Before we kick off 2022, let’s take a quick look at our portfolio milestones.Β
Collectively, our companies raised over $130M in 2021. 5 companies exited our portfolio β including Shotzr (acquired by Shutterstock), Cloud Elements (acquired by UIPath), Shapeshift decentralized (more below), our stake in Dizzion was scooped up by LLR Partners and, finally, Digital Ocean went public.
We’re proud of all of our teams reaching new stages of growth, releasing innovative technology & continuing to build great teams right here in Colorado. Most of our portfolio is actively hiring β check out our new consolidated job board to review all the job openings.
Cloud Campaign: a comprehensive marketing platform for agencies & freelancers
- π· Team Members: 11β 23
- π Doubled Revenue
- π° Capital Raised: $5M (Series A)
- π Product: enhanced reporting, expanded integrations
- NPS: +71 (+30 over the SaaS NPS benchmark for 2020)
- Read Ryanβs 2021 review
Red Canary: world-class security for your endpoints, cloud, identity, email, & SaaS apps
- π· Team Members: 237β 395
- π Customer Growth: 100%+
- π° Capital: $81M (Series C)
- π Product: New release of security operations platform, including advanced automation & detection sharing across customers
TextUs: SMS for businesses that want to engage in real-time conversations
- π· Team Members: 38 β 52
- π° Capital Raised: $22M (Series C)
- π Product: New Integrations & further expansion of the TextUs βNextβ platform
Tetra Insights: a qualitative insights platform that makes it easy to turn your user research into valuable insights
- π· Team Members: Doubled
- π Doubled Revenue
- π° Capital Raised: $5M (Series A)
- π Product: Revamped onboarding & Okta SSO
Bonusly: an engaging recognition and rewards platform that enriches your company culture
- π· Team: 59 β 125
- π Doubled Revenue
- π Product: Advanced analytics, integrations, release of Signals surveys
- New giving options raised $1M+ for charitable organizations
- π Named on the Inc. 5000 List & as a Built In Colorado’s Best Place to Work
TurboTenant: the all-in-one, property management tool that streamlines how you manage the rental process
- π· Team Members: 26 β 37, Seamus Nally became CEO!
- π Revenue Growth: 161%
- π Product: New Lease & Form Subscription & Rent Payments
GoodBuy Gear: the leading online marketplace for quality checked, secondhand & open box kiddo gear
- π· Team Members: 24β 38
- π Customer Growth: 100%+, 45k+ families
- π 100k+ items saved from going into landfills
- New look: New rebrand & curated experience
- Expanded to Houston & Philly to serve new regions
Resurface: your API system of record
- π Forbes’ Top 25 ML Startups to Watch In 2021
- π Product: Release of 3.0 feat. Slack & Teams integrations & captures at 1M calls/min
Inspirato: Β a collection of exclusive luxury vacation rentals and travel experiences
- π Inspirato is set to go public
ThreatX: API Security and web application protection for hybrid cloud environments
- π· Team Members: 25 β 41
- π Doubled Revenue
- π Customer Growth: 140%
- π° Capital Raised: $10M Series A
- π Product: Named as a Visionary in Gartner’s Magic Quadrant, ranked 4.9/ 5 in Gartner Peer Insights
Ascent 360: a one-click, data-driven B2C marketing platform
- π· Team Members: 40β 50
- π Customer Growth: Outpacing customer growth on Flash360
- π Product: Released Flash360, a brand new, modern CDP platform with one-click implementation & a host of new integrations.
Hyperia: your AI meeting assistant turning conversations into insights
- π Product: Itβs go time! Official launch (!) of product & SDK
- π· Second-time AVP founding team (Elliot Turner previously started AlchemyAPI)
Planet IQ: the worldβs first commercial satellite constellation exclusively focused on weather
- π Product: Itβs go time! Successful launch of 1st satellite into space
- π Customer-ready: Began selling data & generating revenue
- π Demonstrated that Planet IQ radio occultation technology is superior to the latest generation technology
RADICL Defense: protects small and medium sized businesses from nation state level cyberthreats
- π· Second-time AVP founding team (Chris Petersen previously cofounded LogRhythm)
- π° Capital Raised: Emerged from stealth with $3M (Seed) backed by industry leaders
- Hear from the founding team on why they started RADICL
Shapeshift: your complete crypto management platform
- Read more about why (and how) ShapeShift chose to decentralize
TaskEasy: automated professional lawn care & yard maintenance
- π Customer Growth: 5x property growth
- π Gaining traction in 3 newly launched service verticals
And that’s a wrap!Β If you’re a startup interested in raising early-stage funding for your tech startup, reach out to us β we invest in a range of industries, stages and teams.