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The Venture Codex

Break Trail Ventures

Anywhere with Wifi, Boulder, CO, United States

Overview

Early stage venture fund investing in startups.

Founded

2018

Deals ยท 12mo

1

Links

WebsiteLinkedIn

Stage focus

Seed
Series A

Geographic focus

The Netherlands
United States

Sector focus

Finance
Financial Services
Venture Capital

Investment portfolio

11rounds
NAMEDATESIZE
Orion
Nov 2025Participated
$18 MSeed
Thesis
May 2023Participated
$8 MSeries A
After.com
Jan 2023Participated
$4 MSeed
Expectful
Feb 2021Participated
$4 MSeed
Repeat
Aug 2020Participated
$2 MSeed
Pattern89
Jun 2020Participated
$2 MOther Equity
TimeDoc Health
May 2020Participated
$6 MSeries A
Pura
Feb 2020Participated
$4 MSeed
TimeDoc Health
Aug 2019Participated
$3 MOther Equity
Cusa Tea
May 2019Led
$3 MSeries A
Pattern89
Oct 2018Participated
$4 MOther Equity
Orion
Nov 2025Participated
$18 MSeed
Thesis
May 2023Participated
$8 MSeries A
After.com
Jan 2023Participated
$4 MSeed
Expectful
Feb 2021Participated
$4 MSeed
Repeat
Aug 2020Participated
$2 MSeed
Pattern89
Jun 2020Participated
$2 MOther Equity
TimeDoc Health
May 2020Participated
$6 MSeries A
Pura
Feb 2020Participated
$4 MSeed
TimeDoc Health
Aug 2019Participated
$3 MOther Equity
Cusa Tea
May 2019Led
$3 MSeries A
Pattern89
Oct 2018Participated
$4 MOther Equity
11
Items
Browse all public portfolio deals

Insights

Time horizon

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Deal Distribution

Break Trail Ventures: 11 funding rounds are recorded in the selected participation categories.All available history.
Break Trail Ventures: 11 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed05
Series A12
Other Equity03

Monthly Deal Activity

Break Trail Ventures: 11 deals are recorded across 97 months.All available history.
Break Trail Ventures: 11 deals are recorded across 97 months. All available history
MonthDeals
Oct '181
Nov '180
Dec '180
Jan '190
Feb '190
Mar '190
Apr '190
May '191
Jun '190
Jul '190
Aug '191
Sep '190
Oct '190
Nov '190
Dec '190
Jan '200
Feb '201
Mar '200
Apr '200
May '201
Jun '201
Jul '200
Aug '201
Sep '200
Oct '200
Nov '200
Dec '200
Jan '210
Feb '211
Mar '210
Apr '210
May '210
Jun '210
Jul '210
Aug '210
Sep '210
Oct '210
Nov '210
Dec '210
Jan '220
Feb '220
Mar '220
Apr '220
May '220
Jun '220
Jul '220
Aug '220
Sep '220
Oct '220
Nov '220
Dec '220
Jan '231
Feb '230
Mar '230
Apr '230
May '231
Jun '230
Jul '230
Aug '230
Sep '230
Oct '230
Nov '230
Dec '230
Jan '240
Feb '240
Mar '240
Apr '240
May '240
Jun '240
Jul '240
Aug '240
Sep '240
Oct '240
Nov '240
Dec '240
Jan '250
Feb '250
Mar '250
Apr '250
May '250
Jun '250
Jul '250
Aug '250
Sep '250
Oct '250
Nov '251
Dec '250
Jan '260
Feb '260
Mar '260
Apr '260
May '260
Jun '260
Jul '260
Aug '260
Sep '260
Oct '260

Sector Breakdown

Break Trail Ventures: Health & Life Sciences is the largest displayed sector by deal count (5 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

Break Trail Ventures: Health & Life Sciences is the largest displayed sector by deal count (5 deals). All available history
SectorDeals
Health & Life Sciences5
Networks, Cloud & Communication4
Hardware & Robotics3
AI & Machine Learning3
Marketing & Advertising2
Real Estate & Construction2
Manufacturing1
Media & Entertainment1
E-Commerce & Retail1
Food & Agriculture1
Space & Frontier Tech1

Deal Size Distribution

Break Trail Ventures: 11 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

Break Trail Ventures: 11 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M8
$5M-$10M2
$10M-$25M1
$25M-$50M0
$50M-$100M0
$100M-$250M0
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

Break Trail Ventures: United States has the largest recorded deal count among the displayed regions (10 deals).All available history.

Top 2 of 2 regions; European countries are grouped as Europe.

Break Trail Ventures: United States has the largest recorded deal count among the displayed regions (10 deals). All available history
RegionDeals
United States10
Europe1
Break Trail Ventures: 20 co-investors are shown, with Elevate Ventures sharing 2 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

Click a bubble to open that fund in a new tab.

Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

Break Trail Ventures: 20 co-investors are shown, with Elevate Ventures sharing 2 recorded deals. All available history
Co-investorShared deals
Elevate Ventures2
F&M Investments2
Grand Ventures2
Harlem Capital2
High Alpha2
Mucker Capital2
Serra Ventures2
Act One Ventures1
ALIVE Israel HealthTech Fund1
AVG1
Babylist1
Browder Capital1
Chaifetz Group1
Chingona Ventures1
Family Fund1
Hawke Ventures1
Impact Engine1
Indicator Ventures1
Intuition1
IrishAngels1

Investment Strategy

Break Trail Ventures: Led accounts for 9% and participating for 91% of round participation.All available history.
Break Trail Ventures: Led accounts for 9% and participating for 91% of round participation. All available history
CategoryDeals (count)Share (%)
Led19%
Participating1091%
Break Trail Ventures: Single-lead accounts for 0% and co-led for 100% of lead dynamics.All available history.
Break Trail Ventures: Single-lead accounts for 0% and co-led for 100% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead00%
Co-led1100%

Team

Jay Hirsh

Managing Partner