Boulder Ventures
Venture capitalActively deployingBoulder · Series A · 6 people tracked
Also known as BVIM, LLC
Investment thesis
Boulder Ventures backs information technology and biotechnology companies concentrated in Colorado and the U.S. Mid-Atlantic region. Across its family of funds (Boulder Ventures I through VIII), the firm has invested in 61 companies, achieving 28 exits and 10 IPOs.
Source: firm website, verified Aug 25, 2026.
Team · 6 people
from the firm's website & public directories
Founder mafia
2 people who came through Boulder Ventures went on to found or lead other companies.
What they invest in
from 36 of 73 portfolio companiesEnterprise Software ×14SaaS ×14AI & Machine Learning ×10Biotech ×9Cloud Computing ×6Healthtech ×6Data & Infrastructure ×4Cybersecurity ×3
HQs:United States×29
Investments · 73 tracked
founders shown can be your intro pathBy year:2026 · 12025 · 22024 · 12023 · 12022 · 22021 · 12018 · 12016 · 22015 · 42014 · 217 dated
Discovers and develops microRNA-targeting therapies for areas of high unmet medical need.
BiotechBoulder, US
William S. Marshall(Executive Officer, Director)Jason A. Leverone(Executive Officer)David Rodman(Executive Officer)Christopher J Morl(Executive Officer)Christopher Bowden(Director)Paul D. Rubin(Executive Officer)
Board seatKyle Lefkoff· per SEC Form D · $40.7M raise · filed Feb 2017
Co-investorsBrace PharmaMC Healthcare Ventures
Cogent Communications is a facilities-based Internet Service Provider operating a multinational network across North America, Europe, Latin America, and Asia-Pacific.
Cloud ComputingData & InfrastructureEnterprise Software
Dave Schaeffer(Founder and Chief Executive Officer)
Co-investorsJerusalem Venture Partners (JVP)Norwest Venture PartnersOak Investment Partners
Mineralys Therapeutics is a clinical-stage pharmaceutical company developing lorundrostat, a treatment targeting dysregulated aldosterone.
BiotechHealthtechRadnor, US
Eric Warren(Chief Commercial Officer)Alex Gold(Chief Medical Officer)Adam Levy(Executive Officer)Alexander Asam(Director)
BoardBrian Taylor Slingsby(Founder & former CEO / Board Director)Olivier Litzka(Director)in
Co-investorsAndera PartnersSamsara BioCapitalSR One Capital ManagementYsios CapitalCatalys PacificRA Capital
OnKure Therapeutics is a clinical-stage biopharmaceutical company developing PI3Kα pan-mutant selective inhibitor medicines for the treatment of breast cancer and vascular anomalies.
BiotechDigital HealthHealthtechMedical DevicesBoulder, US
Jason Leverone(Executive Officer)Samuel Agresta(Executive Officer)Dylan Hartley(Executive Officer)Nicholas Saccomano(Executive Officer, Director)Wendy Johnson(Executive Officer)
BoardIsaac Manke(Director)in
Co-investorsAccess BiotechnologyRiverVest Venture PartnersAbingworthACORN BIOVENTURESNew Enterprise Associates (NEA)
BiotechBoulder, US
Nicholas Traggis(Executive Officer, Director)
BoardDavid Snitman(Director)William S. Marshall(Director)John Orwin(Director)
Board seatKyle Lefkoff· per SEC Form D
Co-investorsBiotechnology Value Fund
HealthtechBoulder, US
Jason Myers(Executive Officer, Director)Christian LaPointe(Executive Officer)
BoardPaul Manning(Director)in
Board seatKyle Lefkoff· per SEC Form D
Co-investorsCrawley VenturesLongwood FundPBM Capital
Boulder, US
Richard Whitcomb(Executive Officer, Director)
BoardDmitry Akhanov(Director)John Creecy(Director)Michael Routh(Director)William Marshall(Director)
Board seatKyle Lefkoff· per SEC Form D · $2.3M raise · filed Feb 2015
Boulder, US
Andrew Torbin(Executive Officer, Director)
BoardHerv? Touati(Director)
Board seatKyle Lefkoff· per SEC Form D
Denver, US
Marcus J. Mollmann(Executive Officer, Director)
BoardChristopher Roser(Director)Manish Vachharajani(Director)
Board seatPeter Roshko· per SEC Form D · $5M raise · filed Apr 2016
CommercialTribe is a Denver-based enterprise SaaS company offering video-based sales training and certification software.
