Participated · Equity · Jun 2023

GoodBuy Gear operates an online resale marketplace for baby and kid gear that enables parents, brands and retailers to safely and sustainably recirculate quality-used products. It offers white-glove selling services in Denver, Philadelphia, Washington, D.C., and New York City (and surrounding metro areas), and provides nationwide shopping and shipping. Led by CEO and co-founder Kristin Langenfeld and founded in 2016, the company has sold over 270,000 secondhand items and helped more than 12,000 families resell their items to date. In the first months of 2023 GoodBuy Gear expanded to sell pre-owned, quality-inspected car seats and doubled its base of brand and retail partners. The company raised $14M in funding to further scale its online marketplace and solidify its market position. Carl Sparks of Interlock Partners joined the company's board in conjunction with the financing. Good Buy Gear operates a recommerce marketplace for second‑hand and open‑box baby and children’s items, picking up sellers’ goods, performing quality checks, cleaning and listing them for resale. The company ships nationwide and offers local delivery in Denver and Dallas. Founded in 2016, it has grown rapidly (about four times since March) and has an 11-person workforce with plans to add five hires. Good Buy Gear has raised $8 million to date, including a $6 million Series A and prior $2.8 million in seed funding. The new capital will fund product evolution, strategic partnerships, and market expansion to provide pickup and delivery beyond Denver and Dallas. The company is pursuing partnerships with large retailers to access returns and open‑box inventory and is working with partners to improve sustainability and reduce waste. Good Buy Gear operates an online marketplace and consignment service for previously owned baby and kids’ products, including strollers, furniture and toys. The company manages the full transaction from pickup to payout, allowing parents to avoid consignment stores or meet-ups with strangers. It currently serves the Boulder and Denver metro areas and offers nationwide shipping on many items. Led by CEO Kristin Langenfeld and COO Jessica Crothers, Good Buy Gear secured seed financing to support growth. The company plans to use the funds to expand to more cities throughout the U.S. The financing reflects early-stage capital to accelerate its geographic expansion.

Participated · Series A · Apr 2019

SonderMind operates a technology platform that connects individuals with therapists who accept their insurance and are a clinical fit, while providing therapists with billing, telehealth, clinical assessments and practice support. The company emphasizes personalized mental health journeys and data-driven, clinically verifiable outcomes for users. SonderMind’s platform handles matching, payments, telehealth and a full technology suite so clinicians can focus on care. The company says the new funding will accelerate expansion into all fifty states and bolster its technology capabilities. SonderMind positions itself around affordability and accessibility, aiming to help millions of Americans find the right therapist. As of the announced round, the company has raised a total of $183 million in capital. SonderMind operates a marketplace that connects consumers to licensed behavioral-health professionals while enabling clinicians to focus on care rather than running a practice. Its SonderMind Solution™ handles matching clients, payments, telehealth, a full technology suite, clinical assessments and a supportive team of behavioral-health experts. The company currently operates the largest integrated network of community behavioral-health professionals in Colorado and is expanding its business in Texas and Arizona. SonderMind intends to use new capital to accelerate entry into new markets, deepen and broaden enterprise partnerships with payors, employers and health systems, and further build out the technology platform that drives its solution. Leadership includes co-founder and CEO Mark Frank, and the company recently added Eric Roza and Kent Thiry to its board. SonderMind completed a $27 million Series B financing to support these growth plans. SonderMind offers the SonderMind Solution™, a behavioral-health platform that matches clients to vetted therapists while handling scheduling, payments, insurance coordination, and a lightweight EHR and practice-management tools. The product includes a matching platform that factors clinical fit and mutual preferences, a mobile app with voice notes, calendar and messaging, and support for provider billing and administration. The company operates the largest integrated network of community behavioral-health professionals in Colorado. SonderMind plans to expand beyond Colorado into Austin, Texas and Phoenix, Arizona in the near term and to scale the offering nationally. Financially, the company completed a $3 million Series A in April 2019 to support ongoing launch, program and technology initiatives and to hire key personnel. The company also appointed Jonathan S. Bush to its board as it executes its growth strategy from its Denver base.

