Hesperia Capital is a U.S.-focused venture capital firm investing growth equity in mission-driven, profit-oriented companies with recently achieved, run-rate or visible near-term profitability. It typically invests $1 million to $5 million in convertible preferred stock as a minority investor with protective provisions and has acted as a lead investor in a pre-Series A round. The firm is relevant for early-stage founders in health, wellness, medical devices, senior care, IoT, water, environmental services, cleantech, sustainability and real estate.