About Boulder Ventures
Boulder Ventures is a venture capital firm founded in 1995. It is primarily based out of Boulder, United States. As of Apr 2026, Boulder Ventures is an active investor, having invested in 62 companies, with 3 new investments in the last 12 months. It primarily invests in Series A round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to Life Sciences and High Tech. Most recently it participated in the $***** Seed round of Brief Overall, Boulder Ventures portfolio has seen 3 IPOs and 39 acquisitions including key companies like Market Force, Cogent and Riot Platforms. A lot of funds co-invest with Boulder Ventures, with names like Intersouth Partners sharing a substantial percentage of its portfolio. Boulder Ventures has team of 9 people including 7 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Series B & 5 more
Portfolio IPOs
Portfolio Acquisitions
Portfolio Soonicorns
Deals in last 12 months
Boulder Ventures' List of Top Investments
Boulder Ventures has a portfolio of 62 companies. Their most notable investments are in SyncHR and Quantum Photonics.Their portfolio spans across United States and United Kingdom. They have invested in Enterprise Applications, Life Sciences, High Tech and 19 other sectors, across stages such as Series A, Series B and 5 more. Here is the list of top investments by Boulder Ventures:1. Market Force
Technology solutions that offer a platform for collecting, integrating and visualizing data. The solutions provide customer experience data and analysis to multi-location businesses. Helps clients identify the actions required at the store level for better customer loyalty and financial performance. They provide a mobile app for internal auditors, mystery shoppers, and customers to complete questionnaires regarding businesses. Provides a dashboard for clients that provides a graphical representation of the data collected. Stakeholders can view the data as per their role and gain actionable insights. Data collection channels they utilize include mystery shopping, customer surveys, compliance audits, social media, and employee engagement surveys. They also provide advisory and market research services. Caters to retailers, restaurants, grocery and convenience stores, gas stations, financial institutions and entertainment studios.
Key facts about Market Force
- Founded Year: 1997
- Location: Louisville (United States)
- Stage: Acquired
- Total Funding till date: $41.3M
- Employee Count: 614 as on Aug 31, 2026
- Investors: Comerica, Delta-v Capital and 9 Others
- Latest Funding Round: Conventional Debt, Aug 01, 2017, $*****
- Highlight: Acquired
2. Cogent
Cogent Communications group's network is designed to transmit data using IP and delivers services primarily to small and medium-sized businesses and communications service providers. Cogent provides on net services and Colocation services to customers through its own facilities. They also provide on-net Internet access to certain bandwidth-intensive users, such as universities, other Internet service providers (ISPs) and commercial content providers.
Key facts about Cogent
- Founded Year: 1999
- Location: Washington, DC (United States)
- Annual Revenue: $100M - $500M as on Dec 31, 2013
- Stage: Public
- Total Funding till date: $116M
- Employee Count: 2,890 as on Aug 31, 2026
- Investors: Worldview Technology Partners, Herald Investment Management and 14 Others
- Latest Funding Round: Post IPO, Jun 19, 2003, $*****
- Highlight: Public
Key facts about Riot Platforms
- Founded Year: 2000
- Location: Castle Rock (United States)
- Annual Revenue: $500M - $1B as on Dec 31, 2025
- Last Known Valuation: $*****
- Stage: Acquired
- Employee Count: 8 as on Sep 30, 2026
- Investors: Fidelity Investments, BlackRock and 9 Others
- Latest Funding Round: Post IPO, Dec 16, 2024, $*****
- Highlight: Acquired
4. Datavail
Datavail Corporation, Inc., a managed service provider, provides remote database management services. It offers design and architecture, database administration, outsourcing, and staff augmentation services, as well as provides support services, such as monitoring, troubleshooting, incident management, corrective maintenance, service request fulfillment, installation, upgrade, backup, and recovery. The company was incorporated in 2007 and is based in Broomfield, Colorado with an additional office in Mumbai, India.