Participated · Seed · Oct 2016

CaliberMind is a Denver, Colorado–based B2B data platform that provides revenue analytics to help marketers scale their organizations. Founded in 2016 and led by CEO Eric Westerkamp, the platform connects to over 150 applications, including Salesforce and Marketo. Its system delivers insights across marketing and sales to drive go-to-market performance. The company plans to broaden its analytics scope to incorporate metrics throughout the full go-to-market motion. CaliberMind raised $8M in Series A funding and will use proceeds to grow its engineering team and focus on product development. It also plans to triple its go-to-market team with new hires across marketing, sales, and customer success in 2022. CaliberMind is a B2B marketing intelligence software provider that centralizes customer data for marketers. Its platform eliminates reporting silos and provides clean data to accelerate buyer-journey insights and help customers discover real return on marketing investment. Led by CEO Eric Westerkamp, CaliberMind helps B2B marketers optimize pipeline and revenue growth. The company plans to use the $2.0M seed extension to invest in product development and to scale go-to-market functions. The funding round was led by Newark Venture Partners and Falmouth Ventures. CaliberMind is based in Boulder, CO. CaliberMind offers a self-service audience targeting and data activation platform designed for B2B software companies to collect, enrich, analyze, and activate customer and account data. The product positions itself as a "digital brain and nervous system" for marketers, enabling diagnostics of data gaps, building 360-degree views of target accounts, refined campaign audiences, and multi-channel activation. It supports over one hundred one-click integrations and can update Salesforce in real time, alert reps via Slack, and retarget buyers on LinkedIn or Facebook. The company has strategic partnerships with data enrichment providers including Clearbit, FullContact, KickFire, Madison Logic, and Bombora. Customers named in the article include Apto, Datavail, Implan, and mParticle, and an Apto case cited a 15% decrease in cost-per-lead, 11% increase in MQL volume, and a 9% improvement in MQL-to-SQL conversion. CaliberMind will use new funding to accelerate product development, expand AI and machine-learning capabilities, and scale marketing and sales, and it recently announced two senior hires to support growth. CaliberMind is a marketing-technology platform that uses machine learning and human language analysis to build 360-degree psychographic buyer personas that predict buyer behavior. The platform connects to CRM systems and marketing tools (including Salesforce, Marketo and Eloqua), ingests voice and email conversations and scrapes web/social data to map buyers and prescribe content. CaliberMind targets midsize to enterprise B2B customers and reports shortening sales cycles by 20–30%; its roster includes Fortune 100 customers such as Citrix and NetApp. Implementation is publicly available and typically takes less than 30 days, with the product positioned at the mid-to-bottom of the funnel to improve conversion. The company plans to expand its data science team and accelerate sales growth, and says it will continue collecting psychographic data to improve predictive accuracy and prescription. The founding team and staff include former Israeli intelligence officers and veterans from NSA, Google and AdRoll.

