Prepared by Caruso Ventures
Colorado Investor Directory
Venture capital and growth equity firms investing in Colorado's tech ecosystem.
65Investment Firms
$25B+Total AUM
1958Earliest Founded
8Investment Stages
15+CO Cities
2,500+Portfolio Companies
150+Exits Recorded
$50M+Largest Check Size
36Early-Stage Firms
19Growth / Late Stage
65Investment Firms
$25B+Total AUM
1958Earliest Founded
8Investment Stages
15+CO Cities
2,500+Portfolio Companies
150+Exits Recorded
$50M+Largest Check Size
36Early-Stage Firms
19Growth / Late Stage
Investment Firms 65 shown
Caruso Ventures
Boulder, CO · Est. 2020
Pre Seed, Seed, Series A$1M – $3M$100M – $250M AUM
Caruso Ventures provides early-stage capital to tech-enabled and deep-tech companies, with a strong emphasis on serving as the first institutional partner to technical, founder-led teams. Led by Dan Caruso and Cody Moore, the firm focuses on investments across aerospace and defense, quantum, AI/ML, creative technology, and digital infrastructure. Known for its hands-on, operator-driven approach, actively supporting founders through the earliest phases of company building.
Select Portfolio Companies: Agile Space Industries, Atom Computing, BiFrost Electronics, Boom Supersonic
Moxxie Ventures
Boulder, CO & San Francisco, CA · Est. 2019
Seed$1M – $3M$100M – $250M AUM
Moxxie Ventures is a seed-stage venture capital firm founded by Katie Jacobs Stanton, a former Twitter executive, also led by General Partner Alex Roetter. Focuses on backing exceptional founders building products designed to make life and work better, with emphasis on thoughtful design, mission-driven impact, and inclusive company building. ~1/3 of portfolio led by female founders, ~1/2 by BIPOC founders. Closed a $95M third fund in July 2024.
Select Portfolio Companies: Calm, Carta, Opendoor, Lime
Unless VC
Boulder, CO · Est. 2021
Seed, Series A, Series B$500K – $1M$250M – $500M AUM
Unless VC is an early- to growth-stage investment firm focused on re-engineering industrial systems by backing visionary founders with patient, long-term capital. Led by Trevor Zimmerman, the firm invests in next-generation industrial, manufacturing, energy, and logistics technologies. Recently closed a $90.6M climate-focused fund with a perpetual capital structure.
Select Portfolio Companies: Aether, Villa, Xwing, Vecna Robotics
FMZ Ventures
Denver, CO & San Francisco, CA · Est. 2019
Series A, Growth equity$3M – $15M$250M – $500M AUM
FMZ Ventures is a growth equity firm providing late-stage capital to companies operating within the experience economy and marketplace ecosystems. Led by Michael Zeisser, focuses on partnering with proven businesses at Series A through growth equity stages. Anchored by First Manhattan Co. and recently launched an approximately $200M fund.
Select Portfolio Companies: HeyJobs, Meru Health, Easol
Range Ventures
Denver, CO · Est. 2020
Pre Seed, Seed$1M – $3M$100M – $250M AUM
Range Ventures invests in tech-enabled and deep tech companies, primarily across Colorado and the broader Mountain West, with a focus on serving as the first institutional capital for ambitious early-stage founders. Led by Chris Erickson and Adam Burrows. Portfolio of more than 40 investments across enterprise applications, high tech, retail, and HR technology.
Select Portfolio Companies: MagicSchool, Suite Studios, Soona, GuestHouse
Matchstick Ventures
Boulder, CO & Minneapolis, MN · Est. 2015
Pre Seed, Seed$500K – $1M$50M – $100M AUM
Matchstick Ventures is an early-stage venture capital firm backing founders building technology companies in underserved startup ecosystems across the northern United States and the Rocky Mountain region. Founded by Ryan Broshar and Natty Zola. Invested in over 100 companies emphasizing high-growth software and tech-enabled businesses.
Select Portfolio Companies: StackHawk, Spekit, Branch, Soona
Delta-V Capital
Denver, CO & Dallas, TX · Est. 2009
Growth equity, Late stage> $15M> $1B AUM
Delta-V Capital is a growth equity investment firm focused on partnering with established, high-growth technology companies and providing flexible capital solutions across both primary and secondary transactions. Invests in revenue-generating businesses across enterprise software, cloud infrastructure, SaaS, data, and technology-enabled services. Typically takes minority positions.
Select Portfolio Companies: Arctic Wolf, Expensify, Teamworks, Polestar
Howdy Partners
Denver & Rural Colorado · Est. 2018
Pre Seed, Seed< $500K$50M – $100M AUM
Howdy Partners invests in bold founders building high-growth companies in rural and emerging Colorado markets, with a mission to increase access to capital and ignite economic opportunity outside major metros. Led by Cory Finney, Marc Nager, and Jamie Finney. Portfolio of approximately 45–50 companies spanning technology, data, and outdoor industry innovation.