Key facts about Datavail
- Founded Year: 2007
- Location: Broomfield (United States)
- Stage: Acquired
- Total Funding till date: $71M
- Employee Count: 897 as on Mar 31, 2026
- Investors: ORIX, Catalyst Investors and 7 Others
- Latest Funding Round: Series E, Aug 24, 2017, $*****
- Highlight: Acquired
5. Xifin
Xifin is a cloud-based billing & revenue cycle management solutions for diagnostic service providers. It features a business intelligence platform to link healthcare stakeholders in the delivery and reimbursement of care and optimizes both business and patient outcomes. It offers to increase in patient payments, reduces errors in billing data, improves staff productivity and streamline revenue cycle management, enhances patient satisfaction, and reduce bad debt and billing costs.
Key facts about Xifin
- Founded Year: 1997
- Location: San Diego (United States)
- Stage: Acquired
- Total Funding till date: $6M
- Employee Count: 726 as on Aug 31, 2026
- Investors: Goldman Sachs, Enterprise Partners Venture Capital and 5 Others
- Latest Funding Round: Series B, Sep 03, 2025, $*****
- Highlight: Acquired
Boulder Ventures' Year-on-Year Investment Trends
Boulder Ventures has invested in 62 companies over the last 28 years, with an average of 2 new investments annually in the last 10 years. In 2025, it made 1 investment, while as of Apr 2026, it has made 4 investments in this year. Its most recent first time investment was in Brief and most recent follow-on round was in Ambrosia Biosciences.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 3 | 1 | 4 |
2025 | 1 | 0 | 1 |
2024 | 2 | 0 | 2 |
2023 | 1 | 1 | 2 |
2022 | 1 | 0 | 1 |
2021 | 2 | 1 | 3 |
2020 | 1 | 0 | 1 |
2019 | 1 | 3 | 4 |
2018 | 1 | 1 | 2 |
2017 | 2 | 2 | 4 |
Boulder Ventures' Investments by Stage
Boulder Ventures is primarily an Early Stage Investor investor majorly investing in Series A (26) rounds where average round size is $270M, Series B (11) rounds where average round size is $254M and Seed (5) rounds where average round size is $16.3M.Stage of entry | No. of Investments |
|---|---|
Series A | 26 |
Series B | 11 |
Seed | 5 |
PE | 1 |
Post IPO | 1 |
Others | 2 |
Note: We have considered here, only first round of investments
Boulder Ventures' Investments by Sector
Boulder Ventures has a diverse portfolio, with companies operating in the Enterprise Applications, Enterprise Infrastructure, High Tech, Life Sciences and Vertical SaaS. Notably, it has invested in 54 Enterprise (B2B) companies, 49 Tech companies, 30 Software companies and at least 19 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 26 |
Enterprise Infrastructure | 12 |
High Tech | 9 |
Life Sciences | 8 |
Vertical SaaS | 4 |
Others | 33 |
Note: We have considered here, only first round of investments
Boulder Ventures' Investments by Geography
Boulder Ventures has made most investments in United States (43), followed by United Kingdom where it has made 1 investment.Country | No. of Investments |
|---|---|
United States | 43 |
United Kingdom | 1 |
Note: We have considered here, only first round of investments
Boulder Ventures' recent investments
Boulder Ventures has made 4 investments in 2026 so far. Brief and Ambrosia Biosciences are the latest among them.Here are the most recent investments by Boulder Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Apr 14, 2026 | United States | Seed | 3088 | ||
Mar 31, 2026 | United States | Series B | 1127 | ||
Feb 23, 2026 | United States | Seed | 8456 | [+4] | |
Feb 03, 2026 | United States | Series A | 8789 | [+8] | |
Apr 01, 2025 | United States | Series C | 2920 | [+2] |
IPOs and Publicly Listed companies in Boulder Ventures' Portfolio
3 of Boulder Ventures' portfolio companies have become public. Mineralys Therapeutics got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in Feb 2023 at marketcap of $625M and MiRagen got listed on the Nordic and Baltic regions (NASDAQ OMX) at marketcap of $45.6M.Here are Boulder Ventures' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Feb 10, 2023 | Jun 01, 2022 | Series B | 4777 | |
Jun 20, 2014 | Apr 24, 2012 | Series B | 6400 | |
