Investor profile

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Service Provider Capital

Micro-fund

USB2B SaaSAI/MLFintechHealthtechCybersecurityDeep TechEnterpriseConsumerOther

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Investment thesis

Service Provider Capital is a venture capital fund that co-invests in Seed and Series A deals led by institutional venture capital firms. Its limited partners are among the most knowledgeable, respected, and best-connected service providers in the industry — including lawyers, bankers, and accountants — who make themselves available to portfolio companies with no strings attached. The fund does not negotiate terms, take board seats, or request special rights, and covers its own legal fees. Beyond capital, Service Provider Capital increases portfolio companies' reach by connecting them with potential investors, customers, strategic partners, and key hires through its LP and CEO networks.

Notable quotes

10 years and 550+ investments later (across six regions!), we finally got around to upgrading the Service Provider Capital website.

Jody Shepherd · LinkedIn post by Jody Shepherd · 2025

Team

Jody Shepherd

Founder & Managing Director, Rocky Mountain

B2B SaaSDeep TechAI/ML

Noah Pittard

Founder & Special Advisor

B2B SaaSEnterprise

Galen Mason

Managing Director, Midwest

B2B SaaSEnterprise

Doug Spear

Managing Director, Southeast

FintechConsumerHealthtech

Ned Hill

Managing Director, Southeast & Texas

B2B SaaSHealthtechEnterprise

Phil Gager

Managing Director, New England

B2B SaaSFintechDeep Tech

Recent investments

CompanyRoundSizeDate
GreenlightSeries A
StordSeed
SonderMindSeed
AutomoxSeed
MagicSchoolSeed2023
Loft OrbitalSeed
TovalaSeed
Relay PaymentsSeed
Red CanarySeed
BOPA Precision AgricultureSeed2026

Frequent co-investors

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