Select Portfolio Companies: Agile Space Industries, Enroll ML, Pact
Access Venture Partners
Westminster, CO · Est. 1999
Seed, Series A$1M – $3M$100M – $250M AUM
Access Venture Partners invests in early-stage technology companies with a focus on enterprise software, cybersecurity, and data-driven businesses across Colorado and the Mountain West. Led by Kirk Holland and Frank Mendicino III. Made more than 100 investments, over 90 Colorado-based tech companies, with 25 exits spanning IPOs and acquisitions.
Select Portfolio Companies: Red Canary, Radicl, Great Sky, Bonusly
Boulder Ventures Ltd.
Boulder, CO · Est. 1995
Seed, Series A$1M – $3M$250M – $500M AUM
Boulder Ventures is an early-stage venture capital firm focused on investing in technology and life sciences companies, with a particular emphasis on being the first institutional capital into promising startups. Founded in 1995, the firm has a long history of partnering with founders through the earliest phases of company formation. Hands-on, relationship-driven approach.
Select Portfolio Companies: Althea, Cogent, Sovrn
Konvoy Ventures
Denver, CO · Est. 2017
Pre Seed, Seed, Series A$1M – $3M~$300M AUM
Konvoy Ventures is an early-stage venture capital firm focused on investing in platforms and technologies at the frontier of the gaming industry, including interactive entertainment, gaming infrastructure, and related software and tools. Founded in 2017, brings a thesis-driven, operator-oriented approach to company building. Deep sector expertise in digital entertainment.
Select Portfolio Companies: Sky Mavis, Ready Player Me, Carry1st, Genopets
Blackhorn Ventures
Denver, CO · Est. 2017
Seed, Series A$1M – $3M$250M – $500M AUM
Blackhorn Ventures is an early-stage venture capital firm focused on investing in startups building the future of climate tech, hard tech, and industrial innovations. Founded in 2016, partners with founders at the earliest stages through early growth, combining capital with operational support. Focuses on technologies that address climate challenges and enable decarbonization.
Select Portfolio Companies: ThinkLabs, Formic, Electric Era
Denver Ventures
Denver, CO · Est. 2021
Series A$1M – $3M$50M – $100M AUM
Denver Ventures is an early-stage venture firm focused on Series A investments in Colorado-based companies building differentiated products and scalable businesses with long-term potential. Founded in 2021 and led by David Prichard and Amy Brandenburg. Typically invests $1M–$2M per company. Strong emphasis on companies headquartered in or growing within Colorado.
Select Portfolio Companies: Boom Supersonic, Agile Space Industries, Aalo Atomics, Starfish Space
Hannah Grey Ventures
Denver, CO & New York, NY · Est. 2020
Pre Seed, Seed$500K – $1M$50M – $100M AUM
Hannah Grey Ventures backs customer-obsessed founders building the future of how people live, work, and connect, with a focus on emerging behavior shifts and underrepresented perspectives. Led by Kate Beardsley and Jessica Peltz Zatulove. Portfolio of approximately 40 companies emphasizing rapid user adoption and differentiated positioning.
Select Portfolio Companies: Amesa, Bestomer, Paiv, Winslow
Breaktrail Ventures
Boulder, CO & Columbus, OH · Est. 2016
Pre Seed, Seed, Series A< $500K$100M – $250M AUM
Breaktrail Ventures supports underrepresented, overlooked, and emerging founders building innovative consumer, commerce, and tech-enabled companies. Led by Jay Hirsh. Portfolio of approximately 40 companies spanning consumer brands, packaged goods, apparel, and performance-driven products. Mission to diversify entrepreneurship and expand access to early capital.
Select Portfolio Companies: Cotopaxi, Pair Eyewear, Momentous, Hammerspace
Next Frontier Capital
Bozeman, MT; Boulder, CO; Park City, UT · Est. 2015
Seed, Series A$1M – $3M$250M – $500M AUM
Next Frontier Capital is an early-stage venture capital firm focused on backing mission-driven founders building impactful technology companies across the Rocky Mountain region. Sector emphasis on AI/data, B2B software, climate tech, defense tech, fintech, and cybersecurity. Investing from Fund IV, which closed at approximately $102M.
Select Portfolio Companies: Submittable, Aumni, MeatEater, OnX
Cottonwood Technology Fund
Denver, CO; Netherlands; Germany · Est. 2010
Pre Seed, Seed$1M – $3M$250M – $500M AUM
Cottonwood Technology Fund is an early-stage venture capital firm that backs deep technology and hard science startups commercializing breakthrough innovations. Focuses on patent-rich technologies across photonics, advanced materials, nanoelectronics, robotics, quantum, and climate tech. Active in the Netherlands, Germany and the Southwest USA.
Select Portfolio Companies: Skorpios Technologies, Infinitum Electric, Circular Genomics, Team Wildfire
Bow River Capital
Denver, CO · Est. 2003
Growth equity$3M – $15M> $1B AUM
Bow River Capital is a growth equity firm focused on partnering with and empowering lower middle market companies through operationally driven capital and strategic growth support. Led by Blair E. Richardson. Invests in infrastructure and engineering services, industrial services, healthcare services, and tech-enabled business services. Recently closed its third private equity fund at approximately $590M.
