vcvibes

Service Provider Capital

Service Provider Capital Midwest Fund III, LP

Open, writing first checksEmerging manager

Open: first sale Oct 2023, per Form D (fund age approximates vintage)

Vintage
2023
Fund size
$2.34M to $6M (Form D)
Stages
Seed, Series A
Sectors
Not stated
Regions
US

01 · Thesis

Service Provider Capital co-invests in Seed and Series A startups led by institutional venture capital firms. It does not negotiate terms or ask for board seats, and it offers founders access to its LP and CEO networks for investor, customer, and strategic partner introductions.Inferred from the firm's website

02 · Initial check

$23K to $100K (estimated from fund size)

Estimated from Form D: $2.34M sold of a $6M target

03 · Who to approach

Named on this fund's Form D

  • JOSEPH SHEPHERD, MANAGING DIRECTOR OF THE GENERAL PARTNER

04 · Deals

No deals attributed to this fund yet.

05 · Evidence

  • Firm-wideService Provider Capital co-invests in Seed and Series A deals led by institutional venture funds.

    We co-invest in Seed and Series A deals led by institutional Venture Capital Firms.
    https://www.serviceprovidercapital.com/

06 · Sources

  1. https://www.serviceprovidercapital.com/
  2. https://www.sec.gov/Archives/edgar/data/1991857/000199185723000001/

Last verified: Oct 28, 2026