Mutual Capital Partners
Westlake, Texas, United StatesFounded 2004
Mutual Capital Partners is a Cleveland, Ohio-area venture capital firm founded in 2004 that invests in early-stage software and medical device companies across the Midwest. The firm partners with post-revenue companies that have $1 million+ in run-rate revenue and high gross margins.
52% of their portfolio is in Healthcare. Average disclosed round size is $15.6M (across 19 rounds with reported amounts).
Portfolio
15
Fund Size
—
Top Stage
Series B
Last 12 Mo
0
Team
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
21 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Cooler Heads Care | Series A | $11M | Jul 2025 |
 Olio | Series B | $11M | May 2025 |
 Olio Health | Series B | $11M | May 2025 |
| Olio Health | Series B | $11M | Jan 2025 |
 Catalyst Orthoscience | Growth | $20M | Nov 2023 |
 iotaMotion | Series A | $12M | Jul 2023 |
 Authenticx | Series B | $20M | Jan 2023 |
 Elevation Spine | Series B | $11M | Sep 2022 |
| Olio | Series B | — | Sep 2021 |
 eBlu Solutions | Series A | $11.4M | Apr 2021 |
 Checkpoint Surgical | Growth | $16M | Jan 2021 |
 Orthalign | Series D | $10M | Sep 2017 |
 RevLocal | Unknown | $3.5M | Jan 2016 |
| Orthalign | Growth | $15M | Jan 2014 |
| Orthalign | Series B | $56M | Jan 2014 |
| OOrthohelix Surgical Designs | Unknown | $2M | Jun 2009 |
| OOrthohelix Surgical Designs | Unknown | $7.3M | May 2008 |
| SSpr Therapeutics | Unknown | $25M | — |
| Olio Health | Series A | $13M | — |
 CSIRO | Unknown | — | — |
 TYBR Health | Series A | $30M | — |
Top Co-Investors
RC Capital6 shared
Fulcrum Equity Partners5 shared
CRG2 shared
Providence Ventures2 shared
Beringea1 shared
Altos Ventures Management, Inc.1 shared
M251 shared
High Alpha1 shared
Blue Heron Capital1 shared
Elevate Ventures1 shared
Run Ventures1 shared
Crescent Ridge Partners1 shared
Stanford's StartX Fund1 shared
BDT & MSD Partners1 shared
Astia Angels1 shared
Gaingels1 shared
Urban Innovation Fund1 shared
NuFund Venture Group1 shared
Golden Seeds1 shared
Friends & Family Capital1 shared
Last updated: 20 October 2026