About Innosphere Ventures
Innosphere Ventures is a venture capital firm founded in 2017. It is primarily based out of Fort Collins, United States. As of Mar 2025, Innosphere Ventures has invested in 16 companies. It primarily invests in Seed round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to High Tech and Life Sciences. Most recently it participated in the $***** Seed round of EyePop.ai Overall, Innosphere Ventures portfolio has seen 3 acquisitions, namely Epic River, ResourceX and Boulder AI. A lot of funds co-invest with Innosphere Ventures, with names like Next Frontier Capital sharing a substantial percentage of its portfolio. Innosphere Ventures has team of 1 people including 1 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed
Portfolio Acquisitions
Innosphere Ventures' List of Top Investments
Innosphere Ventures has a portfolio of 16 companies. Their most notable investments are in Burst Diagnostics and Burst Diagnostics.Their portfolio spans across and United States. They have invested in Enterprise Applications, High Tech, Life Sciences and 13 other sectors, across stages such as Seed stage. Here is the list of top investments by Innosphere Ventures:
1. Catalyze
Key facts about Catalyze
- Founded Year: 2017
- Location: Boulder (United States)
- Stage: Series A
- Total Funding till date: $89.6M
- Employee Count: 148 as on May 31, 2026
- Investors: Deutsche Bank, RBC Capital Markets and 6 Others
- Latest Funding Round: Conventional Debt, Sep 04, 2025, $*****
2. Bandwango
Provider of mobile passes for local businesses to attract visitors and increase revenue. These passes showcase local restaurants, breweries, attractions, and other points of interest, allowing users to check in at various locations. The platform provides data on visitor interactions, demonstrating economic impact. Businesses can create and customize passes, adding merchants and destinations easily. The service includes customer support and passholder assistance, along with analytics tracking. This facilitates experiences with local businesses, creating meaningful connections and contributing to community growth.
Key facts about Bandwango
- Founded Year: 2012
- Location: Salt Lake City (United States)
- Stage: Series A
- Total Funding till date: $9.18M
- Employee Count: 40 as on May 31, 2026
- Investors: SaaS Ventures, Innosphere Ventures and 4 Others
- Latest Funding Round: Series A, Dec 04, 2023, $*****
3. Gravwell
Gravwell provides real-time data analytics platform using ML technologies. It allows users to analyze log data and helps manufacturing, logistics and IT infrastructure industries to improve their business performance. It helps understand data and capture actionable insights using machine learning. It offers a subscription-based pricing model.
Key facts about Gravwell
- Founded Year: 2017
- Location: Coeur d Alene (United States)
- Stage: Series A
- Total Funding till date: $15.4M
- Employee Count: 36 as on May 31, 2026
- Investors: Gula Tech Adventures, Innosphere Ventures and 2 Others
- Latest Funding Round: Series A, Oct 21, 2025, $*****
- Highlight: Editors' Pick
4. GelSana
Developer of novel hydrogels for wound healing. The company has developed the first bio-inert adhesive hydrogel delivery system that offers controlled delivery of therapeutics to promote healing and accelerate wound closure while avoiding unwanted inflammatory responses.
Key facts about GelSana
- Founded Year: 2020
- Location: Aurora (United States)
- Stage: Series A
- Total Funding till date: $4.83M
- Employee Count: 7 as on May 31, 2026
- Investors: Innosphere Ventures, CBSA and 4 Others
- Latest Funding Round: Grant (prize money), Jul 07, 2025, $*****
Software offering data privacy solutions. Custom and packaged applications running anywhere in the cloud, on distributed platforms or on mobile devices have real-time, read-write access to always-in-sync data on the IBM Z platform. It allowing mainframe applications to read and write data from other platforms in real time the way a client would.
