Blackhorn Ventures logo

Blackhorn Ventures

North America, Colorado, United States, Denver

Description

Blackhorn Ventures is a Denver, Colorado-based early-stage venture capital firm dedicated to investing in companies that leverage cutting-edge engineering to enhance resource productivity. The firm's core thesis revolves around supporting founders who are building solutions for critical global challenges across sectors such as energy, transportation, manufacturing, the built environment, and food and water systems. They seek out deep technology and industrial technology startups that are poised to drive significant efficiencies and sustainability improvements.

TheThe firm typically invests at the Seed and Series A stages, providing capital and strategic support to help nascent companies scale their innovative technologies. Blackhorn Ventures closed its first fund at $27 million, followed by a $40 million second fund, and most recently a $50 million third fund, demonstrating a consistent growth in capital deployment capacity. This progression allows them to support a growing portfolio of companies that are developing solutions for a more resource-efficient future.

Blackhorn Ventures distinguishes itself through its focus on complex engineering problems and its commitment to long-term value creation in the industrial and deep tech space. They partner with entrepreneurs who possess strong technical expertise and a clear vision for transforming traditional industries. Their investment approach is hands-on, aiming to provide more than just capital, but also strategic guidance and access to their network within the industrial and technology ecosystems.

Investor Profile

Blackhorn Ventures has backed more than 85 startups, with 2 new investments in the last 12 months alone. The firm has led 31 rounds, about 36% of its total and boasts 7 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series A, Series B rounds (top funding stages).
  • Majority of deals are located in United States, Canada, United Kingdom.
  • Strong thematic focus on Software, Artificial Intelligence (AI), SaaS.
  • Typical check size: $750K – $2.5M.

Stage Focus

  • Seed (38%)
  • Series A (29%)
  • Series B (12%)
  • Convertible Note (11%)
  • Pre Seed (5%)
  • Series Unknown (4%)
  • Debt Financing (1%)
  • Series C (1%)

Country Focus

  • United States (82%)
  • Canada (7%)
  • United Kingdom (7%)
  • Germany (2%)
  • Australia (1%)

Industry Focus

  • Software
  • Artificial Intelligence (Ai)
  • Saas
  • Construction
  • Information Technology
  • Enterprise Software
  • Machine Learning
  • Robotics
  • Insurtech
  • Energy
circle-line
FAQ

Frequently Asked Questions

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

Who does Blackhorn Ventures frequently co-invest with?

Proeza Ventures
North America, Nuevo Leon, Mexico, Monterrey
Co-Investments: 5
Fontinalis Partners
North America, Michigan, United States, Detroit
Co-Investments: 4
Mucker Capital
North America, California, United States, Santa Monica
Co-Investments: 4
Stout Street Capital
North America, Colorado, United States, Denver
Co-Investments: 4
Builders VC
North America, California, United States, San Francisco
Co-Investments: 5
NEXT Frontier Capital
North America, Montana, United States, Bozeman
Co-Investments: 4
SaaS Ventures
North America, Florida, United States, Miami
Co-Investments: 4
Brick & Mortar Ventures
North America, California, United States, San Francisco
Co-Investments: 6
Tenfore Holdings
North America, New York, United States, New York
Co-Investments: 5
Eniac Ventures
North America, New York, United States, New York
Co-Investments: 5

Which angels does Blackhorn Ventures often collaborate with?

FL
North America, California, United States, San Diego
Shared Deals: 1
SB
North America, California, United States
Shared Deals: 1
RS
North America, California, United States, Menlo Park
Shared Deals: 1
CF
North America, California, United States, Menlo Park
Shared Deals: 1
PR
Europe, Birmingham, United Kingdom
Shared Deals: 1
Shared Deals: 1
KB
North America, California, United States
Shared Deals: 1
Shared Deals: 1
RL
North America, California, United States, San Francisco
Shared Deals: 1
Darren Bechtel
North America, California, United States, San Francisco
Shared Deals: 1

What are some of recent deals done by Blackhorn Ventures?

King Energy

Durango, Colorado, United States

King Energy is a next-generation energy company that brings solar power to multi-tenant commercial properties.

Clean EnergyEnergyRenewable EnergySolar
SeedOct 16, 2024
Amount Raised: $10,000,000
Datch

San Francisco, California, United States

Datch provides AI-powered mobile solutions for frontline asset management.

Asset ManagementB2BEnterprise Resource Planning (ERP)Enterprise SoftwareSoftware
Series AAug 7, 2024
Amount Raised: $15,000,000
Formic Technologies

Chicago, Illinois, United States

Formic aims to increase the collective output of humanity by making automation deployments trivial and easy.

Industrial AutomationManufacturingRoboticsSoftware
Series AJun 25, 2024
Amount Raised: $27,400,000
ThinkLabs AI

Toronto, Ontario, Canada

ThinkLabs AI is a specialist AI development and deployment firm.

Artificial Intelligence (AI)Sustainability
SeedMay 23, 2024
Amount Raised: $5,000,000
Buzz Solutions

Palo Alto, California, United States

Buzz Solutions provides a platform for teams for fostering smart, stable, and resilient infrastructure inspections and monitoring.

AnalyticsArtificial Intelligence (AI)Information TechnologyMachine LearningPaaSSaaSSoftware
Series UnknownMar 20, 2024
Amount Raised: $5,000,000
Briq

Santa Barbara, California, United States

Briq is a financial automation platform that utilizes artificial intelligence to automate finances in construction.

Artificial Intelligence (AI)ConstructionFinancial ServicesFinTechSaaS
Series BJan 18, 2024
Amount Raised: $8,000,000
Sway

Venice, California, United States

Sway is a provider of shipping services that allows returning an online purchase without leaving home.

E-CommerceInternetLogisticsShipping
Series AJan 11, 2024
Amount Raised: $19,500,000
Dwellsy

Los Altos, California, United States

Dwellsy is the largest residential rental listing marketplace in the U.S.

Consumer ApplicationsE-CommerceInternetProperty ManagementRental Property
SeedNov 15, 2023
Amount Raised: $11,500,000
Ridepanda

San Francisco, California, United States

Ridepanda is an online e-ride shop that offers electric vehicles with maintenance support and theft protection.

Retail
SeedNov 9, 2023
Amount Raised: $7,500,000
Optera

Boulder, Colorado, United States

Optera platform tracks emissions upstream and downstream in a company’s supply chain.

CleanTechEnergyEnvironmental ConsultingSaaSSustainability
Series ASep 11, 2023
Amount Raised: $12,000,000