Capital Eleven
Capital Eleven is a Meridian, Idaho-based multi-strategy investment and advisory firm that operates four business lines — venture capital (70+ active portfolio companies), private equity (13+ operating businesses), real estate, and M&A advisory through Capital Eleven Advisors — serving founders, mid-market business owners, and LP investors primarily across the Treasure Valley and Pacific Northwest.
- Company typePrivate
- Founded2009
- HeadquartersMeridian, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Capital Eleven does
Capital Eleven is a privately held, founder-led multi-strategy investment and advisory firm headquartered in Meridian, Idaho. Founded in 2009 by Travis Hawkes and David K. Gardner — who met as business students at Boise State University — the firm operates across four business lines: venture capital (seed and early-stage investing in approximately 70+ active portfolio companies spanning B2B SaaS, fintech, AI, and other sectors), private equity and operating company management (13+ owned and operated businesses in verticals including auto lending, sports retail, snack food, hospice, construction, and protective services), real estate investment and development, and M&A advisory through its Capital Eleven Advisors arm launched in early 2025. The firm manages multiple limited partnership investment vehicles spanning venture capital, real estate, fixed income, and private equity asset classes.
The firm generates revenue through management fees on its LP vehicles, carried interest from venture exits, success-based M&A advisory fees on transactions ranging from $5 million to $100 million, capital placement fees for equity and debt raises of $250,000 to $5 million, and operating revenue from its owned and operated subsidiary businesses. Its go-to-market combines high-touch direct advisory relationships, structured inbound pitch submissions via its website, and a proprietary event ecosystem including the Founder Series (recurring fireside chats) and the annual Seed to Growth Conference in Sun Valley, Idaho. Capital Eleven has executed 60+ venture capital and private equity transactions and draws on 25+ years of cumulative transaction advisory experience across its team of 15-20 professionals. The firm's core customer segments are early-stage Pacific Northwest startup founders seeking seed capital, mid-market business owners requiring M&A advisory and exit planning, institutional investors participating in its LP vehicles, and operators partnering on business acquisitions — with a geographic focus on the Treasure Valley (Idaho) and broader Pacific Northwest region.
Capital Eleven firmographics
Firmographics- Name
- Capital Eleven
- Legal name
- Capital Eleven
- Website
- https://capitaleleven.com
- Company type
- Private
- Founded year
- 2009
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Capital Eleven is a Meridian, Idaho-based multi-strategy investment and advisory firm that operates four business lines — venture capital (70+ active portfolio companies), private equity (13+ operating businesses), real estate, and M&A advisory through Capital Eleven Advisors — serving founders, mid-market business owners, and LP investors primarily across the Treasure Valley and Pacific Northwest.
- Ownership category
- akta.pro rank
Capital Eleven industry classification
Industry- Product category
- Private Equity & Venture Capital
- NAICS
- Portfolio Management and Investment Advice (523940), Portfolio Management and Investment Advice (52394)
- SIC
- Investment Advice (6282), Security Brokers, Dealers & Flotation Companies (6211)
- akta.pro primary industry
- Corporate Finance & Capital Advisory (BPAHADAB)
- akta.pro secondary industries
- Institutional Capital Introduction (LP/Family Office/Endowment Matching) (FSAEALAI), Equity Capital Advisory (Private Equity Placements, Growth Capital) (BPAHAOAE), Sector-Focused Venture Capital (Vertical Specialists) (FSANAAAD), Capital Raising Advisory (Debt/Equity/Private Capital) (BPAHADAG)
Keywords
Where Capital Eleven is headquartered
LocationHeadquarters
- HQ city
- Meridian
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Capital Eleven business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Others
Revenue model
- Limited Partnership Management Fees: Capital Eleven manages multiple Limited Partnership investment vehicles across venture capital, real estate, fixed income, and private equity asset classes, generating management fees and carried interest from LP capital.
- M&A Advisory Fees: Capital Eleven Advisors provides full-suite M&A advisory, strategic advisory, and corporate finance services for deals ranging from $5 million to $100 million in size and equity/debt capital placements from $250 thousand to $5 million. Fees are success-based and tailored to each client's transaction.
