Gauge Capital

Gauge Capital is a Southlake, Texas-based middle-market private equity firm partnering with founders to build specialized healthcare and tech-enabled service businesses. The firm is generalist-leaning but has consistent healthcare service exposure. AI is not a dedicated thesis. Limited public information on specific fund sizes is included in the source data, but Gauge is a recognized middle-market sponsor in the lower end of the buyout spectrum.

Check sizes are $5M-$25M at the growth stage, suitable for control investments in companies with several million dollars of EBITDA and clear platform potential. Geographic deployment is primarily U.S., with concentration in service businesses that can be scaled through M&A. Specific portfolio companies are not listed in the source data. Founders should expect a buyout-style process with significant focus on management continuity and add-on pipeline.

For physician AI founders, Gauge becomes relevant only when the underlying business is a tech-enabled clinical services operator, not a pure software product. The right profile is a founder-CEO running a profitable, multi-site healthcare services business considering partial liquidity and platform expansion via roll-up. Pre-revenue AI tool builders should not approach Gauge.