MHS Capital
Overview
MHS Capital is a venture capital firm based in San Francisco that was founded in 2006. The firm specializes in early-stage investments (Seed, Series A, Series B) and is backed by a group of technology executives and entrepreneurs. It focuses on tech-centered industries, including software, SaaS, marketplaces, IT, media, education, and health tech. MHS Capital describes its strategy as making fewer, larger bets on visionary founders and working closely with them to build category-defining companies.
Portfolio Companies
11
Website
mhscap.comInvestments
| Company | Date | Stage | Lead |
|---|---|---|---|
| Outreach | May 2018 | Series D | Co-investor |
| Thumbtack | May 2014 | Series C | Co-investor |
| Qualio | May 2021 | Series B | Co-investor |
| Aline | Oct 2025 | Seed | Lead |
| Inflection.io | Dec 2024 | Series A | Co-investor |
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Key People
Mark Sugarman
Founding General Partner
Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.
FAQ
Where is MHS Capital based?
MHS Capital is headquartered in San Francisco, California, United States.
When was MHS Capital founded?
Founding year information for MHS Capital is not publicly available.
How many portfolio companies does MHS Capital have?
MHS Capital has 11 portfolio companies in Caplight's dataset.
What are some companies in MHS Capital's portfolio?
Portfolio companies visible on Caplight include Outreach, Thumbtack, Qualio, Aline, Inflection.io.
What was MHS Capital's most recent investment shown here?
MHS Capital's most recent investment in this portfolio sample was in Aline in 2025.
What sectors does MHS Capital focus on?
MHS Capital focuses on Mobility, Transportation & Logistics, Consumer & Commerce, Enterprise Software, Enterprise Software, Enterprise Software, Consumer & Commerce, Enterprise Software, Enterprise Software, AI, Data & Cloud Infrastructure, Enterprise Software, Healthcare & Life Sciences, Enterprise Software, Consumer & Commerce, Media, Entertainment & Gaming, Cybersecurity, AI, Data & Cloud Infrastructure, Real Estate & PropTech, Consumer & Commerce, AI, Data & Cloud Infrastructure, AI, Data & Cloud Infrastructure, FinTech, Enterprise Software.
What company stages does MHS Capital focus on?
MHS Capital typically invests at the Early stage.