- Operating Company Revenue (PE Portfolio): Capital Eleven operates a portfolio of companies it started and built (Capital Auto Loan, Pro Image Sports, Teton Valley Brands, Click Capital Now, Quick Custom Intelligence, Echelon Protective Services, Aggregate Construction, Hospice Innovation Partners, Art of the Earth, Urness Industries) and partners with operators on acquiring existing businesses, retaining either majority or minority ownership.
- Investment Returns and Exits: Capital appreciation from a venture portfolio of approximately 70+ active investments plus realized exits (Natural Intelligence, Simply Eloped, On It, DropIn Gaming, CraveTech, ChatterQuant, Brite). Exit portfolio demonstrates realization path through acquisition.
Go-to-market motion4 records
Distribution channels3 records
Marketing channels6 records
Capital Eleven product offering
Product offeringCore offering
Capital Eleven is a multi-strategy investment firm that operates companies it has built, invests in early-stage venture capital, partners with operators on acquiring and growing businesses, and provides M&A advisory services. The firm manages limited partnership investment vehicles spanning venture capital, real estate, fixed income, and private equity asset classes, and operates Capital Eleven Advisors for M&A transactions ranging from $5 million to $100 million.
Product overview
Capital Eleven operates as a multi-line investment and advisory platform rather than a single unified software product. Its core offering is the Venture Capital investing arm (an active portfolio of 50+ startups in B2B SaaS, fintech, AI, and related sectors), supported by the Private Equity / Operating arm (operating and acquiring businesses) and Capital Eleven Advisors (the M&A advisory service launched in early 2025 for $5M–$100M transactions). Beyond capital deployment, the firm runs community-building event products — the Founder Series and the annual Seed to Growth Conference in Sun Valley, Idaho — that complement its investing and advisory work.
Differentiator
Problem solved
Functional benefit
Brands
- Capital Eleven Advisors: Full-suite M&A advisory, strategic advisory, and corporate finance services arm launched in early 2025, built on Capital Eleven's venture capital and private equity competencies, focused on deals ranging from $5M to $100M and capital placements from $250K to $5M.
Products and services
- Venture Capital Investing Early-stage venture capital investing in innovative startups and high-growth companies at the forefront of technological advancements and disruptive solutions, with an active portfolio of approximately 70+ companies across B2B SaaS, fintech, AI, and other sectors. Targeted at visionary entrepreneurs and founders raising seed or early-stage capital.
- Private Equity / Operating Operates companies Capital Eleven started and built, and partners with other operators in acquiring existing businesses. Flexible deal structures include majority and minority ownership with long-term or short-term hold periods, targeting businesses brought to market by retiring owners and addressing succession risk across 13+ operating portfolio companies.
- Capital Eleven Advisors (M&A Advisory) Full suite of M&A advisory services including mergers & acquisitions for transactions ranging from $5 million to $100 million, strategic advisory for shareholder value maximization, and corporate finance placement of equity and debt capital from $250 thousand to $5 million, leveraging 25+ years of transaction advisory experience and 60+ executed VC/PE transactions. Targeted at mid-market business owners in the Treasure Valley and broader Pacific Northwest.
Quantifiable outcome
- Successfully executed over 60 venture capital and private equity transactions across multiple asset classes
- +2 more outcomes
Companies that use Capital Eleven
Customer profileSegments4 records
Ideal customer profiles4 records
Capital Eleven technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Capital Eleven partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Pacific Northwest VC ecosystem (Seattle, Portland, Boise)coreCapital Eleven is profiled as an active Pacific Northwest venture capital firm within the 2026 regional VC ecosystem guide covering Washington, Oregon, and Idaho. The Boise-based firm is part of a region that generated nearly $2 billion in early-stage funding, with Seattle positioned as the sixth-largest US tech hub focused on B2B SaaS, cloud infrastructure, and applied AI. Region-specific funding advantages include federal R&D tax credits restored under the One Big Beautiful Bill Act, Oregon's SSBCI-backed venture program, and Idaho's business-friendly tax environment alongside Micron's $6.4 billion CHIPS Act-backed semiconductor expansion in Boise.