Participated · Series B · Sep 2015

TeamSnap builds sport management technology used by coaches, administrators, players and parents to sign up, schedule, communicate, collect payments and coordinate teams and leagues. The platform supports over 22 million users, 3 million unique teams and 19,000 clubs across more than 100 sports and activities. TeamSnap emphasizes ease of use and customer loyalty, which the company says is a testament to ongoing investment in its technology and customer experience. The company positioned the product to help organizations manage registration, scheduling and payments as sports activities resume. Management says the recent financing gives TeamSnap liquidity and flexibility to further support its network of teams, sports organizations and brand partners. Founded in 2009, TeamSnap continues to focus on taking the work out of play for youth sports and group activities. TeamSnap provides a platform to simplify communication and coordination for coaches, administrators, players and families across teams, clubs and leagues. The company serves nearly 15 million customers across 196 countries and counts more than 3 million users in Canada, including nearly 5,000 TeamSnap for Clubs & Leagues customers. Active users interact with the product an average of more than 40 times per month, and the native iOS app holds a 4.7 rating and regularly ranks among the App Store’s Top 10 Free Sports Apps. TeamSnap says it will use the new funding to redouble focus on TeamSnap for Clubs & Leagues and to expand its marketing, sales and product teams to accelerate platform advancements. The company is also recognized for its strong corporate culture, having been ranked No. 6 in Outside Magazine’s 2016 Best Places to Work. TeamSnap is based in Boulder, Colorado. TeamSnap provides web and mobile apps that organize and communicate schedules, practices, equipment and volunteer coordination for sports teams. The product emphasizes mobile engagement — its iOS app is rated 4.7 and ranks among the App Store’s Top 10 Free Sports Apps — and users interact with the platform an average of 40 times per month. The company nearly doubled its customer base over the past year and now reports 9 million users across 196 countries. TeamSnap says it plans to build on its market position to become a unifying sports team platform and a marketplace for sports-related products and services. Founded in 2009 and based in Boulder, the company has a team of more than 60 people working remotely around the U.S. Its leadership frames the recent financing as a way to accelerate delivery of innovative sports management solutions. TeamSnap offers a mobile and web service for managing sports teams, activities and organizations. Its top-rated mobile app lets users schedule games, view player availability, track statistics, process mobile payments and more. The company says more than 5 million people use TeamSnap worldwide, and over 60 percent of customers use the mobile app. TeamSnap is described as an award-winning service and its app is available on the iTunes App Store and Google Play. Based in Boulder, Colo., the company plans to accelerate growth and continue innovating its product following the new financing. TeamSnap offers an online web application, native mobile apps, text messaging and interactive email to manage recreational and competitive sports teams, social groups and other organizations. Two million parents, participants and coaches use TeamSnap’s platform. The company has experienced high triple-digit growth for the last two years and leadership describes the market as largely untapped, with sports representing a particularly large opportunity. TeamSnap closed a $2.75 million funding round, exceeding its original $1.5 million target, to accelerate market penetration. Management said the new capital and investors will help speed customer adoption, especially in Canada where the company is already seeing good growth. New and existing investor relationships are expected to support expansion and product engagement.

Participated · Equity · Mar 2015

TERRALUX designs and manufactures LED lighting and building intelligence solutions, offering illumination-grade technology for commercial and industrial applications. The company produces LED retrofit products, OEM products, and the LEDSENSE® cloud-based platform with sensory, communications and controls capabilities. TERRALUX holds 30 patents across key aspects of LED technology. Management positions LED retrofit combined with cloud-based lighting as the most economical way to connect building infrastructure to the Internet of Things and to provide building owners with previously unavailable information. The company intends to use new funding to continue strong sales growth and further develop its rapidly expanding product portfolio. TerraLUX is a solid-state lighting company that invents, designs, patents, manufactures and distributes high-power LED light engines and modules for OEM and retrofit applications across general lighting, industrial, commercial, medical and retail markets. Founded in 2003 by Dr. Anthony Catalano in Longmont, Colorado, the company began in the portable device market and expanded into general illumination as LED technology matured. Since an initial venture capital investment in 2009, TerraLUX has added patents, introduced several new LED Engine products, and brought in lighting industry veterans to its management team. The company offers technologies such as LEDSense Thermal Management and Dynamic Transformer Recognition. TerraLUX recently closed an $18.3 million Series B growth capital round to accelerate growth across all business segments, with particular focus on LED Engines and OEM and retrofit technologies. The new capital is intended to support commercialization and broader adoption of energy-efficient solid-state lighting by reducing barriers to entry and emphasizing extended lifetime and durability. TerraLUX invents, designs, patents, manufactures and distributes high-power LED OEM solutions for general lighting as well as industrial, commercial, medical and retail markets. Its product focus includes LED modules and commercial general illumination products. The company is based in Boulder, Colorado. TerraLUX closed a $5.6M Series A venture capital financing to support expansion. The new capital is intended to accelerate growth across all business segments with particular development focus on commercial general illumination products and LED Modules. In conjunction with the financing, Whitney Rockley joined TerraLUX’s board of directors.