Top 6 Healthcare VC Firms that Fund Startups in Colorado
The top healthcare investors funding startups in Colorado include QED Investors, Sopris Capital, SpringTime Ventures, Revelstoke Capital Partners, Altitude Ventures, and FirstMile Ventures, a mix of venture capital and private equity firms backing everything from digital health platforms to healthcare services companies in the state.
Colorado's healthcare industry is growing at a fast pace. A report by Common Sense Institute found that the healthcare industry supports around 18% of all jobs in the state.
However, with all these statistics, finding a VC or PE firm with identical business interests still remains a huge problem for startup leaders.
To help you solve this problem, we have researched and prepared the following list of some of the top healthcare investors in Colorado, drawn from AngelMatch's directory of Colorado-based investors.
Discover The Top 6 Healthcare VC and PE Firms that Fund Startups in Colorado
So, let’s move on to the list of the top-ranked healthcare investors that are actively funding Colorado startups. The list below includes both venture capital and private equity firms, ordered by their level of activity in the state's healthcare investing market.
QED Investors
- Contact: Fill a Form
- Website: QED Investors
- Focused Sectors: Creator Economy, Crypto & Blockchain, Fintech, Education, Healthcare, InsurTech, Marketplace, Proptech & Real Estate, E-Commerce, Advertising, Human Resources
- Funding Stages: Early Stage, Seed
- Present in: United States, United Kingdom, and Latin America, with additional investments in India and Africa
- Notable Investments: Shop Circle, Solfácil, Zubale
QED Investors is a renowned fintech-focused venture capital firm that also backs healthcare-adjacent companies. The firm was founded in 2007 by Caribou Honig, Frank Rotman, and Nigel Morris.
Ever since its inception, QED Investors has funded hundreds of businesses throughout the globe, prioritizing startups with strong growth trajectories and experienced founding teams.
Moreover, QED Investors also arranges a wide range of startup programs and helps first-time CEOs throughout different startup stages. QED Investors has around $4 billion in assets under management.
Sopris Capital
- Contact: Get in Touch
- Website: Sopris Capital
- Focused Sectors: Healthcare Services, Digital Health, Technology-Enabled B2B Services, SaaS, AI/ML
- Funding Stages: Seed, Series A
- Present in: US
- Notable Investments: AlensiaXR and Azra AI
Sopris Capital is one of Denver's established healthcare investors. Operating for more than 2 decades, Sopris Capital believes in growing the startup community of Colorado by investing in startups that can scale internationally.
The investors from Sopris Capital invest in businesses that can be a profitable investment in the long term and have strong teams. They also value businesses that are working on solving modern healthcare problems and provide unique solutions.
The investment range of Sopris Capital can range up to several million dollars depending upon the startup.
SpringTime Ventures
- Website: SpringTime Ventures
- Focused Sectors: Fintech, Healthcare, Consulting, SaaS, Analytics, E-Commerce, Marketplace, Food and Beverage, Lending & Credit, Supply Chain Management, Beauty, Restaurants, Automotive, and Fitness
- Funding Stages: Seed
- Present in: US, Canada
- Notable Investments: Fulcrum
SpringTime Ventures is also a venture capital firm with headquarters in Denver. The network was founded in 2016 and has invested in many high-growth startups.
When investing in startups, SpringTime Ventures usually funds startups at the seed stage and prioritizes profitable companies working on innovation in the medical sector. The investors do not invest in businesses that have a lot of competitors or are led by inexperienced leaders.
SpringTime Ventures manages a fund with around $46 million in assets under management.
Revelstoke Capital Partners
- Website: Revelstoke Capital Partners
- Focused Sectors: Healthcare and Animal Care
- Funding Stages: Series D
- Present in: US and Canada
Revelstoke Capital Partners is a Denver-based Private Equity Firm that specializes in funding healthcare and fitness sectors. The firm was founded in 2013 and has helped dozens of businesses from the seed-stages to become international giants.
The investors, like any other PE firm, like to make investments in exchange for equity and usually fund startups that can at least generate 4-5x ROI. According to the present condition of the healthcare sector in Colorado, Revelstoke Capital Partners is looking for businesses that are working on unique ideas and have minimum competition.
Plus, Revelstoke Capital Partners also arranges a wide range of mentorship programs and startup incubators to help investors find startup leaders with identical mindset.
The investment range of Revelstoke Capital Partners typically runs between $10 million and $250 million.
Altitude Ventures
- Contact: Get in Touch
- Website: Altitude Ventures
- Focused Sectors: Healthcare
- Funding Stages: Early and Seed
- Present in: US
- Notable Investments: Opya and Doctivity Health
Operating for more than a decade, Altitude Ventures is a Nashville-based firm that specializes in healthcare investments. It was founded in 2012 and has made multiple investments in different startup sectors.
However, the most notable thing about Altitude Ventures is their dedication and interest in cutting-edge health tech business. The investors highly value such startups that are introducing modern healthcare solutions and have experience dealing in the B2B and B2C sector.
Plus, Altitude Ventures is also one of the most experienced healthcare VC firms funding Colorado deals from outside the state. Over the years, they have partnered with well-known healthcare companies such as Spiras Health and Nest Collaborative.
The investment range of Altitude Ventures can range up to several million dollars as they invest at the seed and early stages.
FirstMile Ventures
- Contact: Get in Touch
- Website: FirstMile Ventures
- Focused Sectors: Tech, Supply Chain, and Healthcare
- Funding Stages: Early and Seed
- Present in: US
- Notable Investments: Apaly Health, Cloverleaf AI, and Credo Health
Being one of the few VC firms in Colorado Springs, FirstMile Ventures is an early/seed-stage tech and healthcare investment firm. The network invests in startups that are gaining huge social attention due to their innovative products or services.
Similarly, the investors focus on startups that can revolutionize target markets. They also have a requirement of only investing in startups that are led by experienced and passionate founders who have a strong vision.
The investment range of FirstMile Ventures typically starts around $50,000 and can go up to $1.5 million.
Wrap-Up
Done reading the list of the top healthcare investors in Colorado?
Well, let us help you by sharing some final tips before we sum up.
Usually, VC and PE firms like to invest in startups that can prove to be profitable, with an exceptional idea and dedicated founders behind them.
Now, once you understand these points, present your startup as the most profitable investment any investor could participate in. Let them know that your business idea can easily become the next standout in the sector if it's provided with the right investment and guidance. You can also try AngelMatch's investor database to find the healthcare-focused investors that best fit your startup.
Frequently Asked Questions
What types of investors fund healthcare startups in Colorado?
Colorado's healthcare startups are funded by both venture capital and private equity firms. VC firms like QED Investors and SpringTime Ventures typically write earlier-stage checks, while PE firms like Revelstoke Capital Partners back later-stage, more established healthcare companies.
Do Colorado healthcare investors only fund companies based in Colorado?
No. Firms like QED Investors and Altitude Ventures are headquartered outside Colorado, in Virginia and Tennessee, but actively invest in Colorado healthcare startups, so a firm's location shouldn't rule it out as a potential investor.
What funding stages do these healthcare investors typically target?
Most firms on this list focus on seed through Series A rounds. Revelstoke Capital Partners is the exception, investing at a later, growth-equity stage with checks between $10 million and $250 million.
How can I connect with these investors?
Research each firm's portfolio and thesis first, then reach out through a warm introduction or the contact process listed on their site. AngelMatch's investor matching tool can also help identify which healthcare-focused investors best fit your startup.
