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Denver Angels

Colorado-based angel syndicate now part of Denver Ventures, backing high-growth startups in the region.

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Description

Denver Angels is a prominent member-led angel investment network based in Denver, Colorado. It connects accredited investors with high-growth startups, primarily focusing on the Rocky Mountain region's burgeoning tech and innovation ecosystem. 

  • Seed & Series A: This is the primary window for new investments.
  • Traction Required: They prioritize companies with a Minimum Viable Product (MVP) and early commercial traction (e.g., initial revenue or validated pilots). They generally do not invest in "idea-stage" ventures without technical proof of concept.
  • Method: Founders apply through the Denver Angels application portal, which typically utilizes the Dealum platform.
  • Requirements: Submissions must include a professional pitch deck, an executive summary, and 3-year financial projections.
  • Selection Criteria: They seek "venture-scale" opportunities with a clear competitive moat and a path to a significant exit within 5–7 years. 


Eligibility

  • Geography: Strong preference for companies based in Colorado and the Rocky Mountain region, though they occasionally consider deals from across the U.S.
  • Sector: Industry-agnostic, with significant historical activity in B2B SaaS, HealthTech, Outdoor/Consumer Goods, and Fintech.
  • Capital Seek: Typically targets companies raising between $500,000 and $2,000,000. 

Process

  1. Online Intake: Founders submit materials for initial screening by the leadership team to assess eligibility and scalability.
  2. Screening Committee: Selected startups participate in a preliminary 20-minute virtual pitch to a committee of experienced members.
  3. Member Presentation: The top 3 finalists are invited to pitch to the full network of 100+ accredited investors during bi-monthly "Pitch Nights."
  4. Due Diligence: Interested members form a collaborative team to conduct a 4–8 week deep-dive into the company's financials, legal standing, and product.
  5. Closing: Individual members make independent decisions to commit capital, which is aggregated for the company's cap table. 

What an Applicant can Obtain

  1. Strategic Capital: Access to aggregated funding from a network of successful Colorado-based executives and serial entrepreneurs.
  2. Mentorship: Hands-on guidance from members who have successfully built and scaled companies in similar industries.
  3. Regional Network: Direct connections to the Denver/Boulder innovation ecosystem, including university labs and local talent.
  4. Syndication: Introductions to other regional groups (like Rocky Mountain Venture Club) to fill larger funding rounds.