Key facts about VirtualZ Computing
- Founded Year: 2018
- Location: Minneapolis (United States)
- Stage: Seed
- Total Funding till date: $4.9M
- Employee Count: 11 as on May 31, 2026
- Investors: Next Coast Ventures, Innosphere Ventures and 2 Others
- Latest Funding Round: Seed, Jun 20, 2024, $*****
- Highlight: Editors' Pick
Innosphere Ventures' Year-on-Year Investment Trends
Innosphere Ventures has invested in 16 companies over the last 9 years, with an average of 1 new investment annually in the last 5 years. In 2025, it made 1 investment. Its most recent first time investment was in EyePop.ai and most recent follow-on round was in Burst Diagnostics.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 1 | 0 | 1 |
2024 | 0 | 0 | 0 |
2023 | 1 | 1 | 2 |
2022 | 2 | 0 | 2 |
2021 | 2 | 1 | 3 |
2020 | 1 | 0 | 1 |
2019 | 2 | 1 | 3 |
2018 | 1 | 1 | 2 |
2017 | 1 | 0 | 1 |
Innosphere Ventures' Investments by Stage
Innosphere Ventures has made 11 investments in Seed stage with an average round size of $1.81M.Innosphere Ventures' Investments by Sector
Innosphere Ventures has a diverse portfolio, with companies operating in the Enterprise Applications, High Tech, Vertical SaaS, HealthTech and Life Sciences. Notably, it has invested in 14 Enterprise (B2B) companies, 14 Tech companies, 10 Software companies and at least 6 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 7 |
High Tech | 5 |
Vertical SaaS | 3 |
HealthTech | 2 |
Life Sciences | 2 |
Others | 9 |
Note: We have considered here, only first round of investments
Innosphere Ventures' Investments by Geography
Innosphere Ventures has made most investments in United States (11).Innosphere Ventures' recent investments
Innosphere Ventures has not made any investment in 2026 so far.Here are the most recent investments by Innosphere Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Mar 06, 2025 | United States | Seed | 3776 | - | |
Dec 12, 2023 | United States | Seed | 5569 | ||
Mar 09, 2023 | United States | Seed | 7855 | ||
Jun 08, 2022 | United States | Seed | 4865 | - | |
May 16, 2022 | United States | Seed | 7811 | - |
Acquired companies in Innosphere Ventures' Portfolio
3 companies from Innosphere Ventures' portfolio have been acquired. The most recent acquisition was Epic River in May 2025 by Kinective for $*****.Here are Innosphere Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
May 06, 2025 | Jul 29, 2019 | Seed | 9315 | |
Oct 31, 2023 | Nov 11, 2021 | Seed | 5278 | |
Jun 21, 2021 | Sep 11, 2019 | Seed | 4593 |
Team profile of Innosphere Ventures
Innosphere Ventures has a team of 1 member located in United States. Innosphere Ventures' team does not sit on the board of any company as of now.Co-investors of Innosphere Ventures
Over the past 9 years, 19 investors have co-invested in Innosphere Ventures's portfolio companies. This includes funds and angels.
- Invested before Innosphere Ventures: CBSA, America’s Seed Fund and 1 other have invested in rounds before Innosphere Ventures. There is 1 company where CBSA has invested before Innosphere Ventures and 1 company where America’s Seed Fund has invested before Innosphere Ventures.
- Top Co-investors of Innosphere Ventures: 5 investors entered a company along with Innosphere Ventures. These include investors like Next Frontier Capital (1 company).
- Invested after Innosphere Ventures: A total of 11 investors have invested in Innosphere Ventures's portfolio after their investments. Top Investors include HHS (3 companies), Innosphere Ventures (1 company) and Mines (1 company).
Recent News related to Innosphere Ventures
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Innosphere Fund leads $2.85M investment in EyePop.aiReporterherald•Mar 07, 2025•Innosphere Ventures, EyePop.ai
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Innosphere Ventures Fund invests in mobile advertising firmBizWest•Jun 26, 2024•Innosphere Ventures, Nickelytics
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Storage Startup VirtualZ Raises $4.9M For Real-Time Mainframe Data AccessCRN•Dec 12, 2023•VirtuALZ, Next Frontier Capital, Next Coast Ventures, Innosphere Ventures and 3 others
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Innosphere ventures launches second venture capital fund to lead early-stage investmentsGeospatial World•Oct 05, 2021•Innosphere Ventures
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Catalyze receives $4.6M investment from Innosphere, Prisma EnergyInnovatioNews•Mar 28, 2019•Catalyze, Catalyze, Innosphere Ventures, Prisma Energy Solutions and 1 other