Select Portfolio Companies: Anduril, Carta, Gusto, Ramp
One Funds
Colorado Springs, CO · Est. 2022
Seed, Series A, Series B$1M – $3M$250M – $500M AUM
ONE Funds is an early-to-growth stage investment firm focused on empowering underserved founders by investing in critical technology ventures that advance national security, regional economic growth, and cross-sector collaboration. Led by Kevin O’Neil. Invests in small businesses led by socially and economically disadvantaged individuals developing technologies for the U.S. defense and government marketplace.
Select Portfolio Companies: Cislunar Industries, Duality Systems, Okika Devices
Stout Street Capital
Denver, CO · Est. 2017
Pre Seed, Seed, Series A$500K – $1M$50M – $100M AUM
Stout Street Capital is an early-stage venture firm investing in pre-seed, seed, and Series A technology and B2B companies across the U.S. and Canada, with a deliberate focus outside of major tech hubs. Founded by Clay Gordon and John Francis. Portfolio spans more than 100 early-stage companies across enterprise SaaS, AI, fintech, clean tech, and robotics.
Select Portfolio Companies: Schola, WorkHound, Optera, Good United
Vision Ridge Partners
Boulder, CO · Est. 2008
Growth equity> $50M> $1B AUM
Vision Ridge Partners is a sustainable real assets investment firm focused on investing in companies and operating assets that support the global transition to cleaner energy, transportation, and agricultural systems. Founded in 2008 and based in Boulder. Deploys growth and control capital into established businesses aligned with long-term environmental impact and durable financial returns.
Select Portfolio Companies: Loch Duart, TeraWatt Infrastructure, EVGo, Earthrise Energy
Massive VC
Boulder, CO · Est. 2020
Seed, Series A, Series B$1M – $3M$250M – $500M AUM
Massive VC is a venture capital firm focused on backing deep technology and transformational companies at early scale and commercial inflection points. Founded in 2020 and based in Boulder, invests in founders building future-shaping technologies across space systems, hyperscale data and analytics, quantum technologies, energy transformation, cybersecurity, and enterprise software.
Select Portfolio Companies: SpaceX, Carta, Axiom Space, Lunar Outpost
First Mile Ventures
Colorado Springs, CO · Est. 2014
Pre Seed, Seed$500K – $1M< $50M AUM
FirstMile Ventures is an early-stage venture firm focused on backing technology founders at the first signs of traction and helping them accelerate product development, customer adoption, and scalable growth. Led by Bill Miller and Aaron Stachel. Invests in capital-efficient companies across B2B SaaS, AI and data platforms, digital health, fintech, and enterprise infrastructure.
Select Portfolio Companies: Pax8, Hedera, BurstIQ, Hero Bread
BFG Partners
Boulder, CO · Est. 2014
Pre Seed, Seed$500K – $1M$100M – $250M AUM
BFG Partners is an early-stage investment firm focused on innovative consumer brands, backing founders who are reshaping how people eat, live, and engage with modern wellness and lifestyle products. Led by Tom Spier. Invests across food, beverage, personal care, wellness, and household products, supporting companies at the earliest stages of growth.
Select Portfolio Companies: OLIPOP, Ibotta, Athletic Greens, Bobo's
Nomadic Venture Partners
Denver, CO · Est. 2021
Pre Seed, Seed, Series A$1M – $3M< $50M AUM
Nomadic Venture Partners is an early-stage investment firm focused on accelerating industrial decarbonization by backing digital and light hardware innovators driving measurable climate impact. Led by Tem Tumurbat and Batchimeg Ganbaatar. Invests across mining, manufacturing, and heavy transport, supporting companies modernizing some of the world’s most emissions-intensive industries.
Select Portfolio Companies: Banyan Infrastructure, Voltpost, Endolith, Maverick Metals
Manna Tree Partners
Denver, CO · Est. 2018
Growth equity, Late stage$3M – $15M$500M – $1B AUM
Manna Tree Partners is a growth equity investment firm focused on the consumer health, wellness, and nutrition ecosystem, backing companies that improve human health through better food, nutrition, and lifestyle products. Founded in 2018, invests in established brands with proven traction across food and beverage, supplements, clean products, agriculture, and active lifestyle categories.
Select Portfolio Companies: Vital Farms, Gotham Greens, Good Culture, Health-Ade
Rubicon Technology Partners
Boulder, CO · Est. 2012
Growth equity> $50M> $1B AUM
Rubicon Technology Partners is a middle-market private equity firm dedicated to partnering with enterprise software and technology-enabled services companies to accelerate growth, establish market leadership, and drive operational excellence. Founded in 2012, focuses on control equity investments in businesses with proven products, strong customer relationships, and recurring revenue. Typical equity commitments of $75M–$350M.
Select Portfolio Companies: Scaled Agile, AppNeta, Uplight, Personify
V1.VC
Boulder, CO & San Francisco, CA · Est. 2015
Pre Seed, Seed< $500K< $50M AUM
V1.VC is an early-stage venture firm that partners with exceptional founders from the earliest moments of company formation, providing patient capital and hands-on, operator-driven support from V1 through S-1. Led by Brett Jackson and Benny Joseph. Invested in more than 80 early-stage companies with over 30 exits.
