VC firm
MHS Capital
Also known as MHS Capital Partners CE, MHS Capital Partners CE, LLC, MHS Capital Partners G, MHS Capital Partners G, LLC, MHS Capital Partners IN, MHS Capital Partners IN, LLC, MHS Capital Partners ST, MHS Capital Partners ST, LLC
- Investor type
- VC
- Investing status
- Activeas of 2026-09-17Source (opens in a new tab)
- Headquarters
- San Francisco, CA, United States
- Assets under management
- $284MForm ADV private fund GAV, as of 2026-03-31Source (opens in a new tab)
- Funds
- 6
- Check size
- $1M to $3MSource (opens in a new tab)
- Legal name
- MHS CAPITAL MANAGEMENT III, LLC
Record updated 30 September 2026
About
We are EARLY-STAGE INVESTORS backed by TECH ENTREPRENEURS . We work closely with visionary founders building the next-generation of CATEGORY DEFINING COMPANIES .
Investment approach
- Thesis
- People First We believe the strongest partnerships, in both investing and in life, are ones that put people first. We invest a lot of time and energy in getting to know you and your vision to change the world, and this relationship-focused philosophy has enabled us to recruit an exceptional group of entrepreneurs, operators and industry veterans to be your mentors, advisors, and long-term partners as you build the next generation of category-defining companies. Act with Conviction Conviction is core to our approach. We make fewer, bigger bets on visionary entrepreneurs. When we are passionate about your team, technology and mission to change the world, we will go to great lengths to help make your dream a reality. Be Intellectually Honest Our goal is to be smart money. We know where we can help and where we cannot; we invest accordingly.Source (opens in a new tab)
- Reserves policy
- we do reserve capital for follow-on capacity.
- Eligibility
- The best way to get in touch with us is through a mutual connection because entrepreneurs referred to us by trusted colleagues are our highest priority. If we do not have any mutual contacts, please make sure you've reviewed the FAQ , and if you believe your company is a good fit given our investment strategy, please email a short executive summary to .
- Investing status notes
- We make 2-5 new investments each year.
Funds
- MHS Capital Partners ST, LLC
- $55.2MVintage 2026, SPV, SEC amount sold
- MHS Capital Partners IN, LLC
- $6MVintage 2026, SPV, SEC amount sold
- MHS Capital Partners CE, LLC
- $3MVintage 2026, SPV, SEC amount sold
- MHS Capital Partners G, LLC
- $5.5MVintage 2018, Main fund, SEC amount sold
- MHS CAPITAL PARTNERS III, L.P.
- Main fund
- MHS CAPITAL PARTNERS CA, LLC
- Main fund
SEC registration
- Registered adviser
- MHS CAPITAL MANAGEMENT III, LLC
- CRD number
- 308886 (opens in a new tab)
- SEC file number
- 802-118784
- Registration
- Exempt reporting adviser
- Regulatory AUM
- $284Mas of 2026-03-31
- Private funds reported
- 2
- Principal office
- SAN FRANCISCO, CA, United States
- SEC CIK
- 1739292, 2132946, 2132975
Locations
- Office
- San Francisco, CA, United States