RiverCities Capital Funds

RiverCities Capital Funds is a Cincinnati-based growth equity firm that partners with established healthcare and information technology companies located outside coastal technology hubs. Its healthcare activity covers care delivery and tech-enabled services as well as MedTech, with portfolio orientation favoring businesses that have already proven a working business model and are seeking growth capital to scale through subsequent stages. The firm’s profile fits founders running mature companies with real revenue and a clear plan for accelerating growth efficiently.

The firm invests at Series A, Series B, and growth stages with check sizes typically in the five to twenty-five million dollar range, reflecting comfort taking meaningful positions in companies where the operational playbook is already partially proven. Geographic preference is oriented toward the Midwest, Mid-Atlantic, and Southeast, with the firm explicitly focused on companies operating outside the traditional coastal venture markets. The growth equity orientation means diligence focuses on revenue durability, customer concentration, and operational efficiency rather than the early-stage signals that drive seed and Series A decisions.

For founders, RiverCities offers capital paired with operational perspective oriented around scaling efficient healthcare and software businesses. Diligence is thorough and focuses on the durability of recurring revenue, retention dynamics, and the management team’s capacity to execute through the next phase of growth. Partners are accustomed to working substantively with management teams on questions of pricing, sales efficiency, and capital allocation. The strongest fits are founders running proven businesses outside coastal hubs who want a regionally aligned capital partner with a long-term horizon. There is limited public information regarding specific partner names attached to the fund.