Select Portfolio Companies: DoorDash, Allbirds, Astranis, OpenSea
Industrious Ventures
Denver, CO · Est. 2020
Pre Seed, Seed$1M – $3M$100M – $250M AUM
Industrious Ventures is an early-stage venture capital firm focused on investing in technical founders building capital-efficient companies, with a particular emphasis on software, infrastructure, and deep technology. Partners closely with founders from pre-seed through early growth, taking a hands-on, operator-oriented approach. Active participant in the Mountain West startup ecosystem.
Select Portfolio Companies: SpaceX, Stoke Space, Ursa Major, ICON
Rallyday Partners
Denver, CO · Est. 2018
Growth equity$3M – $15M$500M – $1B AUM
Rallyday Partners is a growth equity firm that partners with founder-led companies in the lower middle market, combining flexible growth capital with deep operational expertise to drive scale, efficiency, and long-term value creation. Led by Ryan Heckman and Mark Hopkins. Invests across healthcare services, education and training, digital infrastructure, IT services, and precision manufacturing.
Select Portfolio Companies: Elder Care Homecare, Livefront, Insero, Pyx Health
Stormbreaker VC
Arvada, CO & San Francisco, CA · Est. 2019
Seed, Series A, Series B$3M – $15M$250M – $500M AUM
Stormbreaker VC is an early-stage venture capital firm investing in companies across mobility, wireless connectivity, IoT, cybersecurity, cloud, and AI. Founded in 2019, partners with founders from seed through early growth, bringing an operator-driven approach. Operates out of San Francisco and Colorado, reflecting engagement with both established tech hubs and the Mountain West.
Select Portfolio Companies: Edgescale AI, MotionSafe, SenseNet, Global Telecom
Alta Partners
Denver, CO; San Francisco, CA; Jackson, WY · Est. 1996
Growth equity, Late stage> $15M> $1B AUM
Alta Partners is a growth equity and late-stage venture firm focused on investing in transformative life sciences and healthcare companies developing clinically meaningful and commercially scalable innovations. Led by Dan Janney and Pete Hudson. Portfolio spanning more than 150 companies over multiple decades. Supports teams advancing breakthroughs across therapeutics, medical technologies, and precision medicine.
Select Portfolio Companies: DispatchHealth, Vir Biotechnology, eGenesis, Tyra Biosciences
Vault Fund
Boulder, CO · Est. 2021
Seed, Series A$500K – $1M$100M – $250M AUM
Vault Fund is an early-stage venture firm focused on investing in technology startups building foundational software, AI infrastructure, developer tools, data platforms, and adjacent ecosystems. Founded in 2021 by a team of operators and early-stage investors. Emphasizes founder alignment, technical differentiation, and long-term category impact.
Select Portfolio Companies: Atomic, Kairos, Scian Life Sciences, Rhapsody Venture Partners
D4 Investments
Denver, CO & Seattle, WA · Est. 1997
Pre Seed, Seed, Series A$1M – $3M$100M – $250M AUM
D4 Investments is an early-stage venture and family office investor focused on backing founders building transformative technology and industrial solutions. Founded in 1997 in the Seattle area. Leverages deep operational experience to support companies developing scalable platforms in industrial software, robotics, artificial intelligence, energy systems, and adjacent sectors.
Select Portfolio Companies: Elevāt, ViaBot, Joule Case, Talarya Brands
Buff Gold Ventures
Boulder, CO · Est. 2022
Pre Seed, Seed, Series A$1M – $3M$50M – $100M AUM
Buff Gold Ventures is an early-stage venture capital firm focused on backing founders from the University of Colorado Boulder ecosystem and beyond, investing in deep tech and disruptive technology startups at pre-seed through Series A. Founded in 2022 and based in Boulder. Emphasizes hands-on support and mentorship leveraging its Colorado network.
Select Portfolio Companies: Vycarb, Swept AI, Mana Battery, Codebreaker Labs
Service Provider Capital
Vail, CO · Est. 2014
Seed, Series A$500K – $1M< $50M AUM
Service Provider Capital is an early-stage venture capital firm that co-invests in seed and Series A deals alongside institutional venture partners, backing founders building software and technology-enabled businesses across enterprise SaaS, fintech, AI, marketplace, and other tech sectors. Based in Vail, Colorado. Leverages its network of service provider limited partners to support strategic introductions and scaling.
Select Portfolio Companies: Bonsai, Prediction Guard, Respondology, Lux Aeterna
Kickstart Fund
Denver, CO & Cottonwood Heights, UT · Est. 2008
Pre Seed, Seed$1M – $3M$250M – $500M AUM
Kickstart Fund is an early-stage venture capital firm focused on backing founders building high-growth companies across the Mountain West region, including Utah, Colorado, Arizona, New Mexico, and surrounding markets. Founded in 2008, one of the first institutional seed investors dedicated to the Utah startup ecosystem. Invests in software-driven businesses across SaaS, fintech, healthtech, marketplaces, and consumer technology.
