Top 9 Venture Capital Firms In Denver, CO [2022]

2021 was a record year for startup funding in Colorado. Indeed, Denver’s venture capital firms invested a whopping $5.5 billion, a 112% increase vs. 2020..!

Whether you are raising seed, Series A or higher, in this article we have listed below our top picks of the best venture capital firms in Denver, each with their industry focus and investment size.

So, if you haven’t yet started to reach out, here is a good place to start learning about them.

This article is part of a series where we present you the top Venture Capital firms across the US. For the South West, check out our rankings for Salt Lake City, Phoenix, New Mexico and Oklahoma.
Are you looking for Denver's best startup accelerators and incubators? Check out our ranking here.

Top 9 Venture Capital Firms In Denver, CO

Here’s a summary of our top 9 picks for the best venture capital firms in Denver, Colorado (in alphabetical order):

NameSector focusInvestment stageInvestment rangeInvestments
Access VenturesTechnologySeed, Series A$500k to $2M in Seed, $1M to $5M in Series A70
AltriaOil and Gas Technology & ServicesSeries A$5M to $25M15
First Tracks VenturesTechSeed$50k to $100k27
Foundry GroupSoftware and InternetSeed, Series AUndisclosed138
Ibex InvestorsSector AgnosticSeed to Series A+Undisclosed39
Konvoy VenturesGamingSeed, Series AUndisclosed25
Springtime VenturesFintech, Insurtech, DeFi, Healthcare, Logistics, Supply Chain, MarketplacesSeed$400k to $600k40
Stout Street CapitalTechSeed$200k (in average)62
TURN8TechSeed, Series AUndisclosed30

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1. Access Ventures

Access Ventures is one of the largest venture capital firms operating in Denver. This venture firm offers Seed and Series A funding to companies operating in the technology sector. This firm has been investing in tech companies for the past 20 years.

The average check size that Access Ventures writes for Seed funding is between $500k and $2M. For Series A funding, the firm usually writes a check of anywhere between $1M and $5M.

So far, Access Ventures has invested in 70 companies and some of its portfolio companies include Bonusly, CloudCampaign, Red Canary, Hyperia, SpotRight, Resurface, and Accel Graphics, among others.

2. Altria Group

Altria Group is a well-known venture capital firm operating in Denver. This venture firm is known for investing only and only in those companies that are operating in the oil and gas technology and services sector.

The firm offers Series A funding and the average check size that they write is anywhere between $2M and $5M.

Considering the sector focus, the total number of investments of this firm is quite limited. So far, this venture capital firm has invested in 15 companies, some of which are ResFrac, Seeq, ThoughtTrace, FlexGen Power Systems, Infrastructure Networks, and Tubel Technologies, among others.

3. First Tracks Ventures

First Tracks Ventures is a Seed-stage venture capital firm operational in Denver. The primary areas of investment for First Tracks Ventures are SAAS, IoT, Mobile Workforce Management Platforms, Curated E-Commerce, Tele-health, and FinTech.

This venture firm usually writes a check of anywhere between $50k and $100k, but they do have the capacity to make follow-on investments. Interestingly, the fund is affiliated with Borgen Investment Group.

So far, this firm has invested in 27 companies, some of which are Airbanq, HomeSpotter, Geospiza, FoodMaven, Notion, Symbiont, and Havenly, among others. Though the firm primarily invests in Colorado, it also invests across the US through cultivated partnerships.

4. Foundry Group

The Foundry Group is one of the most prominent venture capital firms located in Boulder (Denver Area). This venture capital firm is known for offering Seed and Series A investments in startups in the software and internet sectors.

What is interesting is that though the Foundry Group is located in Boulder, it invests in companies from across the United States and also Canada.

Unfortunately, this venture capital firm does not disclose the exact investment amount anywhere on its website. So far, this firm has invested in 138 companies, some of which are AppDirect, Authentic8, Betabrand, Backbone, Broadly, Boundless, ColdQuanta, Drop Labs, High Alpha, Loop, and Mapbox, among others.

5. Ibex Investors

With a physical presence in Denver and Tel Aviv, the Ibex Investors is a well-known venture capital firm that offers Seed to Series A+ funding to selected companies. What is interesting about Ibex Investors is that they are sector agnostic, and they are willing to invest in any company in any sector as long as the company has high growth potential.

This venture capital firm works along with its portfolio companies and offers mentorship and help whenever requested. Unfortunately, the firm does not disclose the exact investment amount anywhere on its website.

So far, Ibex Investors has invested in 39 companies, some of which are Continual, Appoxee, Dome9 Security, Innovid, Oribi, Trendlines, Magical, Glassbox, and Groundwork, among others.

6. Konvoy Ventures

Konvoy Ventures operational in Denver is a venture capital firm dedicated to funding companies that are operating in the gaming sector. They do not invest in companies from any other sector.

This venture capital firm offers Seed and Series A funding for platforms and technology used in the gaming frontier. Unfortunately, Konvoy Ventures does not disclose the exact investment amount anywhere on its website.

So far, this venture capital firm has invested in 25 companies, some of which are, Legends of Learning, Sipher, Stage Zero Technologies, Sky Mavis, Carry1st, Bunch, Goss, Hiber, GameFam, Dorian, and Rupie, among others.

7. Springtime Ventures

Springtime Ventures is a popular venture capital firm that has a physical presence in Denver, Austin, Atlanta, and Boulder (Denver Area). This venture capital firm offers Seed funding to companies operating in the Fintech, Insurtech, DeFi, Healthcare, Logistics, Supply Chain, and Marketplaces sectors.

The average check size that Springtime Ventures writes for its selected portfolio companies is $400k to $600k. Apart from the money, this venture capital firm also offers mentorship and additional support whenever required.

So far, Springtime Ventures has invested in 40 companies, some of which are AaDya, Avvay, ActiveSoul, CarServ, Delfina, Fulcrum, and Jeenie, among others.

8. Stout Street Capital

Yet another venture capital firm that is operational in Denver is Stout Street Capital. This venture capital firm has invested in 62 companies so far, and it offers Seed investment to companies in the technology sector.

What is interesting is that Stout Street Capital makes one to two investments per month, and the average check size is $200k. However, they can invest more or less, depending on the company and its needs.

Stout Street invests throughout the United States except in San Francisco, New York, and Boston. They also invest in Canada. Some of the various companies that this firm has invested in include Work Hound, Thumbraise, Ecobot, Collbox, Fluent Forever, and Allbound, among others.

9. TURN8

Turn8 is yet another famous venture capital firm operating in Denver. However, this venture capital firm also has physical offices in San Francisco and Dubai. TURN8 offers Seed and Series A investments to the companies operating in the tech industry.

Unfortunately, this venture capital firm does not disclose the exact investment amount anywhere on its website.

What is interesting about TURN8 is that the firm also offers incubation services and coworking spaces to startups.

So far, TURN8 has invested in 30 companies, comes of which are Kanari, Crowdbabble, Paack, Solid Face, Next, MistBox, ZingoHub, and Democrane, among others.

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