The Venture Codex Logo

The Venture Codex

Rockies Venture Fund

1415 Park Ave W, Denver, CO, 80205, United States

Overview

Rockies Venture Fund primary investment considerations include a solid and experienced team, a disruptive product, and a process or service with “unfair competitive advantage”. The product must exist in a large potential market without significant barriers to entry, as well as have a clear path to an exit with the potential of yielding an average of 10 times the fund’s investment within five years.

Total investments
4
Lead investments
0
Investments · 12mo
0
Active investors
1

Sector focus

  • Finance
  • Venture Capital
Visit website

Investment portfolio

  • De Oro Devices

    Participated · Seed · Jun 2022

    De Oro’s core product, the NexStride, is a self-contained, attachable gadget that provides two external cues — a metronome-like ding and a laser-projected line — to trigger alternate neural pathways and reduce freezing in people with Parkinson’s. The unit mounts to a walker or cane with a stretchy loop and includes a corded controller and hardware dials to set volume, tempo, and laser position. The company chose a manual operation model after user and clinician feedback, and customer polls and clinical referrals indicate improved confidence and mobility among users. NexStride competes with devices like the U-Step but differentiates on portability and the ability to attach to users’ preferred mobility aids; De Oro keeps manufacturing in the U.S., which raises costs. The retail price is $500 and is not yet broadly covered by insurance, though veterans can obtain units through the VA and the Parkinson’s Wellness Fund may cover partial or full costs for some buyers. De Oro plans to use recent funding to scale operations and expand distribution so more people can access the device.

  • Brandzooka

    Participated · Series A · Oct 2020

    Brandzooka is a self-service programmatic platform that enables companies and agencies to place targeted ads on primetime TV and premium digital properties worldwide. The company is based in Boulder, Colorado and was founded in 2015 by a group including Alex Bogusky and Kelly Dotseth. Dotseth has stepped into the CEO role. Brandzooka closed a $5.6M Series A, bringing total funding to date to $10.1M. Backers in the round included Mark IV Capital, Lagomaj Capital, Sweet Moose Enterprises, Rockies Venture Fund and Batshit Crazy Ventures. The company said it will use the proceeds to accelerate platform development and expand its marketing, media and sales teams for growth in 2021. Brandzooka (formerly Visibl) is a self-service programmatic video marketing SaaS platform that helps small and medium-sized businesses and agencies execute targeted online video ad campaigns across major sites and ad networks. The company rebranded from Visibl to Brandzooka to reflect its focus on making powerful video advertising easy and accessible. Launched as Visibl in October 2015, the platform emphasizes affordability and ease of use, allowing campaigns to start for as little as $50. Brandzooka automates programmatic expertise to open real-time engagement opportunities for marketers and agencies. The company announced a $1.5 million initial funding round, signaling investor confidence despite cautious market conditions in AdTech. Founder and Director Alex Bogusky is positioned as the public face of the business.

  • Alpin

    Participated · Equity · Dec 2017

    Alpin provides a purpose-built dashboard that helps IT administrators discover shadow IT and manage SaaS subscriptions, security, and user activity across Google and Microsoft environments. The product surfaces every application in use, offers features like Blacklisting and Lockdown, activity logging, security alerts, and license and budget reporting. Alpin says customers can capture cost savings of up to 30 percent and can deploy the dashboard in just two clicks with no installation required. Early adopters include SendGrid and Sphero, which used the tool to visualize SaaS spend, find shadow IT, and track renewals. The company is a graduate of the Techstars Barclays accelerator and is based in Boulder, Colorado. To-date funding exceeds $1M and will be used to expand product features and increase new customer adoption.

  • CirrusMD

    Participated · Series A · Jun 2017

    CirrusMD is a Denver, CO telemedicine company that lets patients reach a live, licensed physician through a text-based or web app and complete care encounters at their convenience. Its integrated care is delivered 24/7/365 by multi-specialty, board-certified doctors who treat a range of conditions from acute to chronic and specialty areas including behavioral health. The service is offered exclusively through employers and health plans and is available to nearly 10 million users across all 50 states. Led by CEO Andrew Altorfer, the company intends to use new capital to expand solution capabilities, enhance user and provider experiences, increase scalability, and drive innovation for employer and health plan customers. Financially, CirrusMD has raised a total of $46m to date, including the most recent Series C. CirrusMD offers a chat-first virtual care platform that lets health plan members access on-demand dialogue with board-certified physicians in seconds via web or mobile apps. The company partners with health plans to deliver virtual care experiences and recently secured a subcontract to provide care access and delivery to the veteran community through Iron Bow Technologies and the U.S. Department of Veterans Affairs. CirrusMD was founded in 2012 by CEO Andy Altorfer and CMO Blake McKinney, M.D., and is also led by President and COO Scott Johnson. The company plans to use the new funding for product innovation and to support current and future partners. Financially, CirrusMD raised $15M in a Series B, bringing total funding to date to $26M. CirrusMD offers a text-first telemedicine platform for large health systems, integrated delivery networks, and health plans, with a focus on value-based care models. The company enables patients to access local physicians through secure text and video chat. It reports that 1.3 million patients have access to the platform, representing 850% growth over the prior year, and says it provides telemedicine services to over one million covered lives. CirrusMD plans to use recent financing to expand sales and marketing, invest in customer support, and continue innovating its platform and data analytics. The company cites a broader telemedicine market tailwind, noting a report that the market could reach $67 billion by 2021. Founded in 2012 and based in Denver, CirrusMD aims to scale rapidly by delivering value to health systems and payers. CirrusMD operates a HIPAA-compliant telehealth platform that enables secure text messaging, image sharing and telehealth video visits via mobile devices and web browsers. The platform serves over 250,000 consumers, connecting them to a specialized panel of local doctors to reduce emergency room and urgent care visits. The company positions its product to align with value-based and shared-risk payment models rather than legacy fee-for-service telemedicine solutions. Founded in 2012 and based in Denver, Colorado, CirrusMD is actively seeking partnerships with health plans and health systems that are shifting to value-based models. The company raised $1.05M in funding to expand its development and sales teams. CEO Andrew Altorfer has emphasized the need to be included in conversations with health systems and insurers as the industry shifts and consolidation occurs.

Team