Select Portfolio Companies: Lucid, Podium, SonderMind, Galileo
Springtime Ventures
Boulder, CO; Austin, TX; Atlanta, GA · Est. 2016
Pre Seed, Seed$500K – $1M$100M – $250M AUM
Springtime Ventures is a seed-stage venture capital firm focused on backing founders building high-growth technology companies across healthcare, fintech/insurtech, logistics, supply chain, and related enterprise software sectors. Founded in 2016. Invests primarily at the pre-seed and seed stages with typical initial checks around $400K–$700K. Long-term founder partnerships and conviction-led investing.
Select Portfolio Companies: SonderMind, FloatMe, JEENIE, Fulcrum
Wildwood Ventures
Denver, CO & Boston, MA · Est. 2023
Pre Seed, Seed< $500K$50M – $100M AUM
Wildwood Ventures is an early-stage venture studio and investment firm focused on building and investing in technology companies across the outdoor, wellness, and healthy lifestyle economies. Founded in 2023 and based in Denver. Partners with founders at the pre-seed and seed stages, typically investing $200K–$500K. Hybrid model combining hands-on company building with capital and strategic support.
Select Portfolio Companies: Out & Back, Kinsa Active, Chimani, Outway
BITKRAFT Ventures
Denver, CO · Est. 2017
Seed, Series A, Series B$1M – $3M> $1B AUM
BITKRAFT is a global venture capital firm focused on investing in gaming, esports, interactive media, immersive technology, Web3, and AI-driven digital experiences, backing founders from seed through Series B. Founded in 2017 and headquartered in Denver. Manages over $1 billion in AUM. Global network spanning North America, Europe, and Asia. Thesis driven approach centered on the future of interactive entertainment.
Select Portfolio Companies: Discord, Epic Games, Yield Guild Games, Voicemod
Boulder Angels
Boulder, CO · Est. 2024
Pre Seed, Seed> $500K> $50M AUM
Boulder Angels is an early-stage angel investing group focused on supporting technology and innovation companies in Colorado and beyond. Founded in 2024, brings together accredited individual investors seeking to partner with founders at the seed and early stages. Provides capital, mentorship, and network access to entrepreneurs building high-growth ventures across software, consumer tech, industrial innovation.
Select Portfolio Companies: Faex Health, Kioga, Bevboost, LumenAstra
Bee Partners
Denver, CO & San Francisco, CA · Est. 2009
Pre Seed, Seed$500K – $1M$100M – $250M AUM
Bee Partners is an early-stage venture capital firm focused on backing founders building transformative deep technology companies across artificial intelligence, robotics, automation, and biological systems. Founded in 2009. Specializes in investing at the earliest stages, often pre-seed and seed. Emphasizes long-term partnerships with founders tackling complex, frontier technology problems requiring patient capital and hands-on support.
Select Portfolio Companies: BuildingConnected, TubeMogul, DeepScribe, InnerPlant
3Lines Venture Capital
Denver, CO & Gurgaon, India · Est. 2016
Seed, Series A$500K – $1M$50M – $100M AUM
3Lines Venture Capital is an early-stage AI-focused venture firm investing in capital-efficient, disruptive technology companies across the Future of Work, Future of Enterprise, and Future of Industry. Led by Founder & Managing General Partner Krishna Kunapuli and Chairman & General Partner Dr. Pallab Chatterjee, the firm focuses on the Central USA and India corridors, partnering with bold founders building category-defining AI and software businesses.
Select Portfolio Companies: Swimlane, CaliberMind, Felt, Motiv
Ensemble Innovation Ventures
Broomfield, CO · Est. 2020
Seed, Series A$1M – $3M$50M – $100M AUM
Ensemble Innovation Ventures is an early-stage venture capital firm investing in disruptive and innovative business models advancing community health, wellness, and healthcare innovation. Led by Managing Directors Helen Drexler and Brian Armstrong, the firm leverages deep experience in healthcare operations, venture investing, corporate strategy, and board service to support U.S.-headquartered founders building solutions that remove barriers to care and address unmet wellness needs.
Select Portfolio Companies: VideaHealth, Reimagine Care, Proclaim, Reema Health
Groundswell Ventures
Denver, CO · Est. 2021
Seed, Series A$500K – $1M$50M – $100M AUM
Groundswell Ventures is a Denver-based growth venture fund investing in a healthier future at the intersection of health and climate technology. Led by Founding Partner Jeremy Harkey and Managing Partner Kathryn Moos, the firm backs tech-enabled solutions that reduce climate impact at its source and improve access to climate-related health solutions across environmental remediation, clean energy, sustainable agriculture, and human resilience, with a positive screen for backing female and diverse founding teams.
Select Portfolio Companies: Eight Sleep, Babylist, Parsley Health, Public
Avesta Fund
Denver, CO · Est. 2021
Seed, Series A$1M – $3M< $50M AUM
Avesta Fund invests in the intelligence layer that unlocks constrained compute, energy, and industrial infrastructure in the AI era, backing software-first solutions that optimize rather than rebuild critical systems. Led by Managing Partner Srikant Vasan and Founding Partner Stuart Davidson, the firm targets early-stage, post-MVP companies raising $2M–$5M rounds across AI infrastructure, energy systems, and industrial systems & physical AI.
