Portfolio
MCPF IV
Authenticx
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Authenticx enables healthcare organizations to access and activate customer interaction data at scale. Their technology aggregates information from email, chat, Facebook, video, screen capture, audio and 3rd party vendors that organizations already receive and applies AI and machine learning to analyze large volumes of data. This allows Authenticx customers to quickly and easily identify trends in customer attrition or adoption, mitigate regulatory noncompliance risk and increase the capacity of their human resources.
iotaMotion
iotaMotion is standardizing cochlear implant insertion, expanding access to cochlear interventions for both surgeons and patients. iotaMotion's solutions aim to standardize surgery by creating a suite of integrated capabilities to provide robotic precision, operative data analytics, and real-time guidance across a wide range of applications, beginning with cochlear implants. In 2021, the company received FDA clearance for the iotaSOFT Insertion System, a revolutionary, robotic-assistance device designed for precise, controlled electrode insertion.
MCPF III
Catalyst OrthoScience
Catalyst OrthoScience provides orthopedic surgeons with innovative medical solutions that make orthopedic surgery less invasive and more efficient. The Catalyst CSR is a single-tray shoulder arthroplasty system containing a non-spherical humeral implant for consistent anatomic joint line restoration, and specialized glenoid instrumentation with a revolutionized implant design for a less invasive approach.
Checkpoint Surgical
Checkpoint Surgical provides surgeons with state-of-the-art neurodevices to locate and identify nerves and evaluate nerve and muscle excitability in surgical procedures. Their handheld, nerve stimulation and monitoring devices give surgeons real time, reliable and reproducible data regarding nerve structures in the surgical field.
eBlu Solutions
eBlu Solutions is a healthcare technology company with software enabling efficient workflows and mitigating risks for independent group practices in performing benefit verifications, prior authorizations, and manufacturer co-pay assistance programs for expensive drug infusion treatments.
Elevation Spine
Elevation Spine has developed interbody spinal fusion implants. The company uses a proprietary Saber technology to develop minimally invasive spinal fusion devices. The company currently has the Saber-C product on the market. The Saber-C is comprised of an anterior cervical plate and fixation options; this device provides a proprietary single-step integrated fixation for spinal procedures.
Olio Health
Olio Health has created a platform for post-acute case management that modernizes operations, providing a digital platform for communication and tracking of patients in post-acute care. Population health teams can simplify case management efforts with post-acute providers, operationalize value-based care, get real-time feedback and intervene when appropriate.
Redi.Health
Redi.health is a B2B health management platform which utilizes a portfolio of simplified health tools that are valuable for a patient’s overall health and everyday life. These tools create a daily engagement environment that is perfectly suited to connect Pharmaceutical Manufacturer support and patients.
SPR Therapeutics
SPR Therapeutics provides pain management technology through the SPRINT PNS System, a breakthrough treatment uniquely designed to recondition the central nervous system for significant and sustained relief from chronic and acute pain. SPR’s patented, innovative non-opioid and non-surgical approach allows physicians to preferentially stimulate specific nerve fibers to maximize pain relief during and after the 60-day therapy.
MCPF II
Enosix
Enosix is mobilizing tomorrow's enterprise software experience by customizing the delivery of a companys 's data at the touch of a finger. Unlike any other solution, the enosiX framework allows development of native applications and features offline capabilities. Users can create, read, update, and delete in real-time while significantly reducing IT costs with the elimination of middleware.
OrthAlign
OrthAlign provides orthopedic surgeons with user-friendly, cost-effective, precision alignment technology and products. The company's technology raises the standard of care in Total Knee and Total Hip Arthroplasty surgeries by making consistent and measurable results accessible to all surgeons, hospitals, and patients. OrthAlign provides simple and precise technical alignment solutions for a broad range of orthopedic procedures.
RevLocal
RevLocal is a leader in personalized digital marketing for small and medium sized businesses. By pairing businesses with a dedicated digital strategist and a powerful backend platform, RevLocal delivers seamless local search marketing validated by thousands of existing customers and discovered daily by new ones.
Vox Mobile
Vox Mobile is a leading provider of managed mobility services, focused on mid-size and small enterprise customers. The company's unique end-to-end mobility solution combines software and services, encompassing the full mobility lifecycle from deployment, activation, management, and security, to applications, end-user support and reporting.
MCPF II
Enosix
Enosix is mobilizing tomorrow's enterprise software experience by customizing the delivery of a company's data at the touch of a finger. Unlike any other solution, the enosiX framework allows development of native applications and features offline capabilities. Users can create, read, update, and delete in real-time while significantly reducing IT costs with the elimination of middleware.
OrthAlign
OrthAlign provides orthopedic surgeons with user-friendly, cost-effective, precision alignment technology and products. The company's technology raises the standard of care in Total Knee and Total Hip Arthroplasty surgeries by making consistent and measurable results accessible to all surgeons, hospitals, and patients. OrthAlign provides simple and precise technical alignment solutions for a broad range of orthopedic procedures.
RevLocal
RevLocal is a leader in personalized digital marketing for small and medium sized businesses. By pairing businesses with a dedicated digital strategist and a powerful backend platform, RevLocal delivers seamless local search marketing validated by thousands of existing customers and discovered daily by new ones.
7SIGNAL
7SIGNAL is for organizations that rely on mission critical Wi-Fi to conduct business. They offer an enterprise cloud Wireless Network Monitoring (WNM) platform that continuously monitors the wireless network for performance issues – maximizing network uptime, device connectivity and network ROI.
