Fundraising Fox

Blackhorn Ventures

Venture capitalActively deploying

Denver · Seed–Series B · 21 people tracked

Also known as Blackhorn Ventures Industrial Impact · BLACKHORN VENTURES MANAGEMENT II, LLC · BLACKHORN VENTURES MANAGEMENT, LLC · Blackhorn Ventures Special

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Investment thesis

Blackhorn Ventures invests in startups operating at the intersection of digital technology and physical industry — 'where bits meet bricks.' The firm targets companies leveraging data, artificial intelligence, and robotics to transform large, foundational industries that are critical to national security and economic stability. It frames its focus around the emerging 'next industrial revolution,' citing strong demand, advanced technology, and available talent as drivers of opportunity in these sectors.

Source: firm website, verified Aug 3, 2026.

Stage
Seed–Series B
Check
$500K
HQ
Denver, Colorado, US
Leads rounds
Leads
Instruments
Equity
Founded
2017
AUM
$220M
VC funds
3
Tracked investments
15

Team · 21 people

from the firm's website & public directories
Bill Ritter· Senior Advisor
Cameron Carver· Senior Associate
Christina Curtis· Senior Advisor
Dr. Raymond Levitt· Senior Advisor
Enrique Zambrano· Operating Partner
Eric Lamb· Operating Partner
Mark Loch· Senior Advisor
Rodolfo Dieck· Operating Partner
Ted White· Senior Advisor
Theresa Barrett· Executive Assistant
Valerie Rodriguez· Office Manager / Executive Assistant

What they invest in

from 8 of 15 portfolio companies

Construction Tech ×4Enterprise Software ×4IoT ×4SaaS ×3AI & Machine Learning ×2Data & Infrastructure ×2Developer Tools ×2Hardware ×2

HQs:United States×5Canada×1Denmark×1

Investments · 15 tracked

founders shown can be your intro path
Electric Era TechnologiesSEC filingmedium confidence

Seattle, US

Samuel Reineman(Director)Michael D'Aurizio(Director)Anna Demeo(Director)Micah Kotch(Director)Lee Quincy(Executive Officer, Director)Quincy Edmund Lee(Executive Officer, Director)

Board seatMicah Kotch· per SEC Form D · $15M raise · filed Aug 2025

Electric Era
Formicformic.ai

Formic builds enterprise AI for regulated industries such as legal, federal regulation, and defence, using a neuro-symbolic deterministic retrieval architecture that returns answers sourced from an organisation's own documents with citations traceable to the exact source page.

AI & Machine LearningEnterprise SoftwareLegalTech

Goliothgolioth.ioin𝕏

Golioth provides an IoT platform designed to simplify the development and deployment of connected devices for hardware teams and IoT developers.

AI & Machine LearningCloud ComputingDeveloper ToolsHardwareIoTSan Francisco, US

Jonathan Beri(Founder and CEO)Dan(Engineering Leader)Brian(Operations Leader)Ariana(Strategic Marketing & Product Marketing Lead)Dylan(Product Management Leader)Jocelyn Goldfein(Director)

Hyperframehyperframe.com

Hyperframe develops mechanical framing clips designed for the construction industry to reduce waste, improve productivity, and lower costs.

Advanced ManufacturingConstruction TechHardwareColumbus, US

Todd Brady(Director)Jay F. Cady(Executive Officer, Director)Alexandria Lafci(Director)Ryan Sutton-Gee(Director)Ken Sobel(Executive Officer, Director)Minas Apelian(Director)

King Energy

Climate; invested in 2022 from Fund III

Optera Climate
Rhumbixrhumbix.comin𝕏

Rhumbix provides digital timekeeping and labor tracking software designed for construction teams.

Construction TechFuture of WorkSaaSLafayete, US

Zach Scheel(Co-founder)Daniel Levine(Director)Bill Smith(Director)Scott Lynn(Director)Drew DeWalt(Executive Officer, Director)Trevor Zimmerman(Director)

Ridepandaridepanda.com
Safehubsafehub.ioin𝕏

SafeHub provides building-specific, real-time data to help minimize risk during disasters, serving the structural engineering and risk management sectors.

Climate TechConstruction TechInsurTechIoTSan Francisco, US

Andy Thompson(Co-founder)inDouglas Frazier(Director)

Sortedwebflow.ioin𝕏

Webflow is a web design and content management platform that enables teams to create, manage, and optimize custom websites and web applications without heavy developer involvement.

