# Justin Gray

> Justin Gray is a seed investor at In Revenue Capital (Scottsdale) backing SaaS and Software. See 5 investments, check sizes, portfolio. Updated Aug 2026.

- Type: Angel Investor
- Fund: [In Revenue Capital](https://shizune.co/investors/profile/in-revenue-capital)
- Location: Scottsdale, United States
- Total investments: 5
- Last investment: Jun 2026
- Lead investor: 20%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/in/inrevenue/
- X (Twitter): https://twitter.com/Jgraymatter
- Website: http://inrevenue.capital
- Facebook: https://www.facebook.com/jgraymatter

Justin Gray is an award-winning 5X entrepreneur and CEO who has made a career of launching and scaling companies, guiding them to successful exits of over 500MM. In 2018, Justin began investing in B2B startups directly through Graymatter Ventures, and as a Limited Partner, in now over a dozen venture funds.In 2021 after his final exit as anoperator, GTM consultancy LeadMD’s acquisition by Private Equity, Justin co-founded In Revenue Capital. Now as the firm’s Managing Partner, Justin and his team couple GTM expertise with capital allocation to empower seed-stage B2B vertical SaaS standouts through a first of its kind model called Operator-Immersive capital. Justin is a strong voice for pragmatic entrepreneurship, Partner-Led Growth, and the creation of intentional performance culture. As a recognized speaker and thought leader, Justin has presented at top industry conferences and has been published over 500 times in publications including columns in Fast Company, Entrepreneur, & Inc. Justin and his wife Jennifer married in 2014, they have a son named like a superhero, Grayson (Gray), and a daughter, Declan, who’s destined to be a rockstar – they are the reasons he works as if their lives depend on it.

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| SaaS | 2 | 40% |
| Software | 2 | 40% |
| Health Care | 2 | 40% |
| Machine Learning | 2 | 40% |
| Artificial Intelligence | 2 | 40% |

17 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 2 | 40% |
| Series A | 1 | 20% |
| Funding Round | 1 | 20% |
| Venture - Series Unknown | 1 | 20% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| United States | 4 | 80% |
| Canada | 1 | 20% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| EAIGLE | EAIGLE is an AI company that provides innovative solutions for forward-thinking leaders and problem-solvers. Trusted by all industries, we leverage advanced AI and computer vision technology to build state-of-the-art automated employee management, wellness screening, crowd monitoring, and capacity management solutions. |  | Venture - Series Unknown | Jun 23, 2026 |  |
| Nurture Boss | Nurture Boss provides marketing solutions to the Multi-Family Housing industry through custom landing pages and text message marketing. It is a powerful multifamily marketing engine that provides personalized lead nurture through text message deliverability and custom nurture pages, enabling their clients to close more deals faster and increaseresident retention. | $4M | Series A | Dec 03, 2024 |  |
| Grazzy | Grazzy is a payments platform that helps earn money, access instantly, save, and spend efficiently for front-line employees. | $4M | Seed | Jul 25, 2024 |  |
| Peerlogic | Peerlogic is the first conversational intelligence platform built for dental offices. The analytics platform provides detailed conversational insights between the practice and the patient. Conversational analytics, also known as call analytics, is the process of analyzing data points captured from human speech. It helps to identify trends,predict revenue outcomes, and provide best practices. The result is actionable intelligence that improves the dental practice’s bottom line. Conversational analytics can be used to adjust business strategy. Data provides the "why" behind what's working, what's not. By understanding the "why" practice owners are empowered with data-driven information that can be used to adjust business goals, objectives and tactics. | $15.2M | Seed | Jan 10, 2024 |  |
| Helia Care | Helia Care, Inc. is a highly-specialized software company whose innovative cloud-based platform is an industry first. The comprehensive HIPAA-compliant software solution is specifically designed to provide a platform for hospitals and implant manufacturers to connect and work together to realize cost-savings initiatives. Helia Connect™ brings allstakeholders into a collaborative environment and provides both facilities and suppliers with a digital platform to automate and regain control of the costly and time-consuming activities associated with procurement. Helia Connect™ produces measurable cost-savings, efficiencies and accountability before, during and after surgery.Helia Connect™ provides an efficient, sustainable and scalable platform to address the current unfulfilled needs in orthopedic, spine, cardiovascular and other implant type surgeries. | $3M |  |  |  |

5 of 5 investments shown.

## Co-investors
- [Copper Sky Capital](https://shizune.co/investors/profile/az-vc) — VC Fund, 3 deals together
- [Cervin Ventures](https://shizune.co/investors/profile/cervin-ventures) — VC Fund, 2 deals together
- [Habanero Ventures](https://shizune.co/investors/profile/habanero-ventures) — VC Fund, 2 deals together
- [Boreal Ventures](https://shizune.co/investors/profile/boreal-ventures) — VC Fund, 1 deal together
- [Iron Skillet Partners](https://shizune.co/investors/profile/iron-skillet-partners) — VC Fund, 1 deal together
- [Next Coast Ventures](https://shizune.co/investors/profile/next-coast-ventures-2) — VC Fund, 1 deal together

## About In Revenue Capital

VC Fund · Scottsdale, United States

In Revenue Capital couples decades of GTM expertise, with capital, to empower Founders and their Startups with what they need to grow and succeed.

2 contacts available at In Revenue Capital.

| Name | Title | Profile |
| --- | --- | --- |
| Justin Gray | Co-Founder and Managing Partner | https://shizune.co/investors/profile/justin-gray-3d6a |
| Josh Wagner | Co-Founder and Partner | https://shizune.co/investors/profile/josh-wagner |

## Similar investors

### Similar stage
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund
- [Right Side Capital Management](https://shizune.co/investors/profile/right-side-capital-management) — VC Fund

## FAQ

### What does Justin Gray invest in?

Justin Gray invests primarily in SaaS, Software and Health Care startups, most often at Seed and Series A stage. Most of the 5 investments tracked by Shizune back companies in United States. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did Justin Gray last invest?

The most recent investment recorded for Justin Gray closed in Jun 2026. Shizune tracks 5 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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