Who We Are

River Cities is a growth equity firm investing in high-potential companies at the intersection of healthcare and technology. We seek to be a business partner first and a capital provider second, investing significant human capital to leverage our domain expertise, a network of healthcare thought leaders and deep relationships with health systems assembled over our 27-year history.

With more than $750 million of capital raised and a consistent track record of success, the firm has established itself as a preferred source of growth capital. We are actively seeking new portfolio companies for our $200M Fund VI.

 

Business Models

  • Healthcare Services
  • Medical Devices
  • Healthcare IT

Stage

  • Growth Equity and Buy and Build 
  • Check Size: $5M – $20M initial investment

Investment Focus

Targeting Companies That

The History of River Cities

1994

Founders Glen Mayfield and Ted Robinson form River Cities Capital Funds and launch $43M Fund I

1994
1999

River Cities $82M Fund II Launched

1999
1999

Carter McNabb and Ed McCarthy, Managing Directors, Join the River Cities Team

1999
2001

River Cities $134M Fund III Launched

2001
2001

Dan Fleming, Managing Director, Joins Team

2001
2004

Rob Heimann and Rik Vandevenne, Managing Directors, Join the River Cities team

2004
2006

River Cities Fund $120M IV Launched

2006
2013

River Cities Celebrates 20th Anniversary with Launch of $200M Fund V

2013
2015

River Cities Invests in 100th Portfolio Company

2015
2018

River Cities Fund $200M VI Launched

2018

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