AgTechCleantechDeveloper ToolsEnterprise SoftwareMarketing TechSaaSCopenhagen, DK

Adam Ingwersen(Founder)inFrederik Ingwersen(Founder)in

Specifxspecifx.cominacquired by XOi

Specifx provides data enrichment software for HVAC assets, enabling organizations to instantly retrieve high-resolution metadata (specifications, features, performance) from basic nameplate data for single or thousands of commercial and industrial HVAC systems.

Data & InfrastructureEnterprise SoftwareIoT

Team Member Link
Thinklabs
VEERUMveerum.comin𝕏

VEERUM provides a web-based platform for 2D and 3D industrial data management, visualization, and digital asset management that enables remote operations and reduces on-site travel for large industrial companies.

Construction TechData & InfrastructureEnterprise SoftwareIoTSaaSVancouver, CA

David Lod(Chief Executive Officer)in

Rows marked “SEC filing” are inferred from directors named on the company's SEC Form D — public regulatory data, not a portfolio list published by the firm.

Frequently asked questions

What stage does Blackhorn Ventures invest at?
Blackhorn Ventures invests at the Seed, Series A, Series B stages.
What is Blackhorn Ventures's typical check size?
Blackhorn Ventures typically writes checks of $500K.
What sectors does Blackhorn Ventures focus on?
Blackhorn Ventures focuses on Advanced Manufacturing, AI & Machine Learning, Cleantech, Climate Tech, Construction Tech, Data & Infrastructure, Deep Tech, Defense Tech, Energy, Enterprise Software, Logistics & Supply Chain, Mobility & Transportation, Robotics, SaaS.
Where is Blackhorn Ventures located?
Blackhorn Ventures is headquartered in Denver, US.
Does Blackhorn Ventures lead rounds?
Yes, Blackhorn Ventures leads investment rounds.

Images

Blackhorn Ventures photoBlackhorn Ventures photoBlackhorn Ventures photoBlackhorn Ventures photoBlackhorn Ventures photoBlackhorn Ventures photo

Co-investors · 30

Brick Mortar Ventures

Brick & Mortar Ventures is a venture capital firm founded in 2015 that invests in early-stage startups building technology for the architecture, engineering, construction (AEC) and facilities management industries.

Both backed · 2
Greylock Partners

Greylock Partners is a venture capital firm that backs founders at the earliest stages, often as their first investor before a product exists.

Both backed · 1
$100K – $200M
Zetta Venture Partners

Zetta Venture Partners provides early-stage capital and hands-on support to founders building AI-native applications, infrastructure, and developer tools.

Both backed · 1
$1M – $5M
Differential Ventures

Differential Ventures is an early-stage venture firm investing in data-centric, AI-native B2B technology companies at the pre-seed and seed stages.

Both backed · 1
$250K – $3M
TFX Capital

TFX is an organization supporting mission-driven leaders through three arms: TFX Advisors, TFX Capital, and the Service First Foundation. TFX Capital invests in early-stage startups addressing national security and healthcare challenges.

Both backed · 1
$250K – $750K
Proeza Ventures

Proeza Ventures is a venture capital firm investing exclusively in early-stage startups in the mobility space, describing itself as the largest mobility fund in Latin America.

Both backed · 1
Ridepanda
$500K – $2M
Union Square Ventures (USV)

Union Square Ventures is a venture capital firm based in New York City that invests in companies at the edge of large markets being transformed by technological and societal pressures.

$1M – $20M
Tiger Global Management

Tiger Global is a research-driven investment firm that partners with innovative, high-quality companies over the long term across various stages of their lifecycle.

$1M – $100M
Plug and Play Ventures

Plug and Play is an innovation platform that connects corporations, governments, startups, investors, and universities to drive innovation.

$50K – $12M
Eniac Ventures

Eniac Ventures is a seed-stage venture firm that positions itself as founder-friendly and focused on helping early-stage companies achieve product-market fit.

$50K – $300K
SOSV

SOSV is a deep tech venture capital firm that makes first-check pre-seed investments and follow-on rounds in startups focused on human and planetary health, providing lab space and hands-on support at its US locations.

$30K – $550K
Stellar Capital

Stellar Capital invests in founders building software, internet, and technology companies.

18 more co-investors

AntlerMaC Venture CapitalHighland Capital PartnersUnpopular VenturesAlvenMetaPropNotation CapitalBow CapitalStrawberry Creek VenturesFontinalis PartnersAV8 VenturesDarling VenturesFocalCongruent VenturesThird SphereFeenix Venture Partners LLCbp venturesKayyak Ventures

Firms observed investing alongside Blackhorn Ventures, from public investor directories. Shared companies are the overlap with Blackhorn Ventures's recorded portfolio.

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