# Bluestem Capital: portfolio, investments and team > Bluestem Capital is a private equity based in United States. 11 investments on record, latest Oct 2019. Portfolio, stages, co-investors and team. Source: https://millionrounds.com/fund/bluestem-capital-company-llc (Millionrounds; every figure on the page links to its filing or article) United States · [Investor](https://millionrounds.com/investors) # Bluestem Capital Filed with the SEC to raise a fund in May 2026, closing $1M. Last cheque observed Oct 2019. Follow Bluestem Capital and see its new cheques in your feed. [Sign up free](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fbluestem-capital-company-llc) Quiet New fund $545K, May 2026 Private equity Seed Series A Series B Social Social Network Cheques on record **0%** of best year **0** **cheques in 12 months**, 11 on record Since the last cheque **2561** days **00** hrs **00** min **00** sec Median round **$13M** Rounds led **0 of 11** Sole investor **2 rounds** Mostly in **United States, 100%** Pitch Bluestem Capital ## Bluestem Capital highlights - 01 11 rounds on record - 02 Mostly Series A and Venture: 80% of its rounds - 03 Sole investor in 2 rounds, median $1.0M ## What they do > Filed 6 private fund offerings with the SEC, the most recent in 2023-04 From their own website - **Type:** Private equity (from a list, unverified) - **Cheque size:** Not stated - **Stages:** Seed Series A Series B Growth - **Sectors:** Social Social Network - **Based in:** Sioux Falls, United States - **Cold pitches:** Not stated ## The record Every round we can evidence, newest first **11 appearances** - **2019** 1 round - **Oct** **[Clarify Medical](https://millionrounds.com/company/clarify-medical)** Series A · US · FinSMEs **$18M** With 3 others - **2018** 1 round - **May** **[Tear Film](https://millionrounds.com/company/tear-film)** Series B · US · FinSMEs **$8.5M** With 1 other - **2017** 1 round - **May** **[Tear Clear](https://millionrounds.com/company/tear-clear)** Series A · US · FinSMEs **$4.5M** With 1 other - **2016** 1 round - **Jun** **[SpringCM](https://millionrounds.com/company/springcm)** US · FinSMEs **$18M** With 2 others - **2015** 3 rounds - **Aug** **[Virtual Incision Corp (VIC)](https://millionrounds.com/company/virtual-incision-corp-vic)** Venture · US **$11M** With 1 other - **Jul** **[Montessorium](https://millionrounds.com/company/montessorium)** Series A · US **$1.0M** Sole investor - **Jun** **[Water Planet](https://millionrounds.com/company/water-planet)** Series B · US **$8.4M** With 2 others - **2014** 1 round - **Dec** **[Conventus Orthopaedics](https://millionrounds.com/company/conventus-orthopaedics)** Series A · US **$24M** With 4 others - **2010** 1 round - **Nov** **[Virtual Incision Corp (VIC)](https://millionrounds.com/company/virtual-incision-corp-vic)** Series A · US · fis.dowjones.com **$3.9M** With 1 other - **2004** 1 round - **Dec** **[Renutra Natural Health Products](https://millionrounds.com/company/renutra-natural-health-products)** Venture · US **Undisclosed** Sole investor - **2002** 1 round - **Oct** **[Alteer](https://millionrounds.com/company/alteer)** Venture **$9.4M** With 4 others An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor. ## The team Named by the firm itself, on a filing, its Form ADV or its company registration **8 named** AK **Andrew K. Doshier** Executive Officer i Filing they signed DD **Drew Doshier** Executive Officer i Filing they signed JK **Jon K. Kirby** Executive Officer i Filing they signed NL **Nikole Lee Mulder** Member, Vice President i Form ADV SK **Sandra K. Horst** Executive Officer i Filing they signed SK **Sandy Kay Horst** Member, Chief Financial Officer, Secretary, Treasurer, Chief Compliance Officer i Form ADV ST **Steve Thomas Kirby** Mr. Kirby is an officer of the Issuer, and also the Managing Member of Bluestem Capital Company, L.L.C., the Managing Member i