Feb 19, 2002 | Feb 08, 2000 | Series A | 8600 |
Acquired companies in Boulder Ventures' Portfolio
39 companies from Boulder Ventures' portfolio have been acquired. The most recent acquisition was Redeam in Jul 2025 by Travel Curious for $*****.Here are Boulder Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jul 24, 2025 | Mar 30, 2021 | Series B | 1242 | |
Jun 13, 2025 | - | - | 7188 | |
May 14, 2025 | Aug 11, 2006 | Series A | 3308 | |
Sep 04, 2024 | Apr 13, 2023 | Series A | 6049 | |
Aug 01, 2024 | - | - | 9542 |
Team profile of Boulder Ventures
Boulder Ventures has a team of 9 members including 7 Partners located in United States. Boulder Ventures' team sits on the board of 1 company.Here is a list of all team members in Boulder Ventures:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Boulder | - | ||
Partner | Boulder | - | - | |
Partner | Washington, DC | - | ||
Partner | New York City | - | - | |
Partner | Boulder | - | ||
Partner | West Palm Beach | - | - | |
Partner | Baltimore | - | - |
Co-investors of Boulder Ventures
Over the past 28 years, 228 investors have co-invested in Boulder Ventures's portfolio companies. This includes funds and angels.
- Invested before Boulder Ventures: HHS, National Science Foundation and 47 others have invested in rounds before Boulder Ventures. There are 3 companies where HHS has invested before Boulder Ventures and 3 companies where National Science Foundation has invested before Boulder Ventures.
- Top Co-investors of Boulder Ventures: 87 investors entered a company along with Boulder Ventures. These include investors like Intersouth Partners (4 companies).
- Invested after Boulder Ventures: A total of 92 investors have invested in Boulder Ventures's portfolio after their investments. Top Investors include Grotech Ventures (3 companies), Venrock (2 companies) and Perceptive Advisors (2 companies).
Recent News related to Boulder Ventures
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Colorado biotech Ambrosia lands $100M for oral GLP-1Endpoints•Mar 31, 2026•Ambrosia Biosciences, Blue Owl, Deep Track Capital, Samsara BioCapital and 8 others
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Mid-America Brokers Sale of Centennial Place Shoppes in MilwaukeeShopping Center Business•Feb 26, 2026•General Capital, Mid-America, Boulder Ventures
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Comeryx Raises $7.5M in Seed FundingFinSMEs•Feb 23, 2026•Altai Ventures, Arch Capital Group, Boulder Ventures, American Family Ventures and 2 others
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Trellix Partners With RapidFort to Strengthen Software Supply Chain Security Across Product PortfolioBusiness Wire•Feb 18, 2026•Trellix, RapidFort, Florida Funders, Evolution Ventures and 8 others
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RapidFort Raises $42M to Enhance Software Supply Chain SecuritySiliconAngle•Feb 03, 2026•RapidFort, Brave Capital, Florida Funders, Evolution Ventures and 7 others
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Ambrosia Biosciences Announces $25 Million in Series A Financing, Including Strategic Investment from MerckJinglingshuju•Dec 11, 2024•Ambrosia Biosciences, Merck, BVF Partners, Boulder Ventures
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New company develops oral weight loss therapy, completes $16 million in Series A financing; BridgeBio receives $300 million to launch new companyYaorongyun Digital Technology•Oct 23, 2024•BridgeBio, Ambrosia Biosciences, Boulder Ventures, BVF Partners
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Ambrosia Biosciences Raises $16M Series A FinancingFinSMEs•Aug 21, 2024•Ambrosia Biosciences, BVF Partners, Boulder Ventures
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Ambrosia Biosciences announces $16MM Series A FinancingPRWeb•Aug 20, 2024•Ambrosia Biosciences, BVF Partners, Boulder Ventures, Ambrosia Bio
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Spectrum Effect Announces Boulder Ventures Investment and Welcomes Kishen Mangat to the Board of DirectorsBusiness Wire•Dec 05, 2023•Spectrum Effect, Boulder Ventures
