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Colorado Impact Fund operates as a Denver-based venture capital firm, strategically deploying capital into Colorado companies exhibiting high-growth, scalable business models. The firm prioritizes investments in enterprises that concurrently generate positive community outcomes, leveraging an impact framework to guide its decisions. This approach seeks to identify businesses where an inherent social or environmental mission enhances competitive advantage, often targeting improvements in workforce development through education and skills training.
The establishment of Colorado Impact Fund stems from a clear recognition of the opportunity to blend financial returns with meaningful societal benefit within the state. While specific individual founders are not detailed in public snippets, the fund's formation reflects a collective insight into the power of impact investing to address community challenges directly. This commitment to a dual mandate, marrying venture capital principles with a focus on local impact, underpins its operational philosophy from inception.
Colorado Impact Fund serves a diverse portfolio of entrepreneurs, providing not only essential capital but also valuable experience and strategic relationships. The firm acts as a dedicated partner, assisting founders in realizing their company visions. Its enduring vision centers on cultivating a robust and resilient Colorado economy by fostering innovative businesses that are deeply committed to creating lasting positive impact for the state's communities and residents.
Key people at Colorado Impact Fund.
Colorado Impact Fund was founded in 2014 by Jim Kelley (Founder and Managing Partner).
Colorado Impact Fund was founded in 2014 by Jim Kelley (Founder and Managing Partner).
Colorado Impact Fund has 4 tracked investments across 2 companies. The latest tracked deal is $20.0M Series C in CirrusMD in March 2021.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Mar 31, 2021 | CirrusMD | $20.0M Series C | Kelsey Maguire | David Schonthal, Drive Capital |
| May 2, 2019 | CirrusMD | $15.0M Series B | Colorado Impact Fund, Molly Mccartin | — |
| Jul 1, 2018 | Galvanize | $32.0M Series C | Catalyst Investors | Norwest Venture Partners, University Ventures, Greg Maffei, ABS Capital Partners, NEW Markets Venture Partners |
| Aug 1, 2016 | Galvanize | $45.0M Series B | Paul Mariani | Kleiner Perkins, Greg Maffei, Aspen Grove Capital, Haystack, University Ventures |
Key people at Colorado Impact Fund.