Description
Rockies Venture Club (RVC) is a non-profit, member-driven angel investing network based in Denver and the Rocky Mountain region that connects accredited angel investors with early-stage startups, runs monthly investor forums, conducts collaborative due diligence, and supports entrepreneurs through pitch coaching and acceleration programs.
Pre-Seed / Seed: Core focus. RVC primarily invests in early-stage rounds where angel capital accelerates growth and helps companies become venture-ready.
Series A: RVC members may participate in follow-on investing, but the network’s activity centers on seed-stage investments with angel syndicates or SPVs.
Typical First Check Size: ~$100,000–$500,000 for a given deal total, pooled from members or SPVs participating in a round.
Target Ownership Taken by RVC: RVC’s members generally invest amounts representing ~20–50% of the round and result in ~5–20% ownership for the collective angel participation (reflecting the group’s share of total capital raised).
• Collective Group Equity: The range ~5–20% represents the portion of a company that RVC members (as a syndicate or SPV) might own post-deal, assuming they are significant participants relative to other investors.
• Individual Investor Stakes: Because RVC operates as a network of accredited individual investors, each member’s percentage ownership varies deal by deal depending on their own contribution relative to the full round.
Equity Structure: Deals are typically negotiated as preferred equity (common for angel rounds) and may include convertible instruments when appropriate; specific terms are negotiated with founders and co-investors.
Board/Governance: In about 40% of deals, RVC members take board seats, and they pursue board observers when full seats aren’t available.
Submission Method: Founders can apply online via the RVC pitch portal to be considered for annual investor forums and due diligence.
Pitch Forums: Companies pitch at monthly investor forums, after which members discuss interest and initiate deeper diligence if there is alignment.
Lead or Follow: RVC can be deal lead or co-invest alongside other angel groups and venture capital investors; terms are negotiated with lead investors when applicable.
Eligibility
Sector Focus: Broadly technology and high-growth sectors including software, SaaS, life sciences, cleantech, and digital innovation.
Geography: Primarily Rocky Mountain West (Colorado-focused) but can include attractive deals outside the region with strong investor interest.
Stage: Early (pre-seed and seed).
Company Profile: Venture-scale startups with early traction or validated MVP.
Process
Initial Intake: Review of pitch materials and team.
Investor Forum Pitch: Startups present to accredited members.
Due Diligence: Post-pitch discussions and investor-led due diligence teams vet terms and progress.
Term Negotiation: RVC investors coordinate with founders and any co-investors to settle valuation and deal terms.
What an Applicant can Obtain
Strategic Capital: Access to pooled angel investor capital to support early milestones.
Mentorship & Network: Coaching, introductions, and mentoring from experienced angel investors.
Follow-On Options: Members and syndicate partners may invest additional capital in subsequent rounds.