# Spindletop Capital Management

> Spindletop Capital Management is a VC fund backing Medical, Health Care and Hospital. See 4 investments, check sizes, portfolio. Updated Sep 2026.

- Type: VC Fund
- Total investments: 4
- Last investment: May 2020
- Lead investor: 75%
- Last fund: Jul 2016
- Last updated: Sep 2026

Spindletop Capital Management is a VC fund focused on Medical and Health Care.

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Medical | 3 | 75% |
| Health Care | 3 | 75% |
| Hospital | 1 | 25% |
| Medical Device | 1 | 25% |

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Series D | 1 | 25% |
| Series E | 1 | 25% |
| Debt Financing | 1 | 25% |
| Private Equity | 1 | 25% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Interventional Pain Management | Address: 110 Stone Oak Pkwy, San AntonioTX78258Main Phone: 210-268-0129Business Email: paindoc@sapaindoc.comBusiness Website: http://www.sapaindoc.comInterventional Pain Management under the guidance of Dr. Urfan Dar offers a unique approach to avoid chronic pain to maintain quality of life. Helping people alleviate backand neck pain in San Antonio and New Braunfels we are the best pain management doctors and specialists in the area. Call us today for a consultation.Services: Pain Management, Minimally Invasive Laser Spine Surgery Hours: Mon to Fri 8:00 AM to 5:00 PM , Sat & Sun : Closed Payment Methods: amex, debit, mc, discover, visa | $100M | Private Equity | May 01, 2020 |  |
| HNI Healthcare | HNI Healthcare (formerly Hospitalists Now) is a technology-enabled physician practice management company focused on the delivery of full-service facility-based physician programs to improve the quality of patient care. The Company’s physicians, processes and technologies enable healthcare facilities to improve key quality and performance metricsthrough a more clinically integrated care model. | $33.3M | Series E | Jan 23, 2018 |  |
| Qspex Technologies | QSpex Technologies, Inc. has developed a unique and patented method to produce high quality premium lenses right in your office. It’s simple, cost effective and, above all, the lenses and treatment options provide the high quality you demand for your patients. All lens treatments are pre-applied to the inside surface of each mold and transfer tobecome part of the lens during the polymerization (curing) process. | $34.5M | Debt Financing | Jul 17, 2015 |  |
| Qspex Technologies | QSpex Technologies, Inc. has developed a unique and patented method to produce high quality premium lenses right in your office. It’s simple, cost effective and, above all, the lenses and treatment options provide the high quality you demand for your patients. All lens treatments are pre-applied to the inside surface of each mold and transfer tobecome part of the lens during the polymerization (curing) process. | $20.5M | Series D | Jun 07, 2012 |  |

4 of 4 investments shown.

## Co-investors
- [Essex Woodlands Healthcare Partners](https://shizune.co/investors/profile/essex-woodlands-health-ventures) — VC Fund, 2 deals together
- Bison Capital Asset Management — VC Fund, 1 deal together
- [Sante Ventures](https://shizune.co/investors/profile/sante-ventures) — VC Fund, 1 deal together

## Similar investors

### Similar stage
- [Sigma Partners](https://shizune.co/investors/profile/sigma-partners) — VC Fund
- [EDBI](https://shizune.co/investors/profile/edbi) — VC Fund
- [Trifecta Capital Advisors](https://shizune.co/investors/profile/trifecta-capital-advisors) — VC Fund

## FAQ

### What does Spindletop Capital Management invest in?

Spindletop Capital Management invests primarily in Medical, Health Care and Hospital startups, most often at Series D and Series E stage. Most of the 4 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 Spindletop Capital Management last invest?

The most recent investment recorded for Spindletop Capital Management closed in May 2020. Shizune tracks 4 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 Sep 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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