Denver, US
Paul J. Ironside(Executive Officer, Director)Nathan Smalley(Executive Officer, Director)
BoardFrank Medicino(Director)Joseph R. Zell(Director)John Steward(Director)
Board seatKyle Lefkoff· per SEC Form D
Co-investorsAccess Venture PartnersCrawley VenturesAccess VenturesFirstMile VenturesGrotech Ventures
Datavail provides managed database administration, applications support, business intelligence, and process automation services for enterprise organizations.
AI & Machine LearningCloud ComputingData & InfrastructureEnterprise SoftwareSaaSBroomfield, US
Andrew Evans(Executive Officer)Mark Perlstein(Executive Officer, Director)Michael Jones(Director)David Boyle(Executive Officer)Andrew Morley(Director)Jeffrey Colvin(Director)
Board seatPeter Roshko· per SEC Form D
Co-investorsCatalyst InvestorsLead Edge Capital
Opanga builds RAIN, an AI and machine learning network optimization platform for mobile network operators and communication service providers, providing real-time traffic optimization, network intelligence, and energy reduction.
AI & Machine LearningCleantechEnterprise SoftwareSeattle, US
Mary Dougherty(Executive Officer)Cole Brodman(Executive Officer, Director)Michael Targett(Executive Officer)Edward M. Salley(Member of the Board of Directors)Mary Frances Dougherty(Treasurer)William Michael Targett(Secretary)
Board seatKishen Mangat· per SEC Form D
Co-investorsCisco InvestmentsTrilogy Equity Partners
Kirkland, US
Mary Dougherty(Executive Officer)Debby Toye(Executive Officer)Charles Immendorf(Executive Officer)Shaun McCarthy(Executive Officer)Mary Frances Dougherty(Executive Officer)Charles James Judson(Executive Officer)
Board seatKishen Mangat· per SEC Form D · $4.5M raise · filed Feb 2025
Baltimore, US
Thomas Boosinger(Executive Officer, Director)William G. Karpovich(Executive Officer, Director)
BoardDavid Joubran(Director)
Board seatJonathan Perl· per SEC Form D · $3M raise · filed May 2026
Ambrosia Biosciences is a drug discovery company developing orally delivered, small molecule therapies for obesity and other metabolic disorders.
BiotechHealthtechLongevity
Antithesis provides deterministic simulation testing software that automatically finds and reproduces bugs in mission-critical software systems.
AI & Machine LearningDeveloper ToolsEnterprise SoftwareSaaS
Will Wilson(CEO & Co-Founder)inDave Scherer(Co-Founder)Nick Lavezzo(Founder)in
Co-investorsAmplify PartnersTamarack GlobalFrontline VenturesSpark CapitalTeamworthy VenturesWorldQuant Ventures+1 more
BiotechWestminster, US
Michael R. Bristow(Executive Officer, Director)Thomas A. Keuer(Executive Officer)Brian L. Selby(Executive Officer)Christopher D. Ozeroff(Executive Officer)Richard B. Brewer(Director)Jean-Francois Formela(Director)
Boulder-based biopharmaceutical company developing targeted small molecule cancer drugs; acquired by Pfizer in 2019.
Co-investorsARCH Venture Partners
Cisco provides networking, data center, and security technology for enterprises, including infrastructure to run traditional and AI workloads and tools to keep organizations running against cyberattacks and outages.
Cloud ComputingCybersecurityEnterprise SoftwareIoTSan Jose, US
John ChambersinChuck Robbinsin
Co-investorsAccess Venture PartnersAllegisCyber CapitalAviv Venture CapitalBantam GroupCastile VenturesCeltic House Venture Partners+31 more
Co-investorsCrawley Ventures
Clean Republic makes salt-based cleaning and wellness products built around hypochlorous acid (HOCl), an EPA-registered disinfectant made only from salt, water, and electricity.