Select Portfolio Companies: Avatour, BattGenie, Beem, Blue Studios
Techstars
New York, NY & Boulder, CO · Est. 2006
Pre Seed, Seed$1M – $3M> $1B AUM
Techstars is a global pre-seed accelerator and venture firm that has backed more than 4,900 startups generating over $133B in aggregate market cap and 23 unicorns since its founding. Co-founded in Boulder in 2006 by David Cohen, David Brown, Brad Feld, and Jared Polis, with Cohen returning as CEO in 2024. Following a 2024 restructuring, Techstars launched 'Techstars 2.0' with $220K standard checks and plans to invest in roughly 300 startups across 27 cities through 2027, relaunching its Boulder accelerator in 2025. Notable alumni include SendGrid, DigitalOcean, ClassPass, and PillPack.
Select Portfolio Companies: SendGrid, DigitalOcean, ClassPass, PillPack
Meritage Funds
Denver, CO · Est. 1998
Series A, Series B, Growth equity$3M – $15M$500M – $1B AUM
Meritage Funds is a Denver-based growth equity firm founded in 1998 by David Solomon and Jack Tankersley that pioneered venture capital in the Rocky Mountain region, having invested over $1B and helped 20 portfolio companies reach $1B+ valuations. The firm focuses on tech-enabled services and recurring-revenue businesses with $3M–$20M in annual revenue or $5M–$15M of capital raised. Today Meritage is led by Tankersley alongside Bart Lorang, Erika Trautman, and Alex Hodgkin, pairing growth capital with EOS implementation across the portfolio.
Select Portfolio Companies: Sunday, Zesty Paws, Campminder, Bonfire
Ten Eleven Ventures
Burlingame, CA & Boulder, CO · Est. 2014
Seed, Series A, Series B, Growth equity$3M – $15M> $1B AUM
Ten Eleven Ventures is the original venture capital firm dedicated exclusively to cybersecurity, founded in 2014 by Alex Doll and Mark Hatfield with offices in Burlingame, Boulder, Boston, and London. With over $1B in AUM across three fund generations, the firm invests across all stages from seed to growth in companies addressing global cyber risk. Brian Draves serves as Partner and COO from the Boulder presence. Highly active in 2025–2026 with recent deals including VulnCheck's $12M Series A, IQM Quantum Computers' $320M Series B, and seed leads in Geordie and Furl.
Select Portfolio Companies: KnowBe4, Darktrace, Cylance, Ping Identity
Liberty Global Ventures
Denver, CO · Est. 2014
Series B, Growth equity, Late stage> $50M> $1B AUM
Liberty Global Ventures is the corporate venture and growth investment arm of Liberty Global, the international broadband, mobile, and video communications company led by CEO Mike Fries from Denver. The platform manages a roughly $3.4B portfolio spanning approximately 70 companies and funds across content, technology, and infrastructure, with teams based in Denver and Silicon Valley. The team prioritizes commercially strategic, late-stage technology bets that complement Liberty Global's connectivity operations. Recent activity includes a November 2025 strategic minority investment in voice AI leader ElevenLabs alongside Sequoia, a16z, and ICONIQ.
Select Portfolio Companies: Plume, Aviatrix, ElevenLabs, ITV
The Anschutz Corporation
Denver, CO · Est. 1958
Growth equity, Late stage> $50M> $1B AUM
The Anschutz Corporation is the Denver-based holding company of Philip Anschutz, with Anschutz Investment Company serving as the equity and debt investing arm under Co-President and Co-COO Steven Cohen. The firm holds and actively grows iconic platforms including AEG, the Los Angeles Kings, and Xanterra Travel Collection, while pursuing new investments across communications, media, energy, entertainment, hospitality, real estate, and transportation. Recent activity includes AEG Presents' 2025 acquisition of Gary Musick Productions, the 2025 launch of the College Basketball Crown with FOX Sports, and the 2024 sale of ASM Global to Legends Hospitality. Anschutz Investment Company continues to deploy substantial private capital alongside its operating subsidiaries.
Select Portfolio Companies: Anschutz Entertainment Group (AEG), Los Angeles Kings, Xanterra Travel Collection, Anschutz Exploration
The Broe Group
Denver, CO · Est. 1972
Growth equity, Late stage> $50M> $1B AUM
The Broe Group is a Denver-based diversified private investment holding company founded in 1972 by Pat and Kiki Broe, with multi-billion-dollar holdings across real estate, transportation, and energy. The firm controls nearly 200 operating companies across 41 North American states and provinces, including short-line rail operator OmniTRAX, Great Western Oil & Gas, and the Great Western Industrial Park in Northern Colorado. The Broe Group continues to deploy substantial new capital, exemplified by the $200M Cherry Creek North Phase Two (250 Clayton) project announced in 2025 — pushing Cherry Creek holdings above $1.5B and establishing Broe's new headquarters.
