Recent news from our
‍portfolio and fund

Big news from soona today as they announce their $35M Series B led by Bain Capital Ventures. They're excited to welcome Scott Friend and Dawit Heck to the team. Read more from Bain Capital Ventures on their blog.

We're building a great entreprenurial community here in Colorado.

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Last year, Colorado companies raised $6.5 billion in venture funding, topping the previous record of $2.7 billion set in 2019 and repeated in 2020, according to new data released by PitchBook in its quarterly Venture Monitor report. That number dwarfs Colorado funding in 2006, PitchBook’s first year of tracking, that totaled $775 million.

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According to PitchBook’s metropolitan data, Denver raised $6.1 billion across 399 deals last year, outpacing Miami’s $4 billion across 272 deals and Austin’s $4.9 billion from 387 deals.

“We’re kind of doing it in a way that’s more about hard work, adding value and maybe less flash than other places over the last few years,” Natty said.

We're thrilled at the progress of Spekit, who are redefining the way employees onboard and master their roles. We are excited to bring on such high quality investors. Congrats Mel and Zari!

Pikup, a Twin Cities startup that is setting up a 'milkman' system of regular neighborhood delivery routes, has raised $1.8M in funding. We're grateful to have been a part of Pikup's journey and are excited to see where this team takes the company!

CometChat which has built an in-app chat product for evelopers, has announced that it has raised $10 million in Series A funding, led by Signal Peak Ventures. The company has been scaling fast and we're thrilled to bring on new capital and partners to accelerate their scaling.

We are excited to announce that Matchstick Ventures Fund III has completed an investment in Onward Delivery. Onward Delivery is a freight marketplace that connects heavy goods retailers with trucks already heading towards their delivery destination.

We are excited to announce that Matchstick Ventures Fund III has completed an investment in Helio Home. Helio Home is an online platform that designs the easiest and most cost effective path to whole home electrification.

We are excited to announce that Matchstick Ventures Fund III has completed an investment in Caddy. Caddy is a cloud-based, software-as-a-service platform that unlocks smarter food safety and traceability by automating food processors’ everyday workflows.

We are excited to announce that Matchstick Ventures Fund III has completed an investment in Benny. Benny is a lending platform that helps employees participate in their company’s equity, stock, and benefits programs.

I’m excited to announce I’ve joined Matchstick Ventures and this group of amazing humans as the first Head of Network. Click below to learn more about me and why I'm thrilled about this role.

Tilt, one of our Fund II portfolio companies, has raised $7.4 million in Series A funding to improve leave management through its service solution platform. We're proud of this team and are so grateful to be a part of their journey!

We're thrilled to share that Fiveable has raised it's Series A from Union Square Ventures and Owl Ventures - two leaders in VC and EdTech. Fiveable is “the hallways of the educational internet” and had over 7M students study, meet and connect on their platform last year. The additional capital will help Fiveable be the student-led, community-powered home of online learning to help students take ownership over their futures.

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Learn more: TechCrunch article, USV blog post, Fiveable blog post

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Image Credits: FeelPic / Getty Images

We are excited to announce that Matchstick Ventures Fund III has completed an investment in Buncha. Buncha is a weekly neighborhood grocery delivery service focusing on affordability through grouping orders together.

Today we are excited to announce the closing of Matchstick Ventures Fund III. It is a $55 million fund supporting pre-seed and seed stage software companies in the rapidly growing, yet underserved startup ecosystems of the North and the Rockies regions of the US. We're excited to continue our mission of helping more startups strike! Please click here to read our full announcement.

Cured, a healthcare digital marketing and customer relationship management (CRM) platform, today announced it has closed an oversubscribed $10 million Series A funding round. The round was led by DNA Capital and included participation from new investors CU Healthcare Innovation Fund and UCHealth. Existing investors High Alpha, Waterline Ventures, Matchstick Ventures, and Headwater Ventures also participated.