Participated · Seed · May 2024

BettrData offers a data operations workflow automation platform that uses AI and machine learning to transform, enhance, and validate data. The platform is purpose-built to streamline data operations management and workflows for organizations. The company says proceeds from the round will be used to expand rollout of its workflow automation platform and suite of services. BettrData raised $2.2 million in seed funding in April 2024. The company is based in Golden, Colorado and positions itself to make data more accessible, reliable, and actionable for customers.

Led · Seed · Feb 2024

ScaleIP offers an IP business intelligence solution built on proprietary IP transaction data to help IP teams identify high-intent target companies for patent monetization. The product aims to reveal viable commercial partnerships that conventional patent analytics tools miss. Customers include over 130 IP dealmakers across enterprises, universities, labs, and hospitals who use the platform to license, sell, or decide whether to keep or abandon patents, seek collaborators, and determine patent market value. The company plans to use recent funding to accelerate its ability to help more IP teams monetize undervalued patents. ScaleIP emphasizes saving labor time, generating new revenue streams, and improving patent decision-making through transaction-data-driven intelligence. The company was formerly known as LicenseLead.

Participated · Seed · Jun 2023

Founded in 2009 in Durango by Daudi Barnes, Agile Space Industries builds high-performance chemical propulsion systems, using metal additive manufacturing and extensive in-house test facilities. The company supports a broad spectrum of commercial, civil, and national security space missions with its rocket engines and related hardware. In 2023, Agile expanded its Durango-La Plata County Airport footprint to 40,000 square feet and plans further growth in Colorado and Oklahoma. Revenue has more than tripled in the past three years, rising from about $8 million in 2022 to $28 million projected for 2026, and the business has grown over 70% annually since 2020. With the new capital, management intends to scale from developing two to three engines per year to six or more and boost tank and engine delivery capacity nearly tenfold. The company positions itself as a critical domestic supplier at a time when U.S. demand for chemical propulsion is rising.

Participated · Series A · Feb 2022

Iron-IQ builds a cloud-native, mobile-first SCADA platform for oil and gas operators, positioning itself as a modern replacement for legacy on-premises systems. The company updated its core product into an enterprise offering and markets Patch-IQ℠ with alarming, control, IP-camera integration, custom logic layers, and advanced data integration. Iron-IQ emphasizes rules and analytics, ESG controls, and real-time data flow from field devices. Management says the platform enables operators to increase production and efficiency while improving ESG metrics. The company reports several new contracts that rapidly expand growth and industry adoption. Recent funding will be used to scale the product and expand offerings to operators of any size, including wells lacking monitoring technology.

Participated · Equity · Oct 2020

Hacker Noon is a user-generated online publishing platform that allows IT specialists and people working in startups and tech companies to submit and publish articles. Its audience is concentrated in the US, India, the UK, Canada and Germany. More than 13,000 users worldwide contribute to the site, while the core team consists of 14 people, including two Ukrainians. The company plans to expand globally and reach a Ukrainian audience. The recent funding will be used to reach new audiences and make the website more profitable. Genesis Investments expects Hacker Noon to open an R&D center in Ukraine. Hacker Noon operates a technology-focused publishing platform and has recently positioned itself as both a publication and a software company after launching its own CMS, Hacker Noon 2.0. The site serves 4,000,000+ monthly readers and 12,000+ contributing writers and reports creating 100+ years of reading time since July 2019. Hacker Noon is implementing Web Monetization to allow streaming micropayments to writers and has begun a three-year partnership with Coil to pilot that capability. Writers can add a Web Monetization meta tag to receive streamed payments based on how long Coil members read their stories, and can opt to donate earnings to internet-focused charities. Financially, Coil invested $1M at $11.35 per share, valuing the company at $11.5M pre-money; Hacker Noon remains entirely common stock and its prior equity crowdfunding share price was $8.20. The company said it will use the investment to expand editorial, sales, and software teams, and Coil’s Jonathan Greenglass will join Hacker Noon’s board.