Select Portfolio Companies: OmniTRAX, Great Western Oil & Gas, Great Western Industrial Park, 250 Clayton (Cherry Creek)
Monarch Investment and Management Group
Franktown, CO · Est. 1992
Growth equity, Late stage> $50M> $1B AUM
Monarch Investment and Management Group is a vertically integrated multifamily real estate investment and management company headquartered in Franktown, Colorado, founded by Owner Bob Nicolls. The firm manages more than 79,000 apartment units across 25 states and ranks as the 8th largest multifamily owner in the United States per NMHC's 2025 list. Monarch is highly active in 2024–2025 with the acquisition of Sun Valley Apartments in suburban Madison, Beacon Hill Apartments, and Greenway Chase Apartments, alongside a $57.9M Milwaukee disposition in June 2025. Nicolls personally directs acquisitions, dispositions, financing, and asset management with 34+ years of CRE experience.
Select Portfolio Companies: Sun Valley Apartments, Beacon Hill Apartments, Greenway Chase Apartments, Pheasant Run Apartments
Boulder Investment Group
Boulder, CO · Est. 2009
Seed, Series A, Series B< $500K< $50M AUM
Boulder Investment Group (BIG) is a referral-only investment club founded in 2009 and facilitated since 2012 by Jimmy Calano, the co-founder and retired CEO of CareerTrack. BIG curates alternatives deal flow for 1,000+ accredited members — 87% of whom are Qualified Purchasers — with collective net worth exceeding $20B and over $1.5B deployed into past offerings. The group hosts nine virtual Pitch BIG events per year, each showcasing two screened opportunities across venture, private equity, real estate, and hedge fund strategies. Since inception, BIG has reviewed and presented 225+ offerings to its membership.
Select Portfolio Companies: Monarch Investment, CAZ Investments, Regan Capital, Techstars
Flow Creek Capital
Boulder, CO · Est. 2017
Growth equity, Late stage$1M – $3M$100M – $250M AUM
Flow Creek Capital is a Boulder-based private investment firm and family office led by Managing Partner Doug Fahoury, a 35+ year investor and former founder of Iron Gate Capital. The firm invests across durable asset classes including energy, real estate, manufacturing, consumer services, and select fund LP commitments, writing $1–5M checks. Notable holdings include equity in Encino Acquisition Partners, sold to EOG Resources in August 2025. Flow Creek operates as a family-office-style vehicle backing experienced operators with a focus on management quality, durable cash flow, and long-term value.
Select Portfolio Companies: Encino Acquisition Partners, Confluence Resources, Techstars Funds, Dyal Capital Partners IV
Crescendo Capital Partners
Centennial, CO · Est. 2007
Seed, Series A, Growth equity$1M – $3M$100M – $250M AUM
Crescendo Capital Partners is a Centennial, Colorado private investment firm founded in 2007 that provides debt and equity capital to early-stage and lower-middle-market companies. Led by Managing Director Glenn Russo (former senior leader at Zayo Group during its growth from regional carrier to a $3B international provider), the firm writes up to $500K into early-stage disruptors and leads investments in established businesses with enterprise values up to $50M across manufacturing, telecom, healthcare, and energy. Recent activity includes the January 2025 sale of portfolio company United Building Solutions to AE Industrial Partners.
Select Portfolio Companies: TurboTenant, Alliant National, Just Right Surgical, Love Grown
ZF Capital
Denver, CO · Est. 2017
Growth equity$3M – $15M$100M – $250M AUM
ZF Capital is a Denver-based real estate development and investment firm founded in 2017 by Managing Partner Mike Zoellner, a sixth-generation Coloradan and former founding partner of RedPeak Properties. Across his career, Zoellner has developed or repositioned more than 70 apartment projects totaling 11,500+ units across the Front Range. The firm remains active in 2025 with select acquisitions — most recently a $3.4M acquisition of four retail condos near Union Station — while strategically pausing new ground-up multifamily development. Zoellner has chaired ULI Colorado.
Select Portfolio Companies: Evans School, Struby Estabrook, 1550 Milwaukee, The Stanley
Brush Creek Partners
Littleton, CO · Est. 2020
Growth equity, Late stage$3M – $15M$100M – $250M AUM
Brush Creek Partners is a Colorado-based private equity firm led by Managing Partners Scott Maierhofer and Kevin Ahern, with operations in Littleton and Denver. The firm targets buyout, recapitalization, and growth equity investments of $2M–$20M in lower-middle-market companies across specialty finance, community banking, manufacturing, distribution, and consumer/business services. Notable holdings include Bancorp 34 (parent of Bank 34, which merged with Commerce Bank of Arizona in March 2024 to form Southwest Heritage Bank), Bank of Idaho, and direct-to-consumer bedding brand Slumber Cloud. Maierhofer brings 35+ years of M&A experience.
Select Portfolio Companies: Bancorp 34 / Bank 34, Bank of Idaho, Slumber Cloud, ERI Group
Colorado Impact Fund
Denver, CO · Est. 2014
Seed, Series A, Series B$1M – $3M$50M – $100M AUM
Colorado Impact Fund (CIF) is a Denver-based impact venture capital firm founded in 2014 by Jim Kelley (Vestar Capital Partners co-founder) and Ryan Heckman (Excellere Partners co-founder), backed by ~20 Colorado investor families as Colorado's first privately financed double-bottom-line fund. The firm manages approximately $80M across CIF I and the Colorado Impact Bridge Fund, investing $500K–$3M initial checks (with reserves up to $6M) into Colorado companies with high-growth, scalable models that deliver measurable community impact. Active investments include interviewIA, Honest Jobs, Project Canary, Barn Owl Tech, and Tortuga AgTech, with Chocolove acquired by Ritter Sport in November 2025.