ConsumerDirect to ConsumerWellness & Fitness
Needham, US
Eric Schraufnagel(Founder)inAndrea Valente(Executive Officer, Director, Promoter)
BoardSteve Lindseth(Director)Bob Conway(Director)
Co-investorsJoyance PartnersNelstone VenturesSocial StartsCU Healthcare Innovation FundFirst Trust Capital Partners
Comeryx is an AI-native managing general agent (MGA) offering a fully digital platform for quoting, binding, and issuing Excess & Surplus insurance for small business artisan contractors.
AI & Machine LearningFintechInsurTech
Co-investorsAltai VenturesAmerican Family VenturesEchelonIntact Ventures
DMC Biotechnologies is a U.S.-based biomanufacturer that uses precision fermentation and its Dynamic Metabolic Control platform to produce bio-based specialty chemicals and ingredients, such as L-alanine and fermented inositols.
BiotechClimate TechNew MaterialsBoulder, US
Josh Yelen(Executive Officer)Josko Bobanovic(Director)K'Lynne Johnson(Director)Alastair Cooper(Director)Jim Flatt(Executive Officer, Director)Doug Cameron(Director)
Co-investorsBreakthrough Energy VenturesSofinnova PartnersCapricorn Venture Partners
Reston, US
William L Welch(Executive Officer, Director)Gene Sohn(Executive Officer, Director)Don Rainey(Director)Anthony Lopresti(Executive Officer, Director)
BoardJonathan Perl(Director)
kSARIA provides interconnect solutions, including connectors and cabling products, for the military and aerospace industry.
Advanced ManufacturingDefense TechHardware
Co-investorsEPIC VENTURES
Digital HealthMedical Devices
Co-investorsEntrada Ventures
Metron Aviation builds air traffic flow management (ATFM) software for aviation authorities and air navigation service providers, including COMPASS, a global ATFM coordination platform, and Harmony for collaborative decision-making and management of traffic management initiatives.
Enterprise SoftwareMobility & TransportationSaaS
ng-voice builds a cloud-native, infrastructure-agnostic Hyperscale IMS (IP Multimedia Subsystem) software stack for producing voice services over 4G/5G networks, covering VoLTE, VoNR and VoWiFi for both consumer and IoT use cases.
Cloud ComputingDeep TechEnterprise Software
PeopleReign develops AI-powered technology using natural language processing and machine learning to automate routine business processes for enterprise employees.
AI & Machine LearningEnterprise SoftwareFuture of WorkHR TechSan Jose, US
Dan Turchin(CEO)
BoardJonathan Perl(Director)in
Co-investorsAcadian Ventures Management, LlcJC2 VenturesMighty CapitalMoxxie VenturesSterling Road
PlayMetrics offers an all-in-one club management software platform for youth soccer clubs, centralizing club management workflows in a single hub.
SaaSSports Tech
Co-investorsGenstar
RapidFort provides a software supply chain security platform that analyzes and hardens container images to eliminate vulnerabilities and reduce attack surface across development and production environments.
Cloud ComputingCybersecurityDeveloper ToolsSunnyvale, US
Mehran Farimani(CEO & Founder)inRuss Andersson(COO, Co-founder)inRajeev Thakur(CTO & Founder)inGeorge Manuelian(CRO, Co-founder)inRajeev T(Founder)
BoardRobert Mee(Director)
Co-investorsForgePoint CapitalCheyenne VenturesDelta-v CapitalEvolution VenturesFelicis VenturesFlorida Funders+7 more
SaaSBoulder, US
Tracey Riese(Director)Cameron McCaddon(Executive Officer, Director)Tim O'Neill(Director)Erika Trautman(Executive Officer, Director)Bart Lorang(Director)
Co-investorsTechstarsGolden Seeds
Sovrn provides advertising and commerce software for publishers, helping them optimize and diversify their monetization channels.
