RC Capital (formerly River Cities Capital Funds) is a lower middle market private equity and growth equity firm building high-potential healthcare companies across medical devices, healthcare services, and healthcare IT. The firm is based in Cincinnati, Ohio and was founded in 1994.
Their most common stage is growth (56% of deals). Average disclosed round size is $32.9M (across 8 rounds with reported amounts).
Portfolio
8
Fund Size
$250M
Top Stage
Growth
Last 12 Mo
0
Team
Daniel Fleming
Managing Partner
J. Carter McNabb
Managing Partner
Robert Heimann
Managing Partner
R“
Rurik “Rik” Vandevenne
Managing Partner
Patrick Dunnigan
Partner
Portfolio Breakdown
Stage Distribution
Investment Activity
DealsAvg Round Size
Portfolio
9 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Avive Solutions | Growth | $56.5M | Apr 2024 |
| AAvive | Growth | $56.5M | Apr 2024 |
| EEndodontic Practice Partners | Growth | $20M | Apr 2024 |
| AAvive | Growth | $56.5M | Jan 2024 |
| CCognitive Research Corporation Crc | Growth | — | Nov 2022 |
 Netsertive, Inc. | Unknown | $24M | Dec 2015 |
| SSmartsignal | Unknown | $12M | Oct 2001 |
| SSpr Therapeutics | Unknown | $25M | — |
| NNico | Unknown | $12.5M | — |
Top Co-Investors
Laerdal Million Lives Fund3 shared
Health Catalyst Capital3 shared
Mutual Capital Partners1 shared
Revelation Partners1 shared
Rock Health1 shared
Stephens Group1 shared
River Cities Capital Funds1 shared
Last updated: 14 September 2026