About CanopyBoulder
CanopyBoulder, an accelerator and incubator program founded in 2014, is based in Boulder, United States. With a presence in 3 countries, it has supported around 53 startups in sectors like Food and Agriculture Tech, Enterprise Applications. As of Oct 2026, CanopyBoulder has witnessed 4 portfolio exits. Most notable companies in
its portfolio include Wurk, Front Range Biosciences and Weller. The program is backed by a team of 4 people who primarily support Seed startups based in United States. Its latest investment was a $3M Seed round in Weller on Jul 19, 2019, which also saw participation from LivWell and Great Oaks Venture Capital.
Key Metrics
Founded Year
2014
Location
Boulder, United States
Portfolio Companies
Sectors of Investment
Stages of Investment
Seed & Unattributed
Locations of Investment
CanopyBoulder's List of Top Investments
CanopyBoulder has a portfolio of 53 companies. Their most notable investments are in Healthy Headie and Front Range Biosciences.Their portfolio spans across United States, Brazil and Israel. They have invested in Food and Agriculture Tech, Enterprise Applications, High Tech and 11 other sectors, across stages such as Seed, Unattributed stages. Here is the list of top investments by CanopyBoulder:
1. Wurk
Wurk is a HR management platform. Features enable users to recruit, onboard, manage & evaluate in a single platform. Payroll automation, ACA compliance, time tracking and a centralized platform for HR communication is also provided. Partners with Taxbreak, SmartSuite and more. Claims to have more 30,000 employees using the product.
Key facts about Wurk
- Founded Year: 2015
- Location: Denver (United States)
- Stage: Series B
- Total Funding till date: $26.7M
- Employee Count: 79 as on Sep 30, 2026
- Investors: Phyto Partners, Eaglehead Capital and 8 Others
- Latest Funding Round: Series B, Mar 26, 2020, $*****
- Highlight: Editors' Pick
Plant breeding platform offering services and hemp seeds. The tools include tissue culturing, genetic assays, and marker assisted breeding that enables a grower to reduce crop loss due to pathogens and develop new strains of plants for commercial properties. The product offering include hemp seeds and nursing services.
Key facts about Front Range Biosciences
- Founded Year: 2015
- Location: Boulder (United States)
- Stage: Deadpooled
- Total Funding till date: $48.3M
- Employee Count: 17 as on Sep 30, 2026
- Investors: Phyto Partners, Altitude Investment Management and 21 Others
- Latest Funding Round: Series B, Feb 14, 2020, $*****

3. Weller
Key facts about Weller
- Founded Year: 2017
- Location: Boulder (United States)
- Stage: Seed
- Total Funding till date: $4.25M
- Employee Count: 7 as on Aug 31, 2026
- Investors: Harrison Metal, Social Starts and 8 Others
- Latest Funding Round: Seed, Jul 19, 2019, $*****
- Highlight: Editors' Pick

4. PopCom
PopCom provides cloud-based software tools and smart vending machines for offline retailers. The company PopShop Kiosks which is an IoT technology-based smart vending machine. Its features include automated payments, integrated mobile POS, order & inventory management, reporting & analytics and others. It also has advanced payment features, inventory management, cloud-storage solutions and others.
Key facts about PopCom
- Founded Year: 2012
- Location: Columbus (United States)
- Stage: Seed
- Total Funding till date: $2.3M
- Employee Count: 4 as on Dec 29, 2025
- Investors: Chase, NCT Ventures and 11 Others
- Latest Funding Round: Seed, Jun 29, 2020, $*****
- Highlight: Editors' Pick