AdTechData & InfrastructureMarketing TechSaaSBoulder, US
Todd Siegler(Chief Operating Officer and Secretary)Matt Arkin(Chief Revenue Officer)Nolan Smith(Vice President, Finance)Walter Knapp(Chief Executive Officer)
BoardFred Harman(Director)Greg Martin(Director)
Co-investorsArcher Capital GroupArcher Venture CapitalFoundryOak Investment PartnersProgress VenturesStructural Capital
Spectrum Effect develops Spectrum-NET, a software solution that uses AI and automation to detect and mitigate RF interference in mobile networks, helping operators improve throughput, network performance, and spectral efficiency.
AI & Machine LearningEnterprise SoftwareSaaSBriarcliff Manor, US
Charles Immendorf(Founder)
Co-investorsBigfoot Capital
Stardog provides an Enterprise Knowledge Graph platform that enables enterprises to unify hybrid and varied data based on meaning.
AI & Machine LearningData & InfrastructureEnterprise SoftwareSaaS
Evren SirininMichael GroveinNavin SharmainYoav PerskyinChris ScaliainSandy Terryin
Co-investorsContour Venture PartnersDcode CapitalPresidio VenturesTENFORE HOLDINGS
Synaptic builds vertical AI agents and process-automation apps that extend existing Salesforce environments, offering Provider AQ for healthcare payers and providers, Service AQ for government service delivery, and Service AQ for technology companies.
AI & Machine LearningEnterprise SoftwareSaaS
TerraGo is a cloud-based, no-code field operations software platform that lets cities and utilities manage smart grid and infrastructure networks by integrating sensors, connecting assets, and applying AI-driven insights.
GovTechIoTSaaS
Co-investorsAtlanta Technology Angels
Youreka is a Salesforce-native platform for field data collection that provides intelligent mobile forms guiding technicians through complex procedures, with offline functionality and AI-driven insights.
AI & Machine LearningEnterprise SoftwareSaaS
Co-investorsGrotech Ventures
Zenoss provides service-centric observability technology—including service modeling, dependency mapping, and impact analysis—now part of Virtana's observability platform delivered as Service Observability.
AI & Machine LearningCloud ComputingDeveloper ToolsEnterprise SoftwareSaaSAustin, US
Greg Stock(Executive Officer, Director)Matt Bates(Executive Officer)Taylor Rhodes(Director)
BoardDon Rainey(Director)Mitch Mumma(Director)Thomas Jennings(Director)in
Co-investorsSummit Partners
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.
Exits · 6
IPOs and acquisitions across the tracked portfoliomiRagen TherapeuticsNASDAQ: VRDNCogent CommunicationsNASDAQ: CCOIMineralys TherapeuticsNASDAQ: MLYSOnkure Therapeutics IncNASDAQ: OKURLightdeckdxacq. by Antech DiagnosticsYourekaacq. by Dispatch Technologies
Portfolio news
latest coverage across their companies
Mineralys Therapeutics · mychesco.com · Aug 18, 2026
Cogent Communications · defenseworld.net · Jul 19, 2026
Comeryx · fintech.global · Mar 3, 2026
RapidFort · thesaasnews.com · Feb 4, 2026
Frequently asked questions
- How many investments has Boulder Ventures made?
- Boulder Ventures has 16 tracked investments.
- What stage does Boulder Ventures invest at?
- Boulder Ventures invests at the Series A stage.
- What is Boulder Ventures's typical check size?
- Boulder Ventures typically writes checks of $1M – $4M.
- What sectors does Boulder Ventures focus on?
- Boulder Ventures focuses on AI & Machine Learning, Biotech, Cybersecurity, Data & Infrastructure, Developer Tools, Enterprise Software, Hardware, Healthtech, Medical Devices, SaaS, Sector Agnostic.
- Where is Boulder Ventures located?
- Boulder Ventures is headquartered in Boulder, US.
- Does Boulder Ventures lead rounds?
- Yes, Boulder Ventures leads investment rounds.
- Who does Boulder Ventures co-invest with?
- Boulder Ventures most often shares deals with Amplify Partners, Frontline Ventures, Mighty Capital, among 17 tracked co-investors.
From the blog
visit blog ↗Boulder Ventures has written about founder readiness and market timing in startup success, concerns about AI company valuations amid a potential tech bubble, and the firm's team expertise and recent fund closing. AI summary
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