Select Portfolio Companies: Project Canary, TeamSnap, Galvanize, Chocolove
Trailhead Capital
Boulder, CO · Est. 2020
Seed, Series A$1M – $3M$50M – $100M AUM
Trailhead Capital is a Boulder-based mission-driven venture firm originally founded as Bobby Pelz's family office, with Managing Partners Mark Lewis and Pete Oberle joining alongside co-founder Tripp Wall in 2020 to form the GP for the Regeneration Fund. The firm closed its $50M Regeneration Fund I in 2023 and has deployed capital into 22+ tech-enabled regenerative food and agriculture companies, with portfolio investments having impacted 30M+ acres of land and sequestered 24M+ tons of carbon. Trailhead is actively raising Regeneration Fund II, targeting roughly $75M to write larger seed and Series A checks across the U.S. and Canadian regenerative food value chain.
Select Portfolio Companies: Eion, Funga, Ascribe Bioscience, Avalo
Innosphere Ventures Fund
Fort Collins, CO · Est. 2017
Pre Seed, Seed, Series A$500K – $1M$50M – $100M AUM
Innosphere Ventures Fund is a Northern Colorado early-stage venture capital firm led by CEO and General Partner Mike Freeman, affiliated with the Innosphere incubator (founded 1999). The firm operates two funds (Fund I and Fund II) focused on outstanding technical founders in the Mid-America Mountain Plains region across B2B SaaS, cleantech, and medtech. Fund II ranked in the top five Colorado venture investors in 2023 alongside Techstars and Range Ventures. Most recent investment was a $2.85M lead in Eyepop.AI announced February 2025, with portfolio company GelSana selected for the MedTech Innovator 2025 Accelerator Cohort.
Select Portfolio Companies: GelSana Therapeutics, LongPath Technologies, Community Funded, Eyepop.AI
Dry Fly Capital
Littleton, CO · Est. 2018
Growth equity, Late stage$3M – $15M$50M – $100M AUM
Dry Fly Capital is a Littleton, Colorado lower-middle-market private equity firm formed in 2018 when Doug Robinson (co-founder of St. Charles Capital) joined the Ogdon family's prior investment vehicle. The firm partners with owner-operators of companies generating $5–50M in revenue across distribution, manufacturing, wholesale, and services, applying digital marketing, business development, and operational technology to drive growth. Recent platform investments include the April 2024 acquisition of promotional-products provider PSA Worldwide and the July 2025 majority recapitalization of Serpentix Conveyor — its first wastewater-infrastructure platform.
Select Portfolio Companies: PSA Worldwide, Serpentix Conveyor, Mytee Products, Square Scrub
FOVC
Boulder, CO & Santa Barbara, CA · Est. 2022
Pre Seed, Seed< $500K< $50M AUM
Far Out Ventures (FOVC) is a Boulder-based pre-seed and seed firm founded in 2022 by Managing Partners Jonathan Fentzke and Ian Hathaway, alongside co-founder Jack Greco. The firm pairs high-conviction capital with hands-on operating support, typically leading or co-leading first institutional rounds and targeting roughly 5% ownership at entry. FOVC focuses on vertical enterprise software, fintech, and marketplace founders serving large legacy industries. Notable investments include Devolut, AltScore, FlexPoint, and Neofin.
Select Portfolio Companies: Devolut, AltScore, FlexPoint, Neofin
Free Radical Ventures
Denver, CO · Est. 2013
Seed< $500K< $50M AUM
Free Radical Ventures is a Denver-area seed-stage venture firm founded in 2013 by Principal Jim Thorson, a Colorado School of Mines geophysical engineer and former founding partner of Pronghorn Operating. The firm provides seed funding, hands-on guidance, and industry connections to hard tech, deep tech, energy tech, and clean tech startups, helping companies bridge the gap between formation and Series A. Free Radical is closely tied to the Denver Energy Tech Showcase ecosystem. Notable portfolio investments include cQuant.io (acquired April 2025), Ambyint, Well Data Labs, and Horne Technologies.
Select Portfolio Companies: cQuant.io, Ambyint, Well Data Labs, Horne Technologies
Tranquillion
Denver, CO · Est. 2022
Seed, Series A, Series B< $500K< $50M AUM
Tranquillion is a Colorado-based capital and philanthropy platform led by Principal and CEO Greg Fitzgerald, co-founder and former CTO of Solana, where he served as principal architect of the codebase. The firm deploys capital through both venture investment and philanthropy across climate, health, and arts & culture, supporting for-profit ventures and altruistic initiatives focused on building a healthier, more sustainable future. Tranquillion operates as a hybrid investment-and-grantmaking vehicle rather than a traditional fund. Notable investments span geothermal energy (Zanskar), grid infrastructure (Jubilee Transmission), regenerative medicine (Direct Biologics), and immersive arts (Culture House Immersive).
Select Portfolio Companies: Zanskar, Jubilee Transmission, Direct Biologics, Culture House Immersive
