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Caruso Ventures

5025 Pearl Parkway, Boulder, CO, 80301, United States

Overview

Investment firm supporting tech-enabled companies led by effective CEOs.

Founded

2020

Deals · 12mo

1

Links

WebsiteLinkedIn

Stage focus

Seed
Series A

Geographic focus

South Africa
United States

Sector focus

—

Investment portfolio

12rounds
NAMEDATESIZE
Agile Space Industries
Feb 2026Led
$17 MSeries A
Bifrost Electronics
Jul 2025Led
$3 MSeed
Infleqtion
Jun 2025Participated
$100 MSeries C
Noctal
Mar 2025Led
$2 MSeed
Vescent Photonics
Mar 2024Participated
$5 MSeed
Maybell Quantum Industries
Mar 2024Participated
$25 MSeries A
Pippin Title
Nov 2023Participated
$3 MSeed
Agile Space Industries
Jun 2023Led
$13 MSeed
Vitro3D
Nov 2022Participated
$1 MSeed
VUZ
Oct 2022Participated
$20 MSeries B
SweepSouth
Oct 2022Participated
$11 MOther Equity
Language I/O
Jan 2022Participated
$7 MSeries A
Agile Space Industries
Feb 2026Led
$17 MSeries A
Bifrost Electronics
Jul 2025Led
$3 MSeed
Infleqtion
Jun 2025Participated
$100 MSeries C
Noctal
Mar 2025Led
$2 MSeed
Vescent Photonics
Mar 2024Participated
$5 MSeed
Maybell Quantum Industries
Mar 2024Participated
$25 MSeries A
Pippin Title
Nov 2023Participated
$3 MSeed
Agile Space Industries
Jun 2023Led
$13 MSeed
Vitro3D
Nov 2022Participated
$1 MSeed
VUZ
Oct 2022Participated
$20 MSeries B
SweepSouth
Oct 2022Participated
$11 MOther Equity
Language I/O
Jan 2022Participated
$7 MSeries A
12
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Deal Distribution

Caruso Ventures: 12 funding rounds are recorded in the selected participation categories.All available history.
Caruso Ventures: 12 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed33
Series A12
Series B01
Series C+01
Other Equity01

Monthly Deal Activity

Caruso Ventures: 12 deals are recorded across 58 months.All available history.
Caruso Ventures: 12 deals are recorded across 58 months. All available history
MonthDeals
Jan '221
Feb '220
Mar '220
Apr '220
May '220
Jun '220
Jul '220
Aug '220
Sep '220
Oct '222
Nov '221
Dec '220
Jan '230
Feb '230
Mar '230
Apr '230
May '230
Jun '231
Jul '230
Aug '230
Sep '230
Oct '230
Nov '231
Dec '230
Jan '240
Feb '240
Mar '242
Apr '240
May '240
Jun '240
Jul '240
Aug '240
Sep '240
Oct '240
Nov '240
Dec '240
Jan '250
Feb '250
Mar '251
Apr '250
May '250
Jun '251
Jul '251
Aug '250
Sep '250
Oct '250
Nov '250
Dec '250
Jan '260
Feb '261
Mar '260
Apr '260
May '260
Jun '260
Jul '260
Aug '260
Sep '260
Oct '260

Sector Breakdown

Caruso Ventures: Hardware & Robotics is the largest displayed sector by deal count (6 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.

Caruso Ventures: Hardware & Robotics is the largest displayed sector by deal count (6 deals). All available history
SectorDeals
Hardware & Robotics6
Manufacturing6
Enterprise Software4
Space & Frontier Tech4
AI & Machine Learning4
Transportation & Logistics3
Networks, Cloud & Communication3
AR/VR2
Real Estate & Construction2
Media & Entertainment2
Social & Community Platforms2
E-Commerce & Retail1
Gaming & eSports1
Professional Services1

Deal Size Distribution

Caruso Ventures: 12 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.

Caruso Ventures: 12 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M4
$5M-$10M2
$10M-$25M4
$25M-$50M1
$50M-$100M0
$100M-$250M1
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

Caruso Ventures: United States has the largest recorded deal count among the displayed regions (11 deals).All available history.

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

Caruso Ventures: United States has the largest recorded deal count among the displayed regions (11 deals). All available history
RegionDeals
United States11
South Africa1
Caruso Ventures: 20 co-investors are shown, with In-Q-Tel 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.

Caruso Ventures: 20 co-investors are shown, with In-Q-Tel sharing 2 recorded deals. All available history
Co-investorShared deals
In-Q-Tel2
Lockheed Martin Ventures2
Alitheia IDF1
Axial1
Breakthrough Victoria1
Buff Gold Ventures1
Cerberus Capital Management1
CORI Innovation Fund1
Corporate Fuel1
Cortado Ventures1
Cyfr Capital1
Deciens Capital1
Decisive Point1
Denver Ventures1
Dubai Future District Fund1
e& capital1
E4E Africa1
Elbert Capital1
Endeavor1
Endeavor Catalyst1

Investment Strategy

Caruso Ventures: Led accounts for 33% and participating for 67% of round participation.All available history.
Caruso Ventures: Led accounts for 33% and participating for 67% of round participation. All available history
CategoryDeals (count)Share (%)
Led433%
Participating867%
Caruso Ventures: Single-lead accounts for 75% and co-led for 25% of lead dynamics.All available history.
Caruso Ventures: Single-lead accounts for 75% and co-led for 25% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead375%
Co-led125%

Team

Dan Caruso

Managing Director

James Dudley

VP Direct Investments