/Companies

Vartega

Techstars '17

Golden, US · Founded 2014 · Delaware corporation · 22 employees on LinkedIn · 15 known investors

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Founders & leadership

Vartega was founded in 2014 by Andrew Maxey.

AMAndrew Maxey
Andrew MaxeyCo-Founder & CEOHe holds a Professional Engineer credential and has worked across leadership, technology development, and project management roles in composites, oil and gas, cleantech, and construction sectors.
APAaron Parker
Aaron ParkerChief Operating Officer2024–2026Aaron Parker is an operations executive with expertise in lean manufacturing, continuous improvement, and organizational scaling. He has experience applying lean principles, Six Sigma methodologies, and KPI governance across safety, quality, delivery, and cost optimization.
DFDaniel Flagg
Daniel FlaggChief Technology Officer2022–2026
SKSean Kline
Sean KlineVice President of EngineeringSean Kline is an engineer and operations leader at Vartega who has designed and built a production facility and scaled the company's composite recycling technology from laboratory development through commercial deployment. His background includes project management, pressure vessel and piping design, finite element analysis, and facility planning.
SK
Shari KennettNamed on SEC filing
JS
J. Scott PuseyNamed on SEC filing
EP
Edward PilpelNamed on SEC filing

Board

GRGinger Rothrock
Ginger RothrockBoard directorInvestor at HG Ventures
TS
Timothy SwalesBoard director
AW
Andreas WuellnerBoard director
BFBenoit Forcier
Benoit ForcierMember of the Board of DirectorsSenior Partner at Circular Innovation Fund

Investors · 15

Techstarslisted by TechstarsBoulder · $220K

How we know: the Techstars portfolio · open dataset · Top 3000 Accelerator Startups (no YC) 2026-08 · Not right? Tell us

Cycle CapitalreportedMontreal

How we know: the VCSheet dataset · Not right? Tell us

Reported raises · per SEC filings

Form D private placements

$16.3M disclosed across 5 rounds · 2023–2025

▶$1.5MraisedJan 2026 · 3 investors · Manufacturing
Rule 506(b)
Officers, directors & promoters on the filing
  • Aaron ParkerExecutive Officer
  • Timothy SwalesDirector
  • Daniel FlaggExecutive Officer
  • Andreas WuellnerDirector
  • Andrew MaxeyExecutive Officer, Director
  • Ginger RothrockDirector
  • Sean KlineExecutive Officer
  • Benoit ForcierDirector
Offering amount
$6M
Amount sold
$1.5M
First sale
Dec 2025
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$24.4KraisedMay 2024 · 1 investors · Manufacturing
Rule 506(b)
Officers, directors & promoters on the filing
  • Curtis SchicknerDirector
  • Andrew MaxeyExecutive Officer, Director
  • Edward PilpelDirector
  • Ginger RothrockDirector
  • Sean KlineExecutive Officer
  • Daniel FlaggExecutive Officer
  • J. Scott PuseyExecutive Officer
  • Shari KennettDirector
Offering amount
$24.4K
Amount sold
$24.4K
First sale
May 2024
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$11.2MraisedJan 2024 · 16 investors · Manufacturing
Rule 506(b)
Officers, directors & promoters on the filing
  • Curtis SchicknerDirector
  • Shari KennettDirector
  • Ginger RothrockDirector
  • Edward PilpelDirector
  • J. Scott PuseyExecutive Officer
  • Andrew MaxeyExecutive Officer, Director
  • Sean KlineExecutive Officer
  • Daniel FlaggExecutive Officer
Offering amount
$12.8M
Amount sold
$11.2M
First sale
Dec 2023
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$470.5KraisedNov 2023 · 11 investors · Manufacturing
Rule 506(b)
Officers, directors & promoters on the filing
  • Ginger RothrockDirector
  • Andrew MaxeyExecutive Officer, Director
  • J. Scott PuseyExecutive Officer
  • Edward PilpelDirector
  • Sean KlineExecutive Officer
  • Daniel FlaggExecutive Officer
  • Shari KennettDirector
Offering amount
$500K
Amount sold
$470.5K
First sale
Oct 2023
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$3.1MraisedJun 2023 · 23 investors · Manufacturing
Rule 506(b)
Officers, directors & promoters on the filing
  • Andrew MaxeyExecutive Officer, Director
  • Sean KlineExecutive Officer
  • Shari KennettDirector
  • Daniel FlaggExecutive Officer
  • J. Scott PuseyExecutive Officer
  • Ginger RothrockDirector
  • Edward PilpelDirector
Offering amount
$3.1M
Amount sold
$3.1M
First sale
May 2023
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Key figures

latest reported
HeadcountAug 202622

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Related companies · 1

Companies working in the same space as Vartega.

Non-dilutive funding · 1 SBIR/STTR award

Federal grants — no equity taken
AgencyPhaseYearAmount
National Science FoundationPhase I2019$225K

Source: SBIR.gov award data (U.S. Small Business Administration). SBIR/STTR awards are competitive federal R&D grants and contracts — non-dilutive capital alongside any venture rounds above.

Legal entities · 1

corporate structure
VartegaDelaware

In the news

Frequently asked questions

Who founded Vartega?
Vartega was founded by Andrew Maxey in 2014.
Who are Vartega's investors?
Vartega's investors include Autodesk Foundation, Belle Impact Fund, Beyond Capital, Circular Innovation Fund, Diamond Edge Ventures, E8 Angels, HG Ventures, New Climate Ventures and 7 more.
How much funding has Vartega raised?
Vartega has disclosed $16.3M raised across 5 rounds.
Where is Vartega headquartered?
Vartega is headquartered in Golden, US.