HCAP Partners
Overview
HCAP Partners is a private equity firm providing mezzanine debt and equity to lower-middle-market companies across the United States, with a focus on the Western region. The firm is a recognized impact investor, specializing in sectors such as healthcare, technology, services, and manufacturing, and utilizes its 'Gainful Jobs Approach™' to improve job quality.
Investments
| Company | Date | Stage | Lead |
|---|---|---|---|
| Lumifi Cyber | Aug 2022 | Early Funding | Lead |
| Saphyre, Inc. | Mar 2022 | Series A | Lead |
| Xevant | Feb 2024 | Series A | Co-investor |
| DYPER | Oct 2020 | Series B | Co-investor |
| Puzzle Healthcare | Dec 2025 | Early Funding | Lead |
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Key People
Billie Jo Nutter
Operating Partner
Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.
FAQ
Where is HCAP Partners based?
HCAP Partners is headquartered in La Jolla, California, United States.
When was HCAP Partners founded?
HCAP Partners was founded in 2000.
How many portfolio companies does HCAP Partners have?
HCAP Partners has 16 portfolio companies in Caplight's dataset.
What are some companies in HCAP Partners's portfolio?
Portfolio companies visible on Caplight include Lumifi Cyber, Saphyre, Inc., Xevant, DYPER, Puzzle Healthcare.
What was HCAP Partners's most recent investment shown here?
HCAP Partners's most recent investment in this portfolio sample was in Puzzle Healthcare in 2025.
What sectors does HCAP Partners focus on?
HCAP Partners focuses on Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Consumer & Commerce, Consumer & Commerce, Healthcare & Life Sciences, Cybersecurity, Enterprise Software, Healthcare & Life Sciences, Healthcare & Life Sciences, Consumer & Commerce, Energy & Sustainability, Healthcare & Life Sciences, FinTech, Energy & Sustainability, Enterprise Software, AI, Data & Cloud Infrastructure, Real Estate & PropTech, Enterprise Software, Enterprise Software, Frontier & Industrial Tech, Energy & Sustainability, Enterprise Software, Enterprise Software, Media, Entertainment & Gaming, Enterprise Software.
What company stages does HCAP Partners focus on?
HCAP Partners typically invests at the MultiStage stage.
What is HCAP Partners's AUM?
HCAP Partners's assets under management are estimated between $670.0M and $1.0B.