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Grayhawk Capital

North America, Arizona, United States, Scottsdale

Description

Grayhawk Capital is a well-established venture capital firm based in Scottsdale, Arizona, with a history dating back to its founding in 1999. The firm primarily focuses on investing in early and growth-stage technology companies that demonstrate proven technology, robust management teams, and significant market potential. Grayhawk Capital typically deploys initial investments ranging from $3 million to $10 million, while also reserving additional capital for subsequent follow-on rounds to support portfolio companies through various stages of their development.

The firm's investment strategy is sector-agnostic within the broader technology landscape, showing a particular interest in areas such as Software-as-a-Service (SaaS), FinTech, Cybersecurity, Artificial Intelligence/Machine Learning (AI/ML), Healthcare IT, and Cloud Infrastructure. Geographically, while Grayhawk Capital maintains a primary focus on the Southwest United States, they are open to considering compelling investment opportunities across the entire nation. Their approach emphasizes partnering with companies that are poised for substantial growth and disruption within their respective markets.

Grayhawk Capital is currently investing out of its Grayhawk Capital III fund, which commands a total of $100 million in committed capital. Since its inception, the firm has built a substantial portfolio, having invested in over 50 companies. This extensive track record underscores their deep experience in identifying and nurturing promising technology ventures. Beyond capital, Grayhawk Capital aims to provide strategic guidance and leverage its extensive network to help accelerate the growth and success of its portfolio companies, positioning them for successful exits and long-term value creation.

Investor Profile

Grayhawk Capital has backed more than 43 startups, with 3 new investments in the last 12 months alone. The firm has led 14 rounds, about 33% of its total and boasts 11 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series A, Series B, Series C rounds (top funding stages).
  • Majority of deals are located in United States.
  • Strong thematic focus on Software, SaaS, Information Technology.
  • Led 1 rounds in the past year.
  • Typical check size: $3M – $10M.

Stage Focus

  • Series A (44%)
  • Series B (26%)
  • Series C (12%)
  • Series Unknown (7%)
  • Series G (5%)
  • Grant (2%)
  • Series E (2%)
  • Series D (2%)

Country Focus

  • United States (100%)

Industry Focus

  • Software
  • Saas
  • Information Technology
  • Enterprise Software
  • Health Care
  • Analytics
  • Marketing
  • Financial Services
  • Email
  • Telecommunications
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Grayhawk Capital frequently co-invest with?

Vista Ventures
North America, Colorado, United States, Boulder
Co-Investments: 5
Vertical Venture Partners
North America, California, United States, Menlo Park
Co-Investments: 3
Appian Ventures
North America, Colorado, United States, Denver
Co-Investments: 3
Peninsula Ventures
North America, California, United States, San Mateo
Co-Investments: 7
Highway 12 Ventures
North America, Idaho, United States, Boise
Co-Investments: 3
Adams Street Partners
North America, Illinois, United States, Chicago
Co-Investments: 4
Benhamou Global Ventures
North America, California, United States, Palo Alto
Co-Investments: 5
CB Health Ventures
North America, Massachusetts, United States, Boston
Co-Investments: 3
Solstice Capital
North America, Massachusetts, United States, Salem
Co-Investments: 3
Kickstart
North America, Utah, United States, Salt Lake City
Co-Investments: 8

Which angels does Grayhawk Capital often collaborate with?

TC
North America, California, United States, San Francisco
Shared Deals: 1
JK
North America, California, United States, San Clemente
Shared Deals: 1
JJ
North America, Utah, United States, Provo
Shared Deals: 1
Shared Deals: 1
SV
North America, California, United States, San Francisco
Shared Deals: 1
PK
North America, California, United States, San Francisco
Shared Deals: 1
Derek Andersen
North America, California, United States, Palo Alto
Shared Deals: 1

What are some of recent deals done by Grayhawk Capital?

Opanga Networks

Seattle, Washington, United States

Opanga Networks specializes in delivering machine learning-powered network modernization.

AppsInformation TechnologyMachine LearningTelecommunications
Series UnknownApr 15, 2025
Case Status

North Charleston, South Carolina, United States

Case Status operates as a cloud-based, client engagement tool for the legal services industry.

Cloud Data ServicesLegalLegal TechProfessional ServicesSaaS
Series BOct 8, 2024
Amount Raised: $19,700,000
Medicom Technologies

Raleigh, North Carolina, United States

Medicom is a SaaS Healthcare IT company.

Health CareHealth DiagnosticsInformation TechnologySaaSSoftware
Series UnknownJul 25, 2024
Mindset Medical

Phoenix, Arizona, United States

Mindset Medical is a Health Care Company that develops a platform for clinical information.

Health CareHospitalInformation Technology
Series AJun 6, 2024
FINDMINE

New York, New York, United States

FindMine is the leading solution for generating "on-brand" content in the retail industry - seen by over 100M shoppers/month

AnalyticsArtificial Intelligence (AI)E-CommerceInternetMachine LearningRetailRetail Technology
Series AApr 30, 2024
Amount Raised: $8,900,000
Bacon

Provo, Utah, United States

Bacon develops a gig-work app that connects established businesses to local gig workers.

AppsHuman ResourcesInformation Technology
Series AAug 4, 2022
Amount Raised: $8,886,773
Claravine

Lehi, Utah, United States

Claravine helps connect, standardize, and govern marketing data that adapt to changing business needs.

AnalyticsData IntegrationEnterprise SoftwareMarketing
Series BMay 16, 2022
Amount Raised: $16,000,000
REACH

San Francisco, California, United States

REACH reinvents digital customer experience by allowing companies to conduct remote transactional meetings with clients

Business Information SystemsCustomer ServiceDigital SignageEnterprise SoftwareIdentity ManagementInformation ServicesSaaSSoftware
Series AMar 24, 2022
Amount Raised: $7,000,000
Tagboard

Redmond, Washington, United States

Tagboard is a software platform aggregating social media content from multiple networks for end-users, brands and marketers.

ContentContent CreatorsMedia and EntertainmentSaaSSocial MediaSoftwareTV ProductionVideo Streaming
Series AFeb 22, 2022
Amount Raised: $8,000,000
Zight (formerly CloudApp)

San Francisco, California, United States

Zight is a visual work communication tool for organizations to easily create, upload, and manage visual content.

Cloud Data ServicesEnterprise SoftwareFile SharingProductivity Tools
Series AJan 25, 2022
Amount Raised: $9,300,000