Description
Range Ventures is a Denver, Colorado–based early-stage venture capital firm founded by seasoned operators who back pre-seed, seed, and early institutional rounds, often acting as the first institutional check for founders in Colorado’s Front Range and beyond. The firm leverages founder experience in scaling companies to partner deeply with startups.
Pre-Seed: Selective participation at earliest institutional stage.
Seed: Core focus — primary stage of investment.
Series A: May participate in early Series A follow-ons alongside other investors.
Typical Check Size: ~$1M–$3M initial investment in seed or early institutional rounds.
Typical Ownership Taken: ~5%–12% equity at entry — reflecting an early institutional lead or core participant stake. Seed stage institutional VCs writing $1M+ checks commonly seek mid-single to low-double-digit positions in a company, especially when leading a round, to justify risk and support future rounds.
Upper Range (Selective): Up to ~12%+ in smaller rounds or where Range leads aggressively.
Ownership Style: Minority, but meaningful institutional stake.
Equity Structure: Priced equity preferred or early-stage SAFE on standard terms (depending on round).
Board/Governance: When Range leads or takes a larger allocation, board observer or board seats are possible; in smaller participations, involvement is strategic without control.
Submission Method: Warm introductions are preferred; direct founder outreach through the Range Ventures website is also an entry point.
Lead Behavior: Range is comfortable leading or co-leading rounds and can act as the first institutional capital.
Review Cadence: Rolling; aligned with deal flow and portfolio fit.
Eligibility
Sector Focus: Early-stage technology companies, including software and tech-enabled businesses, often with Colorado or U.S. footprint.
Geography: U.S. (Colorado emphasis), though investments extend beyond Denver/Boulder when justified.
Stage: Pre-seed, seed; early Series A considered with momentum.
Company Profile: Scalable venture opportunities with strong founding teams.
Team: Founders with technical or domain expertise and execution track record.
Process
Initial Intake: Founders submit pitch and materials for alignment with Range’s thesis and geography.
Partner Evaluation: Deep review of team, traction, product/market fit, and role Range can play.
Due Diligence: Standard early-stage diligence (market, unit economics, execution risk).
Deal Structuring: Terms negotiated to balance founder control, runway needs, and institutional alignment.
What an Applicant can Obtain
Strategic Capital: Early institutional funding of $1M–$3M+ per round.
Operator Support: Deep engagement by former founders/operators with scaling experience.
Network Access: Introductions to follow-on investors, partners, and ecosystem support in Denver and beyond.
Follow-On Support: Participation in subsequent Seed/Series A rounds when aligned.