Venture Capital

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Southern Capitol Ventures

Southern Capital Ventures focuses on early stage technology firms in the Southeast and Mid Atlantic. The firm typically invests $75k to $1MM initially.

Southern Capitol Ventures logo

Southern Capitol Ventures

Southern Capital Ventures focuses on early stage technology firms in the Southeast and Mid Atlantic. The firm typically invests $75k to $1MM initially. Since its inception, SCV has made 26 investments and 6 portfolio exits.

General information

Firm type

Venture Capital

Year founded

2000

AUM

Undisclosed

Location

Region

North America

Country

United States

City

Raleigh

Corporate office

Raleigh, United States

Principals

Ben Brooks

Founding Partner

Jason Caplain

General Partner

David Rose

Principal

Sector focus

Enterprise Software

Frequently asked questions

Who ran investment decisions at Southern Capitol Ventures?

Founding partner Ben Brooks led the firm alongside general partner Jason Caplain, who brought operator experience from Red Hat's pre-IPO finance group. Principal David Rose sourced deals and represented the partnership on boards including ArtusLabs and AVIcode.

Why did Southern Capitol Ventures close operations?

The firm's website states that SCV I and SCV II were fully liquidated and operations ceased as of December 2024. No additional disclosure indicates whether the closure was due to partnership sunset provisions, lack of a successor fund raise, or a strategic decision to wind down.

Did Southern Capitol Ventures invest outside North Carolina?

Yes. While the firm was anchored in Raleigh and concentrated on Research Triangle companies, it also invested along the broader East Coast — portfolio holdings included Rhode Island-based AVIcode and Maryland-based ArtusLabs.

Was Southern Capitol Ventures a single-family office?

No. The firm operated as a venture capital manager raising committed funds from limited partners, not as a family office deploying proprietary wealth. Its structure, team composition, and fund-lifecycle disclosures are consistent with a conventional early-stage venture firm.

What happened to the portfolio companies after the wind-down?

SCV I and SCV II were fully liquidated, meaning portfolio positions were exited or distributed to limited partners before the December 2024 closure. The firm's site provides a contact mechanism for former limited partners but does not list any remaining direct holdings.

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