Filing they signed TJ **Tyler James Stowater** Member, Vice President i Form ADV We also hold **15** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them. ## What the register says From the firm's own filings with the SEC, which it must file accurately by law **$122M** gross assets of its funds Oct 2026 **Exempt** reporting adviser venture or small private funds - **Legal name:** Bluestem Capital Company, LLC - **SEC number:** CRD 158461 ## What they claim to have backed From their own portfolio page (on their website) **6** of 14 we have independently watched raise [LENTECHS](https://millionrounds.com/company/lentechs)[Orasis Pharmaceuticals](https://millionrounds.com/company/orasis-pharmaceuticals)[Shoulder Innovations,](https://millionrounds.com/company/shoulder-innovations)[SpringCM](https://millionrounds.com/company/springcm)[Sydnexis](https://millionrounds.com/company/sydnexis)[Zerigo Health](https://millionrounds.com/company/zerigo-health) Continental Realty Advisors InSet™ glenoid design Newton SYNQ3 Solarity by EDCO Surface Pharmaceuticals Virtual Incision Corporation Virun Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded. New fund on file **$545K** raised in May 2026 From its SEC filing, not a journalist: a firm that has just raised has money to deploy. ## The cheque Seed Series A Series B Median round joined **$13M** the round, not its cheque Alone, median **$1.0M** Led 0 of 11 rounds **0%** - **Sole investor:** 2 rounds - **Last cheque:** Oct 2019 Rounds by stage said on their site - Series A said *5* - Venture *3* - Series B said *2* - Seed said *-* - Growth said *-* Cheques by year Led Joined 2002 2019 Often in the room with - [PrairieGold Venture Partners](https://millionrounds.com/fund/prairiegold-venture-partners) 2 - [Visionary Ventures Fund](https://millionrounds.com/fund/visionary-ventures-fund) 2 **Pitching Bluestem Capital?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque. Add to your CRM *→* ## Who they invest alongside The investors most often in the same rounds as Bluestem Capital. A count of rooms they were both in, not a relationship either has claimed. [**PrairieGold Venture Partners** VC firm **2** rounds together](https://millionrounds.com/fund/prairiegold-venture-partners)[**Visionary Ventures Fund** VC firm **2** rounds together](https://millionrounds.com/fund/visionary-ventures-fund) ## Recently backed The latest companies Bluestem Capital put money into. [**Tear Clear** $4.5M · May 2017](https://millionrounds.com/company/tear-clear) ## Quick answers about Bluestem Capital ### What does Bluestem Capital invest in? Bluestem Capital invests most often at Series A and Venture (80% of the rounds on record), in sectors such as Social and Social Network. ### How active is Bluestem Capital? 11 investments on record, 0 of them in the last 12 months. The most recent was in Oct 2019. ### What has Bluestem Capital invested in recently? Its most recent investments on record: Clarify Medical (Series A, Oct 2019), Tear Film (Series B, May 2018) and Tear Clear (Series A, May 2017). ### How big are Bluestem Capital's cheques? The median round it joins is $13M. ### Does Bluestem Capital lead rounds? Rarely, if at all: none of its 11 investments on record names it as the lead. ### Where does Bluestem Capital invest? Most of the companies it backs are in the United States (100%). ### Is Bluestem Capital investing now? No investments in the last 12 months; the latest was in Oct 2019. ### Who does Bluestem Capital invest alongside? Most often PrairieGold Venture Partners (2 rounds together) and Visionary Ventures Fund (2 rounds together). ## Raising now? Find the investors who back rounds like yours, and keep every conversation on one fundraising board. Find similar investorsOpen your CRM Built from the rounds we watched, its filings and its own website, refreshed every night. 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