Caruso Ventures

Caruso Ventures, founded in 2020 and based in Boulder, Colorado, is a venture capital firm that invests in technology-enabled companies led by effective CEOs. With a focus on early revenue ramp stages, the firm typically makes initial investments ranging from $500,000 to $1 million, and it is open to following up with additional funding as needed. Caruso Ventures is industry agnostic, allowing for a diverse investment portfolio, and it primarily concentrates its efforts within Colorado. The firm employs its extensive scale-up experience to support the next generation of tech leaders in realizing their visions, often utilizing Special Purpose Vehicles (SPVs) to facilitate participation from additional investors in select ventures.

Rachel Anderson

Associate, Direct Investments

Dan Caruso

Managing Director

Past deals in Colorado

Vescent Photonics

Seed Round in 2024
Vescent develops and manufactures novel electro-optic and laser technologies. We offer frequency-stabilized diode laser systems, precision control electronics, accessory electro-optic modules, and mode-locked lasers and frequency combs. Our scientists and engineers are continuously developing cutting-edge solutions to technical challenges. HQ: 14998 W 6th Ave, Suite 700, Golden, CO 80401

Agile Space Industries

Seed Round in 2023
Agile Space Industries Inc. specializes in the design, manufacture, and testing of in-space propulsion systems for satellites and spacecraft. Founded in 2009 and based in Durango, Colorado, the company utilizes advanced 3D metal alloy printing techniques to create scalable propulsion solutions, including storable monopropellant and bipropellant thrusters, as well as integrated propulsion systems tailored to various space vehicle form factors. Agile Space Industries also offers a range of precision diagnostic test services, encompassing atmospheric, altitude, and vacuum testing, along with comprehensive testing for components, integrated modules, and complete systems. With over a decade of experience, the company has collaborated with prominent organizations in the aerospace sector, including SpaceX and NASA, to support defense, civil, and commercial space initiatives.

Pipeline Equity

Venture Round in 2021
Pipeline Equity Inc. is a software company that focuses on improving workplace gender equity through its artificial intelligence-driven platform. Founded in 2017 and based in Denver, Colorado, the company provides a Software as a Service (SaaS) application designed to assess, address, and take action against gender biases that negatively impact financial performance. Its offerings include the Pipeline Dashboard, which delivers actionable recommendations for achieving gender equity; the Pipeline Score, which highlights an organization's commitment to eradicating bias; and the Pipeline Forecast, which outlines timelines for investment and anticipated returns. By closing the gender equity gap, Pipeline aims to enhance business outcomes and foster a positive company culture.

Spark Grills

Convertible Note in 2020
Spark Grills features proprietary wood and charcoal Briq system, loading and quick ignition is simple, while clean-up is seamless and mess-free. Spark is a design-forward charcoal grill that fires up in seconds and has oven-like temperature control, allowing grilling enthusiasts, and home chefs alike, to dial in their culinary creativity. It was founded in 2017 and headquartered in Boulder, Colorado.

Grownetics

Seed Round in 2016
Grownetics offers integrated software and hardware tools for optimized cultivation. Their tools empower growers, farmers, and botanists to cultivate food and medicine while saving time and reducing risk. The community-based grow optimization platform leverages hardware sensing and automation tools to make growing your plants easier than ever while sharing tips and tricks to better yields for measurable improvement. Grownetics combines software, hardware, and machine learning to offer a complete solution for managing and optimizing controlled environment agriculture. It was founded in 2015 and is headquartered in Boulder, Colorado, United States.

Bolder Surgical

Private Equity Round in 2015
Bolder Surgical, founded in 2010 and based in Boulder, Colorado, is dedicated to enhancing surgical practices by designing specialized surgical instruments. The company focuses on creating precisely sized devices that facilitate access to confined and delicate anatomical structures, which is particularly beneficial in pediatric surgery. By catering to the specific needs of surgeons, Bolder Surgical aims to improve procedural approaches and minimize incisions, thereby promoting the safe and effective performance of minimally invasive surgeries for patients ranging from neonates to teenagers.
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