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Key people at Mutual Capital Partners.
Mutual Capital Partners was founded in 2005 by Wayne Wallace (Co-Founder, General Partner) and Bill Trainor (Co-founder, General Partner, and Managing Director).
Mutual Capital Partners functions as a venture capital fund, investing in early-stage software and medical device companies throughout the Midwest. The firm provides strategic capital and hands-on guidance, actively assisting entrepreneurs in developing their concepts into successful businesses. They offer fundraising support and networking, leveraging dedicated resources and expertise to accelerate portfolio growth.
Co-founded in 2004 by Bill Trainor and Wayne Wallace, Mutual Capital Partners emerged from their extensive experience in the startup, advisory, and investment industries. This collective insight into the scarcity of regional venture capital prompted the establishment of a firm committed to leading investments in promising Midwest-based companies.
The fund primarily targets ambitious entrepreneurs and early-stage ventures within the software and medical device sectors, seeking driven partners poised for expansion. Mutual Capital Partners' vision is to foster innovation and contribute to regional economic development by supplying essential capital and strategic backing to emerging Midwest companies.
Key people at Mutual Capital Partners.
Mutual Capital Partners was founded in 2005 by Wayne Wallace (Co-Founder, General Partner) and Bill Trainor (Co-founder, General Partner, and Managing Director).
Mutual Capital Partners has 15 tracked investments across 10 companies. The latest tracked deal is $15.0M Other Equity in Catalyst OrthoScience in October 2025.
