Investments
190Portfolio Exits
54Funds
8Partners & Customers
2About RC Capital
RC Capital is a growth equity firm building high-potential healthcare companies by leveraging the unique interplay of its segments of focus: devices, services, and HCIT. It was founded in 1994 and is based in Cincinnati, Ohio.
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Expert Collections containing RC Capital
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Find RC Capital in 1 Expert Collection, including Agriculture Technology (Agtech).
Agriculture Technology (Agtech)
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Companies that are using technology to make farms more efficient
Latest RC Capital News
Apr 14, 2023
ModifyHealth , an Atlanta, GA-based innovative food-as-medicine platform and provider of medically tailored meals, raised an undisclosed funding from VTC Ventures. VTC was a strategic addition to its Series B funding led by RC Capital and Nashville Capital Network. Middleland Capital is also a member of the investment syndicate. The company intends to use the funds for continued growth of its food-as-medicine solutions and for further expansion of its nationwide operations to deliver meaningful patient outcomes. Working directly with patients and partnering with payors, employers, and healthcare systems, ModifyHealth’s FIT™ (Foundation, Immersion, Transition) program decreases cost and improves outcomes for chronic conditions like type 2 diabetes, hypertension, kidney disease, obesity, and irritable bowel syndrome, where dietary management is a recommended treatment. The company is led by Founder & CEO G.B. Pratt. FinSMEs
RC Capital Investments
190 Investments
RC Capital has made 190 investments. Their latest investment was in ModifyHealth as part of their Series B on January 1, 2023.
RC Capital Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
1/10/2023 | Series B | ModifyHealth | $10M | Yes | 4 | |
10/25/2022 | Recap | Cognitive Research | Yes | 3 | ||
9/21/2022 | Series C | NICO | $12.5M | No | RC Capital, and Undisclosed Investors | 4 |
4/4/2022 | Series D | |||||
10/6/2021 | Series D |
Date | 1/10/2023 | 10/25/2022 | 9/21/2022 | 4/4/2022 | 10/6/2021 |
|---|---|---|---|---|---|
Round | Series B | Recap | Series C | Series D | Series D |
Company | ModifyHealth | Cognitive Research | NICO | ||
Amount | $10M | $12.5M | |||
New? | Yes | Yes | No | ||
Co-Investors | RC Capital, and Undisclosed Investors | ||||
Sources | 4 | 3 | 4 |
RC Capital Portfolio Exits
54 Portfolio Exits
RC Capital has 54 portfolio exits. Their latest portfolio exit was TaskEasy on November 01, 2022.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
|---|---|---|---|---|---|
11/1/2022 | Acquired | 6 | |||
8/22/2022 | Acquired | 16 | |||
10/21/2021 | Acquired | 3 | |||
Date | 11/1/2022 | 8/22/2022 | 10/21/2021 | ||
|---|---|---|---|---|---|
Exit | Acquired | Acquired | Acquired | ||
Companies | |||||
Valuation | |||||
Acquirer | |||||
Sources | 6 | 16 | 3 |
RC Capital Acquisitions
3 Acquisitions
RC Capital acquired 3 companies. Their latest acquisition was Carolina Partners in Mental Healthcare on September 27, 2018.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
|---|---|---|---|---|---|---|
9/27/2018 | Acq - Fin | 2 | ||||
4/15/2008 | Private Equity | |||||
4/4/2008 | Private Equity |
Date | 9/27/2018 | 4/15/2008 | 4/4/2008 |
|---|---|---|---|
Investment Stage | Private Equity | Private Equity | |
Companies | |||
Valuation | |||
Total Funding | |||
Note | Acq - Fin | ||
Sources | 2 |
RC Capital Fund History
8 Fund Histories
RC Capital has 8 funds, including River Cities Capital Fund VII.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
|---|---|---|---|---|---|
1/18/2022 | River Cities Capital Fund VII | $161M | 1 | ||
8/2/2019 | River Cities Capital Fund VI | ||||
5/20/2014 | River Cities Capital Fund V | ||||
12/19/2008 | River Cities Capital Fund II | ||||
3/31/2008 | River Cities Capital Fund IV |
Closing Date | 1/18/2022 | 8/2/2019 | 5/20/2014 | 12/19/2008 | 3/31/2008 |
|---|---|---|---|---|---|
Fund | River Cities Capital Fund VII | River Cities Capital Fund VI | River Cities Capital Fund V | River Cities Capital Fund II | River Cities Capital Fund IV |
Fund Type | |||||
Status | |||||
Amount | $161M | ||||
Sources | 1 |
RC Capital Partners & Customers
2 Partners and customers
RC Capital has 2 strategic partners and customers. RC Capital recently partnered with Flexcare on August 8, 2021.
Date | Type | Business Partner | Country | News Snippet | Sources |
|---|---|---|---|---|---|
8/24/2021 | Partner | United States | OKLAHOMA CITY , Aug. 24 , 2021 / PRNewswire / -- FlexCare , a patient-first platform of ambulatory infusion centers , announced a partnership with River Cities Capital , a healthcare-focused growth equity firm , to accelerate FlexCare 's regional expansion across Oklahoma and Alabama . | 1 | |
8/24/2021 | Partner |
Date | 8/24/2021 | 8/24/2021 |
|---|---|---|
Type | Partner | Partner |
Business Partner | ||
Country | United States | |
News Snippet | OKLAHOMA CITY , Aug. 24 , 2021 / PRNewswire / -- FlexCare , a patient-first platform of ambulatory infusion centers , announced a partnership with River Cities Capital , a healthcare-focused growth equity firm , to accelerate FlexCare 's regional expansion across Oklahoma and Alabama . | |
Sources | 1 |
RC Capital Team
7 Team Members
RC Capital has 7 team members, including current Managing Director, Daniel T. Fleming.
Name | Work History | Title | Status |
|---|---|---|---|
Daniel T. Fleming | Managing Director | Current | |
Name | Daniel T. Fleming | ||||
|---|---|---|---|---|---|
Work History | |||||
Title | Managing Director | ||||
Status | Current |
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