Fund II Exits
Cleveland Heartlab
Cleveland HeartLab, purchased by Quest Diagnostics (NYSE: DGX) in 2017 is a leading diagnostics company specializing in the detection, prevention, and management of cardiovascular disease from a proprietary product pipeline licensed exclusively from the Cleveland Clinic, the global leader in cardiac health. Through its reliable group of biomarkers, Cleveland HeartLab is recognized as a leader in defining individual cardiovascular risk with the goal of educating and serving physicians, reference laboratories, wellness providers, and ultimately the individuals behind the tests.
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MCPF I
Mutual Capital Partners Fund I has been fully deployed, earning top quartile returns.
The following companies were all successfully exited:
Cardinal Commerce
Cardinal Commerce, purchased by Visa (NYSE: V) in 2016, is the pioneer and global leader in enabling authenticated payment transactions in the card-not-present payments industry, and the largest authentication network in the world. Through One Connection to the proprietary Cardinal SafeCloudTM, the company’s technology enables friction-free, technology-neutral authentication and alternative payment services (including digital wallets and mobile commerce services). Cardinal services, partners with, and complements most providers in the marketplace to deliver their One Connection solution to secure transactions. In accommodating this growing number of payment brands and methods, Cardinal's platforms serve as universal switches, supporting virtually all merchant platforms, wallets, legacy processing systems, and authentication methodologies.
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Hemosphere
Hemosphere, purchased by CryoLife (NYSE: CRY) in 2012, is leading innovation and collaboration in the global development and commercialization of technologies that revolutionize care and restore quality of life for end-stage renal disease patients with compromised vasculature. The company's HeRO vascular access device is made up of two pieces that are surgically implanted under the skin. During surgery, a reinforced tube (called the outflow component) is inserted directly into a large vein in the neck. X-ray is used to direct the tube past any blockages that have caused trouble for other access sites. A regular dialysis graft is sewn to an artery, just like a conventional graft. The graft is then joined to the outflow component with a special proprietary connector. Once the system is in place, blood will flow from the artery through the graft and outflow component into the heart. Unlike a catheter, there is continuous blood flow even when a patient is not receiving dialysis treatment.
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OrthoHelix Surgical Designs
OrthoHelix Surgical Designs, purchased by Tornier (NASDAQ: TRNX) in 2012, is a medical device company focused on developing and marketing specialty implantable screw and plate systems for the repair of small bone fractures and deformities predominantly in the foot and ankle. The OrthoHelix product line is designed specifically for orthopedic surgeons and podiatrists who surgically repair small bones. The Company's mission is to develop and deliver to surgeons innovative orthopedic implants and instruments to elevate the art of small bone surgery. OrthoHelix instruments and implants: are designed for maximum ease of use and functionality utilizing modern ergonomic principles; are engineered to protect the soft tissue surrounding small bones; are long-handled to allow surgeons to avoid excess radiation during surgery; allow minimally invasive techniques wherever possible; incorporate unique technology to improve patient outcomes.
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TGX Medical Systems
TGX Medical Systems, purchased by Integra LifeSciences (NASDAQ: IART) in 2017, develops software for healthcare instrument asset management. Their "Alex" suite is the leading supply chain management solution for the medical and surgical equipment industry and is the first web-based asset management system. A key tangible benefit of Alex is reduced costs associated with the purchase, repair, reprocessing, recalls and utilization of medical and surgical instruments and equipment. Intangible benefits of Alex include improved cooperation between the central supply departments and operating rooms, verification and assurance of proper sterilization and decontamination methods, timely delivery of care, more accurate costing of patient services, improved employee productivity, and a reduction in time spent with regulatory agencies. TGX's position as a premier healthcare industry asset management software solution is evidenced by their ever-expanding list of North American hospitals.
Read more about the exit here
Access Ventures
Founded and managed by MCP Partner Bill Trainor, below are all successfully exited companies
BeVocal
BeVocal, Inc. provides hosted customer automated self-service solutions for communications service providers and enterprise call centers. The company offers speech-based customer care solutions for the mobile communications market. It provides an integrated suite of voice and data applications, as well as voice hosting solutions. The company was acquired by Nuance Communications in April, 2007.
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Intelliden
Intelliden provides network automation solutions, which are becoming essential for enterprises to automate the configuration of thousands of manually managed network devices like hubs, routers and switches from dozens of vendors. These solutions also can automate an array of network services that are increasingly important to virtual and cloud-based applications. The company was acquired by IBM in February, 2010.
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NetKey Inc.
Netkey, Inc. was a market-leading provider of kiosk and digital signage software applications used by leading companies to deliver a growing range of multi-industry self-service applications such as gift registry, guided selling, endless aisle and human resources functions. The company was acquired by NCR in November, 2009.
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Synchronoss Technologies
Synchronoss Technologies provides multi-channel transaction management solutions for the communication and digital content marketplaces. The company went public in April, 2006.
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UpWork
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Upwork makes it simple, quick and cost-effective for clients to find, hire, work with and pay freelancers. Businesses of every size use Upwork, from one-person startups to major corporations. Upwork (formerly known as Elance-oDesk) was created in 2014 when the two pioneers in online work -- Elance and oDesk -- merged in order to combine resources, platforms and innovation. The company went public in October, 2018.
Read more about the exit here