.

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