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Range Ventures

North America, Colorado, United States, Denver

Description

Range Ventures is an early-stage venture capital firm based in Denver, Colorado, strategically focused on investing in promising founders and startups located "between the coasts" of the United States. Established by founding partners Chris Erickson and Mike Freeman, the firm aims to bridge the funding gap often experienced by companies outside traditional tech hubs like Silicon Valley or New York. Their investment thesis centers on identifying high-potential businesses in emerging tech ecosystems, providing not just capital but also strategic guidance and network access to help these companies scale.

The firm manages a total of $60 million across two funds, demonstrating a growing commitment to the early-stage ecosystem. Their first fund closed at $20 million, followed by a larger second fund of $40 million, which further expanded their capacity to support nascent ventures. Range Ventures primarily targets pre-seed and seed-stage companies, typically deploying initial checks ranging from $500,000 to $1.5 million. They often take a lead investor role in rounds, indicating a hands-on approach and a willingness to commit significant capital early on, frequently securing board seats to provide active oversight and support.

Range Ventures maintains a broad investment mandate across several key sectors, including Software, Fintech, Healthcare, Future of Work, Supply Chain, Climate, and Consumer. This diversified approach allows them to capitalize on innovation across various industries that are undergoing significant transformation. With a portfolio that already spans over 30 companies, Range Ventures has quickly established itself as a significant player in the venture landscape outside of the traditional coastal centers, actively working to foster growth and innovation in underserved markets and demonstrating a clear commitment to the entrepreneurial spirit prevalent in these regions.

Investor Profile

Range Ventures has backed more than 21 startups, with 2 new investments in the last 12 months alone. The firm has led 9 rounds, about 43% of its total and boasts 0 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Pre Seed, Series A rounds (top funding stages).
  • Majority of deals are located in United States.
  • Strong thematic focus on Artificial Intelligence (AI), Software, SaaS.
  • Typical check size: $500K – $1.5M.

Stage Focus

  • Seed (43%)
  • Pre Seed (19%)
  • Series A (19%)
  • Series Unknown (5%)
  • Series B (5%)
  • Series C (5%)
  • Series D (5%)

Country Focus

  • United States (100%)

Industry Focus

  • Artificial Intelligence (Ai)
  • Software
  • Saas
  • Information Technology
  • E-commerce
  • Marketplace
  • Marketing
  • Real Estate
  • Machine Learning
  • Property Management
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Range Ventures frequently co-invest with?

Bonfire Ventures
North America, California, United States, Santa Monica
Co-Investments: 2
Service Provider Capital
North America, Colorado, United States, Golden
Co-Investments: 3
Congruent Ventures
North America, California, United States, San Francisco
Co-Investments: 2
Peterson Ventures
North America, Utah, United States, Salt Lake City
Co-Investments: 3
Starting Line
North America, Illinois, United States, Chicago
Co-Investments: 2
Blue Earth Capital
Europe, Zug, Switzerland, Baar
Co-Investments: 2
Union Square Ventures
North America, New York, United States, New York
Co-Investments: 2
Matchstick Ventures
North America, Colorado, United States, Boulder
Co-Investments: 7
Everywhere Ventures (The Fund)
North America, New York, United States, New York
Co-Investments: 2
2048 Ventures
North America, New York, United States, New York
Co-Investments: 2

Which angels does Range Ventures often collaborate with?

AL
North America, California, United States, San Carlos
Shared Deals: 1
QY
North America, California, United States, San Francisco
Shared Deals: 1
David Ko
North America, California, United States, San Francisco
Shared Deals: 1
CE
North America, Colorado, United States, Denver
Shared Deals: 1
NH
North America, Washington, United States
Shared Deals: 1
SQ
North America, Florida, United States, Tampa
Shared Deals: 1
AA
North America, California, United States, San Francisco
Shared Deals: 1
RJ
North America, California, United States
Shared Deals: 1
ML
North America, California, United States, San Francisco
Shared Deals: 1
EM
North America, Pennsylvania, United States, Pittsburgh
Shared Deals: 1

What are some of recent deals done by Range Ventures?

AMP

Louisville, Colorado, United States

AMP utilizes AI-powered sortation to enhance recycling efficiency and reduce costs.

Artificial Intelligence (AI)Machine LearningRecyclingRoboticsWaste Management
Series DDec 5, 2024
Amount Raised: $91,000,000
Two Boxes

Denver, Colorado, United States

Two Boxes is the future of sustainable e-commerce returns.

E-CommerceLogisticsSupply Chain Management
Series ASep 16, 2024
Amount Raised: $5,300,000
BettrData

Golden, Colorado, United States

SaaS - Cutting-edge AI, machine-learning data operations company that streamlines end-to-end data management from processing to activation

AnalyticsDirect MarketingInformation TechnologyMarketingSaaSSoftware
SeedApr 22, 2024
Amount Raised: $2,200,000
BettrData

Golden, Colorado, United States

SaaS - Cutting-edge AI, machine-learning data operations company that streamlines end-to-end data management from processing to activation

AnalyticsDirect MarketingInformation TechnologyMarketingSaaSSoftware
SeedNov 30, 2023
Amount Raised: $1,965,000
MagicSchool AI

Denver, Colorado, United States

MagicSchool is the leading AI platform in education and the fastest growing technology platform for schools ever.

Artificial Intelligence (AI)E-LearningEdTechEducation
Pre SeedAug 28, 2023
Amount Raised: $2,400,000
Cascade Biocatalysts

Denver, Colorado, United States

Cascade Biocatalysts creates productive enzymes for economical biomanufacturing of sustainable chemicals.

BiotechnologyChemicalManufacturing
Pre SeedAug 22, 2023
Amount Raised: $2,600,000
Guest House

Wheat Ridge, Colorado, United States

Guest House is a home staging and home furnishing marketplace that provides real estate services.

CommercialHome ServicesMarketplaceReal Estate
Series UnknownJun 27, 2023
Amount Raised: $3,500,000
Griptape

Seattle, Washington, United States

Griptape is an enterprise-grade Python framework that helps developers harness LLMs' potential.

Artificial Intelligence (AI)Data IntegrationEnterprise SoftwareInternetMachine Learning
Pre SeedMay 12, 2023
Amount Raised: $2,050,000
Suite Studios

Boulder, Colorado, United States

Suite Studios is an intelligent platform making cloud-based post-production easy and accessible to all post-production studios.

Cloud ManagementComputerSoftware
SeedFeb 14, 2023
Amount Raised: $3,500,000
AMP

Louisville, Colorado, United States

AMP is applying AI-powered sortation at scale to modernize the world's recycling infrastructure and maximize the value in waste.

Artificial Intelligence (AI)Machine LearningRecyclingRoboticsWaste Management
Series CNov 2, 2022
Amount Raised: $91,000,000