5. SPARE
Cash withdrawal solution for consumers. Enables to support local small business by using their virtual ATM, more secure and convenient way of accessing cash, check cashing, peer-to-peer payments, credit building, and more. Application is made available on Android and iOS platforms.
Key facts about SPARE
- Founded Year: 2013
- Location: West Hollywood (United States)
- Annual Revenue: $0 - $1M as on Dec 31, 2016
- Valuation: $*****
- Stage: Seed
- Total Funding till date: $20K
- Employee Count: 14 as on Aug 31, 2026
- Investors: INV Fintech, Techstars and 3 Others
- Latest Funding Round: Seed, Apr 2026, $*****
CanopyBoulder's Year-on-Year Investment Trends
CanopyBoulder has invested in 53 companies over the last 11 years, with an average of 2 new investments annually in the last 10 years. Its most recent first time investment was in Weller and most recent follow-on round was in Front Range Biosciences.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 0 | 0 | 0 |
2024 | 0 | 0 | 0 |
2023 | 0 | 0 | 0 |
2022 | 0 | 0 | 0 |
2021 | 0 | 0 | 0 |
2020 | 0 | 0 | 0 |
2019 | 1 | 0 | 1 |
2018 | 7 | 0 | 7 |
2017 | 9 | 1 | 10 |
CanopyBoulder's Investments by Stage
CanopyBoulder has made 32 investments in Seed stage with an average round size of $282K and 1 investment in Unattributed stage.Stage of entry | No. of Investments |
|---|---|
Seed | 32 |
Unattributed | 1 |
Note: We have considered here, only first round of investments
CanopyBoulder's Investments by Sector
CanopyBoulder has a diverse portfolio, with companies operating in the Food and Agriculture Tech, Enterprise Applications, Retail, High Tech and Consumer. Notably, it has invested in 33 Tech companies, 27 Consumer (B2C) companies, 23 Enterprise (B2B) companies and at least 15 companies focusing on Software.Sector | No. of Investments |
|---|---|
Food and Agriculture Tech | 9 |
Enterprise Applications | 7 |
Retail | 6 |
High Tech | 5 |
Consumer | 4 |
Others | 28 |
Note: We have considered here, only first round of investments
CanopyBoulder's Investments by Geography
CanopyBoulder has made most investments in United States (30), followed by Brazil where it has made 1 investment.Country | No. of Investments |
|---|---|
United States | 30 |
Brazil | 1 |
Israel | 1 |
Note: We have considered here, only first round of investments
CanopyBoulder's recent investments
CanopyBoulder has not made any investment in 2026 so far.Here are the most recent investments by CanopyBoulder:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jul 19, 2019 | United States | Seed | 5848 | [+5] | |
Jan 17, 2018 | United States | Seed | 4387 | - | |
2018 | United States | Seed | 9901 | - | |
2018 | United States | Seed | 9087 | - | |
2018 | - | Seed | 6032 | - |
Acquired companies in CanopyBoulder's Portfolio
4 companies from CanopyBoulder's portfolio have been acquired. The most recent acquisition was Bloom Automation in Nov 2022 by Eteros for $*****.Here are CanopyBoulder's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Nov 03, 2022 | Feb 14, 2017 | Seed | 2233 | |
Aug 26, 2021 | - | - | 2133 | |
Feb 07, 2018 | Jun 08, 2015 | Seed | 6061 | |
Feb 06, 2018 | Feb 25, 2016 | Seed | 2707 |
Team profile of CanopyBoulder
CanopyBoulder has a team of 4 members located in United States. CanopyBoulder's team does not sit on the board of any company as of now.Co-investors of CanopyBoulder
Over the past 11 years, 43 investors have co-invested in CanopyBoulder's portfolio companies. This includes funds and angels.
- Invested before CanopyBoulder: Harrison Metal and Right Side Capital Management have invested in rounds before CanopyBoulder. There is 1 company where Harrison Metal has invested before CanopyBoulder and 1 company where Right Side Capital Management has invested before CanopyBoulder.
- Top Co-investors of CanopyBoulder: 11 investors entered a company along with CanopyBoulder. These include investors like LivWell (1 company).
- Invested after CanopyBoulder: A total of 30 investors have invested in CanopyBoulder's portfolio after their investments. Top Investors include Phyto Partners (3 companies) and Arcadian Capital (3 companies).
Recent News related to CanopyBoulder
•
Weller Raises $3M in Series Seed RoundBevNET.com•Jul 22, 2019•Brand Foundry Ventures, Weller, LivWell, Great Oaks Venture Capital and 4 others
•
•
•
•
CanopyBoulder Launches 9th Canna-business Accelerator ProgramGanjapreneur•Feb 15, 2018•CanopyBoulder
•
CanopyBoulder™ Invests $180,000 In Cannabis Startups, Raises over $2 Million for 2018 FundPR Newswire•Feb 14, 2018•CanopyBoulder, TreatmentX, KNXIT, Catalyst Business Partners and 3 others
•
•
AI company in Boulder brings computer vision to farmingBizWest•Jan 26, 2018•dgai.com, Deepgreen.ai, CanopyBoulder
•
Cannabis Agricultural Biotech Company Front Range Biosciences Raises $3 Million in Bridge Round FundingPR Newswire•Sep 20, 2017•Front Range Biosciences, Phyto Partners, Salveo Capital, Sand Hill Angels and 5 others
•
Canopy™ Invests $300,000 In 10 Cannabis StartupsYahoo•Feb 16, 2017•Who is Happy, CanopyBoulder, Canna Zoning, Bloom Automation and 3 others