Scale indicators8 records
Recent moves7 records
Expansion highlights6 records
Capital Eleven competitors and assessment
Company assessmentDirect peers
- Kickstart Fund: Utah-based seed-stage VC that co-led Crew's $3.8M seed round alongside Capital Eleven. Comparable as a Mountain West seed investor with similar check sizes and stage focus.
- Lucas Venture Group: Led BoldHue's $3.37M seed round with Capital Eleven participating. Comparable early-stage investor active across consumer/tech with regional West Coast reach.
- Next Frontier Capital: Montana/Idaho-focused early-stage VC firm that led GetWhys' $2.75M seed round (in which Capital Eleven participated). Direct peer in regional PNW seed-stage investing with overlapping portfolio companies.
- EPIC Ventures: Salt Lake City-based VC firm that led GetWhys' $5.2M oversubscribed Seed II round with Capital Eleven participating. Comparable as a regional seed/early-stage investor active in the PNW/Mountain West.
- Portland Seed Fund: Portland-based seed-stage VC that participated in GetWhys' Seed II. Direct peer in PNW seed investing with similar thesis of supporting regional founders.
- Tacoma Venture Fund: PNW-focused early-stage fund that co-invested alongside Capital Eleven in Karus and BoldHue. Comparable Pacific Northwest seed-stage investor.
- StageDotO: StageDotO participated in OurPetPolicy's $8M Series A alongside Capital Eleven. Comparable as an emerging VC active in the Boise/Idaho ecosystem.
Broad incumbents
- Alliance of Angels: Seattle-based angel network investing across the PNW. Comparable as a broader regional early-stage capital source overlapping with Capital Eleven's seed deal flow.
- Cascadia Capital: Seattle-based independent investment bank focused on M&A advisory across the PNW. Comparable to Capital Eleven Advisors' M&A advisory business for mid-market transactions, though larger in scale.
Emerging players
- Holt Venture Partners: Boise, Idaho-based early-stage venture firm. Direct geographic peer in the Treasure Valley ecosystem, comparable to Capital Eleven's local seed-stage investing focus.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
Capital Eleven social profiles
Digital presenceCapital Eleven financial estimates
Financial estimateRevenue estimate
Valuation estimate
Capital Eleven leadership team
Management profileNumber of profiles
Profiles14 records
Capital Eleven subsidiaries and ownership
Company hierarchySubsidiaries11 records
Capital Eleven funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Capital Eleven M&A and investment
M&A and investmentM&A
Investments33 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Capital Eleven
What does Capital Eleven do?
Capital Eleven is a multi-strategy investment firm that operates companies it has built, invests in early-stage venture capital, partners with operators on acquiring and growing businesses, and provides M&A advisory services. The firm manages limited partnership investment vehicles spanning venture capital, real estate, fixed income, and private equity asset classes, and operates Capital Eleven Advisors for M&A transactions ranging from $5 million to $100 million.
Is Capital Eleven a public or private company?
Capital Eleven is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Capital Eleven founded?
Capital Eleven was founded in 2009. It employs 11 to 50 people.
Where is Capital Eleven based?
Capital Eleven is headquartered in Meridian, United States, in the North America region.
How does Capital Eleven make money?
Four revenue lines are on record. Limited Partnership Management Fees are the primary driver. The others are M&A Advisory Fees, operating Company Revenue (PE Portfolio) and investment Returns and Exits.
Who are Capital Eleven's main competitors?
Direct peers on record are Kickstart Fund, Lucas Venture Group, Next Frontier Capital, EPIC Ventures, Portland Seed Fund, Tacoma Venture Fund and StageDotO. Broad incumbents are Alliance of Angels and Cascadia Capital. Holt Venture Partners is listed as an emerging player.
Does Capital Eleven have an API?
No public API is recorded for Capital Eleven.
What industry is Capital Eleven in?
Capital Eleven's product category is Private Equity & Venture Capital. Its primary akta.pro industry code is BPAHADAB, Corporate Finance & Capital Advisory, with a secondary code of FSAEALAI, Institutional Capital Introduction (LP/Family Office/Endowment Matching). Its NAICS code is 523940 and its SIC code is 6282.